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Saturday, March 3, 2018

ONLINE PURCHASE V/S GROUND PURCHASE


Since last 15 days I am searching on various online sites to purchase sandals for coming season of summers, after looking at various scheme and offers on different sites like cash back, discount etc. and feedback I felt that the online sandals will be different than the shown on website and not up to the mark. I also inquired the rates from some retail local vendors and found that still in the age of internet my local retail vendor is offering fewer prices than online. If the local vendor is wholesaler than the price gap will be more. In offline purchase i can see, touch and check the product physically while online it is not possible.

Also I am very much sure that I can complain / return / replace back the product immediately for any defects.

In my case of sandals the online prices are approximately 10% more than ground purchase.

I also felt same about clothes purchase online.

At last purchase my sandals at local vendor.

Although about electronics the online websites offer cheaper options than ground purchase as I purchase laptop last year and a mobile this year.


Tuesday, February 27, 2018

GST V/s Country Growth

Since the implementation of GST (Goods & Service Tax) some of the following questions pending are as under :-

It is not clear that whether it is useful for country growth or NOT?

Did government revenue has increased in comparison to VAT or NOT?

Does GST stopped the trade cycle of business?

I think in starting month of implementations traders, businessmen and others have paid more taxes due to less knowledge and fear and government tax collection increased but due to political interference and increased knowledge the tax collections reduced later on.

When E-way bill is made mandatory it will definitely increase the revenue collection of government.

Probable date of launching E-way bill is 1st April 2018 as per the unconfirmed news.

I think business houses will increase their margin under cover of E-way and needs
to pay more taxes to get abided by law and surely it will be a nice move.

HOPE THE FAIR BUSINESS PRACTICE WILL INCREASE!

Monday, February 26, 2018

Electric Vehicles

Indian government is pushing for electric vehicles in India to reduce pollution levels as well as removing dependency of country on Petroleum. Many automobiles companies are launching their electric cars and bikes.  Right now they are not available in showrooms and will take some time to come into open market. Also the peoples will have many questions about new electric vehicles like their power, the facilities available in it, their registration and price will be a very main factor. 

Hope that in coming 2-3 years we will be able to see electric vehicles on the roads. As per my estimates they needs many improvements based on the feedback, complains, suggestions when they are used by peoples because that will be real testing. It will take another 2-3 years and after 10 years  the electric vehicles will completely overtake the current fuel based vehicles. It is very hard to say whether they will be cheap or costlier in comparison to current fuel based vehicles.

A important factor will be infrastructure required for charging of these vehicles.

Government of India should offer some subsidy on electric vehicles to make it popular and cost effective. Also automobiles companies must try that they get charged during day hours as soon as they come in contact with sunlight.

Here are the latest updates on after death proceedings for late Sridevi