Warrier's Collage 02022021

Welcome to Warrier's Daily COLLAGE Tuesday February 2, 2021 Brindaban Gardens Mysuru https://youtu.be/Sm0JNechFmU (Link Courtesy: M G Warrier Mumbai) GOOD MORNING 🙏🙏 Budget Highlights at G M G Warrier M 134 A Purpose of Life Good Morning Every human life comes into the world with a purpose, And a man begins to be Human only when he has understood the purpose of his life.. Despair, like consumption, eats away human life. Uncertainty, Fear and Anguish are haunting the spirit of modern man. Because he does not know where mankind will end.. Threatened by his own self-destructive capacity the modern man carries despair hidden in his heart. Man runs like a blind giant.. What makes the cause of despair is the absence of his authentic self Without action truly Human to be humane in his living..! This is the paradox of his living Today.! Morality, the knowledge of duty, the knowledge of good, the knowledge of true purpose, the concept and existence of Godliness, are all missing in him. Modern man is advanced in his knowledge of means, but he is uncertain of his purpose. He must ask himself the following: What do I desire most in my life? What do I consider most important? Where is my primary Love directed? If he reflects his thought on these, then they will direct giving us a point of reference in right direction, a pole of guidance, a significance to our living that it may be truly human leading to humane in living. 🙏 V. T. Panchapagesan (Not directly related. But thought I can squeeze in this link: "Purpose of life" https://timesofindia.indiatimes.com/readersblog/warriersviews/purpose-of-life-27707/ 🙏 Nice Day M G Warrier M 134 B Interaction 1) K Ramasubramanian Mumbai Responding to Babusenan: "I am a good company for you with diabetics coliving with me for decades; many a time throwing disturbing signals but ultimately conquered so far by Allopathy and allowing me occasional peep into laddu jilebi and their kin. This adventure so far I could not win over being a slave to taste, May be temporary, as philosophers talk about human life. But slight transgression,when none at home around you, is worth a while. Revert to me after this suggested encroachment." (Babusenan says: Once upon a time, marriage functions used to help us, diabetics, to satisfy our craving for the sweet. Then came the videographers.The moment you place your fingers on the sweet stuff, these fellows record it and later the bride's or groom's family would show it to your spouses, exposing you. I have stopped going to such parties. I make auto-suggestion to the effect that my quota of the sweet things is over. Do you know the national anthem of diabetics? It is ONV's song: "Madhurikkum Ormakale Malarmanchal Konduvaroo Kondupokoo Njangaleyaa Maanchuvattil") 2) S K Gupta Panchkula We must always remain indebted to our brave soldiers. Needless to say that we have been enjoying a peaceful and comfortable life sitting inside our homes only due to the supreme sacrifices regularly being made by the Indian Army at our borders with Pakistan and China. Hats off to them. One also wishes that all those so frequently yet shamelessly question their valour and credentials honestly look within and carry out some serious introspection before mindlessly speaking against them. C Reader's Contribution Psychology: M G Warrier "Paranoid Delusions" "https://timesofindia.indiatimes.com/readersblog/warriersviews/paranoid-delusions-29460/ D Congratulations S Thyagarajan's 40th Wedding Anniversary on February 1, 2021 This Day, That Year 1981. Thirty Seven Years have rolled by , but the intensity of love and affection remain the same throughout. Thank you, Shyamala in making my life simple and happy. Our anniversary celebration does not have the colorfulness of piñatas, grandeur of fireworks or the thump of loud music. But it has the colorfulness of our memories, grandeur of our love and thump of our hearts beating for each other forever. Many of my RBI Chennai friends do remember my wedding day 01 February 1981 and the day before for some two unforgettable Association happenings. S. Thyagarajan (Collage wishes Aayurarogyasaukhyam to the couple and all their dear ones. Prayers 🙏) E Leisure SIMPLY SMILE*,,,,, Moms will be Moms... Doesn’t matter who you are. Here is some Mom talk. Issac Newton's mother-- "But did you wash the apple before eating it?" Archimedes's mother-- "Didn't you have any shame running naked in the street from? And, WHO is this girl Eureka???” Thomas Edison's mother-- Of course I am proud that you invented the electric bulb. Now turn it off and get to bed !!!" Abraham Lincoln's mother-- "Now that you have become President for heaven's sake get rid of that shabby tailcoat and stovepipe hat, and buy yourself a decent outfit." James Watt's mother-- "If you just keep watching that damn lid lifting and dropping, rice will be burnt. Turn off the stove now." Alexander Graham Bell's mother-- "You have installed this new silly thing in the house alright, but I do not want girls calling you at odd hours." Galileo Galilei's mother-- "What use is seeing that goddamn moon with your telescope if it does not help me to see my mother in Milano." Samuel Morse's mother-- "Make sure your school report card doesn't have only dashes and dots.” Mona Lisa's mother-- "After all that money your father and I spent on your braces, is that the best smile you can give us ?" Michelangelo's mother-- "Can't you paint on walls like other children? Do you have any idea how hard it is to get that stuff off the ceiling ?" Albert Einstein's mother-- "Can't you do something about your hair ? Use styling gel or something?" Bill Gates's mother-- "You keep browsing all day long; watch out if I ever catch you on any adult web-site." Danial Fahrenheit's mother-- "Stop playing with boiling water and let me make tea." Georg Ohm's mother-- "I don't like you resisting everything I say." Robert Boyle's mother-- "If your volume is really inversely proportional to pressure, you must be having a constipation. Take a laxative." Alessandro Volta's mother-- "It is shocking to see you all the while dipping those copper and zinc rods in that beaker.” Andre Ampere’s mother-- “Apart from fooling around all the time shall you ever find time to glance through your current books!” Socrates's mother-- "If you keep drinking from any cup, it is not necessary that you will also survive like Meera Bai." Christopher Columbus’ mother-- "I don't care what you were busy discovering and where, you could still have dropped a two line letter!” Dedicated to All Mothers, But for Whom The Human Civilisation wouldn’t Have Progressed. Cheers Mums! *Courtesy: Dr Chitra Nashik (Collage adds: Wondering why these mothers talk like this? Don't waste time. Google Search for their son's name. Last you can consider searching "m g warrier" also-Warrier) F Titbits 1) RBI Official robbed Two learn how to knock person out online, mug RBI man in Mumbai | Mumbai News - Times of India" https://m-timesofindia-com.cdn.ampproject.org/v/s/m.timesofindia.com/city/mumbai/2-learn-how-to-knock-person-out-online-mug-rbi-man/amp_articleshow/80617555.cms?amp_gsa=1&_js_v=a6&usqp=mq331AQHKAFQArABIA%3D%3D 2) Andamans a) Holistic Development of Islands for Islanders' Benefits | NITI Aayog, (National Institution for Transforming India), Government of India" https://www.niti.gov.in/niti/content/holistic-development-islands-islanders-benefits b) A usual negative response A bullet through an island’s heart : https://thg.page.link/Q9VVLGNCvMzeEghi8 (Collage is wondering what these people have done so far to safeguard the interests of Andamans 🙏) 2) Recovery of excess Pension https://libertatem.in/law/high-court/bombay-hc-pension-is-a-property-under-art-300-and-a-fundamental-right-under-article-21/?amp=1 3) Manmohan Singh Singh's history in Budget Manmohan Singh is the most reticent of men, but in his first Budget Speech of 1991 he made some uncharacteristic personal remarks that recalled his own history: "I was born in a poor family in a chronically drought prone village which is now part of Pakistan. University scholarships and grants made it pos-sible for me to go to college in India as well as in England. This country has honoured me by appointing me to some of the most important public offices of our sovereign Republic. This is a debt which I can never be able to fully repay. The best I can do is to pledge myself to serve our country with utmost sincerity and dedication. This I promise to the nation." G Budget Highlights* Please find below Highlights of Union Budget 2021-22 General 1. First digital Budget in the history of India 2. Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles 3. 64,180 crores allocated for New Health Schemes 4. 35,000 crores allocated for Covid Vaccine 5. 7 Mega Textile Investment parks will be launched in 3 years 6. 5.54 lakh crore provided for Capital Expenditure 7. 1.18 lakh crore for Ministry of Roads 8. 1.10 lakh crore allocated to Railways 9. Proposal to amend Insurance Act. Proposal to increase FDI from 49% to 74 %. 10. Deposit Insurance cover (DICGC Act 1961 to be amended). Easy and time bound access of deposits to help depositors of stress banks. 11. Proposal to revive definition of ‘Small Companies’ under Companies Act 2013. Capital less than 2 Cr. and Turnover Less than 20 Cr. 12. Disinvestment: IPO of LIC, Announced Disinvestment of Companies will be completed in FY 2021-22 Direct and Indirect tax 1. Senior Citizens: Reduced Compliance burden. 75 years and above. Proposal not to file ITR if only pension income and interest income. 2. Reduction in time for IT Proceedings: Reopening of Assessments period reduced from 6 years to 3 years except in cases of serious tax evasion cases 3. Proposal to constitute ‘Dispute Resolution Committee’. (Taxable income 50 lakhs and disputed income 10 lakh). 4. National Faceless Income Tax Appellate Tribunal Centre 5. Relaxations to NRI: Propose to notify rules for removing hardship for double taxation. 6. Tax Audit Limit: Proposal of tax audit increased from 5 Cr. to 10 cr. (Only for 95% digitized payments business) 7. Propose to provide relief on advance tax liability on dividend income. 8. Propose to include tax holidays for Aircraft leasing companies 9. Pre-filing of returns (Salary, Tax payments, TDS etc.) Details of Capital gains from listed Securities, dividend income, etc. will be pre-filled 10. Small Charitable Trusts. Increased from 1 crore to 5 crores (Compliance limit) 11. Late deposit of employee’s contribution by employer will not be allowed as deduction 12. Incentive to startup: Tax holiday exemption for one more year 13. Duties reduced on various textile, chemicals and other products 14. Gold and Silver (BCD reduced) 15. Agriculture Products: Custom duty increased on cottons, silks, alcohol etc. *Forward received from R Jayakumar Mumbai