Showing posts with label OTHER. Show all posts
Showing posts with label OTHER. Show all posts

HAPPY INDEPENDENCE DAY !!!

LAST ONE YEAR CHANGE

15/08/15 vs 15/08/16

SENSEX 28067 vs 28152 (+0.30%) 

NIFTY 8518 vs 8672 (+1.81%) 

GOLD$ 1115 vs 1339 (+20.09%) 

GOLD(Rs) 25768 vs 31220 (+ 21.16%) 

SILVER(Rs) 35429 vs 46130 (+30.20%) 

Rs/$ 65 vs 66.90 (+2.92%) 💥

Freedom Was Not Gifted To Us,

It Was Snatched By An Unstoppable Fight,

Fighters Painted With Blood On Their Life’s Canvas,

Still They Never Turned Back With Fright!

HAPPY INDEPENDENCE DAY !!!
May God gift you all the colors of life, colors of joy, colors of happiness, colors of friendship, colors of love and all other colors you want to paint in your life. !!!!....
!!!!....HappY Holi....!!!!

Railway Budget 2015 Summary


FARES, FREIGHT
* Emphasis on gauge conversion over next 5 yrs
* Must run fast trains like Rajdhani, Shatabdi
* To up track length by 20% to 138,000 km next 5 years
* Must substantially regain freight mkt share
* No hike in passenger fares

HYGIENE BOOST
* To have professional agencies for railways cleaning
* Ensuring higher standards of cleanliness a priority
* Swachh Rail to be a driving force
* To create new dept for clean stations, trains

MISCELLANEOUS
* 1,219 sections on high density network
* Railway is a unique integrator of India
* Investment in railways to create more jobs
* Under-investment led to reduced efficiencies
* Capacity augmentation suffered over the years
* Railway facilities have not improved in last few decades
* Minister: Cycle of poor invest in railways must end
* Aim to make rail a safer means of travel* Need tighter control on costs
* Freight carrying capacity to be raised to 1.5 bln tn
* Aim to make rail financially self sustainable
* Railway an integral part of PM's flagship programmes
* Launching steps to systematically address customer grievances
* Working on feasible views of over 20,000 in social media
* Aim to modernize rail infra
* We have prepared a forward-looking agenda
* Legacy of past decades to take some time to neutralize
* Must make freight transport reliable, comfortable
* Minister: Railways has to transform in next five years
* Convinced can deliver on promises of efficient railways
* Focus on doubling, tripling existing high-density network
* Next 5 yrs' priority to up capacity in high density network
* 492 sections on high density network at over 100% capacity
* To set standards for governance, transparency
* Need to make changes to speed up operational efficiency
* Pension funds have shown interest in investing in railways
* Need to revamp management practices
* Railway FY16 operating ratio seen 88.5%
* To partner with PSUs to transport coal, iron, cement
* Tie up with multilateral, bilateral bodies for overseas tech
* Railway invest to need multiple sources of funding
* Will partner with pvt sector to modernize stations' infra
* To partner with multilateral agencies for fund access
* Railway envisages 8.5 trln rupee invest in 5 yrs
* To partner with PSUs to build capacity for freight movement
* Railway to partner pvt sector for last mile connectivity
* States can raise finance through SPVs
* This budget part of trilogy of vision to improve railways
* Improvement of connectivity an imperative
* Vision 2030 document later this year
* Aim 30 mln daily passenger carrying capacity in next 5 yrs
* Railway Budget proposals be seen as part of 5-yr plan
* Aim to invest on ongoing basis in depreciating assets
* Sustained, measurable improvement in travel experience a goal
* Need material improvement in operating capacity.

Railways will play a role in building a dynamic India

!!! HAPPY REPUBLIC DAY !!!

               "Wish you all a Very happy Republic Day... A Constitution is born this day....
                       Wish it become the stronger and stringer day by day ....
      Integrating all Indians beyond the caste, creed, religion and geographic diversity....JAI HIND..."

!!! HAPPY NEW YEAR !!!


We appreciate your priceless contribution to our success this year.

 We wish you great success, joy and prosperity in 2017.

Golden Rules for Successful Trading

1. Divide your capital into 10 equal risk parts. 2. Never over trade. 3. Never place order for BUY/SELL without stop loss conditions. 4. Never let profit turn into loss. 5. Trade with the trend. 6. Never take lead you may loose heavily. 7. Never try to be over smart. 8. Don't trade if trend not clear 9. Don't follow tips only. 10. Use the right orders only. 11. Withdraw portion of profits. 12. Don't be whimsical about closing your trades. 13. Never buy a stock to get dividend. 14. Never average your losses. 15. Take big profits and small losses. 16. Sell short as often as you go long. 17. Never buy any stock just it is low priced. 18. Pyramid your trades correctly. 19. Decrease your trading after a series of successful trades. 20. Don't change your opinions during market hours. 21. Don't follow the crowd - they are usually wrong. 22. Buy on rumor and sell on news. 23. Take windfall gains when you get. 24. Keep your charts up to date. 25. Preserve your capital. 26. Nothing ever new occurs in market. 27. Markets are never wrong opinion may be. 28. Never permit speculative ventures to turn into investments. 29. Never try to predetermine your profits. 30. Never buy a stock just because it is low priced or don't sell just because it is high priced. 31. Look for reasonable profits. 32. Buy as soon as a stock makes new highs after a normal reaction. 33. Ban wishful thinking in the market. 34. Leaders of today may not be leaders of tomorrow. 35. Don't be too cautious about reasons behind the moves. 36. Trade only the active stocks. 37. Bear markets have no support and bull markets have no resistance. 38. The smarter you are the longer it takes. 39. It is very hard to get out of a trade than to get in. 40. Don't talk about what you are doing in the market. 41. When time is up, markets must reverse. 42. Control what you can; manage what you can not. 43. Big movements take time to develop. 44. A good trade is profitable right from the start. 45. If you can not make money trading the leading issues you can not make it trading the overall market. 46. Avoid partnership in trading accounts. 47. The human side of every person is the greatest enemy of successful trading. 48. Money can not be made every day in the market. 49. As long as market is acting right don't rush to take profits. 50. Never buy a stock just because it has fallen from a great high, nor sell a stock because it is high priced.

HAPPY DIWALI

May u all pay Income Tax @ highest slab rate,
May u all have to pay even Gift Tax & Wealth Tax,
May U incur all types of capital gain taxes,

May u always get Audited under 44AB

On this auspicious festival of lights, May the glow of joy
Prosperity and happiness Illuminate your life and your home.
Wishing you A Very HAPPY DIWALI

Railway Budget 2014 Summary

Railway Minister D.V. Sadananda Gowda presents the NDA government’s maiden Rail Budget. Check out the long list of Raiway Budget 2014 summary.


E-ticketing system to be improved to support 7200 tickets per minute as against 2000 tickets at present

Cleanliness is Godliness. HIGH emphasis is to be given to improve cleanliness at stations & trains.

Introduction of women RPF constables, coaches meant for women to be escorted for greater safety.

High-speed trains proposed to connect major cities

Railways to go PPP way to set up solar panels on the train roofs (PIB)

Total PPP investments in FY15 estimated at ₹6,005 c

Express trains and 4 premium express trains to be introduced. Bangalore to get suburban trains.

Important tourist destination Kodagu will get Railway facility.

Summer internships for under-graduates of engineering & management studies

Innovations Incubation Center to be set up to leverage talents, harness staff potential in creating new ideals

High speed trains on Kanpur-Nagpur, Mysore-Bangalore-Chennai.

To create urban transport infrastructure to boost traffic

To allocate ₹5,116 cr for projects in NorthEast

Aim to spend Rs 40,000 cr to lay new track this fiscal

RO drinking water units, mechanised laundry & outsourced cleaning activities to be introduced

94 paisa of every rupee earned is spent by Railways

Cleaning services to be outsourced to specialist agencies

Proposes automatic closing of doors before the train leaves platform.

Reservation system will be revamped & ticket booking through mobile phones and post offices popularised

Bio toilets in trains

To encourage corporates to adopt stations for improvement

CCTVs at stations would be used to monitor station cleanliness activities

Passengers can order food through sms/phone; severe action against vendors delivering unhygienic
food

IVRS system for feedback on catering. Food courts at major stations

Proposes ready-to-eat meals from brands to be served in trains

Through PPP route, we want to provide foot-over bridges, escalators and lifts across all stations

Online booking will be made easier

See pension provision at ₹28,850 cr in FY15

See Plan outlay at ₹47,650 cr for FY15 | Scales down FY15 IRFC mkt borrowing to ₹11,790 cr

Better amenities and passenger services. Escalators and lifts through PPP

Estimate Passenger ticket sales at Rs 44,645 cr in FY15

Fare revision was a tough but necessary decision, Rs 8,000 crore of additional revenue will come

Fares, more investments in the form of FDI and private investment will ramp up railways

Expect to get total receipts of Rs 1,64,370 crore this year

Bulk of future projects to be financed via PPP route

Spent Rs18,400 cr on doubling 5,050 km tracks in 10 years | Had a surplus of ₹3,783 cr last fiscal

Seeking Cabinet nod to allow #FDI in Railway sector but not in railway operations.

Prioritising time lines to finish pending projects | Passenger earnings fell short by ₹968 cr vs Estimates

Recent fare revision to net ₹8,000 cr to Railways | Bulk of future projects to be financed via PPP route

Need ₹9 lk cr for funding Diamond Quadrilateral

Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years

FY14 Gross Traffic Receipt at Rs 1.39 lakh crore | FY14 operating ratio at 94%; 6% is surplus

Require five lakh crore to finish ongoing projects

Four projects are 30 years old which are yet incomplete

FY15 Estimate for surplus seen at ₹602 cr

Propose FY15 market borrowing at Rs 11,790 crore

Managing the Railways takes most of our resources. We spend 94% of our earnings. Left with just 6%

Target to become the largest freight carrier of the world

We carry 23 million passengers a day, over 1 billion tonnes of freight every year

Railways will play a role in building a dynamic India

Major changes in Income Tax Returns

1. All taxpayers filing E-Returns will have to compulsorily update correct mobile number and E- Mail ID's. Otherwise there will be login issues before uploading of return on income tax Depts Website.

2. Now onwards Income Tax Refund will be issued directly in the bank account of the taxpayer through ECS only, cheques are discontinued. Therefore at most care should be taken while mentioning Bank Account Number and IFSC Code in the income tax returns.

3. From this year while claiming TDS in Income Tax return facility has been given to carry forward the TDS of previous year and brought forward TDS to next year. Due to this reconciliation of TDS claimed on Income and total available TDS as per Form 26 can be made. Tax payers which follow cash system of accounting will be benefited, like Doctors, Advocates, CAs and other professionals.

4. As per newly inserted Section 87A if annual income of the taxpayer is up to Rs. 5,00,000/- then Tax relief of maximum of Rs. 2,000/- is given. For claiming this relief separate space has been inserted in the return.

5. As per newly inserted Section 80EE if taxpayer has purchased house up to Rs. 40 Lakh and taken housing loan of Rs. 25 Lakh then taxpayer can claim deduction of interest up to Rs. 1 Lakh. For claiming this deduction separate space has been inserted in the return.

6. If income of the taxpayer is more than Rs. 1 crore then surcharge of 10% is applicable. For this separate space has been inserted in the return.

7. All salaries taxpayers will now have to give now separate details of LTA (Leave Travel Allowance) and HRA (House Rent Allowance) and other allowances separately. This will help Govt. to track proper claim of such deductions, recent HRA and LTA fallacious claimed by some MPs and Govt. taxpayers may have forced for such changes.

8. From this year the details of short and long term capital gain will have to be given in three parts viz.

a) sale of plot / flat

b) sale of STT paid shares and mutual funds

c) sale of other assets.

Further in case of sale of land or building Stamp Duty Value will have to be mentioned. Further if taxpayer is availing exemption under capital gains then value of newly purchased asset, date of acquisition of the asset and if invested in capital gain account then its details will have to be mentioned.

9. Corporate or LLP assessee will have to mention Corporate Identification Number or LLP Identification Number. Further Director or Designated Partner Identification Number will have to be mentioned. This will help in cross check of information with other legal departments by income tax dept or visa a versa.

10. If assessee carrying on business is taking deduction of bad debts of more than Rs. 1 Lakh of single person, then his PAN will have to be mentioned.

11. As per newly inserted section 43 CA if, taxpayer have sold other than capital assets below stamp duty value (eg. builders / developers) then the difference between the two will be considered as deemed income of the assessee and tax will have to be paid on it. For this separate space has been inserted in the return.

12. If there is more than one owner of the house then, while mentioning details in the schedule of Income from House Property the percentage of co ownership will have to be given.

13. From this year e-filing of wealth tax return is compulsory and in this return the details of all wealth whether taxable or not, will have to be given in depth.

Toll Free numbers in India ......!!!!

Indian Airlines - 1800 180 1407 Jet Airways - 1800 225 522 Spice Jet - 1800 180 3333 Air India - 1800 227 722 Kingfisher -1800 180 0101                                                                                               

                                                                                   
Banks ABN AMRO - 1800 112 224 Canara Bank - 1800 446 000 Citibank - 1800 442 265 Corporation Bank - 1800 443 555 Development Credit Bank - 1800 225 769 HDFC Bank - 1800 227 227 ICICI Bank - 1800 333 499 ICICI Bank NRI -1800 224 848 IDBI Bank -1800 116 999 Indian Bank -1800 425 1400 ING Vysya -1800 449 900 Kotak Mahindra Bank - 1800 226 022 Lord Krishna Bank -1800 112 300 Punjab National Bank - 1800 122 222 State Bank of India - 1800 441 955 Syndicate Bank - 1800 446 655                                                                                                                                                                                   
               
Automobiles Mahindra Scorpio -1800 226 006 Maruti -1800 111 515 Tata Motors - 1800 255 52 Windshield Experts - 1800 113 636                                                                                                                                                                                   
               
Computers / IT Adrenalin - 1800 444 445 AMD -1800 425 6664 Apple Computers-1800 444 683 Canon -1800 333 366 Cisco Systems- 1800 221 777 Compaq - HP -1800 444 999 Data One Broadband - 1800 424 1800 Dell -1800 444 026 Epson - 1800 44 0011 eSys - 3970 0011 Genesis Tally Academy - 1800 444 888 HCL - 1800 180 8080 IBM - 1800 443 333 Lexmark - 1800 22 4477 Marshal's Point -1800 33 4488 Microsoft - 1800 111 100 Microsoft Virus Update - 1901 333 334 Seagate - 1800 180 1104 Symantec - 1800 44 5533 TVS Electronics-1800 444 566 WeP Peripherals-1800 44 6446 Wipro - 1800 333 312 Xerox - 1800 180 1225 Zenith - 1800 222 004                                                                                                                                                                                   
                                                                                                                                                                                   
Indian Railways General Enquiry 139 Central Enquiry 131 Reservation 139 Railway Reservation Enquiry 1345, 1335, 1330 Centralised Railway Enquiry 133, 1, 2, 4, 5, 6, 7, 8 & 9 Couriers / Packers & Movers ABT Courier - 1800 448 585 AFL Wizz - 1800 229 696 Agarwal Packers & Movers - 1800 114 321 Associated Packers P Ltd - 1800 214 560 DHL - 1800 111 345 FedEx - 1800 226 161 Goel Packers & Movers - 1800 11 3456 UPS - 1800 227 171                                                                                                                                                                                   
               
Home Appliances Aiwa/Sony - 1800 111 188 Anchor Switches - 1800 227 7979 Blue Star - 1800 222 200 Bose Audio - 112 673 Bru Coffee Vending Machines - 1800 4 7171 Daikin Air Conditioners - 1800 444 222 DishTV - 1800 123 474 Faber Chimneys - 1800 214 595 Godrej - 1800 225 511 Grundfos Pumps - 1800 334 555 LG - 1901 180 9999 Philips - 1800 224 422 Samsung - 1800 113 444 Sanyo - 1800 110 101 Voltas - 1800 334 546 WorldSpace Satellite Radio - 1800 445 432                                                                                                                                                                               

 
Investments / Finance CAMS - 1800 442 267 Chola Mutual Fund - 1800 222 300 Easy IPO's - 3030 5757 Fidelity Investments - 1800 180 8000 Franklin Templeton Fund - 1800 425 4255 J M Morgan Stanley - 1800 220 004 Kotak Mutual Fund - 1800 222 626 LIC Housing Finance - 1800 440 005 SBI Mutual Fund - 1800 223 040 Sharekhan - 1800 227 500 Tata Mutual Fund - 1800 220 101           

                                                                                                                                                                       
Leisure Travels Club Mahindra Holidays - 1800 334 539 Cox & Kings - 1800 221 235 God TV Tours - 1800 442 777 Kerala Tourism - 1800 444 747 Kumarakom Lake Resort - 1800 445 030 Darjeeling tours -09733306673 Raj Travels & Tours - 1800 229 900y Sita Tours - 1800 111 911 SOTC Tours - 1800 223 344                                                                                                                                                                                   
                                                                                                                                                                    Healthcare Best on Health - 1800 11 8899 Dr Batras - 1800 11 6767 GlaxoSmithKline - 1800 22 8797 Johnson & Johnson - 1800 22 8111 Kaya Skin Clinic - 1800 22 5292 LifeCell - 1800 44 5323 Manmar Technologies - 1800 33 4420 Pfizer - 1800 442 442 Roche Accu-Chek - 1800 11 45 46 Rudraksha - 1800 21 4708                                                                                                                                                                                   
               
Insurance AMP Sanmar - 1800 44 2200 Aviva - 1800 33 2244 Bajaj Allianz - 1800 22 5858 Chola MS General Insurance - 1800 44 5544 ICICI LOMBARD- 18002666                                                                                                                                                                                   
                                                                                                                                                                   DTH dish no. airtel- 18001028080 (airtel user- 12150) tatasky- 18001806633, reliance- 18002009001, d2h -18001370111, dishtv- 18001801

The Bitcoin Economy – Infographic

Bitcoin is one of the first implementations of a concept called crypto-currency, The Bitcoin is a form of currency without notes and coins, it is a digital currency. For those who are interested to know how the bitcoin economy functions here is a quick infographic from Reuters.



SOME INTERESTING NUMBERS

 USD 104 billion Facebook’s valuation at the time of its IPO.
USD 16 Billion Amount Facebook raised in its IPO.
USD 25 Billion Twitter’s valuation at the time of its IPO.
USD 2.1 Billion Amount Twitter raised in its IPO.
USD 1 Billion Price Facebook paid for Instagram in 2012.
USD 8 Million Amount of capital invested in WhatsApp in 2011 by Sequoia Capital.

400,000,000: The number of active users, according to a December blog post from WhatsApp.


450,000,000: The number of active users, today, according to Facebook’s press release.

70%: Percentage of users who are active on the app on a daily basis. 1,000,000:

The company says it’s adding more than 1 million new users a day.

945,000,000: Monthly active users on Facebook, as of Dec. 31.

230,00,000: Number of daily active users on Twitter.

50 The number of employees at WhatsApp Five:

WhatsApp is the fifth most downloaded app on Android devices.


STATE GDP GROWTH RATES (%)



-Tamil Nadu has suffered the worst growth collapse among the 17 large states: from 13.12% in 2010-11 to just 4.14% in 2012-13, a fall of two-thirds.

- Bihar shows strong GDP figures. It maintains doubledigit growth and topping the states’ ranking in 2012-13 with 14.48%.

- Bimaru states — (Bihar, Madhya Pradesh, Odisha, Rajasthan, UP, Chhattisgarh and Jharkhand) — slowed much less than the advanced states of the west and south

- Growth in the Bimaru belt averaged a whopping 9.6% against just 5.6% for the west and south.

-Raghuram Rajan estimates that one-third of India’s GDP slowdown is due to the global slowdown.

-Tamil Nadu has slowed most, but Karnataka has also slowed from 10.15% in 2010-11 to 6.19% in 2012-13.

-Andhra Pradesh has almost halved its growth rate from 9.66% in 2010-11 to 5.04% in 2012-13.

- Kerala’s data for 2012-13 is not available. It is probably more resilient than the other southern states because of its big dependence on remittances from NRIs, which have not fallen.

- The western states also slowed in these two years, but not as sharply as in the south. Maharashtra slowed from 10.24% to 7.13%, a fall of onethird

-Gujarat’s data for 2012-13 is not yet available, but it has probably followed Maharashtra’s trajectory.