GOVERNMENT SHOULD IMPOSE HIGHER TAX ON RICH CLASS ?

We (India) have many problem like population, Poverty, Corruption, etc etc if we creat the list the list will be long.  Out of many major problems Unemployment is the one of the main problem of India. This year may government going to charge higher tax on rich people. Following is the current tax slab for General and women. For siniour Citizen first slab is o t 2,50,000/- and rest is similar.

                                                                                                                                                                    

Income tax slab	Tax
0 to 2,00,000	No Tax
2,00,001 to 5,00,000	10%
5,00,001 to 10,00,000	20%
Above 10,00,000	30%

What happen if we Increase tax in rich class

Few experts opinion

Naina Lal Kidwai, FICCI President,

"A higher rate of tax on high income group taxpayers is uncalled for as this would discourage entrepreneurship. It could lead to professionals relocating to low tax domiciles such as Singapore, Dubai or London,"

FICCI recommended that the maximum rate of 30 per be made applicable for an income above Rs 20 lakhs (as against the existing threshold of Rs 10 lakhs).

 Rajkumar Dhoot, Assocham President

"Nowhere in the world this happens. Our opinion is tax them (the rich) but tax them reasonably. They have money and with that money they invest in the country, which generates jobs. The investments from the rich men also give excise duties, sales tax and hence generate revenues also."

Adi godrej, CCI President 

"We have said that any increase in taxes (on rich) will create a negative perception on investment and therefore should be avoided."

The point is do higher rates of taxes lead to HIGHER COLLECTION or lead to a SENTIMENT, which creates a NEGATIVE effect on ECONOMIC GROWTH.

(Source : web site of Economic times)

Is OPERATION BLACK in Delhi is OK ?

Now a days Delhi police hunting to remove black glass in the car they actually stop the car then charge the fine. By Indian law black glass glasses in the cars are band. Delhi police are removing the entire black layer on the cars. The problem is arising when the car maker (the car manufacturing company) who fixed the black layer on the glass that also not allowed. The one more main problem is that is the government don’t have proper measurement meter to calculate the transparency in the glass that measurement machine name is “Nexso meter” (source : Zee News)

So the question arise that how much the transparency is required in the car?

Another case arise in the Mumbai in that the largest bus corporation in Mumbai launch a new bus with  that bus the corporation decide to put or stick one way posters/stickers for advertisement purpose. And earn revenue from that advertisement.  

One way posters/stickers are the advertisement medium but the only way is that we can see one way to other side in bus case the passenger can see the outside the bus but the outsiders can’t see anything in the bus.

The idea was great but it not band by law so now a days they follow that government rule and remove advertisement poster from the glass of the bus.

ENTRY of ENTRY LOAD In MUTUAL FUND

Today I saw in the television that government is thinking to apply entry load in mutual fund.

Looking good thing in the sentence but difficult for investor.

Entry load is the kind of expense which is chargeable at entry point of time of the investor. Means when the investor want to invest some amount of money at the same time investor will lose their some percentage of amount at the entry level therefore it is called as entry load, when you investor will enter in to the market the some percentage will be deducted directly. The entry load may be the 2.25% of the amount invested by the investors.

Earlier the entry load was remove by government in the year 2009, and now they are thinking to apply t he same load again on investor.

For example:-

Earlier situation when entry load was not there.

Mr. A want to invest one lakh rupees in the mutual fund so he can go to the fund house or investment advisor and directly investor will invest in the mutual fund, at that time no entry load or no entry expense charge on the entry in the mutual fund. Investor full amount Is invested. Full 1 lakh rupees investor can see in the portfolio of the investor.

If entry load will charge on mutual fund.          

Mr. A want to invest one lakh rupees in the mutual fund so he can go to the fund house or investment advisor and directly investor will invest in the mutual fund, at this time ENTRY LOAD will charge on the entry in the mutual fund. Investor full amount one lakh amount cannot be seen in their portfolio the investor can seen amount after the deduction in their one lakh rupees. When you will see the portfolio immediate after the investment  you will see only 97,750 instead of one lakh rupees.

https://docs.google.com/spreadsheet/viewform?fromEmail=true&formkey=dEVBOV9HbTJtOEVod2lOMEhPWi16X2c6MQ

New way of study

Do U want to study in the BOOKS ???????     

We all want success in our life in our field like doctor, engineer, lawyer and any other field which related to study means some people like to work in the field but we don’t want to study may be because of “BOOKS”. As a student I really don’t like book too much.

New way means study through audio formats, which can be store in our cell phones or any other memory stored device through which we can utilized. We can use in any time in dark room when electricity is not there or when we can’t sleep in the night, while we are travelling alone and also in full of Rush train.

            THINK Friends

If MET supply their own audio format study to there student to study with MET IOM copy rights, It will become so so so easy to study.

·         We can study after close our eyes.

·         Those who can not see that will benefited most.

·         No one going to disturbed you while you study because the headphone will be in our hears. (Classmates)

·         Full Focus.

Hungry about FOOD

What is hunger? We don’t know what actually pain of the hunger is? According to me NO ONE on the earth can measure the actual pain of the hunger in QUANTITATIVE form. Because when we are hungry we went to canteen and order something than we ate. I know a few people who know the pain of hunger but they never tell others about it; they just tolerate it while listening you talk with a smile.

The war against hunger  

A boot polish person (on a western line railway station) who is a person on a western line railway station. He wakes up at 5:oo am. He leaves his house and reaches the station (work place). He spends his whole day at their work place he returned back at 7:oo pm.

The whole day he survives on a glass of milk no one in the person who drinks a glass of milk. Next is after working in whole day that person income is only 200 to 250 per day.

The beggar’s story

A person on the same railway station who was too hungry as much hungry that ‘a normal person who eating a samosa and suddenly a beggar came behind that person who is eating samosa and demanded for samosa. The beggar is too much hungry the emotion of the beggar we can see through eyes of the beggar. The person feel uncomfortable and through the half eaten samosa in the dustbin and suddenly the beggar put their hands in the dustbin and picked that samosa.

The Beginners

The Beginners

Through this we are going to start my blog life.

A life in the CLASS ROOM and In the SPORTS ROOM/CANTEEN.

SPORTS ROOM/CANTEEN-In these lives we enjoy too much we never care about the time we all are enjoy the life in the SPORTS ROOM/CANTEEN. But some student does not enjoy that life just because of the other factor in the student life. Everyone knows the other factor because we all are the student we all know our life that how we sacrifice one thing and how we enjoy the things.

CLASS ROOM-In class room many of the student sat forcefully just because of the attendance purpose/they didn’t have any other reason that we all know.