Dangal Movie review: Aamir khan's future performances will be measured against this one,

 Dangal has real meaning but its message doesn't overwhelm. Aamir Khan knows exactly when to ratchet it up and when to let go. The first-timers shine and fight for real. Sakshi Tanwar is familiar enough and yet new enough.

There comes a time when a star gives in to the demands of a role which he knows will make him not-pretty: as a wanna be wrestler past his prime, Aamir Khan is squat, with a heavy belly, a deliberate gait, and a grizzled beard. Only his jutting ears are familiar: the rest of him is pure character.

We are going to have to measure Aamir Khan’s future performances with this one: as Mahavir Singh Phogat, failed wrestler, rough-hewn but caring husband and father of four girls, he scales it up to a point where you can see the star take on a character, try it for size, and make it his own.

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My Notes Ban Speech Will Cause Earthquake, Claims Rahul Gandhi: 10 Facts

Tens of thousands of villages will soon be equipped with card-swiping machines to boost cashless payments, the finance minister said on Thursday, a month after the government banned high-value banknotes.

Prime Minister Narendra Modi unleashed chaos with his shock announcement last month that all Rs500 and Rs1,000 ($7.30, $14.60) notes—some 85% of all bills in circulation—would cease to be legal tender.

The move triggered a chronic shortage of cash with people forming long queues outside banks across the country for hours to get rid of their old notes. Cash accounts for 90% of transactions in India where millions rely heavily on notes for their daily transactions.

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India's Jayaram Jayalalitha Still 'Critical' After Heart attack

One of India's most popular and powerful politicians, J Jayalalitha, remains in a critical condition after suffering a heart attack on Sunday night, the hospital treating her said.

The statement from the hospital added she was still on life support systems.

Ms Jayalalitha has been receiving treatment for months and was last seen in public in September.

The former film star has been Tamil Nadu chief minister four times and is revered in the state.

Original Source:- http://bbc.in/2h4Uk4J

Real Estate, Mobile Phones, Cars: Currency Ban Batters All Sectors

In the first real evidence of the impact of demonetisation on economy, data coming in on Thursday showed a sharp drop in consumer purchases in November, with mobile phones, FMCG, home appliances, real estate, and cars bearing the brunt.

There is hope of a recovery once the cash crunch ebbs, but, for now, the news is grim. Sales of fast-moving consumer goods (FMCGs) – soap, detergent, toothpaste and cosmetics – were down 30% in November over the period last year.

A drop in car sales varying from 15% to 40% has been reported by dealers. Small towns, where mobile phone business was booming just a few weeks ago, have seen a 70% drop while 35% fewer phones were sold in cities.

Real estate  reported a 50% fall in inquiries, 30% in resale prices, and 20% in searches online and air tickets sold 15% less in November, forcing carriers to cut average fares on the 11 busiest routes by 20% to 30%..

Original Source: http://bit.ly/2gszXRT

Auto majors sail through Nov, brace for note ban impact in Dec

While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.

The passenger vehicle market felt the jitters of the government’s move to demonetise high-value currency of notes Rs 500 and Rs 1,000, with wholesale volumes rising by just four per cent last month. 

However, some companies, including market leader Maruti Suzuki, Tata Motors and Toyota Kirloskar, managed to post double-digit increase in November, as dealers indulged in building the inventory after Diwali and also brace for the ongoing marriage season.

Original Source: http://bit.ly/2fNAf6H

Here's How Dalal Street is Reacting To The Passage of the GST Bill

The Goods and Services Tax has become a reality as the Rajya Sabha passed the GST Constitution Amendment Bill with unanimous votes on Wednesday. 

The amendment is the 122 nd to the Constitution and will now head to the Presdent of India's door after it was earlier passed in the Lok Sabha. 
Here's how Dalal Street reacted to the passage of the Bill: 

Mihir Vora- Director and Chief Investment Officer, Max Life Insurance 
The passage of the Bill further enhances confidence in India's commitment to economic reforms. 

While implementation will take a few quarters, the writing is now on the wall - the organized sector will gain at the cost of the informal sector. 
In the short-term there may be some fiscal strain (depending on the rate finally implemented) but in the long-term, tax buoyancy will help in narrowing down the deficit. 

Original Source: http://bit.ly/2gPfeWs

New Income Disclosure Scheme: Do or Die For Black Money Holders.

After PM Modi's surgical strike on black money, cases of cash crunch, money laundering, and illegal exchange of discontinued notes started to surface which led to economic fiasco. So, after analyzing the recent developments, a new scheme Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) for disclosure of unaccounted money has made its way through Lok Sabha . Pradhan Mantri Garib Kalyan Yojana, 2016 gives an opportunity to all the black money hoarders to come out clean by declaring their undisclosed income and paying heavy taxes and penalty. The provisions of scheme require declarations to pay-

Which amounts to approximately 50 % tax of the undisclosed income. Apart from paying tax and penalty, the declarants will also be required to deposit 25% of the amount disclosed in the Pradhan Mantri Garib Kalyan Yojana, which will be interest free deposits locked in for a period of 4 years. After analysing the provisions of the new scheme and the amendments made in the existing provisions of the Income Tax Law, a person holding black money is left with three options- (a)    Declaring income under PMGKY, by filling a declaration form attracting a tax of 50% (30% tax, 33% surcharge on tax, 10% penalty) and depositing an additional 25% of income in the Pradhan Mantri Garib Kalyan Yojana, 2016 (which is refundable after 4 years) 

Original Source:- http://bit.ly/2fNqhTa