Link :
http://www.youtube.com/watch?v=BkHm0SNbnKI&list=UUeYmG2G7RS6SlgNnLGVNSMQ&feature=c4-overview
Monday, February 10, 2014
We want the India on TOP...
Dear Vohra ji,
I totally and wholeheartedly agree with you. But who is responsible? We - all of us, collectively and individually for all the mess created ably assisted by our honoured politicians who are till concerned about the plight of aam aadmi but about themselves. We cannot root out all this and more menace unless all of us join hands unitedly and raise your voice unanimously and universally! But can we achieve this unanimity knowing well all this menace! However, we must try and root out the root cause for all this in a phased and planned manner over a period of time.
Best of luck and blessings,
TK Balu
-----------------
Dear Mr Vohra,
Everyone has the right to desire the way you have. But how and who will do all these big things unless we prepare ourselves, a few pragmatic persons amongs us, with zest and zeal, with honest and clean meaningful means, to take over the present rotten, dishonest, and outdated politicians.
I with all my like-minded persons, are with you always. Pl go ahead ....
M M Lal Bhasin
President
Delhi Electricity Consumers Society
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Dear Mr. Vohra,
Good thought. Let us pray for prevailing of good sense and good people to achieve the goal.
M. S. Goel
------------
Sunday, February 9, 2014
We want the India on top……..
We
want the India
We
want the India
We
want the India
We
want the India
We
want the India
I
know I have very vast desires or you can say, I want more, more & more. But
if we start this journey, believe me the destination will be quite near &
not as far off, as you might be thinking.
Don't you think so ?
Please revert !
Don't you think so ?
Please revert !
B S Vohra
Monday, February 3, 2014
No budget, but circulars galore for tax payers
Levy of service tax on services provided by RWAs to members - Clarification
In one such instance, the tax department has made a clarification on the service tax chargeable on services provided by resident welfare associations (RWA). RWAs are civic bodies representing interests of residents of specific localities. The membership to the RWAs is voluntary. All resident welfare associations are registered under Co-operative Societies Act.
The services such as providing security to the residential locality are chargeable at 12 per cent service tax. According to the clarification, such a tax will not be levied if the contribution by member is below Rs 5,000 per month. However, if the contribution breaches the Rs 5,000-ceiling, the entire amount would be chargeable under the service tax.
This brings a huge relief for the RWAs and residents who have been struggling with tax demands from the department officials.
“This is indeed a welcome clarification. There was no clarity as to what happens when the Rs 5,000-limit breaches. The tax department has also clarified that even if the amount for services is paid in lumpsum, it will not be charged with service tax,” Bipin Sapra, tax partner, EY, said.
According to the clarificatory circular, “However, a monetary ceiling has been prescribed for this exemption, calculated in the form of Rs 5,000 per month, per member contribution to the RWA, for sourcing of goods or services from third person for the common use of its members. If per month, per member contribution of any or some members of a RWA exceeds Rs 5,000, the entire contribution of such members would be ineligible for the exemption.”
RWAs provide a host of services like maintenance of common areas, facilities including lift, water, health and fitness centre, swimming pool, payment of electricity bills for the common area and lift among other things.
Further, in cases where the RWAs act as pure agents and provide services to its members, like submitting electricity bill of a member to the discom, it will be exempt under the service tax. “Electricity has been one of the major issue as in many cases, RWAs have been acting as pure agent on behalf of residents,” Sapra said.
RWAs, it has now been clarified, will also be eligible for CENVAT credit for the service tax paid, which ultimately will trickle down to benefit taxpayers, Sapra added.
with thanks : Indian Express : LINK
BSES Rajdhani, BSES Yamuna get power supply suspension notices
New Delhi: NTPC on Saturday served notices of power supply suspension to the two Anil Ambani-owned distribution companies in Delhi due to payment issues.
The state-owned utility said BSES Rajdhani and BSES Yamuna had not maintained letters of credit of adequate value, a prerequisite for getting power from NTPC stations.
Since BSES Rajdhani and BSES Yamuna have not been able to provide the requisite payment security mechanism, notice for regulation of power supply for 90 days starting February 11 has been issued to both companies.
A spokesperson for BSES Rajdhani and BSES Yamuna declined to comment on the matter. Anil Ambani is the Chairman of Reliance Infrastructure, which owns the BSES companies and distributes electricity to homes in Delhi and Mumbai.
"In spite of our repeated follow-up and meeting with senior officials of BSES Rajdhani, the company has not been able to give any letter of credit for the full value within seven days, which is a breach of PPA (power purchase agreement) provisions," NTPC said in a notice today to BSES Rajdhani.
In a separate notice, NTPC said BSES Yamuna has not been able to reinstate the letter of credit for the full value so far, which is a breach of PPA provisions.
The Central Electricity Regulatory Commission (CERC) empowers generation companies to regulate power supply in case letters of credit, which are assurances of payment, are not maintained.
"CERC (Regulation of Power Supply) Regulations, 2010, also provide for regulation of power supply in case of non-maintenance of the required letter of credit or other agreed payment security mechanism (PSM)," the company said in the notice.
Last month, BSES Rajdhani re-instituted the letter of credit on January 29, against the due date of January 7, NTPC said, adding that currently there is no letter of credit available.
BSES Rajdhani's last letter of credit was encashed yesterday, leaving a shortfall of Rs 27l.61 crore, NTPC said.
"There is a payment shortfall of Rs 96.07 crore on BSES Yamuna which, as per PPA provisions, should have been paid by January 31," NTPC said.
The present allocation of power to BSES Rajdhani from NTPC stations is l,26l MW and for BSES Yamuna it is 811 MW.
BSES Rajdhani distributes power to over 18.5 lakh customers in south and west Delhi, including Alaknanda, Vasant Kunj, Saket, Nehru Place, Nizamuddin, Sarita Vihar, Hauz Khas, R K Puram, Janakpuri, Punjabi Bagh, Tagore Garden, Vikas Puri, Palam and Dwarka, according to its website.
BSES Yamuna has 13.5 lakh customers in central and east Delhi, including Chandni Chowk, Daryaganj, Paharganj, Shankar Road, Patel Nagar, Krishna Nagar, Laxmi Nagar, Mayur Vihar and Yamuna Vihar.
The other distribution company in the national capital is Tata Power's North Delhi Power Ltd.
With thanks : PTI : LINK
Saturday, February 1, 2014
East Delhi Power Cut ?
Dear Sir,
Our residents are strongly in support. How can the BSES do power cut when the public is paying their bills in time. BSES say they don't have money to purchase power. Your balance sheet showed profit, where has the money gone then?
If BSES tried to play the tricks to pressurise the Delhi Govt, we request Dr Harshvardhan ji to launch a protest, we all will support you.
R. N. Gupta
General Secretary
Priyadarshini Vihar RWA
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