And for a Friday…. In Mumbai with the launch of the Fifth Tranche of Gold Bonds by GOI. For all those who buy Gold as an investment, the Gold Bonds are great with no Capital Gains Tax, 2.75% interest paid half yearly and of course, no fear of theft. It’s time we persuade all of…
For a Friday after “Dahi Handi” in Mumbai….some thoughts……. Janmashtami, like every other festivity is great, for us to worship, enjoy and celebrate. But the enjoyment of a few cannot be at the cost of the majority who have to suffer, and add to that serious body injuries, risk to participants and bystanders. The Supreme…
And for a Friday that brought the First Medal by Sakshi Malik at Olympics…..some thoughts. I love Virendra Sehwag’s dig at all cynics who criticise our athletes/sportspersons. “Sakshi Malik ke gale me medal Kitna ‘Sobha De‘ raha hai na”……..wow. क्या-Hinglish… It’s not easy at the global level and let’s admit, we have never been a…
And for a Friday in Mumbai….. some thoughts…… The “Baayee” system in Mumbai, like the “Dabbawallas” are unbeatable, professional, passionate and performing. The efficiency of a typical “Baayee” of Mumbai is unmatchable, logistics is worked out. Walking distance from the hutment colony or the 6.18 local from Ghatkopar. Once at destination, it is clockwork and…
And for a Friday of the Historic GST Bill…. Some thoughts… After the 1991 reforms, this is probably the biggest. All indirect taxes of the Central Govt – Central Excise, Addl. Excise, Service Tax, CVD etc. etc. will be subsumed in the Central GST and State Sales Tax, Octroi, Entry Tax, Purchase Tax, Luxury Tax…
For the last Friday of July, some thoughts…. Last 48 hours to file Income Tax Returns and I am happy with the renewed efforts to unearth Black Money. All those with 50 lakhs plus income, beware….the new ITR form requires you to make lots of declarations. Before July 31, you must provide the complete list…