Categories
Investing

Mutual Fund Identification Number (MIN)

This is the most stupid move of the government of India. It infact is not the MIN number, but shows the Minimum intelligence of the government. Why does not the government deviate from its philosophy of SARAL, or simple?
Somebody tell me how having another number MIN checks the flow of black money into the data. For all financial transactions government should use PAN. (A single unified number which helps government keep track of taxes, income, and high value purchase/sale) Why cannot PAN be used to keep track the mutual fund investment of an individual?
Indian TAX laws, and controls are already the most complicated on this planet. Lets not make it any more complicated.

Categories
News

Burka ban by Indian jewellers

For past 50 years Indian cinema was giving lots of idea to thieves about how a person (even a male) can mask his identity using a veil. But it looks like only today Indian public realized its threat.

All India Ulama Council, has proposed a boycott of all such establishments.

Categories
Miscellaneous

What amounts to Adultery

According to Indian Law:

A person commits adultery, if he:
• Has sexual intercourse with a women who is and whom he knows or has reason to believe to be the wife of another man.
• Without the consent or connivance of the husband, and
• It does not amount to rape.
The inconsistencies of the man are punishable, but not the inconsistencies of the wife. The wife is not punishable as an abettor. It is not committed by a married man who has sexual intercourse with an unmarried woman, or with a widow, or even with a married woman whose husband consents to it.
PUNISHMENT
Whoever commits adultery shall be punished with an imprisonment which may extend to five years, or with fine, or with both. The wife as an abettor shall not be punishable.

Similarly sexual harassment, dowry, domestic violence etc. everything is written in a way that the male party is guilty while the female has the upper hand. In these cases, the female can accuse, charge and get imprisonment of any person she feel whenever she feels like. It is the onus of the male member to prove he is guilty.
So much about equality of sexes.

Categories
News

Nuclear Security In India


Coal Mines Planning and Designing India Limited (CMPDIL)
was using a Uranium based analyzer which is a potential hazard for 1.5km vicinity. For the last 5 years this hazardous unit was stored at an abandoned building at Hazaribagh which had no security and is now missing.

What I am scared about is that some unsuspecting individual might try to rip open the instrument or even worse get rid of it by burning it or burying it. I am scared about the potential contamination threat it poses for the villagers and groundwater around.

Although everyone (including Green-Peace) is more interested in finding out how Wipro recycles its keyboards. Nobody has booked a case against this public sector company for criminal negligent storage and improper disposal of hazardous material

2) Everyday I see a Traffic Police guy standing in the middle of street battling smoke from all 4 directions. He wears at max a cotton handkerchief and rarely any protection for the noise due to constant honking of automobiles.
If his employer was a private company, this same government would have slapped a hefty fine for Hazardous working conditions and sought to get compensation for the Traffic Police. But a government cannot fine another department… so nobody cares.

Due to the communist legacy, most Indians have a blind trust in governments and think that businesses are run by crooks and conman. But this is not entirely true.

A private company is regularly visited by greedy inspectors of all possible departments just to find a flaw in the establishment. I am against bribes, but this extortion enforces compliance. Inspectors and government officials can earn big bucks, and businessman works day and night to ensure that he is not in violation of the law and hence not blackmailed.

Government and public sector companies unfortunately cannot pay bribe. So nobody is interested in checking for compliance. Hence they can get away with almost anything.

Categories
Humor Quotes

Funny Quotes

“I spent 90% of my money on women and drink. The rest I wasted!”
– George Best –

“All I ask is the chance to prove that money can’t make me happy.”
– Spike Milligan. –

An archaeologist is the best husband a woman can have; the older she gets the more interested he is in her.
– Agatha Christie –

Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil!
– Golda Meir –

I met this guy who said he loved children, then I found out he was on parole for it.
– Monica Piper –

I had lunch with a chess champion the other day. I knew he was a chess champion because it took him 20 minutes to pass the salt.
– Eric Sykes –

I’ve often wanted to drown my troubles, but I can’t get my wife to go swimming.
– Jimmy Carter –

A woman tells her doctor, ‘I’ve got a bad back.’
The doctor says, ‘It’s because of old age’
The woman says, ‘Doctor, I want a second opinion.’
The doctor says: ‘Sure – you’re ugly too’
– Tommy Cooper –

It has been said that man is a rational animal. All my life I
have been searching for evidence which could support this.
– Bertrand Russell –

Bachelors should be heavily taxed. It is not fair that some
men should be happier than others.
– Oscar Wilde –

A man explained inflation to his wife thus:
‘When we married, you measured 36-24-36. Now you’re 42-42-42.
There’s more of you, but you are not worth as much.’ 😛
– Lord Barnett –

When I was born I was so surprised I didn’t talk for a year and a half.
– Gracie Allen –

Categories
Humor

idiots

A pair of Michigan robbers entered a record shop nervously waving
revolvers.
The first one shouted, “Nobody move!” When his partner moved, the startled
first bandit shot him.
/*/*/*/*/*
The young man from WV came running into the store and said to his buddy, “Bubba, somebody just stole your pickup truck from the parking lot!”

Bubba replied, “Did you see who it was?

“The young man answered, “I couldn’t tell, but I got the license number.”

Categories
Humor

8 stupidest things

True accounts of really stupid people and what they did:

1. WILL THE REAL DUMMY PLEASE STAND UP?
AT&T fired President John Walter after nine months, saying he lacked intellectual leadership. He received a $26 million severance package. Perhaps it’s not Walter who’s lacking intelligence.

2. WITH A LITTLE HELP FROM OUR FRIENDS:
Police in Oakland, California spent two hours attempting to subdue a gunman who had barricaded himself inside his home. After firing ten tear gas canisters, officers discovered that the man was standing beside them in the police line, shouting “Please come out and give yourself up.”

3. WHAT WAS PLAN B?
An Illinois man, pretending to have a gun, kidnapped a motorist and forced him to drive to two different automated teller machines, wherein the kidnapper proceeded to withdraw money from his own bank accounts.

4. THE GETAWAY!
A man walked into a Topeka, Kansas Kwik Stop, and asked for all the money in the cash drawer. Apparently, the take was too small, so he tied up the store clerk and worked the counter himself for three hours until police showed up and grabbed him.

5. DID I SAY THAT?
Police in Los Angeles had good luck with a robbery suspect who just couldn’t control himself during a lineup. When detectives asked each man in the lineup to repeat the words, “Give me all your money or I’ll shoot, the man shouted, ‘That’s not what I said!”

6. ARE WE COMMUNICATING?
A man spoke frantically into the phone, “My wife is pregnant and her contractions are only two minutes apart!” “Is this her first child?” the doctor asked “No!”, the man shouted, “This is her husband!”

7. NOT THE SHARPEST TOOL IN THE SHED!
In Modesto, California, Steven Richard King was arrested for trying to hold up a Bank of America branch without a weapon. King used a thumb and a finger to simulate a gun, but unfortunately, he failed to keep his hand in his pocket. (hellllllooooooo!)

8. THE GRAND FINALE
Last summer, down on Lake Isabella, located in the high desert, an hour east of Bakersfield, California, some folks, new to boating, were having a problem. No matter how hard they tried, they couldn’t get their brand new 22 ft going. It was very sluggish in almost every maneuver, no matter how much power was applied. After about an hour of trying to make it go they putted to a nearby marina, thinking someone there could tell them what was wrong. A thorough topside check revealed everything in perfect working condition. The engine ran fine, the outdrive went up and down, the prop was the correct size and pitch. So, one of the marina guys jumped in the water to check underneath, he came up choking on water, he was laughing so hard.

NOW REMEMBER …THIS IS TRUE… Under the boat, still strapped securely in place, was the trailer.

Categories
News

nightingale of today

Libya Sentences 6 Bulgarian Nurses to Death for deliberately infecting 400 innocent children to AIDS virus.
These kids were infected to find the cure of the AIDS. What sicko would seal the fate of kids in such a fashion.

Categories
Thoughts

Maruti Zen (little Boxes Ad)

Zen has come up with the nice advertisement with lyrics. But i feel the irony of Maruti coming up with this advertizement amusing. What is the boxes in the advertisement referring to?
The only ugly box shaped cars I see on the road belong to the Maruti Suzuki stable. (Maruti Omni, and Maruti Wagon R.)

If it is the most common car on the streets, then again it is Maruti 800.
Either way why would a advertisement target its own brand?
But then I do not understand advertisements.

Categories
Thoughts

Non-Refundable Deposit

I went for a cable installation, he charged me with 1000/- non-refundable deposit.
I went to my drinking water supplier, he charged me with 200/- non-refundable deposit.

The service provider has to incur a certain cost for all the hardware, wiring he installs at the client site. The landlord entrusts the tenant with the furniture, fittings and the structure of his house. The deposit is the amount paid upfront by the client to build up the trust between the two parties.

Hence by the very definition the moment the business of the client terminates, the deposit should be refunded (or adjusted with the outstanding)
A non-refundable deposit on the other hand disappears into thin air the moment you paid it. You cannot complain for the poor services, you cannot terminate your contract… because you will stand to lost the hefty deposit.

For all practical purposes Non-Refundable Deposit is actually the euphonium for “Installation Charges”. You always think the amount was a security deposit until you decided to lay claim on it.

In certain cases the situation is close to a fraud. Many Landlords refuse or dilly-dally when asked to refund the security paid by the tenant. In Bangalore where this security can be as high as 10months rent, it really pinches. What do you think is the solution?