After the exams its party time!!! a bunch of ppl i know share birthdays in the month of March and April. My cell phone reminder for the month of march is full of names of my school friends, college friends, n family members. Its like a flood of bdays all back to back. Anand, a school friend and a regular reader of my blogs celebrated his bday on the 2nd of March.(His party is still due) Swathi, a school friend of mine who is now in coimbatore celebrated it on the 8th of this month, Jayashree will have a date on her bday with Maths cos we got an exam the every next day.(Well those r my assumptions. You never know wat special he'll arrange for her;) Akys b'day is on the 19th. (I'll hav to think before gifting him something cos he already owes me one gift and now one more for my comin bday. aren't u reading this Aky dear.) Then comes Abha's turn on the 21st of March. (She shares her bday with Rani Mukherjee and she dosen't like that.)Then its my turn on the 25th!!!! Followed by a bunch of my school friends, cosines and brother. I think it will end with Pooja celebrating it on the 16th of April.
The only relief for me right now is that my b'day falls on a Sunday. At least i wont hav to work on that day.
luxuries and necessities - I dont compensate for anything lower ;)
n here it goes................ (read further at ur own risk)
1) never gift me a Nail paint.
2) a deo is also a no no.
3) i dont like show pieces either.
4) a digi cam will just be perfect.(Friends are u listening? cos Family has already turned a deaf ear to it)
5) a two wheeler (that wud be just g8t. wont hav to stand in pawarnagar line)
6) an i pod nano with all the latest facilities in it.
7) a good looking multipurpose cell phone with a 3 megapixels camera in it :D
8) a real good wallet to fit all my credit and debit cards besides driving lic and of course loads of hard cash ;) Tommy Hilfiger ofcourse
9) a nice big bag which will accommodate all my belongings. Ok now this bag is too specific kind ok. It should be a side bag, a big one, should look g8t and feel good, should have a touch of leather but shud stand water, it shud be nice n soothing. one of those HideSign ones!! Got it?
10) cake!! well i hav changed my loyalty towards Balloons n Ribbons of late. Thats one thing i always hav...i dont care if its too kiddish to cut a cake on bdays but i do! ( u dont really hav to get one, i'll manage;)
11) flowers! i just love them. Ek phool ko uske jaisa pyaara phool.
12) but the best gift wud be loads of hugs n kisses n masti n dhamal n some special memories to be cherished for the lifetime!!!!! muuuuuuahhhh
Unedited scribblings from the journals of mysterious me. Keep reading but dont forget to keep listening to your inside!
Friday, March 09, 2007
Thursday, March 08, 2007
Highlights of Budget 2007-08
With the help of search engines like Google here is highlight on some sector...
Tea - Neutral
The Special Purpose Tea Fund (SPTF) mentioned in Union Budget 2007-08 had been announced before the budget. This fund will benefit the tea sector over the long term. However, budget proposals are not likely to have an impact on the tea sector.
Coffee - Positive
The Government has proposed to set up a special purpose fund for the coffee sector in the short
term. This fund will be along the lines of the Special Purpose Tea Fund (SPTF). Although no concrete details have been announced in the budget, CRISIL Research expects the fund to boost productivity in the coffee sector over the long term.
So are u game for a hot cuppa koffee?
Telecom - Neutral
The overall impact on the telecom sector is expected to be neutral. The service tax levied on the
development and supply of content for use in telecom services is expected to have no impact on
the sector, as the proposed service tax paid by content producers or aggregators would be offset
against service tax paid by subscribers. In order to streamline the present multifarious tax structure, the Department of Telecommunications has been requested to constitute a committee. However, this move is not expected to have any immediate impact on the sector. Cell phone parts, components, and accessories are exempt from the additional customs duty of 4 per cent until April 30, 2007; the exemption has been extended up to June 30, 2009.
So call me when u r free
Textiles - Marginally positive
The reduction of customs on fabrics augurs well for the garments industry. However, at the yarn stage, synthetic and rayon yarns continue to attract higher excise at 8 per cent as compared with cotton yarn, against which duty exemption can be claimed. The customs cut on polyester staple fibre and polyester filament yarn from 10 per cent to 7.5 per cent would exert downward pressure on domestic prices. Simultaneously, the customs duty on polyester feedstocks has also been reduced. While the margins of polyester manufacturers would remain intact, their absolute profits and EPS would decline. Furthermore, lower polyester prices will also exert marginal pressure on the prices of cotton yarn, primarily coarser counts.
Does that mean i can shop more of cloths this birthday?
Roads - Neutral
There has been a marginal increase in allocations for the National Highway Development Programme (NHDP) from Rs 99.45 billion in 2006-07 to Rs 106.67 billion. Allocations for rural roads are expected to increase by around Rs 40 billion, which is expected to come through the separate window under Rural Infrastructure Development Fund (RIDF). The budget has also made allocations for other ongoing road programmes. However, no significant policies or new programmes have been announced that would significantly bolster the prospects of the sector from its existing status.
But still i'm sure i'll have a bumpy ride home
Housing Marginally - negative
In the budget, there was no major announcement for the housing sector. However, the increase in the excise duty on cement is expected to push up effective raw material costs. We expect this to have a marginal impact on players, as the ability to pass on the increase at current prices may be difficult. Hence, we expect the impact to be marginally negative.
I'll have to wait one more year to buy a house (as if i was going to buy one)
Media and Entertainment - Marginally positive
The reduction in the customs duty on digital cinema infrastructure equipment imports from 12.5 per cent to 7.5 per cent will further boost the adoption of digital technology in theatres. The imposition of service tax on development and supply of content for use in advertising agency services is not expected to have any significant impact on the sector since the end-use industries already pay service tax against which this levy can be set off. Overall, the budget is marginally positive for the media and entertainment sector.
Do we get to see movies at Multiplexes at a cheaper rate?
and the list goes on.......
Tea - Neutral
The Special Purpose Tea Fund (SPTF) mentioned in Union Budget 2007-08 had been announced before the budget. This fund will benefit the tea sector over the long term. However, budget proposals are not likely to have an impact on the tea sector.
Coffee - Positive
The Government has proposed to set up a special purpose fund for the coffee sector in the short
term. This fund will be along the lines of the Special Purpose Tea Fund (SPTF). Although no concrete details have been announced in the budget, CRISIL Research expects the fund to boost productivity in the coffee sector over the long term.
So are u game for a hot cuppa koffee?
Telecom - Neutral
The overall impact on the telecom sector is expected to be neutral. The service tax levied on the
development and supply of content for use in telecom services is expected to have no impact on
the sector, as the proposed service tax paid by content producers or aggregators would be offset
against service tax paid by subscribers. In order to streamline the present multifarious tax structure, the Department of Telecommunications has been requested to constitute a committee. However, this move is not expected to have any immediate impact on the sector. Cell phone parts, components, and accessories are exempt from the additional customs duty of 4 per cent until April 30, 2007; the exemption has been extended up to June 30, 2009.
So call me when u r free
Textiles - Marginally positive
The reduction of customs on fabrics augurs well for the garments industry. However, at the yarn stage, synthetic and rayon yarns continue to attract higher excise at 8 per cent as compared with cotton yarn, against which duty exemption can be claimed. The customs cut on polyester staple fibre and polyester filament yarn from 10 per cent to 7.5 per cent would exert downward pressure on domestic prices. Simultaneously, the customs duty on polyester feedstocks has also been reduced. While the margins of polyester manufacturers would remain intact, their absolute profits and EPS would decline. Furthermore, lower polyester prices will also exert marginal pressure on the prices of cotton yarn, primarily coarser counts.
Does that mean i can shop more of cloths this birthday?
Roads - Neutral
There has been a marginal increase in allocations for the National Highway Development Programme (NHDP) from Rs 99.45 billion in 2006-07 to Rs 106.67 billion. Allocations for rural roads are expected to increase by around Rs 40 billion, which is expected to come through the separate window under Rural Infrastructure Development Fund (RIDF). The budget has also made allocations for other ongoing road programmes. However, no significant policies or new programmes have been announced that would significantly bolster the prospects of the sector from its existing status.
But still i'm sure i'll have a bumpy ride home
Housing Marginally - negative
In the budget, there was no major announcement for the housing sector. However, the increase in the excise duty on cement is expected to push up effective raw material costs. We expect this to have a marginal impact on players, as the ability to pass on the increase at current prices may be difficult. Hence, we expect the impact to be marginally negative.
I'll have to wait one more year to buy a house (as if i was going to buy one)
Media and Entertainment - Marginally positive
The reduction in the customs duty on digital cinema infrastructure equipment imports from 12.5 per cent to 7.5 per cent will further boost the adoption of digital technology in theatres. The imposition of service tax on development and supply of content for use in advertising agency services is not expected to have any significant impact on the sector since the end-use industries already pay service tax against which this levy can be set off. Overall, the budget is marginally positive for the media and entertainment sector.
Do we get to see movies at Multiplexes at a cheaper rate?
and the list goes on.......
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