Dear Friends,
I see that some people are just posting irrelevant comments on some of the posts. The content of the post and the comment are no way related. It is a sincere request to those people to refrain from doing so.
If this continues, I will have to delete those irrelevant comments.
Thank you for your co-operation and understanding.
Regards
Srinath
Sunday, September 12, 2010
Nothing about money! It is all about Traffic.
Haha,
You thought it is to do with website traffic generation? Due apologies.
Just read some real, unfortunate but at the same time funny situation with Bangalore (people have the love of keeping on changing names - it helps printers, publishers, ...... to make some money if their business is dull - Bangalore is now Bengaluru).
Read it here: All About Traffic In Bangalore
You thought it is to do with website traffic generation? Due apologies.
Just read some real, unfortunate but at the same time funny situation with Bangalore (people have the love of keeping on changing names - it helps printers, publishers, ...... to make some money if their business is dull - Bangalore is now Bengaluru).
Read it here: All About Traffic In Bangalore
Monday, August 23, 2010
Interesting pointers on Income Tax - filing of it returns
All are equal but some are more equal. We have all heard this before right?
Here is something that goes to prove that!
If you are an employee, the employer does a deduction of tax at source (TDS) and pays it to the Income tax department. At the end of the financial year, the employee is supposed to get a statement (Form 16) from the employer with all the details of the salaries paid and the taxes deducted and paid to the income tax department.
There are employers who do the TDS and may not have paid all the deductions to the IT department. They must pay all of it before 31st march and then only they can give the form 16 to the employees. The employees will file their income tax returns with the IT department by 31st July.
What happens in the case where employer has not given the form 16 to the employee? Here are couple of scenarios, I am sure you won't like it.
Employee files the IT returns with the IT department based on his/her knowledge and if the tax calculations show that the employer has not paid the TDS to the IT department, the employee will have to pay that though the employer has already deducted the tax (but not paid to the government). The government does has to get its does - does not matter if the employer has defaulted, the employee has to even pay interest on the tax that should have been paid but not paid. How wonderful. On one end, an employer who gets away scotch free in spite of not adhering to the rules and regulations and on the other hand, you have the employee who has to practically pay up taxes again!
What are the options?
1. The employee finds out online how much tax has been credited into his account (there is an online facility by the IT department) and calculates the taxes with the help of an auditor, finds out if there is a short payment by the employer (yes, the employer has deducted at source) and pays up and files the returns.
2. The employee gets the employer to pay him/her the tax amount deducted but not paid to the IT department and pays it to the IT department directly and files the returns.
Let me have your thoughts!
Here is something that goes to prove that!
If you are an employee, the employer does a deduction of tax at source (TDS) and pays it to the Income tax department. At the end of the financial year, the employee is supposed to get a statement (Form 16) from the employer with all the details of the salaries paid and the taxes deducted and paid to the income tax department.
There are employers who do the TDS and may not have paid all the deductions to the IT department. They must pay all of it before 31st march and then only they can give the form 16 to the employees. The employees will file their income tax returns with the IT department by 31st July.
What happens in the case where employer has not given the form 16 to the employee? Here are couple of scenarios, I am sure you won't like it.
Employee files the IT returns with the IT department based on his/her knowledge and if the tax calculations show that the employer has not paid the TDS to the IT department, the employee will have to pay that though the employer has already deducted the tax (but not paid to the government). The government does has to get its does - does not matter if the employer has defaulted, the employee has to even pay interest on the tax that should have been paid but not paid. How wonderful. On one end, an employer who gets away scotch free in spite of not adhering to the rules and regulations and on the other hand, you have the employee who has to practically pay up taxes again!
What are the options?
1. The employee finds out online how much tax has been credited into his account (there is an online facility by the IT department) and calculates the taxes with the help of an auditor, finds out if there is a short payment by the employer (yes, the employer has deducted at source) and pays up and files the returns.
2. The employee gets the employer to pay him/her the tax amount deducted but not paid to the IT department and pays it to the IT department directly and files the returns.
Let me have your thoughts!
Labels:
form 16,
income tax,
it returns,
tax deducted at source,
TDS
Friday, August 13, 2010
Worst shopping experience in Total Mall - Mysore Road
I should have posted this quite some time ago, being the lazy guy I am, it took time.
A few weeks ago, I visited Total Mall on Mysore Road (quite close to the flyover that takes you to Bangalore city corporation).
It was a weekday. I hate going to malls on weekends. The malls are crowded, noisy, stifling and long queues at the billing counter. You can finish your shopping in 15-20 minutes and wait for may be another 15-20 minutes at the billing counter, worst still, it can take you more than 30 minutes to get out of the billing counter.
First and foremost, the A/Cs were off. You know what happens when there is no air conditioning in a closed environment. The air was stuffy, odd smell and obviously people were sweating. The way they have arranged the racks is totally absurd. You have to move from one end to the other end to find an item. At the billing counter, it took me more than 45 minutes. Why is that? There were only few counters that were open and they had long winding queues!
I strongly suggest, never ever visit Total mall. Such a waste of time and unpleasant and rude people.
A few weeks ago, I visited Total Mall on Mysore Road (quite close to the flyover that takes you to Bangalore city corporation).
It was a weekday. I hate going to malls on weekends. The malls are crowded, noisy, stifling and long queues at the billing counter. You can finish your shopping in 15-20 minutes and wait for may be another 15-20 minutes at the billing counter, worst still, it can take you more than 30 minutes to get out of the billing counter.
First and foremost, the A/Cs were off. You know what happens when there is no air conditioning in a closed environment. The air was stuffy, odd smell and obviously people were sweating. The way they have arranged the racks is totally absurd. You have to move from one end to the other end to find an item. At the billing counter, it took me more than 45 minutes. Why is that? There were only few counters that were open and they had long winding queues!
I strongly suggest, never ever visit Total mall. Such a waste of time and unpleasant and rude people.
Wednesday, August 4, 2010
Jumping the line in Hospitals and Diagnostic Centres Too!
I had to get some tests done for one of my family members. I went to a very popular and reputed diagnostics center on Rajkumar road in Rajajinagar (Bangalore west).
The diagnostics center is a fairly well organized and we are sort of regulars for any laboratory tests that need to be done irrespective of which doctor, specialist recommends the tests.
Today, should have been no different! But it was a different experience.
In the billing section, usually, there used to be 3-4 people attending to the customers/patients. Today, there were only 2 of them. The billing took some time.
After the billing, the counter where they take the blood samples used to have 2 people manning the operations. Today, there was only one!
There were many people waiting for their turn and the queue went on building up. There were old people, there were sick people, there were kids.......
As usual, the person coordinating the blood/urine samples was calling names in the order in which he/she received them, well, I thought so! We were waiting for quite sometime and out of the blue a hale and healthy man walks in, has a brief chat with the coordinator (I don't know what they call his function/role) and went ahead and gave his blood sample. This was totally out of turn!
As I said before, there were many waiting and this is totally wrong! I don't normally get upset, but I did lose my cool! I went and told the coordinator, this is not right. Don't give preferential treatment, just make sure that people are attended in order. Then, things started moving in the right manner.
Question is,
why do we put up with these kind of things everyday?
Do we have to go on fighting for what is right?
Why should there be such discrimination, even in hospitals and diagnostic centers?
I have seen this in places of worship, government offices...... you name it, it happens, every day!
I don't care if this guy thought I was rude! I meant to be rude and had to make him understand that what he was doing was wrong.
If you have had similar experiences, please share your thoughts!
Srinath
The diagnostics center is a fairly well organized and we are sort of regulars for any laboratory tests that need to be done irrespective of which doctor, specialist recommends the tests.
Today, should have been no different! But it was a different experience.
In the billing section, usually, there used to be 3-4 people attending to the customers/patients. Today, there were only 2 of them. The billing took some time.
After the billing, the counter where they take the blood samples used to have 2 people manning the operations. Today, there was only one!
There were many people waiting for their turn and the queue went on building up. There were old people, there were sick people, there were kids.......
As usual, the person coordinating the blood/urine samples was calling names in the order in which he/she received them, well, I thought so! We were waiting for quite sometime and out of the blue a hale and healthy man walks in, has a brief chat with the coordinator (I don't know what they call his function/role) and went ahead and gave his blood sample. This was totally out of turn!
As I said before, there were many waiting and this is totally wrong! I don't normally get upset, but I did lose my cool! I went and told the coordinator, this is not right. Don't give preferential treatment, just make sure that people are attended in order. Then, things started moving in the right manner.
Question is,
why do we put up with these kind of things everyday?
Do we have to go on fighting for what is right?
Why should there be such discrimination, even in hospitals and diagnostic centers?
I have seen this in places of worship, government offices...... you name it, it happens, every day!
I don't care if this guy thought I was rude! I meant to be rude and had to make him understand that what he was doing was wrong.
If you have had similar experiences, please share your thoughts!
Srinath
Tuesday, July 27, 2010
Interesting SMS I received yesterday on my mobile from CBI
We get lot of SMSs on our mobiles. Some of them are useful and most of them are junk, nothing but SPAM.
Is there anything we can do about it? Nothing! We don't have strict spam laws here in India and we have to suffer all the junk that people stuff us with.
Interestingly, I received an SMS yesterday. This post is all about it.
Guess who has sent the SMS? CBI (Central Bureau of Investigations) is the prime body in India that is an equivalent of FBI.
To the content of the SMS now. It says, please inform if any PSU (public sector unit), govt. official is demanding bribes or has huge assets disproportionate to their income. They have given the contact numbers to call and provide the information too.
In reality, how many people dare to do this? People are scared of government officials, or the babus we call them with fearful respect.
Officials asking for bribes to clear some files faster or to approve some project is one thing.
But, what about harassing the poor people in the name of umpteen number of rules which have clauses, sub-clauses, sub-clauses for sub-clauses........ and keep on doing a ping pong, making them run from pillar to post? Common man is totally under the mercy of these officials, and in many instances the person who had to get the work done is long dead and the legacy is continued by his son/daughter, and his/her son/daughter, and on and on....... Something must be done to make these things easy for the common man.
There I go off-track.
Here is the contact numbers of CBI in Bangalore for people to call and take forward their issues.
+91 80 23542144 and +91 9481606810 (cell/mobile).
Here is the link the CBI website: http://www.cbi.gov.in/index.php
Hope this helps some of the needy people.
Once again, thanks for reading my posts!
Warm Regards
Srinath
Is there anything we can do about it? Nothing! We don't have strict spam laws here in India and we have to suffer all the junk that people stuff us with.
Interestingly, I received an SMS yesterday. This post is all about it.
Guess who has sent the SMS? CBI (Central Bureau of Investigations) is the prime body in India that is an equivalent of FBI.
To the content of the SMS now. It says, please inform if any PSU (public sector unit), govt. official is demanding bribes or has huge assets disproportionate to their income. They have given the contact numbers to call and provide the information too.
In reality, how many people dare to do this? People are scared of government officials, or the babus we call them with fearful respect.
Officials asking for bribes to clear some files faster or to approve some project is one thing.
But, what about harassing the poor people in the name of umpteen number of rules which have clauses, sub-clauses, sub-clauses for sub-clauses........ and keep on doing a ping pong, making them run from pillar to post? Common man is totally under the mercy of these officials, and in many instances the person who had to get the work done is long dead and the legacy is continued by his son/daughter, and his/her son/daughter, and on and on....... Something must be done to make these things easy for the common man.
There I go off-track.
Here is the contact numbers of CBI in Bangalore for people to call and take forward their issues.
+91 80 23542144 and +91 9481606810 (cell/mobile).
Here is the link the CBI website: http://www.cbi.gov.in/index.php
Hope this helps some of the needy people.
Once again, thanks for reading my posts!
Warm Regards
Srinath
Monday, July 26, 2010
How am I driving? What a farce!
In the 70s and 80s, we used to have factory buses. These buses belonged primarily to HAL, BEL, ITI to name some of the top companies. All of these are public sector companies.
Then, in the late 80s and 90s, we could see quite a few buses and cabs from MNCs who had set up shop in Bangalore outskirts (now what do we call that, in skirts?).
The 90s and 2000s saw a great deal if increase in private buses and cabs, thanks to IT companies who setup shops in Whitefield, Electronic city, Mysore Road (Global Village) and Hebbal. These are ever increasing.
One of the interesting as well as intriguing things that one notices on these buses and cabs is the sticker on the rear glass. That says "How I am I driving" or "If the driver of this vehicle is driving rashly, please call XXXXXXXXXX number".
To all of us who are behind these killers on the road, it is a total farce and a big joke.
These companies are big, they talk a lot about social responsibility, corporate governance et al. Many of them give big time lectures, talk about how we should improve the infrastructure in Bangalore, how we should participate in helping the needy........... the list goes on.
Now, these companies have hired many private cab and bus operators to transport their employees to wok. They have stringent rules on the operators to be well within the designated time for arrival and departure irrespective of the traffic conditions, else they are penalized.
In turn the operators, penalize their drivers! Why do they want to lose money if the driver is late for whatever reason?
What will these cab and bus drivers do? They are driving within the city in all kinds of traffic conditions as if they are possessed and are about to beat the likes of Michael Schumacher, Fernando Alonso, Sebastian Vittel. Their right foot is glued to the accelerator pedal, their right hand is glued to the horn button and who cares about clutch and gear!!!! They don't get paid a great salary and add to that they are in no condition to bear the penalties! They would even go on the wrong side of the road to beat the traffic and many times create gridlocks!!!!!!
Every now and then, a child gets run over, a biker is pushed out of the street straight into hell, an old man walking by the side of the road does not seem to exist, the car in front of the cab or bus does exist ............
Who is really responsible? Any thoughts?
Then, in the late 80s and 90s, we could see quite a few buses and cabs from MNCs who had set up shop in Bangalore outskirts (now what do we call that, in skirts?).
The 90s and 2000s saw a great deal if increase in private buses and cabs, thanks to IT companies who setup shops in Whitefield, Electronic city, Mysore Road (Global Village) and Hebbal. These are ever increasing.
One of the interesting as well as intriguing things that one notices on these buses and cabs is the sticker on the rear glass. That says "How I am I driving" or "If the driver of this vehicle is driving rashly, please call XXXXXXXXXX number".
To all of us who are behind these killers on the road, it is a total farce and a big joke.
These companies are big, they talk a lot about social responsibility, corporate governance et al. Many of them give big time lectures, talk about how we should improve the infrastructure in Bangalore, how we should participate in helping the needy........... the list goes on.
Now, these companies have hired many private cab and bus operators to transport their employees to wok. They have stringent rules on the operators to be well within the designated time for arrival and departure irrespective of the traffic conditions, else they are penalized.
In turn the operators, penalize their drivers! Why do they want to lose money if the driver is late for whatever reason?
What will these cab and bus drivers do? They are driving within the city in all kinds of traffic conditions as if they are possessed and are about to beat the likes of Michael Schumacher, Fernando Alonso, Sebastian Vittel. Their right foot is glued to the accelerator pedal, their right hand is glued to the horn button and who cares about clutch and gear!!!! They don't get paid a great salary and add to that they are in no condition to bear the penalties! They would even go on the wrong side of the road to beat the traffic and many times create gridlocks!!!!!!
Every now and then, a child gets run over, a biker is pushed out of the street straight into hell, an old man walking by the side of the road does not seem to exist, the car in front of the cab or bus does exist ............
Who is really responsible? Any thoughts?
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