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Wednesday, 22 November 2017

Airtel.........All Air No Tell

After seeing the advertisements of the Airtel service, I decided to add an additional line to my desktop. Procured a dongle from the local store. 


Paid Upfront. All was well until the Dongle was installed. The techie who installed showed me the signal strength which was good to surf the net.
I was Happy that I had a backup in place, should my main line go down.
The next day when I started the Dongle, while the lights flickered, the pages weren't opening although the dongle was connected to my PC. I disconnected and started the old line and everything was normal.

I descended onto the store and explained my status.
The entire team visited my residence and tried whatever knowledge they had on the subject. Finally they raised a request with your Head Office and a Senior Technician arrived at my residence. He on his Handphone had an App installed, and moved in all directions in my residence and finally informed me that he will report to hiss senior who had sent him, and revert.
Meanwhile every second day I kept getting calls asking me to Pay.

PAY FOR WHAT. FOR A SERVICE I NEVER RECEIVED

They kept saying you have used so much data etc, when from Day 1 my Dongle is dead. To this I can only say find Better ways to Cheat the Gullible
So please cancel my connection and take back your Dongle and hang it where it should be and refund the amount paid till date.

Thursday, 9 November 2017

Let the Money not spent in the year be deposited in the Citizens Accounts


When the Law states that 85% of the Income should be spent to be exempt from Tax
(The income of the trust gets exempted from the Income tax subject to following conditions mentioned u/s 11&12: i. The trust shall expend 85% of the total donation received by it during the year in a year in which it has been received. If the 85% of the total receipts is spent for its purpose then rest of the 15% will not be treated as Income and thus it will be Exempt from the Tax. ii. Trust can claim exemption even when it has not spent 85% of its income. If it sets apart the residual amount for the specific objects of the trust and passes a resolution to spend it in next 5 years. However the Copy of the resolution along with form No.10 shall be sent to the Assessing Officer before time specified u/s 139(1). To claim the deduction of set apart amount the set apart amount shall be invested only in the securities Specified u/s 11(5) of the Act and within the prescribed time limit and in prescribed manner.)

Then why is the BMC holding on to the Cash Pile without being penalised by the same Law        


The Municipal corporation, known more for its inept and poor service delivery, and largely responsible for the city's decrepit condition, is sitting on a cash pile currently worth an eye-popping Rs 61,510 crore.
 

The Brihanmumbai Municipal Corporation (BMC) has parked this humungous stash in fixed deposits in 31 banks (including four private ones) as of January 31, 2017. The annual interest itself works out to over Rs 4,500 crore, given the average interest rate of 7.41%.

 

If the civic administration were to equally distribute this amount among the 12 million people living under its jurisdiction, each resident will receive Rs 51,250.

 

TOI has ferreted out this data from the municipal finance department to give a perspective about the BMC's phenomenal wealth at a time when civic services have deteriorated and civic infrastructure i s crumbling due to inefficiency and corruption. This is also why political parties are so desperate to control the cash-rich corporation.