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Pay your taxes/SAS scheme – BBMP

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The zonal classification of the BBMP splits properties into different zones ranging from A – F with A being the highest tax paying and F, the least.

Also, there is a handy property tax calculator where you can do your calculations in a giffy.

However, BBMP recommends you to take a look at the guide. Both the guide and the calculator are available at the link given below:

Hope this helps some prospective municipal tax payers in Bangalore.

Written by Naveen Athresh

February 14, 2009 at 6:49 pm

Property taxes in Bangalore/SAS

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There is a new scheme introduced by BBMP (Bruhat Bengaluru Mahanagara Palike) that allows property owners to pay tax as per SAS (Self assessment scheme); starting today.

The BBMP website appears to be down but will post details as and when I get my hands on them.

Written by Naveen Athresh

February 10, 2009 at 12:14 pm

Posted in Real Estate

The Satyam fiasco – Ramalinga Raju’s misadventures

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Sorry for not blogging about this earlier. I did not have access to broadband Internet at my home for the last 3 days and was working off my Blackberry for office related tasks.

While the economic and financial implications have been written about far and wide and everyone is busy reading the tea leaves, what are the lessons one take’s away from this? Before I begin my analysis, I would like to remind my readers that I had blogged on Corporate governance and sound accounting practices as early as 1.5 years ago on this very blog: and on AND on Corporate Ethics here: more than TWO years ago! Read the rest of this entry »

Why am I crazy about Wall Street/US monetary policies?

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Simply because, it has a huge impact – no matter where you are in this world!

What happens out there impacts every single country in this world. It impacts you you and you. It impacts the decision making we make on our jobs etc. It impacts our local domestic economy. No matter how much we claim of ourselves being insulated from Wall Street, the truth is its just an eyewash. We will all get affected by the mayhem on Wall Street and the effects take at least 6 months to trickle into economies such as India and China. This is what happened in the dot com bubble burst of late 2000. Read the rest of this entry »

Wachovia is in trouble

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It looks like Wachovia is going to be the next casuality to get acquired. Potential suitors include Citigroup (NYSE:C), Wells Fargo among others.

The $ 700 billion bailout is taking time but taking its casualities as well.

Going forward – I will blog more about the correlation between this credit crunch and a more economics, freakonomics type approach to understanding this credit crisis that will be of more interest to my readers. Watch this space as the new trend unfolds. It will have facts and figures to support it.

Written by Naveen Athresh

September 27, 2008 at 11:30 pm and its statistics from an year ago

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I was chancing to look upon my blog’s readership and it has skyrocketed in last few months. To give you an idea of how much the readership for has gone up by, Alexa rating has shown a consistent rise in my webpage ranking (it currently stands at 755139 worldwide and its India ranking is better at 58137. Furthermore, my year old blog stats shows my blog to have averaged 9999 hits way in May 2007. The current count stands at 77791.

Above means nothing if people don’t read posts. Simple page views/hits serve no value absolutely. The most important indicator that indicates the health status of a blog is its post:comment ratio. My blog’s average post:comment ratio is at about 1:2. This means, for every post I put up, I get double the # of comments. This ratio was about 2:1 last year at about the same time and it had not even reached breakeven. So, it is a satisfaction that my blog is a success in terms of these critical metrics.

Thank you, all for making this blog readable! Its only my readers who can turnaround this blog and I hope to keep you as repeat readers so the value of this blog is enhanced further!

Keep visiting back – you know where to look for me:!

Another delay in the Devanahalli International airport opening!

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It looks like even without a formal Government, the administration in Karnataka is equally laggard when it comes to taking quick decisions.

This airport project has again been delayed by another 1-month (the earlier date given was end of March 2008). Moreover, there has been enough hue and cry on whether to keep the HAL airport catering to needs of domestic travel since the Devanahalli International airport is not yet well connected from the city center with the typical delays that are entrenced in any Indian social sector project. Read the rest of this entry »

Texas Instruments – BA II Plus Professional Financial calculator acquired!

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I bought this advanced financial calculator (the Texas Instruments BA II PLUS Professional) for all my complicated calculations and to manage my portfolio of assets. Actually, this is primarily used only by CFA’s and CPA’s as its one of the only two authorized calculators for their examinations etc. Its cool! Read the rest of this entry »

Some macro economic predictions for 2008

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Here’s a caveat: I fully understand economic predictions are foolhardy and its a bunch of crap since it is not something that can be predicted. Famous investors such as billionnaire Warren Buffett etc. also share the same viewpoints about economic predictions not being practical due to the changing dynamics of economies worldwide!

I still choose to defy this and some of my predictions for 2008 are as follows. Do not worry – I will not try to state the obvious and this is a result of some tad bit of analytical analysis thrown in for it to have some meaning. Read the rest of this entry »

Blogging guidelines – my two cents

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What are the important factors one needs to consider before one begins to blog:

1. First, get over this obsession of Google adsense. 99/100 bloggers I meet first think of making a quick buck on adsense rather than focus on quality of their blogs and its relevance towards the topic(s) chosen! This is really very disturbing statistics. Read the rest of this entry »