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Thursday, 10 March 2011

Stress Buster

Life is fabulous, this is a statement which often is taken understated. As an individual I have always tried to keep a balance between work and pleasure, but lately I've found that I'm similar to a rocket which takes off with an extremely high escape velocity into a trajectory where gravitational pull becomes minimal and it does not know which path to take as it's own motion is not in it's control.

Vacuum plays the role now. Something devoid of matter matters now. Nothing  now is the only thing important to that rocket. My life is also analogous to that rocket. To describe myself, as what my friends called me, " all time entertainment channel, electrocuted ball of enthusiasm, red bull running in my veins instead of blood". Please do not take me wrong. I am not here to blow my trumpet but to draw attention to the fact that how time plays a vital role in changing personalities. Call it astrology, a science which calculates the position of planets based on longitude and time and also the gravitational pull they exercise on us.

I was always surrounded by friends, hanging out with them was my favorite hobby. But now,  a call in week, a status update on facebook, a tweet is the only way we keep in touch. Gravitational pull is now minimal. I'm not acting paranoid but I miss something which I possessed as an asset.

Time for change .... I will go back to where I was. So I've made up my mind. I will go to meet old friends now and have a great time with them, laugh my ass out, crack old jokes and new ones too, leave philosophy, rationality aside and take a few days to be the same old guy I was in school - carefree, hedonistic and the same old "all time entertainment channel".  This stress buster will indeed bring me back to where I belong and life will be indeed fabulous.

Wednesday, 9 March 2011

Worst Fear

I just posted my first blog and I received a mix of both appreciation and criticism - over phone -> more and blogs-> less. Appreciation was much more subtle as compared to criticism. I even deleted one of the blogs because I was criticized brutally. Reason: Fear. You may ask fear , but why ? I really don't have a perfect answer now. Perhaps because I have a bloated ego that I'm knowledgeable and I do not like people challenging it , perhaps I am afraid that people will come to know that I do not know what I'm talking about or perhaps they will make fun of me saying that this guy is the biggest idiots I have ever met. Nevertheless life teaches you a lesson always. Remember my conscience felt light a few hours ago because I felt that I have done my bit , but have I really .... The answer again is left to how people perceive my thoughts. I felt something and I wrote it, what if it is crap? I will be criticized and I will face the brunt of what I have written and own its consequences. What is important is what I learnt today.

Six lessons learnt :
1. Research before you blog
2. Be precise and substantiate with facts and figures
3. If you are not sure clarify
4. Be ready to take criticism and accept the same boldly
5. Take measures of improvement
6. Have courage .... remember courage is not the absence of fear but a feeling that something else is more important than fear


Tuesday, 8 March 2011

Indian Taxation

This is my first blog, so let me start with an apologetic note that I am not a very proficient writer, nor a geek. Just a common man with some common sense, which is now quite uncommon amongst most of us.

I just had a brainstorming session with my friend and colleague yesterday about taxation rules prevalent in Modern India, a country that is one of the biggest economies of Asia. I am proud to be an Indian but that does not stop me from going far from facts, which is accepted seldom by individuals , who often get defensive due to various reasons. Accepting reality is an attribute which will awaken India and show them their areas of improvement. Accepting mistakes will trigger the mechanisms of correcting them. Defense is not the solution to stop criticism. Inadvertently most of our population is still struggling in the lowest trapezium of Maslow's Triangle of Hierarchy of needs. Reasons enumerable, solutions infinite, but let me now come to the thought that pricked my ever-working brainchild.

Taxation rules can be much simplified in Indian economy. Rather than having different taxation elements, why do we not have just one direct tax. Simplifies the entire process. I know I am no finance expert and this article might demand the attention of many critics, if ever they read this blog :). But I'm simplistic and optimistic and most of all I have a clear conscience.

Leaving the gas apart, let us assume that all Indians have a bank account and the only tax is 1% of their daily bank transactions. To illustrate this theory numerically, let me now demonstrate this with a simple calculation.

No of bank accounts 60 billion assuming that 40% of the population is minors and students
Minimum transaction INR 100/- occurs in a day
Bank Transaction amt in a day INR 6000 Billion
Tax in a day INR 60 Billion
Tax in a year INR 21900 Billion

Not a small amount with a minimum transaction assumed, now if this model is exemplified in real circumstances will reduce a lot of burden from many bodies and will definitely have a positive impact in revenue. No hidden costs at all. You pay tax for what you buy.

I know many people - I repeat if they read this blog - will have differing views, they might also feel that this concept is useless , but as a responsible citizen of the nation I am now exercising my Right to Speech . I am neither an Economist. I love my country and want it to thrive, bring down bureaucracy , see that it is not criticized or made fun of. This is my first attempt. Whether I am right or wrong will come with experience but atleast I feel light in my conscience that I made an attempt.

Jai Hind