Just saying
one can be at the right place but its only with very hard work that it becomes - right place, right time!......Cheers
Mom and Dad Marriage day
To day is a wonderful day in our family as this day on 1972 my parents got together and wish them a wonderful years to go with wealth, health, happiness and everything for living happly, Baba bless them.
Festival Greetings
Celebrate the victory of the forces of Good over Evil. Let’s celebrate an auspicious day to begin new things in life…. Happy Dasara
Dasara Wishes
May this Dasara light up for you. The hopes of happy times and dreams for a year full of smiles! Wish you Happy Dasara.
Hyderabad Political View
Now a days it is becoming more difficult to live in Hyderabad, useless people say seperate state telangana, all political parties stunt is this and they are destroying the public transport, etc... Foolish people try to destroy the properties of Political leaders and there members one's not the public property.
Weekend
Weekends don't count unless you spend them doing something completely pointless. So enjoy to max. Cheers
Festival
ఈరోజు వర లక్ష్మి వ్రతం అందురు మంచిగా చేసుకోవాలి అని ఆ దేముడునీ ప్రదిస్తాను - ఎంజాయ్ చింది ఆంధ్ర మహిళలు
Independence Day
“If there is a place on the surface of the earth where all dreams of living human's have found homes from the earliest days when human began to dream of existence, it is India!” Wishing for Democratic Front India to come in force. Happy Independence Day to all my fellow Indians.........Proud to be Indian.
Smile Quote
Sometimes your joy is the source of your smile, but sometimes your smile can be the source of your joy. Cheers
Why ISO 9001 ?
It’s taken hardly 15 years for ISO 9001 to succeed over several standards for system control on the world market. In marketing terms it has become the most well known standard and also the most used. Over 1,000,000 certificates have been issued around the world. What’s behind this success? Probably a certain simplicity and universalness: also its accessibility for medium and small firms, and certainly its applicability for various fields of business in the area of products and services.
Dad's Health
Today when doctor has said that he (My Dad) is all right no health problem, that movement I was so happy. Thanks to SAI BABA for his gracious blessing to my fahter. Love you Dad
Laila the Cyclone
Oh now we also started to name Cyclone - first name is Laila named on 19-05-2010. hope this Laila do not creat a havoc in the coastal areas and get settled the sooner. Just in advice for the people in those area where there is a panic of Laila - Coordinate with the rescue team and save your life than the property.
Movie Review
Rana's first movie he has proved his excellence in acting in Leader. I feel a new leader is born in film indusrty. He has proved his acting. Director Shekar has to improve his direction level.
Recommandation: A good hero acted movie.
Recommandation: A good hero acted movie.
Movie Review
Rambabu Gadi Pallam is really a boring and trash movie. We cannot go with our family members to watch this movie such as vulgur movies is this.
Recommandation not to watch this movie
Recommandation not to watch this movie
India's Prudent Budget - The country is aiming for growth with fiscal discipline.
India has weathered the slowdown and is back on track for growth, targeting double-digit GDP increases, according to Indian finance minister Pranab Mukherjee, who presented the country's much-awaited federal budget for the fiscal year 2010-2011 in Parliament Friday.
The rebounding economy has set the stage for a calibrated withdrawal of the stimulus measures introduced when it was faltering. Signaling that putting the fiscal house in order is among the government's top priorities, Mukherjee said, "We need to review the stimulus and move back towards fiscal consolidation."
Spelling out the timeline and targets for the process, he said that the government is committed to reining in the country's ballooning fiscal deficit, which stands at an estimated 6.9% of GDP. It will be reduced to 5.5% in the next fiscal year, reaching a more prudent level of 4.1% of GDP by 2013.
"Nobody was expecting a big-bang budget," said Manisha Girotra, chief executive of UBS India. "Overall, it's a positive budget focused on growth with fiscal responsibility."
Added Fortis Healthcare Chief Executive Malvinder Singh: "It's the right approach. This budget addresses the three big items: growth, the fiscal deficit and social equity."
India's GDP growth, which had at one point fallen to 5.8% from an earlier high of 9%, is expected to climb to over 7% despite a monsoon that dampened agricultural output, sending food prices rocketing. But the economy was buoyed by exports, which started rising from November after declining for the previous year, as well as a surge in manufacturing, which jumped 18% in December.
The rebounding economy has set the stage for a calibrated withdrawal of the stimulus measures introduced when it was faltering. Signaling that putting the fiscal house in order is among the government's top priorities, Mukherjee said, "We need to review the stimulus and move back towards fiscal consolidation."
Spelling out the timeline and targets for the process, he said that the government is committed to reining in the country's ballooning fiscal deficit, which stands at an estimated 6.9% of GDP. It will be reduced to 5.5% in the next fiscal year, reaching a more prudent level of 4.1% of GDP by 2013.
"Nobody was expecting a big-bang budget," said Manisha Girotra, chief executive of UBS India. "Overall, it's a positive budget focused on growth with fiscal responsibility."
Added Fortis Healthcare Chief Executive Malvinder Singh: "It's the right approach. This budget addresses the three big items: growth, the fiscal deficit and social equity."
India's GDP growth, which had at one point fallen to 5.8% from an earlier high of 9%, is expected to climb to over 7% despite a monsoon that dampened agricultural output, sending food prices rocketing. But the economy was buoyed by exports, which started rising from November after declining for the previous year, as well as a surge in manufacturing, which jumped 18% in December.
Highlights of Budget 2010
Highlights of Budget 2010
FM prunes tax rates:
Income up to Rs 1.6 lakh - nil Income above Rs 1.6 lakh and up to Rs 5 lakh - 10 per cent
Income above Rs 5 lakh and up to Rs 8 lakh - 20 per cent
Income above Rs 8 lakh - 30 per cent.
1. Income Tax department ready with two-page Saral-2 return forms for individual salaried assesses.
2. New tax rates would offer relief to 60 per cent of tax-payers.
3. Surchage on Corporates revised to 7.5% From existing 10%
4. Mat increased to 18% from 15%
5. Excise revised to 10% from 8%.
6. 20000 additional deduction on infrastructure bonds.
7. Tax Audit for professionals limit revised to 15 Lac from 10 lac.
8. Petrol Diesel Price go up by re. 1.
10. Government's net borrowing to be Rs 3,45,010 crore for 2010-11.
11. Additional deduction of Rs 20,000 allowed on long term infrastructure bonds for income tax payers; this is above Rs one lakh on saving instruments allowed already.
12. A unique identity symbol would be provided to the Indian Rupee in line with US Dollar, British Pound Sterling, Euro and Japanese Yen.
13. Fiscal deficit seen at 4.8 per cent and 4.1 per cent in 2011-12 and 2012-13 respectively.
14. Total expenditure pegged at Rs 11.8 lakh crore, an increase of 8.6 per cent.
15. Gross tax receipts pegged at Rs 7,46,656 crore for 2010-11, non-tax revenues at Rs 1,48,118 crore.
16. FM appeals to "misguided elements" (left wing extremists) to eschew violence and join the mainstream.
17. Planning Commission to prepare integrated action plan for Naxal-affected areas.
18. Defence allocation pegged at Rs 1,47,344 crore in 2010-11 against Rs 1,41,703 crore in the previous year. Of this, capital expenditure would account for Rs 60,000 crore.
19. Fiscal deficit pegged at 6.9 per cent in 2009-10 as against 7.8 per cent in the previous fiscal.
20. Finance Minister to continue giving cash subsidy for fuel and fertiliser instead of previous practice of bonds.
21. Non-plan expenditure pegged at Rs 37,392 crore and Plan expenditure at Rs 7,35,657 crore in budget estimates. 15 per cent increase in plan expenditure and six per cent in non-plan expenditure.
22. Rs 1,900 crore allocated for Unique Identification Authority of India.
23. Rs 1,73,552 crore provided for infrastructure.
24. Need to take firm view on opening up of the retail.
25. Government committed to ensure continued growth of Special Economic Zones development.
26. Repayment of loan by farmers extended by six months to June 30, 2010 in view of drought and floods in some part of the country.
27. One-time grant of Rs 200 crore provided to Tirupur textile cluster in Tamil Nadu.
28. Allocation for new and renewable energy ministry.
29. Clean Energy Fund to be created for research in new energy sources.
30. Rs 500 crore allocated for solar and hydro projects for Ladakh region.
31. Alternative port to be developed at Sagar Island in West Bengal.
32. Allocation for National Ganga River Basin Authority doubled to Rs 500 crore.
33. Government for competitive bidding for coal blocks for captive power plants.
34. Mega power plant policy modified to lower cost of generation; allocation to power sector more than doubled to Rs 5,130 crore in 2010-11.
35. Government proposes to set Coal Development Regulatory Authority.
36. Propose to maintain thrust of upgrading infrastructure in rural and urban areas. IIFCL authorised to refinance infrastructure projects.
37. Interest subvention for timely repayment of crop loans raised from one per cent to two per cent, bringing the effective rate of interest to five per cent.
38. Bottleneck of public delivery mechanism can hold us back.
39. Rs 200 crore provided for climate resilient agriculture initiative.
40. Government to provide Rs 16,500 crore to public sector banks to maintain tier-I capital.
41. Allocation for women and child development hiked by 80 per cent.
42. Government decides to set up National Social Security
43. Fund with initial allocation of Rs 1000 crore to provide social security to workers in unorganised sector.
44. Rs 1,270 crore provided for slum development programme, marking an increase of 700 per cent.
45. Allocation for development of micro and small scale sector raised from Rs 1,794 crore to Rs 2,400 crore.
46. One per cent interest subvention loan for houses costing up to Rs 20 lakh extended to March 31, 2011; Rs 700 crore provided.
47. 25 per cent of plan outlay earmarked for rural infrastructure development
48. Road transport allocation raised by 13 per cent to Rs 19,894 crore, says FM.
49. Allocation for urban development increased by 75 per cent to Rs 5,400 crore in 2010-11.
50. Indira Awas Yojana scheme's unit cost raised to Rs 45,000 in plain area and Rs 48,500 in hilly areas.
51. Allocation for NREGA stepped up to Rs 40,100 crore in 2010-11.
52. For rural development, Rs 66,100 crore have been allocated.
53. Plan allocation for health and family welfare increased to Rs 22,300 crore from Rs 19,534 crore.
54. Plan allocation for school education raised from Rs 26,800 crore to Rs 31,036 crore in 2010-11.
55. Deficit in foodgrains storage capacity to be met by private sector participation.
56. Exclusive skill development programme to be launched for textile and garment sector employees.
57. Plan allocation for Ministry of Minority Affairs raised from Rs 1,740 crore to Rs 2,600 crore.
58. Plan outlay for Ministry of Social Justice raised by 80 per cent to Rs 4,500 crore.
59. Government to contribute Rs 1,000 per year to each account holder
60. Finance Minister says Government hopes to implement direct tax code from April 2011.
61. Kirit Parekh report on fuel price deregulation will be taken up by Oil Minister Murli Deora in due course.
62. Government has decided to set up apex-level Financial Stability and Development Council.
63. FDI inflows steady during the year. Government has taken series of steps to simplify FDI regime
64. Market capitalisation of five PSUs listed since October increased by 3.5 times.
65. Nutrient based fertiliser subsidy scheme to come into force from April 1, 2010.
66. Nutrient based fertiliser subsidy scheme to come into force from April 1, 2010.
67. Earnest endeavour to implement General Sales Tax in April 2011.
68. Status paper on public debt within six months.
69. Government will raise Rs 25,000 crore from disinvestment of its stake in state-owned firms.
70. Government to provide Rs 300 crore to organise 60,000 pulse and oilseed villages and provide integrated intervention of watershed and related programme.
71. Government to continue interest subvention of 2 per cent for one more year for exports covering handicrafts, carpets, handlooms and small and medium enterprises.
72. Government intends to make FDI policy user friendly by compling all guidelines into one document.
73. RBI considering some additional banking licenses to private companies, NBFC will also be considered if they meet criteria.
74. Export in January encouraging.
75. Need to review the public spending and mobilize resources.
76. FM stresses on the need to make growth more broad-based.
77. Need to ensure that the demand-supply imbalance is managed.
78. Need to review stimulus imparted to economy.
79. Government conscious of the situation of price rise and taking steps to tackle it.
80. Erratic monsoon and drought-like conditions forced supply side bottleneck that fuelled inflation.
81. Double digit food inflation last year due to bad monsoon and drought-like conditions.
82. Figures for merchandise exports for January encouraging after turnaround in November and December last.
83. Govt to raise Rs 25,000 cr this year to meet cap expenditure requirements
84. GST and DTC can be introduced in April 2011
85. Direct tax code will be implemented April 1, 2011
86. Final figure may be higher if earnings in last quarters are strong
87. 18.9% growth rate in manufacturing sector in 2009
88. Concerned over emergence of double digit food inflation
89. Export figures encouraging; pvt investments can be expected
90. Double digit food inflation in 2009
91. Need to review stimulus, move to fiscal consolidation
92. Signs of food inflation going to non-food items
93. Steps to reduce public debt, paper to be presented in 6 months
94. 1st challenge: quickly revert to higher GDP growth path of 9%, cross double digit growth
95. 2nd challnge: harden economic growth to make dev more inclusive
96. 3rd challenge: relates to problems in government system
97. Focus shifts to non-governmental actors
98. Uncertainity was there on account of delay in monsoon, concerns about production and food prices.
FM prunes tax rates:
Income up to Rs 1.6 lakh - nil Income above Rs 1.6 lakh and up to Rs 5 lakh - 10 per cent
Income above Rs 5 lakh and up to Rs 8 lakh - 20 per cent
Income above Rs 8 lakh - 30 per cent.
1. Income Tax department ready with two-page Saral-2 return forms for individual salaried assesses.
2. New tax rates would offer relief to 60 per cent of tax-payers.
3. Surchage on Corporates revised to 7.5% From existing 10%
4. Mat increased to 18% from 15%
5. Excise revised to 10% from 8%.
6. 20000 additional deduction on infrastructure bonds.
7. Tax Audit for professionals limit revised to 15 Lac from 10 lac.
8. Petrol Diesel Price go up by re. 1.
10. Government's net borrowing to be Rs 3,45,010 crore for 2010-11.
11. Additional deduction of Rs 20,000 allowed on long term infrastructure bonds for income tax payers; this is above Rs one lakh on saving instruments allowed already.
12. A unique identity symbol would be provided to the Indian Rupee in line with US Dollar, British Pound Sterling, Euro and Japanese Yen.
13. Fiscal deficit seen at 4.8 per cent and 4.1 per cent in 2011-12 and 2012-13 respectively.
14. Total expenditure pegged at Rs 11.8 lakh crore, an increase of 8.6 per cent.
15. Gross tax receipts pegged at Rs 7,46,656 crore for 2010-11, non-tax revenues at Rs 1,48,118 crore.
16. FM appeals to "misguided elements" (left wing extremists) to eschew violence and join the mainstream.
17. Planning Commission to prepare integrated action plan for Naxal-affected areas.
18. Defence allocation pegged at Rs 1,47,344 crore in 2010-11 against Rs 1,41,703 crore in the previous year. Of this, capital expenditure would account for Rs 60,000 crore.
19. Fiscal deficit pegged at 6.9 per cent in 2009-10 as against 7.8 per cent in the previous fiscal.
20. Finance Minister to continue giving cash subsidy for fuel and fertiliser instead of previous practice of bonds.
21. Non-plan expenditure pegged at Rs 37,392 crore and Plan expenditure at Rs 7,35,657 crore in budget estimates. 15 per cent increase in plan expenditure and six per cent in non-plan expenditure.
22. Rs 1,900 crore allocated for Unique Identification Authority of India.
23. Rs 1,73,552 crore provided for infrastructure.
24. Need to take firm view on opening up of the retail.
25. Government committed to ensure continued growth of Special Economic Zones development.
26. Repayment of loan by farmers extended by six months to June 30, 2010 in view of drought and floods in some part of the country.
27. One-time grant of Rs 200 crore provided to Tirupur textile cluster in Tamil Nadu.
28. Allocation for new and renewable energy ministry.
29. Clean Energy Fund to be created for research in new energy sources.
30. Rs 500 crore allocated for solar and hydro projects for Ladakh region.
31. Alternative port to be developed at Sagar Island in West Bengal.
32. Allocation for National Ganga River Basin Authority doubled to Rs 500 crore.
33. Government for competitive bidding for coal blocks for captive power plants.
34. Mega power plant policy modified to lower cost of generation; allocation to power sector more than doubled to Rs 5,130 crore in 2010-11.
35. Government proposes to set Coal Development Regulatory Authority.
36. Propose to maintain thrust of upgrading infrastructure in rural and urban areas. IIFCL authorised to refinance infrastructure projects.
37. Interest subvention for timely repayment of crop loans raised from one per cent to two per cent, bringing the effective rate of interest to five per cent.
38. Bottleneck of public delivery mechanism can hold us back.
39. Rs 200 crore provided for climate resilient agriculture initiative.
40. Government to provide Rs 16,500 crore to public sector banks to maintain tier-I capital.
41. Allocation for women and child development hiked by 80 per cent.
42. Government decides to set up National Social Security
43. Fund with initial allocation of Rs 1000 crore to provide social security to workers in unorganised sector.
44. Rs 1,270 crore provided for slum development programme, marking an increase of 700 per cent.
45. Allocation for development of micro and small scale sector raised from Rs 1,794 crore to Rs 2,400 crore.
46. One per cent interest subvention loan for houses costing up to Rs 20 lakh extended to March 31, 2011; Rs 700 crore provided.
47. 25 per cent of plan outlay earmarked for rural infrastructure development
48. Road transport allocation raised by 13 per cent to Rs 19,894 crore, says FM.
49. Allocation for urban development increased by 75 per cent to Rs 5,400 crore in 2010-11.
50. Indira Awas Yojana scheme's unit cost raised to Rs 45,000 in plain area and Rs 48,500 in hilly areas.
51. Allocation for NREGA stepped up to Rs 40,100 crore in 2010-11.
52. For rural development, Rs 66,100 crore have been allocated.
53. Plan allocation for health and family welfare increased to Rs 22,300 crore from Rs 19,534 crore.
54. Plan allocation for school education raised from Rs 26,800 crore to Rs 31,036 crore in 2010-11.
55. Deficit in foodgrains storage capacity to be met by private sector participation.
56. Exclusive skill development programme to be launched for textile and garment sector employees.
57. Plan allocation for Ministry of Minority Affairs raised from Rs 1,740 crore to Rs 2,600 crore.
58. Plan outlay for Ministry of Social Justice raised by 80 per cent to Rs 4,500 crore.
59. Government to contribute Rs 1,000 per year to each account holder
60. Finance Minister says Government hopes to implement direct tax code from April 2011.
61. Kirit Parekh report on fuel price deregulation will be taken up by Oil Minister Murli Deora in due course.
62. Government has decided to set up apex-level Financial Stability and Development Council.
63. FDI inflows steady during the year. Government has taken series of steps to simplify FDI regime
64. Market capitalisation of five PSUs listed since October increased by 3.5 times.
65. Nutrient based fertiliser subsidy scheme to come into force from April 1, 2010.
66. Nutrient based fertiliser subsidy scheme to come into force from April 1, 2010.
67. Earnest endeavour to implement General Sales Tax in April 2011.
68. Status paper on public debt within six months.
69. Government will raise Rs 25,000 crore from disinvestment of its stake in state-owned firms.
70. Government to provide Rs 300 crore to organise 60,000 pulse and oilseed villages and provide integrated intervention of watershed and related programme.
71. Government to continue interest subvention of 2 per cent for one more year for exports covering handicrafts, carpets, handlooms and small and medium enterprises.
72. Government intends to make FDI policy user friendly by compling all guidelines into one document.
73. RBI considering some additional banking licenses to private companies, NBFC will also be considered if they meet criteria.
74. Export in January encouraging.
75. Need to review the public spending and mobilize resources.
76. FM stresses on the need to make growth more broad-based.
77. Need to ensure that the demand-supply imbalance is managed.
78. Need to review stimulus imparted to economy.
79. Government conscious of the situation of price rise and taking steps to tackle it.
80. Erratic monsoon and drought-like conditions forced supply side bottleneck that fuelled inflation.
81. Double digit food inflation last year due to bad monsoon and drought-like conditions.
82. Figures for merchandise exports for January encouraging after turnaround in November and December last.
83. Govt to raise Rs 25,000 cr this year to meet cap expenditure requirements
84. GST and DTC can be introduced in April 2011
85. Direct tax code will be implemented April 1, 2011
86. Final figure may be higher if earnings in last quarters are strong
87. 18.9% growth rate in manufacturing sector in 2009
88. Concerned over emergence of double digit food inflation
89. Export figures encouraging; pvt investments can be expected
90. Double digit food inflation in 2009
91. Need to review stimulus, move to fiscal consolidation
92. Signs of food inflation going to non-food items
93. Steps to reduce public debt, paper to be presented in 6 months
94. 1st challenge: quickly revert to higher GDP growth path of 9%, cross double digit growth
95. 2nd challnge: harden economic growth to make dev more inclusive
96. 3rd challenge: relates to problems in government system
97. Focus shifts to non-governmental actors
98. Uncertainity was there on account of delay in monsoon, concerns about production and food prices.
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It’s taken hardly 15 years for ISO 9001 to succeed over several standards for system control on the world market. In marketing terms it has ...
-
Now a days it is becoming more difficult to live in Hyderabad, useless people say seperate state telangana, all political parties stunt is t...
-
An American asked Indian child How old are you Child replied Ghar pr 11 School me 12 Bus me 10 Train me 07 FB pe 18!!!!!!!!!! Amer...
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Neeva Song
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Bijli aur maut ka kya bharosa, kab aa jaye'
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May this Dasara light up for you. The hopes of happy times and dreams for a year full of smiles! Wish you Happy Dasara.
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Sometimes your joy is the source of your smile, but sometimes your smile can be the source of your joy. Cheers
