छाती मैं छाले, अग्नि से!

मेरे जो यह आँसू छलके,

तेरे  छल की छलनी से! 

मन मैं  गहरे  भाव है अटके ,

छाती मैं छाले, अग्नि से! 

आंसू

 तेरे आंसू,मेरे आंसू 

कुछ तो इनमे एका होगा!

जो यह बहते थे दिल से, तो 

आखों ने उनको रोका होगा!

क्या ज़माने थे

 क्या ज़माने थे,

जो गुज़र गए,

पता नहीं पहले बिगड़े थे,

जो अब सुधर गए? 

नवोदय!

 अब जीवन मैं नवोदय हो,

उमंग का परिचय हो

जो निराकार हो चुके थे स्वप्ना,

अब उनसे परिणय हो!

प्रश्नावली के आखिरी प्रश्न,

का मुझ पर अब उत्तर हो!

संवादों की भूल भुलैयाँ मैं,

स्पश्टता का स्वर हो !

सोते हुए समय मैं,

कुछ बेचैनी पैदा हो,

ख्वावों मैं हो हलचल 

अब  जल्दी सुबह हो !

खो गए थे जो परिंदे,

मंज़िल उन्हें पता हो,

हवा के रुख मैं, हो दिशा 

बस आशा ही आशा हो !

Interesting AI Tool- Voicify

In this era of AI, it's a job for us to remain updated, or else we are outdated. 

In fact, this is a good job, something that keeps me passionate. Heard of chatgpt which is text oriented. I found a new tool that is voice-oriented. We can convert any voice and make them sign as well. OMG.. Try it out yourself!

ttps://voicify.ai/?ref=ankur

Bharat...!

 भारत सिर्फ एक देश नहीं,

गणतंत्र मैं बंधा परिवेश नहीं।  

यह मानवता की मातृभूमि,

यहाँ रंग अनेक, पर द्वेष नहीं!

विज्ञान यहाँ, संज्ञान लिया,

गणित को शुन्य यहीं मिला,

सौर को हमने जाना तब,

जब विश्व था पलकें खोल रहा!

यहाँ संस्कृत थी, और संस्कृति भी,

वेद भी थे , और विवेक भी!

स्वस्थ समाज की रचना करती,

रचिंत यहीं, चरक संहिता थी !

गौरव पूर्ण इतिहास से सज्जित, 

यह भारत की माटी है,

गाँधी सुभाष के बलिदानों से,

सवरी इसकी काँठी है!

पर भूल गए कुछ लोग यहाँ,

भारत की परिमल, इस गाथा को,

जले मणिपुर, लड़े हरियाणा,

बस लांघ रहे मर्यादा को!

यह भारत है जिसने, विश्व को,

सदा मानव प्रेम सिखाया है, 

गंगा जमुनी तहजीब से हमने, 

एक राष्ट्र प्रबल बनाया है!

आओ फिर गुंथे उन यादों  को,

संवेदना की उन स्वाशों को ,

फिर, अब्दुल और अमर, मिलकर

सुलझाए विश्व की  गांठों को! 

मंज़िल, बस आती ही होगी!!

 सड़क शुरू है,

तो ख़तम भी होगी!

कुछ कदम और,

मंज़िल, बस आती ही होगी!!

नया सूर्योदय होने को है

जब चारो और लगे अन्धकार,

जीवन लाचार,

 जैसे हर पल होता प्रहार!

कठिन पथ, 

उस पर  समय का बढ़ता भार

समझ लेना ,मंजिल है पास,

नया सूर्योदय होने को है,

इस पराकाष्ठा के पार!!

Covid-19: An Opportunity to Reinvent!

Please refer my article @ Linkedin

https://www.linkedin.com/pulse/covid-19-opportunity-reinvent-profit-ankur-agrawal

मित्रता के रंग!

मित्रता के अनेको रंग,

कोई अतरंग, कुछ बदरंग!

 

एक मित्र ऐसा,

सुदामा हो जैसा!

हो मैला कुचैला ,

पर प्रेम मैं पहला!!

 

एक मित्र ऐसा,

शकुनि के जैसा!

बोल मीठे मीठे,

तो काट पीठ पीछे!!

 

एक मित्र ऐसा,

कर्ण हो जैसा!

तुमको रखे पूरा,

खुद रहके अधूरा!!

 

एक मित्र ऐसा,

बुद्धा सा जैसा!

प्रेम का मंथन,

आत्मा की गुंजन!!

 

रंग जैसा भी हो,

हाल कैसा भी हो!

ढूंढ लेना तुम मुझे,

मित्र ऐसा ही हो!!

 

 

 

 

बचपन की बोली!

                    

बचपन की बोली,

वह हसीं ठिठोली!

मित्रों के संग,

कुछ आँख मिचोली!!

कागज़ की नाव,

सपनो की डोली!

मटकाते रंग,

मासूम सी होली!!

चेहरे की दमक,

आँखों की चमक!

तोतली बातें,

वह दिल की सड़क!!

अल्हड़ खेल,

चहकते बोल!

तो फिर तभी,

सहमते ढोल!!

माथे पे मेरे,

बचपन की रोली!

रोली पोली,

बचपन की बोली!!

Entrepreneurship: Opportunities Around!

21^st Century is an era of innovation and entrepreneurship with many start-ups bubbling in and out. Creativity and urge to be different, is at its peak and keeping the organizations at toes with just one motto to stay afloat in this competitive arena. Expect competition from anywhere and from anyone. The best thing is that it is bringing just more smiles to customer with more value for money products.

As a hobby, I am hooked to anything wherever I see an opportunity to improve upon for providing better value and innovative products/services to customers. This time I saw some light coming from a window again, which I thought why not we together peep into, hence this blog.

Recently, I was planning to buy a Term Insurance Plan for myself. While browsing through various plans, I came across new payment options as Single Pay and Limited Pay, in addition to Regular Pay.

Prospects generally opt for Limited Pay or Single Pay options to reduce risk of inability of nonpayment in later years. Solution provided by Insurance Companies is good but I think it is too heavily charged and paves way to a New Business Opportunity. How?

If a 25  Year old guy opts for a Term insurance for 1 Cr up to 75 years of age, premium amount on yearly basis is Rs. 9086 ( Source Policy Bazaar). However, for the same coverage premium amount in Single Pay mode is Rs. 272282. Means he somehow arranges Rs. 2.72 lacs and can cover himself for almost rest of his life for a whopping cover of Rs. 1 Cr. Should he go for this plan?

Absolutely Not Recommended! Why?

If he keeps the same amount of money in FD or invests in mutual funds, he can expect a return of around 7-8% PA. Annual Interest earned @7% PA is Rs. 18989. It means he can not only pay his yearly insurance premium from the interest earned but also can keep 50% of the interest earned. Top of it, his principal is intact whatever he has invested at first place.

Many Insurance or Finance enthusiasts may already know this fact but my objective here is how we can turn this situation, into a new Business Model.

So, I really don’t want to comment on the business model adopted by Insurance companies as they are the subject matter experts, but here lies an opportunity for a budding entrepreneur to offer a plan to this youngster to pay Rs. 1.2 lacs upfront ie less than 50% what Insurance company has asked for and get insured for 1 Cr till 75 years with return of investment amount. Sounds cool!

How? It is simple! Amount collected, entrepreneur can invest in market and can expect return at the rate of 10-12% on a conservative side in the long run. Policy premium to be paid on behalf of the insured until lifetime on a yearly basis. Potential for earnings are in form of Commission from Insurance Company and returns on corpus invested.

Let us make it even better, as many youngsters can’t even afford Rs. 1.2 Lacs also. So, let’s convert this amount in a personal loan. New offering will be as follows, Pay Rs. 2670 per month for 5 years and get a term cover insurance for 1 Cr till 75 years.

We can earn even more. Apart from earnings in Insurance, there is a possibility to earn on the personal loan. Apply for a Capex funding for this business model, which we can get @ 8-10% PA. Now, lend the same amount as PL towards purchase of Policy @12%. Here again we earn 2% PA additionally. Here the risk is limited to the annual premium paid as an investor.

What more!  If we can group 1000 prospects willing to buy policy, we can negotiate with Insurer for a negotiated rate like Rs. 8k/year from Rs. 9k/year, benefitting the customer. We can also demand Insurer to treat us as a Key Account for better services and claim experience.

Now once we have a pool of such customers (policyholders), we can pitch other financial products. One caution, ensure trust of customer is ensured whatever may come.

If IRDA permits existence of such Business Model, then we can expect a major premium optimization in Insurance sector only to benefit customers.

As a customer, lets keep thinking and innovating every day for a brighter and healthier ecosystem.

10 reasons why gold prices may hit Rs. 21000

Gold prices (in dollars) are down 20 per cent in 2013. Spot gold is currently trading at $1,391.30 an ounce. In India, gold futures for May delivery dipped below Rs. 26,000 per 10 gram mark earlier this week. Global investment bank Credit Suisse says "the sell-off could have further to run." If we were to pick an "ideal" ultimate target for the sell-off though, it would be $1085 (or Rs. 21,000 per 10 gram), Credit Suisse says.

Here are 10 reasons why gold prices may fall further:

1. Gold expensive over the long term: In real terms (dollars adjusted for inflation), the average price of gold over the very long run (150 years) is around $520 an ounce against $1,391 an ounce currently, Credit Suisse says. Clearly, gold continues to be expensive over the long term average despite the sharp correction this year.  
2. Gold expensive against other commodities: Gold remains expensive when valued against hard assets, such as base metals and U.S. real estate, as well as against other investment classes such as US equities, Credit Suisse says.
3. Global stock markets are at record highs. Besides, equities offer some dividend yield as well, which means the opportunity cost of holding gold has become too much to bear for many investors, Credit Suisse argues.
4. Inflation no more a risk: Investors buy gold to hedge against inflation. However, policymakers in the developed world have failed to generate even moderate 2-2.5 per cent inflation, Credit Suisse says. So, gold as an inflation hedge is losing its charm as the prospects of a sharp move in prices remains remote. (Also read: Why 2013 may not be the year of gold)
5. No imminent collapse of financial markets: The European Central Bank's commitment to preserve the euro and the determination of other leading central banks to underwrite risk and the recapitalization of financial institutions means reduced risk and thus reduced demand for insurance in the form of gold, Credit Suisse says.
6. No threat to dollar: There have been numerous stories about the potential outbreak of "currency wars" amongst the major industrialized economies leading to forex instability. However, if everyone eases together, it will in theory not impact cross rates, Credit Suisse argues.
7. QE coming to an end: The U.S. Federal Reserve has been printing money to shore up the U.S. economy. This liquidity has been driving up asset prices including gold. Credit Suisse says at least 435 tonnes of gold could be liquidated once the Fed withdraws quantitative easing, thereby putting further pressure on gold prices.
8. Central banks are not buying gold despite falling prices and any intervention by them to support prices looks unlikely, Credit Suisse says.
9. No support to gold prices from high production costs: While cost inflation across the gold mining sector has been high, the marginal cost (the change in total cost that comes from producing one additional item) is unlikely to provide support to gold price in the short to medium term, Credit Suisse says.
10. Gold in bear territory: Going by the past trends, a 60 per cent retracement of the 2005 to September 2011 rally over the two and a half years would take gold back to around $1,000 an ounce (nominal) by the end of March 2014, Credit Suisse says.

Source:-
http://profit.ndtv.com/news/cheat-sheet/article-10-reasons-why-gold-prices-may-hit-rs-21000-322600

Capital Gains:- On sale of Property

Rajan, I have sold a residential plot recently. I acquired it in 2001 for 6.5 lacs and sold it at 44 lacs in 2008 Oct. I already own a flat from last 3 years. I believe I am not eligible to reduce capital gains under sec 54 or 54F. Not very keen on 54EC. If I want to pay tax on capital gains, how much it will be. Is there a different slab of tax with and without considering the index? Can you please elaborate.

GIRISH

Recently I have received this comment on blog post BUY HOUSE SAVE CAPITAL GAIN ON SALE OF HOUSE ,I have replied Girish as required but while replying I have noticed that he is not very keen on taking relief given under Section 54EC.So I made a comparison between Investment in Capital gain Bond and payment of Capital gain and invest balance money elsewhere.After reading this Analysis it will be helpful to choose between both the product.Before this just look at main features/condition of section 54EC

1. Long Term Capital Asset:Long term assets means any capital asset held by assessee for more than 3 Years.
2. If assesee has sold the Long term capital asset during the previous year and made a long term capital gain then he can invest money of capital gain in Capital gain bonds and can save tax on long term capital gain.
3. Assessee here means all type of assessees,like individual,firm company etc.
4. Amount to be invested in bonds is only capital gain not net consideration received on sale of long term capital asset
5. Amount exempted under this section will be amount of capital gain or amount invested in capital gain bond which ever is lower maximum upto 50Lakh
6. These Bonds Maturity Period is Three years
7. Capital gain bonds eligible under this section are now can be issued only by REC or NABARD
8. Bonds can not be pledged ,sold transfer before completion of three years from purchase of bonds ,and in case its transferred then amount capital gain exempted on investment in these bonds will be made taxable in that previous year as Long term capital gain .
9. Amount of capital gain should be invested in Capital gain bond within 6 Month from date of transfer/sale of capital asset .
   

so now evaluate two option and take first option.

Example : On sale of long term asset suppose capital gain amount is 1000000 Rs .

Option-1: Amount of Long term Capital gain Bonds Invested in Capital Gain tax Bond ,Rate of Interest is 5.75 REC bonds

On investment of 1000000 rs in Bonds ,tax payout will be Nil and we will get interest 57500@ 5.75p a at the year end ,suppose we will invest 57500 interest received at the First year end and second year end @ 9% per annum annually compound rate, we will get at the following amounts at maturity .


Now Take second Option :Pay Capital gain Tax and Invest balance amount elsewhere .I have calculated the maturity amount at different interest rates compounded annually.The details are given Below on the basic of balance amount invested and amount at maturity at different Interest Rates.

So from the above we can say that if one can invest balance amount after payment of tax in such a way so that annual rate of return is more than 14.39%@ CAGR then it is beneficial to pay tax at one go as compare to investment in capital gain Bond otherwise he should invest in Capital gain bond and take benefit u/s 54EC .Though the rate of interest offered on capital gain Bond is just 5.75% but Internal rate of return (IRR) will come as 14.39(CAGR) due to out go of log term capital gain tax in first year @20 % plus surcharge on log term capital gain.

Now specific answer to his query

• Non eligible for section 54:section 54 is available only if log term asset sold is a residentila house property ,so Gisrish has correctly said that sec 54 is not vailable to him,as he has sold land not a residential house property.
• Non eligible for section 54F:undersection 54F ,person can avail relief from paying long term capital gain tax arises on sale of long term capital asset,if he invest net sale consideration in a house in specefied time ,but he should not own more than one house at the time of transfer of long term asset other than purchased under this section(new house).In this Case Girish owned a house on the date of transfer of the property (land) so he is not correct and eligible for section 54 F
• Capital gain with or without indexation:For sale of land there is no option for calculation of tax without indexation and pay tax at lower rate.
• Tax calculation:As you have not given month of plot purchase so I have assumed it as after march 2001 so on the basic of your tax calculation is given as under
  
  sale price=44
  indexed cost of purchase =6.5 X 582/426=8.88
  capital gain=44-8.88=35.12
  
  tax on capital gain 35.12 @ 20%=7.02 Lakh
• Regarding availing relief u/s 54EF or not it depends on person to person,however necessary calculation which will be helpful in selecting right option at right time is given above.
  

If you have different views then please record in comment section.

Read more: http://www.simpletaxindia.org/2008/10/capital-gain-bond-us-54ec-vs-capital.html#ixzz0gLjSyl2k
Under Creative Commons License: Attribution

Source:-http://www.simpletaxindia.org/2008/10/capital-gain-bond-us-54ec-vs-capital.html

Why save 1411 Tigers?

Aircel has recently realized a social responsibility of saving the tigers. Around a century back there were some 100000 tigers in India but now as per their data only 1411 have left. Around 60+ tigers died in the year 2009. I had visited many national parks in the past, but I had never come across any tiger just except the talks of spotting the tigers.

It is right we should definitely work towards saving our national animal. I dont understand that why GoI has not initiated this mission,rather some another party Aircel is manging the show. Do they want to become the icon of saving dying tigers in India? I doubt as if the Brand Aircel is not selling why not sell the tigers?

Tigers are on the verge of dying buy why do we require them? A simple question. What have changed ecologically when they were exceeding 1 lacs nos to down 1411? Who is exactly at the end of food cycle? There are speculations that food cycle will be affected if there would be no tigers. DO you accept this scientifically? Do just 1411 tigers are behind the sustainence of lives of 120 crore Indians? Infact today Human beings are at the end of food cycle and we should save the human beings rather. The Human Beings should be healthy and well nourished. Its an advanced stage of civilization and I dont think it is justified to place the tigers at the end of the food cycle. Let them enjoy in the Zoos an attraction for the tourists and for locals to earn money out of them.

The time and effort that we invest on saving the tigers must be put on saving the human beings from getting affected from deadly diseases like HIV, Cancer etc.

Why dont we promote the fact 100 people got affected today from HIV?

I think rather than saving the dying tigers we should save the human beings first. Make it a strong breed that it must be able to sustain the attach of local and foreign bodies. It may be extraterrestrial also!

It seems the cause of saving tigers sells more than saving a human being's life? The corporate mantra of Aircel is really effective.

........Ankur