Tuesday, July 7, 2009

070709

Many many happy returns of the day Mahi.... He's got a nice birthday gift from Anu Bhambhani, Times of India...

As per today's reactions to yesterday's budget, this article tried to say the fact in the first half - Its more of a political budget than national budget. As per the comments of Narayan Murthy, it seems that FM has taken the shield of recession in a better way. It may be true for the corporate world.

Economic times posted an article on Googlies of budget 2009-10. I have listed just three of them here
*Here, it says 'Fringe Benefit Tax stands abolished, but a tad too late. India Inc has paid the first installment of FBT. Further, rules will be introduced to determine the perquisite value that should be taxable in the employees’ hands. You thought that a tax was abolished? It is just transfer of the onus of paying tax from the employer to the employee. ESOPs, employers contribution to superannuation and much much more will also be a perquisite, taxable in your hands and mine.' Well, is this what our new government is supposed to do? A few other articles do suggest that we will now be 'taking home' less than we used too, yes, even after considering the increase in the minimum limit from 1.5 to 1.6.
*Donations to electoral trusts allowed 100% deduction. Ha ha ha ha. Its just another way to get the funds for the elections. This is called politics.
*Tax deduction at 20%, if Pan Card not available. My cousin Shivprakash has applied for PAN card so many times. Once the agent cheated and got himself Ctrl+Alt+Deleted from the scene; other times, he didn't get any response from the authorities. What is he supposed to do?

In the fourth day Pakistan-SL test match, today morning I saw the 3rd day's end score - Pak 71/2 needing just 97 to win with 8 wickets in hand and 2 days to go. They were all out @ 117..!

Song of the day - 'Arambh hai prachand' - Gulaal
NEWS of the day - Air India to be updated - It should be done in all government controlled companies
Memory of the day - Dhoni's birthday
Inspiration of the day - sensex may touch 18K by April next year. I guess, it should be earlier.
Award of the day - Dhoni, as a birthday gift to him
Comment of the day - Post-Budget analysis shows that the needy things are going to be costlier and the rest will be cheaper. Wow.... hats off to the budget...!
Mail of the day - 'They speak for themselves' - amazing pics which don't need any words
Humor of the day - One cold day in the middle of winter, Mr. and Mrs. Ross decided to fly to Florida for a vacation.
Mrs. Ross packed their summer clothes very carefully the night before their departure, and the next
morning they got up early and drove directly to the airport.
While they were waiting at the check-in counter, Mr. Ross began to question his wife about the things
she had packed.
" Did you remember my red bathing suit? " he asked.
" Of course," she answered.
" You didn't forget our tennis shoes, did you? " he asked.
" Of course not," she replied. Suddenly there was a long silence.
" Murray, what's wrong? " said Mrs. Ross. " You look worried."
" I'll bet you didn't bring the piano," he replied.
" The piano? " she said. " Why on earth would I bring the piano? "
" Because," he said sheepishly, " I left our plane tickets on top of it."
Decision of the day - Am gonna sleep early tonight
Quote of the day - The grand essentials of happiness are: something to do, something to love, and something to hope for." - Allan K. Chalmers

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