Posted on :
10:49 AM
| By :
Tornado_strikes
Indian Interpreneurs (internet entrepreneurs) were seen outraged since last night when Paypal sent out an "Advanced Notice for Changes to PayPal User Agreement for India". Facebook and twitter are now resounding with screams of budding bloggers and small scale IT service providers voicing their anger over their inability to receive payments or purchace goods and services through the massively popular online payment portal - Paypal.
For the information of our readers I would like to list a few points as notified to us by Paypal.
Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from the buyer in respect of the goods or services; and
Export-related payments for goods and services into your PayPal account may not exceed US$500 per transaction.
Obvious enough, RBI and Income Tax department are trying to reign in tax evaders who receive online payment and spend them back on the internet. Such kind of income is not easily trackable.
To instantiate a case :-
I receive $600 in cash for a service through paypal and then Use the same to buy an iPhone. So that is no income as it appears to our IT system, while the case is not so.
There had been similar attempts last year around this time but it was latter brought back to normal. Some people might agree its a step in the right direction. But that definitely is not. Apart from hurting the livelyhood of thousands of budding young entrepreneurs its actually instigating people to evade further taxes.
This counter measure to track online income actually looks childish. If thats the best people at RBI and finance ministry can plan for us then I must say its time the oldies and incompetent be handed early retirement. How is this actually going to benefit anyone?
Instead why cannot we consider an option of this kind. Workout an agreement with Paypal to divulge transaction details of Paypal users earning above $1000 a year.
Or make it mandatory for everyone receiving above $500 to file an IT return.
Why should the purchases be blocked?
What do they want to prove by limiting payments to $500? Is it that hard to figure out that multiple accounts can be created in different names to receive amounts. If you are looking at netting the tax evaders they are already smart enough. Instead you are only geopardising the careers and interests of our future IT generation.
When we have our leader stacking away their black money in foreign tax havens our laymakers give the struggling professionals a hard time while earning their livelyhood. What a country?
This is a guest article by Rooturaj Pattanaik, Director - NewDelhi SEO. The author is an E-Business consultant who helps small business startups take shape and flourish on the web. He can be contacted at @rooturaj.
Posted on :
12:22 AM
| By :
Tornado_strikes
When it comes to construct a tall building, proper management and planning is required to make it safe as far as workplace casualties are concerned. In the major cities, there are strict administrations followed with the
OSHA policy. Apart from the working permits given by the city administrators, it’s the safety of the workers which should be taken in account by the construction companies.
Several procedures are carried out in constructing a building right from details of the project, their progress, the safety index or you can say the number of accidents happened during the construction so far. All these information are posted on a billboard on the construction site and are strictly followed.
Before starting a project, the OSHA (Occupational Safety and Hazard Administration) is implemented and a Safety Engineer (SE) is hired by the construction company. All the required training, drills, equipments and tools that are needed for safety at a workplace are coordinated by the engineer. He remains responsible for the safety concerns. For this, he should well be trained in First Aid and Emergency to qualify in the position. At times, possibility of falls may be arise. So he maintains an everyday safety records.
For safety at the construction site, various procedures and policies are drawn and designed. Workers are divided into groups or divisions headed by each representative for each group to look out for safety levels go around him. Responsibilities are assigned to every person by the engineer and in case falls occur or any safety related issue arises the representatives will have to report them to the management.
Methods to avoid the falls possibility are recommended by him including fall protection devices like quality hard hats, harness and additional railings. Lifelines and Fall Protection Safety Nets are some of the measures followed for Fall Arrest Systems. These nets are surrounded around the edges of the levels to catch and prevent workers from falling. The chances some unseen catastrophe and accidents can also be avoided by proving training to some of his key persons.
The
job of a Safety Engineer is not easy as he has to work with different people and at the same time needs to have a check on the safety aspect of construction site. There are many instances of Safety Engineers being fired because of death of workers on sight. His job weighs a high responsibility.
This procedure is also followed in Aircraft Fall Protection though completely different things are used there. Specifications of the aircraft make the job tough with different tools and devices.
Now-a-days, it is easier to keep up the safety prospects high with technological advances. But it should be better for construction companies to maintain their safety record and wait for some time till their next certification.
Posted on :
3:34 AM
| By :
Tornado_strikes
Citing a recent post on New York Born is glad to report that construction Industry is looking positive in recent times. After a long slump [
ref] now construction companies are seeing more orders.
Construction orders rose 1 percent in the three months to November compared with the previous three months, giving an annual rise of 4 percent, official data showed on Thursday. The Office for National Statistics said private housing orders were 56 percent higher in the three months to November compared with the
previous three months and were 23 percent higher than a year ago.
Infrastructure orders were 28 percent lower than in the previous three months but shot up 102 percent on the year, while private commercial orders were up 17 percent on a three-month/three-month basis but were down 34 percent on the
year.
With this we hope the requirement for manpower professionals like
constructions and safety engineers will rise too. Rise in constructions orders will spur a demand for metals and constructions material as well. Historically growth of Infrastructure and Real Estate sectors has been associated with a strong economy. So shall we take it as a strengthening economy? Time will say.
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