Words of Prabeen not just pressed, but that touch and impress!

Archive for the ‘Financials’ Category

UnionBudget2018India 1Feb2018: highlights2: #Salaried. #SeniorCitizens. retail #Investors. #Technology-Orientation. #DigitalIndia

#UnionBudget2018India 1Feb2018: highlights for salaried individuals & senior citizens & retail investors that are affected:: + technology orientation & digital India::

Personal Income Tax:

  1. no proposal or no change in tax-slabs for individuals. (#FM states that he has done enough for the salaried class & tax slabs already!)
  2. New: 40000 rupees – standard deductions:  transport & medical reimbursement allowances
  3. Women PF employee contribution reduced to 8% to allow higher take-home salary
  4. Senior Citizens: exempted interest income on bank or post office FD 10k increased to Rs.50K. NO TDS under sec 5A.
  5. health insurance premium & medical expenditure Rs. 30k to 50k under 80D.
  6. general deduction: Rs. 60K senior citizen & 80k snr snr to 1lac for all.
  7. assured 8% return on LIC policies
  8. Equity markets:
    1. ROI on equity:

      This is #BREAKING!

      long term capital gains now

      but vibrant equity mkt => modest (as per FM!)

      tax on exceeding 100000 investment at 10%! What!

    2. 1yr as short term capital gain at 15%

  9. MFs at 10%!
  10. health & education cess increased to 4%
  11. highlights for Companies & employees in insurance scheme – so change in HR policies/benefits restructure or standardisation: All 3 nationalised insurance companies will be merged and listed as one company.
  12. highlights for Companies & Enterprises:
    1. Unique Aadhaar ID for each enterprise entity to be mandatory.
    2. Also 372 business reforms on the cards
  13. #Technologies/ #Digital #India:
    1. #blockchain being evaluated & to be adopted towards digital India.
    2. #CryptoAssetsCurrencies are absolutely Illegal
    3. #MachineLearning #AI #InternetOfThings #IoT #3DPrinting through #StartUpIndia #MakeInIndia schemes through #NitiAyogs
    4. #robotics #BigDataTechnologies etc. will be through #CyberCOEs #CentreOfExcellence around 373!
  14. Telecom+Digital: indigenous #5G speed at #IIT_Chennai


~ Prabeen Kumar Pati

#UnionBudget2018India #UnionBudget



Thankfully, no more “disrupt”! No #disrupting Not!

Thankfully, no more “disrupt”! No! Not that much, not that more! At least not that flood! Years 2016 & 2017 mostly everywhere I saw the prefix disrupt+ words “disrupts” & “disrupting” not just in technology, markets & related, not just industry, but across the globe across areas. It was so general & common use! I’m not saying it’s in hibernation mode this year or dead.

I was not just overwhelmed by the overuse of “disrupt” but baffled as to the common knowledge & mine, & use, it was actually in the negative & not revolutionary/inspirational. Earlier that word I could hear/read only in political circles & functioning: disrupting Parliament/Sessions/Events; & then suddenly movement / ideology is disrupting etc.

Most disrupting (/ occurring) combination / terms / phrases:

disrupting policy (/market policy, govt…);

disrupting innovation, disrupting idea;

such & so technology disrupting

digital disruption (much more than earlier digital / business transformation)

disrupting trend

discovery & findings going to disrupt



DICTIONARY meaning: Interrupt (an event, activity, or process) by causing a disturbance or problem.

>Drastically alter or destroy the structure of

>to break apart

>to throw into disorder

>to interrupt the normal course or unity of

>to throw into confusion or disorder

>to interrupt or impede


Late Middle English: from Latin disrupt- ‘broken apart’, disruptus, from the common verb disrumpere.

(“to break or burst asunder”), from dis-, di- (“apart, asunder”) + rumpere (“to break”).

So why disrupt? Because it got a (new!) meaning to it:

To improve a product or service in ways that displace an established one and surprise the market.

That kind was definitely thought provoking & compelling almost any body and everybody using the buzz-word/catch-phrase prefix disrupt!

Is it safe to say “disrupt” the father of notion (if not common child), not just notion/s, but of all (disrupting) posts/articles/views/proposals/publications & ideas?

The rescuer, the insurance & guarantee of a disrupting one!

disrupt* -the  father & mother of all disrupting ones. The AllMighty!

It was as if it was trash (forget even disrupting) if it didn’t contain the word/prefix “disrupt” itself!

Whose brain child by the way?

It’s not about bucking the trend, not just buzzing, but disrupting!

The word that caught & captured the imagination, changed many a life & caught so many views! so disrupting! that even “out of box” got boxed out!

Oops! Did I use so many disrupts!? Not disrupting!


~ Prabeen Kumar Pati

#disrupt, #disrupting, disrupt, disruptive, market, technology, policy, parliament, govt., industry, movement, #idea, innovation, dictionary, trend, ThoughtProvoking, compelling, catch-phrase, buzz word, brain-child, father of notion, PrabeenPati, #PrabeenPati

What’s more? How much is too much, India?

Even keep all the factors aside- the global/external economy turmoil, scams, corruption, bad/failed governance, falling IIP, policy paralysis, Govt inaction, Lokpal log jam etc, just wondering what if it was a bad to worse monsoon in 2010 or 2011! Then was it possible to recover from the second recession/dip!? Would a bad monsoon prompt or force the Govt to take concrete real positive action and implementation instead of complete disaster inaction or some show offs like some bills passed for the name sake just as today the 13Dec2011? Well, India still should fill lucky as no big natural disaster has happened in the past two years. That will be the last thing any body would even fear.
Regarding the stock markets: well, when there is clarity, growth, affirmation, automatically money in form of FII (yes, that’s the reality, FII flow has been the determining factor on which side the market trend is!) will flow into the Indian markets, in fact, the right strong growing companies’ stocks. In fact, the current situation in the global arena is the best opportunity for India to act right, and automatically many things will fall in place. India, don’t miss this opportunity, you have missed it just earlier. As opportunity doesn’t knock the door twice at least so immediately.
Now coming back to the implementation/functioning, no doubt a clear anti-corruption practice/system at least will kinda make sure whatever is happening, positive or negative is not a show off or hidden scam or trap. I am not sure how a big (yes, big, we need even a big one practically) Lokpal or anti-corruption body/department/system will also remain corruption free practically until we really inculcate the anti-corruption culture not just in the heads but in practice as our very character.
(Well, I know and believe the roots of India than any part or country in the world are still very strong but the display has been completely dormant, actually no show at all! It’s time to switch from hibernate mode to normal system mode.)
~ Prabeen Kumar Pati

These are the Best Times

These are the best times
For one to be one’s self,
even stronger things and action
will not be discouraged
nor will find any traction
nor that opposition
because the happy going ways won’t do,
Some fixes are so quick
And so long to heal
as they are so helpless, thoughtless and
even that they know it all!

~ Prabeen Kumar Pati (19Aug2011)

The Market’s true appeal! Happy Friendship Day!

Market to the world: I may tank, but plz don’t dump me like ur girlfriend or boyfriend! Though I may be ur intended friend of benefit, but I m the true friend, will not disappoint u! Think long term! U keep up with me in my bad times, I will, without any condition, make u wealthier, not just rich, even in your bad times, and enrich your good times; this is the promise I have kept ever!
Happy Friendship Day!
~ Prabeen Kumar Pati

Big Market Crash!

Big Market crash on d cards on 3rd Aug 2011! Expect late recovery by d Indian bourses in d day.
~ Prabeen Kumar Pati

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