Sunday, 22 July 2012
Saturday, 23 June 2012
Sales Dip : Discounts Rise
In India, no one is buying cars anymore.Global slowdown has finally hit car manufacturers in India, forcing them to go for high discounts strategy to boost sales and reduce inventory.
It is like a repeat of what we witnessed in the second half of 2008 when the global crisis hit. And discount game is not limited to less popular cars.Bestsellers such as Maruti's SX4, WagonR and hyundai i10 are hitting new low in sales price last month.
The sales slowdown has spared no one.Diesel vehicles and luxury car companies are feeling the heat, perhaps for the first time in India.
** In Indian Rupee (INR)
Bargain hard and smart and the dealer would sweeten the deal even more. Excess stock is always a boon for consumers.If you have benn dreaming cars,wake up.This may be the best time to buy.
Regards
Raghav,New Delhi
Delight
It is like a repeat of what we witnessed in the second half of 2008 when the global crisis hit. And discount game is not limited to less popular cars.Bestsellers such as Maruti's SX4, WagonR and hyundai i10 are hitting new low in sales price last month.
The sales slowdown has spared no one.Diesel vehicles and luxury car companies are feeling the heat, perhaps for the first time in India.
- Number of Unsold Petrol cars as of May 2012- 193,100
- Number of Unsold Diesel cars as of May 2012- 107,800
- Car Sales growth in May 2012 slowest in 7 months - 2.8%
SALES
|
||||||||
Cars
|
Discounts **
|
May’11
|
May’12
|
Growth in May 2012
|
||||
Maruti SX4
|
70000
|
2702
|
405
|
-85%
|
||||
Maruti Ritz
|
50000
|
6071
|
3574
|
-41.1%
|
||||
Maruit WagonR
|
50000
|
12736
|
7101
|
-44.2%
|
||||
Maruti Alto
|
45000
|
25939
|
20724
|
-18.4%
|
||||
Hyundai i10
|
47500
|
11538
|
6959
|
-39.7%
|
||||
Hyundai Santro
|
40000
|
6675
|
4192
|
-37.2%
|
||||
Honda City
|
35000
|
1828
|
3753
|
+105.35%
|
||||
Honda Accord
|
125000
|
115
|
38
|
-67.0%
|
||||
Chevrolet Spark
|
30000
|
3017
|
730
|
-48.0%
|
||||
Chevrolet Aveo
|
62000
|
196
|
21
|
-89.3%
|
||||
Regards
Raghav,New Delhi
Delight
Wednesday, 30 May 2012
How to Block Websites
To block websites on your home computer without investing in expensive software, here’s the trick (for Windows PCs):
Step 1: Click the Start button and select Run. Now type the following text in that Run box:
notepad c:\WINDOWS\system32\drivers\etc\hosts
Step 2: You will see a new notepad window on your screen containing some cryptic information. Don’t panic. Just go to the last line of the file, hit the enter key and type the following:
127.0.0.1 orkut.com
127.0.0.1 facebook.com
127.0.0.1 myspace.com
127.0.0.1 facebook.com
127.0.0.1 myspace.com
Save the file and exit. That’s it. None of the above sites will now open on your computer.
You can block as many websites as you like with the above technique. If you want to remove the ban later, open the same file as mentioned in Step 1 and delete the above lines.
Pretty simple...
Clarification on Vodafone Tax Issue
A news report has appeared in the Financial Express, Delhi edition, 27th April, 2012 captioned “I-T didn’t warn Vodafone of tax burden or dispute deal format”. In this regard, the Central Board of Direct Taxes (CBDT) has issued the following clarification:-
In this connection, it may be noted that the first notice in the transaction relating to sale of 66.9848% stake of Hutchison Essar Ltd. (HEL) was issued on 15th March, 2007 under section 133(6) of the Income-tax Act, by the Additional Director of Income Tax (International Taxation), Mumbai to HEL in which it was asked to submit certain details regarding the transaction including shareholders agreements and memorandum of understanding between Hutchison Telecommunications International Ltd. and Vodafone Group dated 11th February, 2007. In the said notice, it has been clearly mentioned that as per information available (from Press Releases of the parties concerned), Vodafone International Holdings BV proposes to acquire the entire issued share capital of CGP Investments (Holdings) Ltd., a company incorporated in Cayman Islands indirectly from HTIL and the full details of the transaction was sought.
When the Indian company showed its inability to submit the details, another notice was issued on 23rd March, 2007 in which, after quoting the Press releases from HTIL and Vodafone, it was mentioned that HTIL/Hutchison Group had made substantial gains from their investment in HEL. It was clearly mentioned that the capital gains are chargeable to tax in India. It was further mentioned that if in case, parties to the transaction proposes to advance any other view, they are at liberty to approach the Assessing Officer. It was explained that the payer (Vodafone Group) as well as the payee (Hutchison Telecom Group) can make an application to the Assessing Officer under sections 195(2) and 197 of the Income-tax Act, 1961, respectively for determining the exact tax liability resulting from the above-mentioned transaction.
This advisory of the tax department was conveyed to the parties concerned, that is, to Vodafone Group and to HTIL. This has been confirmed by HEL in writing through their letter dated 5th April, 2007. It has been mentioned by HEL in the said letter that “we have provided copies of this letter to the concerned parties” and that this has been done solely on the request of the tax department and without assuming any responsibility or liability whatsoever for any actions and transactions of the two non-resident entities.
HEL had its principal office at Mumbai but was assessed to tax at Chandigarh. The Assessing Officer at Chandigarh, on 28th March, 2007, had written two letters to HEL, one of which was addressed to Vodafone UK in which attention of provisions of section 195 was drawn. Replies to the two letters were provided on 1st April, 2007 in which it has been stated that the letter addressed to Vodafone UK is being returned. These correspondences had no relationship with the enquiry conducted at International Taxation Directorate, Mumbai, which had the jurisdiction over the said transaction.
The facts stated as above indicate that while the communication sent by Chandigarh tax office was not served on Vodafone UK and thus has no relevance, the notice sent by Mumbai International Taxation Directorate was confirmed by HEL, India, to have been served on both HTIL and Vodafone.
Thus, Vodafone cannot say that it had received no communication from the tax department, about the chargeability of the transaction to tax in India. Further, it chose to ignore the advice, received before the conclusion of the transaction, that Vodafone or HTIL should approach the Assessing Officer under sections 195/197 of the Income-tax Act, 1961, for determining the exact tax liability in India.
It is clarified that the above communications are part of the Court records and are thus in the public domain.
In this connection, it may be noted that the first notice in the transaction relating to sale of 66.9848% stake of Hutchison Essar Ltd. (HEL) was issued on 15th March, 2007 under section 133(6) of the Income-tax Act, by the Additional Director of Income Tax (International Taxation), Mumbai to HEL in which it was asked to submit certain details regarding the transaction including shareholders agreements and memorandum of understanding between Hutchison Telecommunications International Ltd. and Vodafone Group dated 11th February, 2007. In the said notice, it has been clearly mentioned that as per information available (from Press Releases of the parties concerned), Vodafone International Holdings BV proposes to acquire the entire issued share capital of CGP Investments (Holdings) Ltd., a company incorporated in Cayman Islands indirectly from HTIL and the full details of the transaction was sought.
When the Indian company showed its inability to submit the details, another notice was issued on 23rd March, 2007 in which, after quoting the Press releases from HTIL and Vodafone, it was mentioned that HTIL/Hutchison Group had made substantial gains from their investment in HEL. It was clearly mentioned that the capital gains are chargeable to tax in India. It was further mentioned that if in case, parties to the transaction proposes to advance any other view, they are at liberty to approach the Assessing Officer. It was explained that the payer (Vodafone Group) as well as the payee (Hutchison Telecom Group) can make an application to the Assessing Officer under sections 195(2) and 197 of the Income-tax Act, 1961, respectively for determining the exact tax liability resulting from the above-mentioned transaction.
This advisory of the tax department was conveyed to the parties concerned, that is, to Vodafone Group and to HTIL. This has been confirmed by HEL in writing through their letter dated 5th April, 2007. It has been mentioned by HEL in the said letter that “we have provided copies of this letter to the concerned parties” and that this has been done solely on the request of the tax department and without assuming any responsibility or liability whatsoever for any actions and transactions of the two non-resident entities.
HEL had its principal office at Mumbai but was assessed to tax at Chandigarh. The Assessing Officer at Chandigarh, on 28th March, 2007, had written two letters to HEL, one of which was addressed to Vodafone UK in which attention of provisions of section 195 was drawn. Replies to the two letters were provided on 1st April, 2007 in which it has been stated that the letter addressed to Vodafone UK is being returned. These correspondences had no relationship with the enquiry conducted at International Taxation Directorate, Mumbai, which had the jurisdiction over the said transaction.
The facts stated as above indicate that while the communication sent by Chandigarh tax office was not served on Vodafone UK and thus has no relevance, the notice sent by Mumbai International Taxation Directorate was confirmed by HEL, India, to have been served on both HTIL and Vodafone.
Thus, Vodafone cannot say that it had received no communication from the tax department, about the chargeability of the transaction to tax in India. Further, it chose to ignore the advice, received before the conclusion of the transaction, that Vodafone or HTIL should approach the Assessing Officer under sections 195/197 of the Income-tax Act, 1961, for determining the exact tax liability in India.
It is clarified that the above communications are part of the Court records and are thus in the public domain.
Tuesday, 29 May 2012
Thursday, 24 May 2012
It’s Easier to Blame the Government than to Correct Yourself.
Blaming the government for everything and anything has been an old age fashion in India. Thanks to Democracy rights of people but what about responsibilities. We have become habituated to criticize the government for every other problem whether corruption, dirty roads,dry taps,power failure.Its we who have a hand in most of the problems we face in our daily life.
Every one or the other is criticizing the government for the price hike in petroleum, and corruption, blocked drains. Its the most easy to criticize the government and you also get support from most of the people as they also not interested in accepting the responsibility.
Every one or the other is criticizing the government for the price hike in petroleum, and corruption, blocked drains. Its the most easy to criticize the government and you also get support from most of the people as they also not interested in accepting the responsibility.
You says your roads are dirty.Who littered ? Your MP's ??
You says your Bus terminal are stinking.. how many M La's or MP's have been caught peeing on road??
How many of you don't misuse water and power??
You says your Bus terminal are stinking.. how many M La's or MP's have been caught peeing on road??
How many of you don't misuse water and power??
Agreed that there are few corrupt people in government who are responsible for many issues in our daily life. But we are the one who are choosing them year after year.
The problem is that you expect the government to clean your shit.
And the new issue.. the hike in petrol prices in country.Everyone is criticizing the government. Tell me how many government of the world regulate the prices of crude oil products.Crude oil product is decontrolled item and market forces and other economy items determine its prices.
Every time dollar cost a rupee more, government has to add Rupee 8000 crore to fuel subsidy bill.That means Rupee 30000 crore + burden on government because of falling rupee against US dollar.
And the new issue.. the hike in petrol prices in country.Everyone is criticizing the government. Tell me how many government of the world regulate the prices of crude oil products.Crude oil product is decontrolled item and market forces and other economy items determine its prices.
Every time dollar cost a rupee more, government has to add Rupee 8000 crore to fuel subsidy bill.That means Rupee 30000 crore + burden on government because of falling rupee against US dollar.
I must request government to introduce Economics subject in school for everyone so that everyone know about what economics is,instead of everyone pretending that they are 'economist'. Handling finance is not a child's play.Most of you must be thinking that i am the supporter of UPA government,but i must clarify that i am not the supporter of any political party,but we should not blame the government for all the problems.
You need to understand, that the government and you, both have certain limitations.
So, next time, when you feel tempted to criticize the government. Stop and think. Have you taken care of your civic responsibilities today? Before you blame the government, you need to see if you have taken care of your responsibilities or not.
Raghav
Delight
Delight
Saturday, 19 May 2012
Act Responsibly
Thanks to God, blogs haven’t yet been blocked, but a Delhi
High Court asked other internet firms including Facebook, Google and YouTube to
look at China and have stringent checks on the content on internet.
I wonder whether phone companies could be sued if someone
sends obscene message. I think we can’t sue gravity if you fall on ground and
hurt your nose. Am I right?
Where countries in north are using social media to bring in democracy, a democratic country like India is trying to restrict it… This is not done...
I would rather believe in self-regulation by the user .When government gives you freedom ... one should respect the democracy and must not misuse it.
I don’t want India to become like China, and should think of good things which the internet has contributed to society. As a matter of fact, China has most sophisticated web filters in the world and network in constantly censored.
Did You Know …?
Where countries in north are using social media to bring in democracy, a democratic country like India is trying to restrict it… This is not done...
I would rather believe in self-regulation by the user .When government gives you freedom ... one should respect the democracy and must not misuse it.
I don’t want India to become like China, and should think of good things which the internet has contributed to society. As a matter of fact, China has most sophisticated web filters in the world and network in constantly censored.
Did You Know …?
- · India ranks second best in Asia after South Korea in online freedom.
- · Web Freedom
Best (not filtered) Partly Filtered Worst(Restricted)
USA India China
Brazil Mexico Burma
South Africa Egypt Cuba
UK Kenya Iran
Australia Indonesia
Italy Russia
Estonia
Courtesy- Internet
Being a commerce student, I must look its impact on
corporate sector.
For a corporate sector social media is now the barometer of customer satisfaction level. These days company heavily uses the social networking platform.
For a corporate sector social media is now the barometer of customer satisfaction level. These days company heavily uses the social networking platform.
What I feel is we should act responsibly to avoid government
interference. The only kind of censorship that can work on the net is
self-imposed.
Regards
Raghav Sharma
Regards
Raghav Sharma
Wednesday, 28 March 2012
Let’s Celebrate Earth Hour !!!
Let’s Celebrate Earth Hour !!!
Make one good habit and make our home beautiful….
That is our Earth……
Like every year this year too Earth Hour is going to be celebrated on the last Saturday of March. This year it will be celebrated on Saturday 31st March, 2012.
As environment conscious citizens we are all aware of an important environment concern-Global Warming, which is leading the world towards Climate Change. Earth Hour is a WWF initiative symbolising the collective power of individuals, businesses and Governments to reduce our impact on this planet. Launched in 2007 in Australia, Earth Hour is the largest Environment Campaign grown to millions of people in over 5000 cities across 135 countries.
Earth Hour’s simple message to the people around the globe is to switch off their lights not only for an hour - from 8.30 pm - 9.30pm , but go beyond the hour and make long-term changes to their energy usage.
I urge each one of you to sustain your commitment and responsible actions not for an hour but to go beyond the hour and commit to a personal action to benefit the environment and be a part of the solution.
As informed citizens, let us make this campaign successful by switching off our lights at least for an hour from 8.30 pm - 9.30 pm on Saturday 31st March, 2012.
Let us heal the planet together.
Regards
Raghav Sharma
Make one good habit and make our home beautiful….
That is our Earth……
Like every year this year too Earth Hour is going to be celebrated on the last Saturday of March. This year it will be celebrated on Saturday 31st March, 2012.
As environment conscious citizens we are all aware of an important environment concern-Global Warming, which is leading the world towards Climate Change. Earth Hour is a WWF initiative symbolising the collective power of individuals, businesses and Governments to reduce our impact on this planet. Launched in 2007 in Australia, Earth Hour is the largest Environment Campaign grown to millions of people in over 5000 cities across 135 countries.
Earth Hour’s simple message to the people around the globe is to switch off their lights not only for an hour - from 8.30 pm - 9.30pm , but go beyond the hour and make long-term changes to their energy usage.
I urge each one of you to sustain your commitment and responsible actions not for an hour but to go beyond the hour and commit to a personal action to benefit the environment and be a part of the solution.
As informed citizens, let us make this campaign successful by switching off our lights at least for an hour from 8.30 pm - 9.30 pm on Saturday 31st March, 2012.
Let us heal the planet together.
Regards
Raghav Sharma
Thursday, 1 March 2012
Saturday, 18 February 2012
Things Next Generation Might Never Know About
That is funny, I was just thinking about that the world is changing so fast and here is the list of Things Next Generation Might Never Know About
- Inserting a VHS tape into a VCR to watch a movie or to record something.
- 3-D movies meaning red-and-green glasses.
- Wires. OK, so they’re not gone yet, but it won’t be long
- 5- and 3-inch floppies, Zip Discs and countless other forms of data storage.
- DOS
- Counting in kilobytes.
- Turning a PlayStation on its end to try and get a game to load.
- Joysticks.
- Having to delete something to make room on your hard drive.
- Booting your computer off of a floppy disk.
- Typewriters
- Putting film in your camera
- Sending that film away to be processed.
- Having physical prints of photographs come back to you..
- Rotary-dial telephones.
- Remembering someone’s phone number.
- Finding books in a card catalog at the library.
- Cash.
- Libraries as a place to get books rather than a place to use the internet.
Raghav Sharma
DELIGHT
DELHI,INDIA
DELIGHT
DELHI,INDIA
Contrary Proverbs
- All goods things come to those who wait BUT Time and tide wait for none.
- The Pen is Mightier than the sword But Actions speak louder than words.
- Wise men think alike BUT Fools seldom differs.
- The best things in life are free BUT There's no such thing as a free lunch.
- Slow and steady wins the race BUT Time waits for none.
- Look before you leap BUT Strike while the iron is hot.
- Do it well.or not at all BUT Half a loaf is better than none.
- Birds of feather flock together BUT Opposites Attract.
- Don't cross you bridges before you come to them BUT Forewarned is forearmed.
- Doubt is the beginning of wisdom BUT Faith will move the mountains.
- Great starts make good finishes BUT It isn't over till it's over.
Tuesday, 14 February 2012
GOD IS GREAT:Short story: Shared(Internet)
Me: God, can I ask You a question?
God: Sure
Me: Promise You won't get mad
... ... ... ...
God: I promise
Me: Why did You let so much stuff happen to me today?
God: What do u mean?
Me: Well, I woke up late
God: Yes
Me: My car took forever to start
God: Okay
Me: at lunch they made my sandwich wrong & I had to wait
God: Huummm
Me: On the way home, my phone went DEAD, just as I picked up a call
God: All right
Me: And on top of it all off, when I got home ~I just want to soak my feet in my new foot massager & relax. BUT it wouldn't work!!! Nothing went right today! Why did You do that?
God: Let me see, the death angel was at your bed this morning & I had to send one
of My Angels to battle him for your life. I let you sleep through that
Me (humbled): OH
GOD: I didn't let your car start because there was a drunk driver on your route that would have hit you if you were on the road.
Me: (ashamed)
God: The first person who made your sandwich today was sick & I didn't want you to catch what they have, I knew you couldn't afford to miss work.
Me (embarrassed):Okay
God: Your phone went dead bcuz the person that was calling was going to give false witness about what you said on that call, I didn't even let you talk to them so you would be covered.
Me (softly): I see God
God: Oh and that foot massager, it had a shortage that was going to throw out all of the power in your house tonight. I didn't think you wanted to be in the dark.
Me: I'm Sorry God
God: Don't be sorry, just learn to Trust Me.... in All things , the Good & the bad.
Me: I will trust You.
God: And don't doubt that My plan for your day is Always Better than your plan.
Me: I won't God. And let me just tell you God, Thank You for Everything today.
God: You're welcome child. It was just another day being your God and I Love looking after My Children...
God: Sure
Me: Promise You won't get mad
... ... ... ...
God: I promise
Me: Why did You let so much stuff happen to me today?
God: What do u mean?
Me: Well, I woke up late
God: Yes
Me: My car took forever to start
God: Okay
Me: at lunch they made my sandwich wrong & I had to wait
God: Huummm
Me: On the way home, my phone went DEAD, just as I picked up a call
God: All right
Me: And on top of it all off, when I got home ~I just want to soak my feet in my new foot massager & relax. BUT it wouldn't work!!! Nothing went right today! Why did You do that?
God: Let me see, the death angel was at your bed this morning & I had to send one
of My Angels to battle him for your life. I let you sleep through that
Me (humbled): OH
GOD: I didn't let your car start because there was a drunk driver on your route that would have hit you if you were on the road.
Me: (ashamed)
God: The first person who made your sandwich today was sick & I didn't want you to catch what they have, I knew you couldn't afford to miss work.
Me (embarrassed):Okay
God: Your phone went dead bcuz the person that was calling was going to give false witness about what you said on that call, I didn't even let you talk to them so you would be covered.
Me (softly): I see God
God: Oh and that foot massager, it had a shortage that was going to throw out all of the power in your house tonight. I didn't think you wanted to be in the dark.
Me: I'm Sorry God
God: Don't be sorry, just learn to Trust Me.... in All things , the Good & the bad.
Me: I will trust You.
God: And don't doubt that My plan for your day is Always Better than your plan.
Me: I won't God. And let me just tell you God, Thank You for Everything today.
God: You're welcome child. It was just another day being your God and I Love looking after My Children...
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