Too many letters. Oh, and I’m not speaking in regards to the Russian alphabet, though it additionally has means too many letters. I’m speaking about trendy correspondence on this digital age. (The author apologises for the unfastened use of the phrase letters. Sadly, this author is without end apologising). Actually, that is just about emails, textual content messages, telephone calls, and even the odd fax, (these below the age of 43, please Google fax. This author is allowed solely a sure variety of phrases per column, by the editorial group).
All these messages ask solely two issues. The primary is that if I’m chargeable for the Kala Ghoda Arts Competition? And relying on my temper, I usually reply “Generally”. The second query is extra devastating. It goes on these traces, “Hey, uncle, since you’re so previous, are you able to decode the 2025 price range for us?”
Frankly, I’d a lot somewhat reply the query about Kala Ghoda Arts Competition. Nevertheless, since tens of millions are asking, and plenty of of them being foreigners, I believed it solely truthful that I take a stab at it. In spite of everything economics was my ancillary topic in junior faculty. That I dropped it and opted for bodily training is a separate matter.
First up, I want to current phrases that you need to keep away from making an attempt to grasp. Phrases just like the Nifty 50. Additionally, all different members of the Nifty household, comparable to Nifty Realty, Nifty Media, Nifty Auto, Nifty Uncle, Nifty Aunty… I believe you get the image.
These phrases are simply saved there so tv survives.
Let me clarify. Tv information is the price range makers’ very personal NGO. The price range makers assist tv with content material, that they desperately want. The Nifty household performs a vital position. Information panels can exhaust hours discussing these phrases, with out making any headway, and but retaining the viewer entertained, by the dearth of any conclusive conversations on the topic.
It’s a bit like discussing Hindi movie lyrics from the 90s. I imply who can decode the music ‘Ilu Ilu… Ilu Ilu…’? One other time period to utterly keep away from is Sensex. When you begin getting concerned with this Sensex, you run the chance of falling deep right into a rabbit gap of unanswered questions. Then there are phrases like short-term volatility, sectoral indices, debt markets, fiscal deficit and elevated capex. Even whereas writing these phrases, I really feel sleepy. Suffice to say, (look the author isn’t any Nani Palkhivala, however he must, for the aim of this column, no less than sound like a number one world economist), the one factor that ought to actually concern you, oh citizen, is the bit on earnings tax.
Since, upto ₹12 lakh each year is tax free, it’s clear that your motivation must be to earn precisely that and nothing extra. When you earn ₹13 lakh, you routinely pay 15% tax. So, you’ve really earned solely ₹13 lakh – ₹1,95,000. This equals to ₹11,05,000. So, by incomes extra, you’ll be incomes to precisely ₹12 lakh. I hope this settles all arguments. Now, let’s not point out any of this until the ‘26-27’ price range please.
The author has devoted his life to communism. Although solely on weekends.
Printed – February 07, 2025 04:23 pm IST
