WHOSE MONEY IS THIS ??????????

Hello Readers ,

WHOSE MONEY IS THIS THE GOVT DISTRIBUTING ?

This refers to the amount distributed by people’s beloved Finance Minister (FM) & their allies among Farmer’s as loan waivers ( Rs 71,000 Crores only ) & Subsidy to Fertilizer’s companies ( Rs 95,000 Crores only ) & other subsidy to Oil & Gas marketing companies whose figures are not confirmed. These figures are as on 27 May 2008 & these are not final figures as the amount can even increase but very less chances to get lesser.

They say that “ The Crude is rising & along with it the inflation too which are making new highs in recent days, in contra to that Rupee is depreciating against Dollar & such depreciation was very fast in recent days “ but is this the real picture ?????

The simple logic : When crude was $ 50 the prices of local Petrol prices was Rs 45 – 50 range & this prices are maintained since last 2 to 3 years, at that time in our neighboring countries were selling the same in price range of Rs 15 – 20 in countries like Pakistan , Malaysia etc whose economy is weaker then our economy.

If this countries can sell at such lower prices then one can think that how much taxes must have imposed by our Government & how much profits they must have minted by such gains & how much years they have enjoyed too, now just rise in crude prices in just few months they are in panic & talking about losses & bankcrupt.

The solutions the GOVT is finding is rising local fuel prices, imposing more CESS on INCOME TAX & reducing less duties imposed. But all these are not permanent solutions as it will just reduce short term effects & if the crude leads further then what should be done ? The Govt is only thinking short term as to control inflations due to rising prices as they know we are here for only few months now & election to follow in later this year. They will try to take short term steps till they are here & then after elections if the new government comes then they will take care of the issue.

Subsidy given to companies are the money collected from the tax payers by way of service tax, tds, income tax, corporate tax etc & mind well after this govt has been elected, people have to pay more & more tax in some or other ways. After paying all this taxes is all the money reached the right place in form of subsidy or is utilized some where else ????

Now the LOAN WAIVER FOR FARMERS, there is always an question in my mind that is the real needy farmer getting loans & if they are getting then is it utilized at right place ?

Also many fertilizer companies are getting subsidies but why do they require subsidy & if they require then where are all this money used as every year many of subsidized companies are posting net losses. Or in name of Agriculture the money is transferred some where else.

ALL THIS MONEY GIVEN AS SUBSIDY OR AS LOAN WAIVERS ARE THE HARD EARNED MONEY OF THE PEOPLE & HOW CAN GOVT GIVE SUCH WAIVERS FOR ELECTION PURPOSE AS IN INDIA EVERYTIME ELECTIONS COMES GOVT TAKES SUCH STEPS, WHY PEOPLE ARE NOT RAISING VOICES OR PEOPLE ARE NOT BOTHERED OF SUCH ACTIONS TAKEN OR NOT BOTHERED FOR MONEY ? AFTER PAYING SO MUCH TAXES THERE ARE NO ADEQUATE INFRASTRUCTURE FACILITIES, NO PROPER ROADS AS BEST EXAMPLE IN MUMBAI GUTTERS ARE MORE BEAUTIFUL THEN ROADS AS MORE BUDGET HAS BEEN PASSED FOR THE MODERNISATION OF ROAD SIDE GUTTERS THEN ROADS, DUE TO THIS EVERYWHERE THERE IS TRAFFIC, POLLUTIONS ETC.

Even after so much money spent for gutters then also there were floods in MUMBAI then whats the use of making such huge budget gutters. After paying taxes on time there are no major benefits to the people then should people pay tax ?

SOME SUGGESTIONS :

Taxes should collected area wise as if u see that ur area or ur society needs some basic facilities & if not provided then u can appeal there only to local tax men appointed.
Govt should initiate measures or give benefits to people as tax sops to people who are using Public transport or bicycles as means of traveling. This is just an alternative to fight against high crude prices. If Govt is providing subsidy to farmers then they should really think on this as this would create less pollution & reduces crude imports for the country.

There are many such questions & suggestions but there are no solutions as in POLITICS its all self benefits game played, if our people will not raise voices now then we will end up paying more taxes & will have no benefits.

IF U HAV ANY SUCH QUESTIONS OR SUGGESTIONS THEN U CAN SEND US BY EMAIL ON : ALLIESFIN@GMAIL.COM OR CAN EVEN ADD IN THE COMMENT BOX HERE BELOW THIS ARTICLE ON OUR WEBSITE, PLS DON’T FORGET TO PUT UR NAME ,PLACE & MOBILE NOS. WE WILL ADD UR QUESTIONS OR SUGGESTIONS ON THIS WEBSITE ALONG WITH UR NAME & ALSO U WIL FIND MORE COMMENTS THERE SO FEEL FREE TO WRITE US.

PLS FWD THIS TO AS MANY AS POSSIBLE WITHOUT BEING SELFISH AS SOME DAY U WIL NVR KNW WHO WILL WAKE UP & WHERE OUR VOICES CAN REACH.

*********** JAGO INDIA JAGO **************

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HOW CHEAP IS CRUDE ?????????

Hello Readers,

Over the weekend, my friend filled up the fuel tank of his car, and he thought fuel has become really expensive after the recent price hike. But then he compared it with other common liquids and did some quick calculations, and he felt a little better:

To know why, see the results below - you'll be surprised at how outrageous some other prices are!

Diesel (regular) in Mumbai : Rs.36.08 per litre

Petrol (speed) in Mumbai : Rs.52 per litre

Coca Cola 330 ml can : Rs.20 = Rs.61 per litre

Dettol antiseptic 100 ml Rs.20 = Rs.200 per litre

Radiator coolant 500 ml Rs.160 = Rs.320 per litre

Pantene conditioner 400 ml Rs.165 = Rs.413 per litre

Medicinal mouthwash like Listerine 100 ml Rs.45 = Rs. 450 per litre

Red Bull 150 ml can : Rs.75 = Rs.500 per litre

Corex cough syrup 100 ml Rs.57 = Rs. 570 per litre

Evian water 500 ml Rs. 330 = Rs. 660 per litre Rs. 500 for a litre of WATER???!!!

And the buyers don't even know the source (Evian spelled backwards is Naive.)

Kores whiteout 15 ml Rs. 15 = Rs. 1000 per litre

Cup of coffee at any decent business hotel 150 ml Rs. 175 = Rs. 1167 per litre

Old Spice after shave lotion 100 ml Rs. 175 = Rs. 1750 per litre

Pure almond oil 25 ml Rs. 68 = Rs. 2720 per litre

And this is the REAL KICKER... HP deskjet colour ink cartridge 21 ml Rs.1900 = Rs. 90476 per litre!!!

Now you know why computer printers are so cheap? So they have you hooked for the ink!

So, the next time you're at the pump, don't curse our honorable Petroleum minister - just be glad your car doesn't run on cough syrup, after shave, coffee, or God forbid, printer ink!


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CHANGE IN CIRCUIT FILTER

Hello Readers,

Exchange has reviced change in circuit filter in more then 500 cos, this list is attached on the following website the file name CHANGE IN CIRCUIT FILTER 08-05-2008

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MARKET VIEW MAY 7, 2008

Hello Readers / Visitors / Clients / Friends,

As updated in last newsletter dated May 5, 2008 , that we can see some profits booking in markets as Markets are very close to resitance levels around 5300 for Nifty, also chart explaining the reasons for profit booking in markets was updated.

In this markets you wont find people like us who give reasons along with charts that y we giving Buy or Sell recomendations.

Anyways markets cooled off in last two trading sessions from 5300 to 5100 Nifty spot levels, Here lies the supports as major support for markets are 5050 - 5100 Nifty spot levels, once we close below these levels for minimum 2 to 3 days then we can tell that there is trend reversal in the markets & it can fall further, but according this wil not happen.

We would like to advise to keep stock specific approach & use trail stop losses to your buying positions. In last newsletter we have asked people to book profits who are happy with 10% / 15% / 20% + returns in short run.

Dollar is appreciating against rupee which is good sign for IT & Software stocks, also for those stocks who are more of exports oriented. Yesterday we have updated to our SMS group members about this Rupee - Dollar.

Top picks due to this appreciation would be Infosys, Tcs, Tech Mahindra, Satyam & many other mid & small cap IT stocks.

For live markets calls & updates join our sms services which is cost free too.

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MARKET VIEW MAY 5, 2008

Hello Readers,

IT's time to cheer up as markets are almost 3000 points up from the recent low of 14667 & last Friday made high of 17621 Sensex spot lvls. For Nifty the recent low was 4468 & on las Friday made high of 5298, almost 830 points up. The recent low was made on 18 March 2008 & just took one & half month for the come back.

So wht to do now ?????

BOOK PART PROFITS OR USE TRAIL STOP LOSSES

The markets are up by almost up by 20% in the recent short term run up from the bottom, at this levels we would like to advise our readers, visitors, clients etc to book profits @ current lvls or use trail stop losses to ur long positions.

As 20% index returns are not bad in such short span of time, this is for those who like to book profits but for those who like to stay in momemtum of markets can use Spot Nifty Trail stop loss @ 5100 closing lvls, b4 this trail stop loss was placed @ 4925 lvls.

Once spot Nifty closes below 5100 lvls then once can see short term profit booking or correction in the markets. We are saying to book profits as we liked to book profits @ regular intervals in markets, also we have technical reasons for that as pls refer chart posted here :-)

Still the momemtum us +ve in the markets & in this rally if we close abv 5350 lvls then markets can retest 5500 lvls & even abv tht.

Keep stock specific approach.

Last month April 2008 was full of result season & Many Indian Inc have come out with handsome results despite Crude @ all time highs & soaring inflations.

Techincal call updates :

On 29th Arpil 2008 we have our sms group members to buy HDIL @ 735 with sl 700 & tg 825 - 850, on 2nd May 2008 it has achieved its target of 850 & made highs of 860+ lvls.

One can check our sms alerts sent to group members on this website :

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MARKET VIEWS 02 MAY 2008

Hello Readers,

2day nothing more to update as we are writing since last month tht mkts r bullish & wil test 5400 - 5500 lvls.

Pls read previous updates on this website.

Good Day, Happy Investing

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