PRISMCEM @67 (090108) gets 1158 post result panch-tattva points and should be purchased right away for long term, however , you may sell half the bought quantity on sudden surges.
(the post result panch-tattva points for ’supremeind’ have been derived but would be given against a charge of Rs 100/- , you may contact me at 09376168780)
Friends,
Budget is round the corner. The direct tax kitty is robust. There is lobbying going on by the India Inc for wresting some concessions in the name of spurring growth. I may tell that grown is not going to be any lower at the current level of taxes and the concessions may rather not be granted but the tax rupee should be used to help the poor. It is the wealthy who have got become wealthier and therefore the tax rates should not only be maintained but the myriad concessions should be done away with for the individual tax paying class and also the corporates. Simply a flat rate beyond Rs 2 lac of income should be applicable at a certain rate of tax till the level of average income of middle class. Beyond this a higher flat rate should apply for incomes. This will leave a substantial surpus in the govt. hand which should be judiciously used as under:
The best would be to spend the extra tax income for providing fully developed housing sites to poor and disadvantaged people who may build houses according to their means and over time. This will take care of the slums and of problem of ghettoization . The expenditure for such scheme also would be not be at risk of being frittered away. The distribution should be carefully effected under control of the state head himself. The delivery of other benefits will also be easier. Only thing is to ensure that there is enough number of plots to give to every needy family. Th plot size should be between 40 square metres to 70 sue metres and the rich will have no interest in dubiously occupying these. Since it will be something that would not be disappearing over night, any wrong doing in distribution can always be corrected. The criteria of qualifying may be fixed as per the local conditions. A small rent may be from those who would not be in position to pay a nominal cost but they should retain the right to pay and be absolute owner whenever their means are enough.
Do you think the govt will ever think on these lines. If you find this OK , please spread a word around and give the thought a momentum. May I tell you that the concession for purchase of house makes it difficult for the poor to stand up to compete with the ones who get concession for the purchase of the same flat or plot. Do you see nature and effect of housing related concessions. The govt even has made the tax saving possible even for a second house. How does one reconcile with the fact of some having two houses some having none at the instance of govt..
HariOm,
krsnakhandelwal
Friends,
Pakistan is increasingly getting in to a state of ethnic strife. None other than the present head is encouraging it for this way there may be fractured mandate. The elections are due Feb 18 08 but may not be fairly held or not held at all.Whatever the outcome of the election, the vote will be against Musharraf who is committed to fight against terrorism , if not out of conviction then for the US pressure. This is also straining Gvt’s relations with the Talibans and the hardliners. Rise of democracy will see role of military reduced, which again is unreconcilable in ways to the power groups.
In the mean time India is not so much worried about border skirmishes but is worried at Pakistan’s possible disintegration and civil unrest. See what a momentary decision to divide India in 1947 has meant to those who chose to live in Pakistan. This distinguishes the tall leaders like Gandhi , Nehru and Patel from the likes of Jinnah. Simply speaking the public should always look for the capacity in leader to look in to distant future and plan for it . This could be done for the Indian nation an every one of us should pay tribute to our leaders who got us independence and also lay foundation for the progress ahead.
HariOm,
krsnaKhandelwal
