Service-tax Due date

Service-tax Due date extended

The Central Board of Excise and Customs has extended the due date for half yearly return for the period April 2011 to September 2011 from 25th October 2011 to 26th December 2011.

ORDER NO. 1/2011 - SERVICE TAX, DATED 20-10-2011
SECTION 70 OF THE FINANCE ACT, 1994 - FURNISHING OF RETURNS - DATE OF FILING RETURN EXTENDED FOR PERIOD APRIL 2011 TO SEPTEMBER 2011 FROM 25-10-2011 TO 26-12-2011

In exercise of the powers conferred by Rule 7(4) of the Service Tax Rules, 1994 read with Notification No. 48/2011- Service-tax, dated 19th October 2011, Central Board of Excise and Customs hereby extends the date of submission of half yearly return for the period April 2011 to September 2011 from 25th October 2011 to 26th December 2011.

This is being done in view of the fact that the e-filing of service tax returns for all class of service tax assessees has been made mandatory for the first time vide Notification No. 43/2011- Service-tax, dated 25-8-2011, as such leaving less time for the trade to adjust to the requirement of e-filing.

An Overview of Digital Signature

An Overview of Digital Signature

The Central Board of Direct taxes announced on 1st July 2011, that all Individuals, HUFs and Partnership Firms who are liable to get their accounts audited under the Income Act 1961 will have to file their Income-Tax return online compulsorily using Digital signature for the financial year 2010-11.

Many people confuse a Digital Signature with an e-signature. An e-signature is a scanned image of your phys¬ical signature while Digital Signature is not a facsimile of a person's physical signature. A document with a Digital Signature will not contain any traditional signature but it will simply state that it has been digitally signed by (name of the person signing it). To know about Digital Signatures we will first have to understand what Digital Signature Certificates are.

What is a Digital Signature Certificate?

A Digital Signature Certificate, like hand written signature, establishes the identity of the sender filing the documents through internet which sender can not revoke or deny. Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Examples of physical certificates are drivers' licenses, passports or membership cards. A digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally. In simple words, a document can be Digitally Signed using a Digital Signature Certificate.

Why is Digital Signature Certificate (DSC) required?

Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate. The Information Technology Act, 2000 provides for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically. This is the only secure and authentic way that a document can be submitted electronically. Moreover a Digital Signature is the on¬ly way one can authenticate electronic or online transac¬tions “legally”. The potential for Digital Signatures is huge in services like e-procurement, filing of returns, filing of export-import licenses, financial transactions, digitization of land records, while using e-commerce web-sites and other transactional portals and other online trans¬actions like internet banking. You can even encrypt information in your e-mail using a private key of a Digital Signature.

Types of Digital Signature Certificates:

There are basically 3 types (or classes) of Digital Signature Certificates Class-1, Class-2 & Class-3, each having different level of security.

Class 1 signatures are used for identification of username/email ID. However it cannot be used to sign any Statutory / Business Documents whereas Class 2 & Class-3 -DSCs are issued to the Individuals and can be used for either Personal or Business Purposes.

Class 2 signatures can be availed from Dealers / Resellers of Certifying Authority, by submitting the prescribed documents. Here, the identity of a person is verified against a trusted, pre-verified database.

Class 3 signature is the highest level where the person needs to present himself or herself in front of a Registration Authority (RA) and prove his/ her identity by submitting the documents.

How does it work!!

TECHNICAL ASPECTS:

Digital signatures are an application of asymmetric key cryptography. Cryptography is primarily used as a tool to protect national secrets and strategies. It is extensively used by the military, the diplomatic services and the banking sector.

CRYPTOGRAPHY:

Cryptography is the science of using mathematics to encrypt and decrypt data. It enables a person to store sensitive information or transmit it across insecure networks (like the Internet) so that it cannot be read by anyone except the intended recipient

Data that can be read and understood without any special measures is called plaintext or clear text. Data which requires some special function to be performed on it before it can be read and understood, is called cipher text. The same plaintext, encrypted by using different keys, will result in different cipher text. The security of encrypted data is entirely dependent on two things: the strength of the cryptographic algorithm and the secrecy of the key.

Encryption is used to ensure that information is hidden from anyone for whom it is not intended, even those who can see the encrypted data. The process of reverting cipher text to its original plaintext is called decryption.

A cryptographic algorithm, or cipher, is a mathematical function (known as hash function) used in the encryption and decryption process. This hash function works in combination with a key (private key) to encrypt the plaintext (the original message).

The hash function software produces a fixed length of alphabets, numbers and symbols for any document. This is known as the hash result. However, the contents of this fixed length are never the same for two different documents. If even one letter in the document is altered, an entirely different hash result will be generated. The hash function software will always produce the same hash result for a particular message & it is practically impossible to reconstruct the original message from the hash result.

Customers are given two codes for verification —private and public keys. The public key and private key are nothing but extremely large numbers. Although the keys are mathematically related, it is almost impossible to obtain the private key by using the public key. If a particular private key was used to “sign” a message, then only the corresponding public key will be able to verify the “signature”. A Digital Signature usually contains owners name, company name and address, public key, certificate serial number, expiry date of the public key, certifying company ID, and Certifying Company’s Digital Signature.

salary Income upto Rs.5,00,000

There was lot of confusion by the salary class assessee’s to file the Income Tax return or not to file. Hence Income tax department has issued Notification to clarify the same.

Here is the Notification copy



Notification No.402/92/2006-MC (14 of 2011)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes



New Delhi, dated the 23rd June, 2011

PRESS RELEASE

The Central Board of Direct Taxes has notified the scheme exempting salaried
taxpayers with total income up to Rs.5 lakh from filing income tax return for assessment year 2011-12, which will be due on July 31, 2011.

Individuals having total income up to Rs.5,00,000 for FY 2010-11, after allowable
deductions, consisting of salary from a single employer and interest income from deposits in a saving bank account up to Rs.10,000 are not required to file their income tax return. Such individuals must report their Permanent Account Number (PAN) and the entire income from bank interest to their employer, pay the entire tax by way of deduction of tax at source, and obtain a certificate of tax deduction in Form No.16.

Persons receiving salary from more than one employer, having income from sources
other than salary and interest income from a savings bank account, or having refund claims shall not be covered under the scheme.

The scheme shall also not be applicable in cases wherein notices are issued for filing the income tax return under section 142(1) or section 148 or section 153A or section 153C of the Income Tax Act 1961.


PLEASE FEEL FREE TO CONTACT ME FOR YOUR CLARIFICATIONS.

I KNOW MOST HAVE SEEN THE JULY CALENDAR, BUT THERE IS MORE TO THIS E-MAIL THAT IS INTERESTING.

THIS IS THE ONLY TIME WE WILL SEE AND LIVE THIS EVENT

Calendar for July 2011

Money bags

This year, July has 5 Fridays, 5 Saturdays and 5 Sundays. This happens
once every 823 years. This is called money bags. So, forward this to
your friends and money will arrive within 4 days. Based on Chinese
Feng Shui. The one who does not forward.....will be without money.


Kinda interesting - read on!!!


This year we're going to experience four unusual dates.

1/1/11, 1/11/11, 11/1/11, 11/11/11 and that's not all...

Take the last two digits of the year in which you were born - now add
the age you will be this year,

The results will be 111 for everyone in whole world. This is the year of
the Money!!!

The proverb goes that if you send this to eight good friends money will
appear in next four days as it is explained in Chinese FENGSHUI.

Those who don't continue the chain won't receive.......

Its a mystery, but its worth a try. good luck!

Pendulum Dowsing

Pendulum Dowsing:


A technique for searching for underground water, minerals, or anything invisible, by observing the motion of a pointer or the changes in direction of a pendulum, in response to unseen influences.

Also Pendulum dowsing is an ancient art of accessing information not available to us through the use of our senses. Basic dowsing pendulum consists of a weight suspended on a flexible string, chain, etc It works from subconscious mind and will understand / interpret correctly.

The subconscious mind is like a child and you need to be fairly precise in formulating your questions so there is no double meaning or room for wrong interpretation.

When you have dilemma to do certain work or to take decisions we suggest to contact dowsing expert for solutions.


How it works:

You don't ask: "Is this vitamin good?" as it's much too general. You can ask: "Will this vitamin benefit my body now?". The "now" is a very important part as your body's need do change.

You can test many different vitamins and supplements that way to find out which are the most appropriate for you at the time of asking.

Pendulum Dowsing is a wonderful technique to master which I have succeeded in 2001 with certificate Reiki Master in addition to Reiki.

I adopt this technique while VAASTU Consultations. I have achieved 100% satisfaction by my clients.

Fixed Deposits

Interest earned from Fixed Deposit

Income/Interest earned from fixed deposit account in the bank, the interest paid for the deposit will be taxable income and the banker will deduct the tax at source and pay you the remaining amount. This process is called as Tax Deduction at Source(TDS). Interest in excess of Rs.10,000/- only TDS comes into picture otherwise you do not have to worry about TDS. But, there is cases where the TDS is not applicable but still the banks may cut the income. It can be avoided if you act wisely and submit Form 15H (who is above 65 years) or Form 15G for others.
Suppose you do not have PAN or not submitted the PAN then you will be deducted TDS at the rate of 20% of your interest earned during the year.

If you have any doubts please e-mail to srinathkr@yahoo.com

36 AS 1 (issued 1979)
Accounting Standard (AS) 1
(issued 1979)
Disclosure ofAccounting Policies
(This Accounting Standard includes paragraphs 24-27 set in bold italic
type and paragraphs 1-23 set in plain type, which have equal authority.
Paragraphs in bold italic type indicate the main principles. This
Accounting Standard should be read in the context of the Preface to the
Statements of Accounting Standards1.)
The following is the text of the Accounting Standard (AS) 1 issued by
the Accounting Standards Board, the Institute of Chartered Accountants of
India on ‘Disclosure of Accounting Policies’. The Standard deals with the
disclosure of significant accounting policies followed in preparing
and presenting financial statements.
In the initial years, this accounting standard will be recommendatory in
character. During this period, this standard is recommended for use by
companies listed on a recognised stock exchange and other large commercial,
industrial and business enterprises in the public and private sectors.2
Introduction
1. This statement dealswith the disclosure of significant accounting policies
followed in preparing and presenting financial statements.
2. The view presented in the financial statements of an enterprise of its
state of affairs and of the profit or loss can be significantly affected by the
accounting policies followed in the preparation and presentation of the financial
statements. The accounting policies followed vary from enterprise to
enterprise.Disclosure of significant accounting policies followed is necessary
if the view presented is to be properly appreciated.
1 Attention is specifically drawn to paragraph 4.3 of the Preface, according to which
Accounting Standards are intended to apply only to items which are material.
2 It may be noted that this Accounting Standard is now mandatory. Reference may
be made to the section titled ‘Announcements of the Council regarding status of
various documents issued by the Institute of Chartered Accountants of India’
appearing at the beginning of this Compendium for a detailed discussion on the
implications of the mandatory status of an accounting standard.
Disclosure of Accounting Policies 41
3. The disclosure of some of the accounting policies followed in the
preparation and presentation of the financial statements is required by law in
some cases.
4. The Institute ofCharteredAccountants of India has, in Statements issued
by it, recommended the disclosure of certain accounting policies, e.g.,
translation policies in respect of foreign currency items.
5. In recent years, a few enterprises in India have adopted the practice of
including in their annual reports to shareholders a separate statement of
accounting policies followed in preparing and presenting the financial
statements.
6. In general, however, accounting policies are not at present regularly and
fully disclosed in all financial statements. Many enterprises include in the
Notes on the Accounts, descriptions of some of the significant accounting
policies. But the nature and degree of disclosure vary considerably between
the corporate and the non-corporate sectors and between units in the same
sector.
7. Even among the few enterprises that presently include in their annual
reports a separate statement of accounting policies, considerable variation
exists. The statement of accounting policies forms part of accounts in some
cases while in others it is given as supplementary information.
8. The purpose of this Statement is to promote better understanding of
financial statements by establishing through an accounting standard the
disclosure of significant accounting policies and the manner in which
accounting policies are disclosed in the financial statements. Such disclosure
would also facilitate a more meaningful comparison between financial
statements of different enterprises.
Explanation
Fundamental Accounting Assumptions
9. Certain fundamental accounting assumptions underlie the preparation
and presentation of financial statements. They are usually not specifically
stated because their acceptance and use are assumed.Disclosure is necessary
if they are not followed.
42 AS 1 (issued 1979)
10. The following have been generally accepted as fundamental accounting
assumptions:—
a. Going Concern
The enterprise is normally viewed as a going concern, that is, as continuing
in operation for the foreseeable future. It is assumed that the enterprise has
neither the intention nor the necessity of liquidation or of curtailingmaterially
the scale of the operations.
b. Consistency
It is assumed that accounting policies are consistent fromone period to another.
c. Accrual
Revenues and costs are accrued, that is, recognised as they are earned or
incurred (and not asmoney is received or paid) and recorded in the financial
statements of the periods to which they relate. (The considerations affecting
the process of matching costs with revenues under the accrual assumption
are not dealt with in this Statement.)
Nature of Accounting Policies
11. The accounting policies refer to the specific accounting principles and
the methods of applying those principles adopted by the enterprise in the
preparation and presentation of financial statements.
12. There is no single list of accounting policies which are applicable to all
circumstances. The differing circumstances in which enterprises operate in
a situation of diverse and complex economic activity make alternative
accounting principles and methods of applying those principles acceptable.
The choice of the appropriate accounting principles and the methods of
applying those principles in the specific circumstances of each enterprise
calls for considerable judgement by the management of the enterprise.
13. The various statements of the Institute of Chartered Accountants of
India combinedwith the efforts of government and other regulatory agencies
and progressive managements have reduced in recent years the number of
acceptable alternatives particularly in the case of corporate enterprises.
While continuing efforts in this regard in future are likely to reduce the
number still further, the availability of alternative accounting principles
and methods of
Disclosure of Accounting Policies 43
applying those principles is not likely to be eliminated altogether in view of
the differing circumstances faced by the enterprises.
Areas inWhichDifferingAccounting Policies are Encountered
14. The following are examples of the areas in which different accounting
policies may be adopted by different enterprises.
• Methods of depreciation, depletion and amortisation
• Treatment of expenditure during construction
• Conversion or translation of foreign currency items
• Valuation of inventories
• Treatment of goodwill
• Valuation of investments
• Treatment of retirement benefits
• Recognition of profit on long-term contracts
• Valuation of fixed assets
• Treatment of contingent liabilities.
15. The above list of examples is not intended to be exhaustive.
Considerations in the Selection of Accounting Policies
16. The primary consideration in the selection of accounting policies by an
enterprise is that the financial statements prepared and presented on the
basis of such accounting policies should represent a true and fair view of the
state of affairs of the enterprise as at the balance sheet date and of the profit
or loss for the period ended on that date.
17. For this purpose, the major considerations governing the selection and
application of accounting policies are:—
44 AS 1 (issued 1979)
a. Prudence
In viewof the uncertainty attached to future events, profits are not anticipated
but recognised only when realised though not necessarily in cash. Provision
ismade for all known liabilities and losses even though the amount cannot be
determined with certainty and represents only a best estimate in the light of
available information.
b. Substance over Form
The accounting treatment and presentation in financial statements of
transactions and events should be governed bytheir substance and notmerely
by the legal form.
c. Materiality
Financial statements should disclose all “material” items, i.e. items the
knowledge ofwhichmight influence the decisions of the user of the financial
statements.
Disclosure of Accounting Policies
18. To ensure proper understanding of financial statements, it is necessary
that all significant accounting policies adopted in the preparation and
presentation of financial statements should be disclosed.
19. Such disclosure should form part of the financial statements.
20 It would be helpful to the reader of financial statements if they are all
disclosed as such in one place instead of being scattered over several
statements, schedules and notes.
21. Examples ofmatters in respect ofwhich disclosure of accounting policies
adopted will be required are contained in paragraph 14. This list of examples
is not, however, intended to be exhaustive.
22. Any change in an accounting policy which has amaterial effect should
be disclosed. The amount by which any item in the financial statements is
affected by such change should also be disclosed to the extent ascertainable.
Where such amount is not ascertainable, wholly or in part, the fact should be
indicated. If a change ismade in the accounting policieswhich has nomaterial
effect on the financial statements for the current period but which is
Disclosure of Accounting Policies 45
reasonably expected to have a material effect in later periods, the fact of
such change should be appropriately disclosed in the period in which the
change is adopted.
23. Disclosure of accounting policies or of changes therein cannot remedy
a wrong or inappropriate treatment of the item in the accounts.
Accounting Standard
24. All significant accounting policies adopted in the preparation and
presentation of financial statements should be disclosed.
25. The disclosure of the significant accounting policies as such should
form part of the financial statements and the significant accounting
policies should normally be disclosed in one place.
26. Any change in the accounting policies which has a material effect
in the current period or which is reasonably expected to have a material
effect in later periods should be disclosed. In the case of a change in
accounting policies which has a material effect in the current period,
the amount by which any item in the financial statements is affected by
such change should also be disclosed to the extent ascertainable. Where
such amount is not ascertainable, wholly or in part, the fact should be
indicated.
27. If the fundamental accounting assumptions, viz. Going Concern,
Consistency and Accrual are followed in financial statements, specific
disclosure is not required. If a fundamental accounting assumption is
not followed, the fact should be disclosed.

Charge your mobile battery without electricity, How?

What do you do if you are stuck in a field at a pop festival but there’s trouble ahead because your mobile phone’s battery is about to run out?

Thanks to new gizmo, you now just need to face the music and dance.

Mobile phone operator orange said on Tuesday it had teamed up with GotWind, a firm specializing in renewable energy, to produce a recharge powered by dance energy alone.

The portable kinetic energy chargers will be given a test run at this year’s Glastonbury Festival, the world’s biggest Greenfield music and arts celebration that begins on a farm in Somerset on Friday.

Orange said the prototype chargers weight the same as a phone and are about the size of a pack of cards. Attached to the user’s arm, they employ a system of weights and magnets which provide an electric current to top up charge in a storage batter. This can then later be used to recharge the phone. We wanted to create a fun, engaging and interactive product which would encourage users to have a laugh while charging their mobile phone and at the same time test out a new evergy efficient prototype, said Hatie Magee, Head of Partnerships at Orange UK

shares

Shares are bottoming out, political worries, spiralling inflation, soaring crude prices and continued FII Selling may further weaken the market. Any further hike in key interest rates by the RBI will dent the bottomline of India Inc's Q1 financials.

Time

Time

Time is precious, time makes every thing and anything. One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday’s time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.

Tax Planning

Tax planning

Every citizen has a fundamental right to avail all the tax incentives provided by the Government. Therefore through prudent tax planning, not only the income tax liability reduced, but also a better future is ensured due to compulsory savings in highly safe government schemes. We sincerely advice all our clients to plan their investments in such a way that the post tax yield is the highest possible, keeping in view the basic parameters of safety and liquidity.

Filing of income tax return is compulsory for all individuals whose gross annual income exceed the maximum limit prescribed by the Income Tax Act. Every one has to file the return within 31st of July and whose annual sales exceeds 40 lacs or professional receipts exceeds 10 lacs then they have to file within 31st October (30th Sept- amendment has to be made)

There are few tax free incomes which you can utilize, they are

1. Interest in PPF or GPF or EPF
2. Interest on GOI tax free bonds
3. Dividends on Shares and on Murual funds
4. Any capital receipt from life insurance policies i.e., sum received either on death of the insured or on maturity of life insurance plans. However, in case of life insurance policies issued after 31st march 2004, exemption on maturity payment under section 10(10D) is available only if the premium paid in any year does not exceed 20% of the sum assured.
5. Interest on Savings Bank account in a Post Office.
6. Long Term capital gains on sale of shares and equity mutual funds if the security transaction tax is paid on such transactions.


Some investments in specified schemes u/s80C and u/s80CCC(1) are deductible form your total income earned. Such investments are
1. Life Insurance Premium
2. Contribution to EPF/GPF
3. PPF (Max 70,000/- in a year)
4. NSC
5. ULIP
6. Repayment of Housing Loan (Principal)
7. ELSS Of Mutual Fund
8. Tuition fees including admission fees or college fees paid for full time education of any two children of the assessee. (Any development fees or donation or payment of a similar nature shall not be eligible for deduction)
9. Infrastructure Bonds issued by institutions/Banks such as REC, PFC etc.,
10. Interest accrued in respect of NSC VIII Issue
11. Pension scheme of LIC of India or any other insurance company
12. FD with Banks having a lock in period of 5 years.

The above provisions applies to the financial year 2007-08 only

Petrol Price

Its fantastic that we all think about petrol price hike, commodities hike, hotel food, cable charges hike etc.,

Why don’t we think about how to control the usage and where the usage of petrol is happening more.

Check how many government vehicles are moving per day, how many kilometers, how many liters consumed, and how much milage does the vehicle give. Is it necessary to give one vehicle to each officer. Here you will find lot of answers for yourself. Can we control this? Why not and who will control. Who will rise the voice against it. Will you?

Check how many government buses / public transport will travel in the peak hours, and in non peak hours, how many will go to school / colleges with their parents and how many go by auto or school-van. Why don’t we insist to go by school bus or college bus or public transport. It’s the prestige issue for some to have own vehicle.

Check how many will go to government offices from different locations, every one has to own a good vehicle. I hope you know better how they get money!!!

Check how many will go to their business and their offices. Why don’t we have house close by.

Details to check the figures for the above is a delicate issue. That’s the reason we or anybody doesn’t want to highlight.

If 10% of the public think this for 6 months, I think we can save 10% of shortage in petrol. Petrol / Gas / LPG is very much necessary to our day to day life. How to use is the big question mark. If you have any ways to save petrol do highlight.

As the population grows, requirement of every thing increases like food, clothing and shelter (basic things) to supply these things by transport we need diesel / petrol from one place to another.

Is this not possible, why don’t we supply petrol / diesel by pipeline. So that transportation of petrol will be cheap. Do you know what is the cost of petrol in Pakistan.

http://www.kshitij.com/research/petrol.shtml
http://in.answers.yahoo.com/question/index?qid=20080112091007AA7oreN
http://pakistantimes.net/2005/04/23/top5.htm

Finance for common man

Finance for Common man

Finance is necessary for every one. What ever is the age, sex, caste, religion etc., Finance plays a vital role in everybodies life. By birth every one prays to be rich. But our karma of earlier janma leads to present janma.

At our childhood our parents will take care of our financial needs. If parents are not alive during childhood, children will take different , different directions without knowledge. Good direction leads to good lifestyle and bad directions leads to criminal activity.(May or May not be) That is how society is created with evil activity.

At our middle age, we will be fast in every thing. That is also, we will be fast in spending our earnings without anticipating future needs. One who enjoys at the early age will se trouble or shortage of finance at the later age. (Just sit back and find few examples of your relations or friends) Don’t get panic, decide now you will not make this mistake.

Later of our age leads to concentration of health. Day to day taking care of health treatments are becoming costlier. To avail good treatment, we have to spend good amount of money.

Prima facie, we need finance at each and every level of life, irrespective of wheather we are in business or profession.

My sincere request to you all is save first and spend next.

Karnataka Elections

Karnataka Elections has ended with no majority. BJP has gained 110 seats, Congress gained 80 seats, JD(s) gained 28 and others gained 6 seats.

now BJP is in talks to gain the majority and form the government.
http://www1.timesofindia.indiatimes.com/Karnataka_BJP_finally_claims_south_pole/articleshow/3070869.cms
check this

Pass the Passports

Passport outsourcing


This is the first time ever passport processing has been outsourced. The race is believed to have been keenly contested by some large PSUs as well as IT and BPO firms with some large government contracts to their credit. TCS will now handle all the processing work related to the issuance of passports

Bangalore International Airport

Bangalore International Airport


After 17 years of wrangling, delay and innumerable rounds of litigation and talks, the new Bangalore International Airport ( BIAL) at Devanahalli became operational on Friday night. The first flight to take off from the new airport was Air India’s IC 957 for Singapore, captained by Ishwar Pal Panwar. The first Flight to land in the airport was Indian Airlines IC 609 from Mumbai with a couple of other domestic flights slated to land post midnight, delayed by a few hours. Delays and confusion notwithstanding, the airport set-up received thumbs-up from passengers and pilots alike.

And with that, the HAL airport that had served civilian flights for decades, has become an exclusive defence airport.

Premium as well as budget taxi services have also been launched at the new airport. CarzOnRent operates limousines and provides executive class travel, while easyCabz runs a radio taxi service.

Right now, there are no customers to exchange currencies at the counter. The business will pickup soon. The new airport has been built at a cost of Rs.2,470 crore as a public-private partnership between the state government and a Siemens-led consortium.

There’s excitement in the air at BIA. A number of Bangalore based passengers called to ask whether we would land at BIA. When we informed them that their flight infrastructure secretary V P Baligar greets one of the first passengers at the airport.

There was few confusion, like few passengers have left to old airport without knowledge. Airport road was not busy and whole traffic was transferred to Bellary Road. Expected traffic on National Highway 7 are like 1.14 crore passenger flow to Bangalore. Passenger average daily flow based on 450 flights per day is 1,14,00,000/365=31,232. As per the HAL airport data 75% of the passengers are domestic and 25% international passengers. So Domestic passenger per day is 0.75x31,232 = 23,424. The domestic operation is distributed between 6 am to 10 pm. Domestic passengers per hour is 23,424/16=1,464. It is estimated that one person will accompany a passenger. Therefore, number of vehicles to be parked is estimated at 1500-2600/hour. Besides there is an introduction of Volvo buses to BIA a hit. The Vayu Vajra Service by BMTC was a big hit. Hi-tech Volvo service with 31 seater, lot of luggage space carried 128 passengers from BIA to Bangalore after the inaugural flight landed on Saturday morning. BMT has deployed 40 Volvo buses and 116 Suvarna Sarige buses though the Volvo service is more in demand.

The people at new Devanahalli Airport was very happy to see the international standard of Airport. Visitors arrived to airport to see and expirence the new look. Most of them are happy and only worry was connectivity. Bangalore traffic authorities and planning to improve the connectivity to the new airport.

Folks, enjoy the world class airport at Bangalore.

Inspiration

INSPIRATION

While inspiration can come to anyone at any time, you can create a conducive climate within you so that you get self inspired. For self-inspiration, both your heart and mind need to be relaxed, so that you are in leisure mode.

Isaac Newton was relaxing in the garden when he saw an apple fall. He had the leisure to ask himself why the apple fell straight on the ground and did not go upward. He found the answer and gave to us the law of gravity.

Sometimes small incidents can result in the creation of a major work of art or literature. Edward Gibbon’s The Decline and Fall of the roman empire is an acclaimed work in the English language. In his autobiography he writes that when he was in Rome he sat using amidst the ruins of the old city. Barefooted friars were singing vespers or evening prayers. This is when he got the idea of writing about the decline and fall of the city. The realization of this idea took many years but his persistence and hard work resulted in a classic of literature and not only of history.

Galileo was sitting in a church when he saw a chandelier gently moving from side to side. He noted that the to and fro movement of the chandelier that was independent of the bon mass or the amplitude of the swing would prove useful (as pendulum) for keeping time like the metronome that aids students of music.

Many of us live under the tyranny of the next thing to do on our list. Sometimes the state of leisure is enforced on us as during the convalescence period after an illness. A temporary immobilization from routine activity suddenly creates the time for self-evaluation

For a writer or teacher a sabbatical provides the leisure for him to think through a subject.

Leisure by itself is not enough. It has to be accompanied by mindfulness and attentiveness. Sometimes inquisitiveness is an aid to inspiration. The second aid to inspiration is concern for others. Many of the medical inventions have come from a desire to cure a disease.

Inspiration has to be followed through to yield any result. Thomas Alva Edison said: “Genius is 1 per cent inspiration and 99 percent perspiration”. For want of application and follow up, many an inspired thought is lost. Or quality of life shapes our inspiration. An uncluttered mind is likely to be receptive to even small whispers from within.

Nature is a wonderful source of inspiration. I remember a time when I was depressed after a course of chemotherapy and was sitting in the garden when a mynah gave a ful throated cry of joy. She repeated the cry again, twice and I could not hep but experience her joy as my spirits lifted.

Music is soothing, it also inspires. What comes out of us depends on what goes into us. It is worth asking from time to time. “What is my intellectual and spiritual input this day?” Who are the people I think of apart from myself? Who are the people I can help? Inspiration comes from reaching out.

For our rushed lives the prayer of the American poet, John Greenleaf Whittier, is so relevant, Drop thy still dews of quietness, Till all our strivings cease. Take from our souls the strain and stress, and let our ordered lives confess. The beauty of thy peace.


http://spirituality.indiatimes.com

saanvi