List of Due Date for Statutory Payments

 QUICK VIEW ON INCOME TAX E-FILING STATISTICS FOR F.Y 2012-13

Why INR currency is sinking in the universal currency ocean ???

First 10 Reasons why INR currency is sinking in the universal currency ocean

•  Widening Current Account Deficit: (FEMA) The widening gap between what India earns from the rest of the world and what it pays to them is pushing up demand for the dollar and other foreign currencies.

•  Policy Inaction: Perception of lack of clarity on policy front is also fanning speculative demand wherein the Reserve Bank of India (RBI) on one day said it will tighten liquidity and on yet another said it will inject $1 billion into the market.

•  Falling Forex Reserves: India's foreign exchange (Forex) reserves are enough to cover imports of seven month only. The forex reserves have steadily declined in the recent months, due to which the RBI can't intervene aggressively sell dollars to prop up the rupee.

•  Economic Slowdown: India's gross domestic product (GDP) growth fell to a decade low of 5% in 2012-13 and 4.5% in the January-March quarter. As a result, foreign investors are losing confidence and pulling money out of the Indian markets.

•  Dependence on Foreign money: India's current account deficit was financed by foreign money for the last many years. Withdrawal of money by overseas investors is leading to the weakness in the rupee.

•  Recovery in the US: The slow but steady recovery in the US is making the greenback stronger against other currencies, as investors pull out money from other markets to reinvest in the US.

•  Stimulus Withdrawal: Indications that the US may withdraw or ease the fiscal stimulus package could potentially tighten liquidity in global markets and put the brakes on funds for developing economies.

•  Capital Controls: The decision by the Reserve Bank and the government to impose temporary restrictions on capital flows has not gone down well with the markets. It  not only discourages Indian companies from investing abroad, but also foreign firms from pumping money into India.

•  Trends in other markets: The rupee is also following the trend seen in the currencies of other emerging economies such as Brazil, Indonesia, Russia and South Africa. Only China has seen its currency appreciate against dollar in recent times.

•  Speculative Trading: Speculative trading in the currency markets is putting further pressure on the rupee.

What is the remedy for this problem??? how can we save our economy???

In 1970 1$ = Rs. 4

Today 1$ = Rs. More than 62

Estimated 1$ by end of the year = Rs. 70

Dollar is not getting stronger, rupee is getting weaker! & nobody else is responsible for d fall, except us!

How can we change it!

Some of these small changes in our daily routine can lead to a Major difference..

here are some of the Desi Tips..the list can be increased...

1. A Cold Drink produced for 70-80 paisa sold at Rs. 9-10!  Stop drinking them, Drink Lemon juice, Lassi, Fruit juice, butter milk etc. instead of coke, pepsi.

2. Use Soaps such as Cinthol, Santoor,Medimix, Neem, Godrej brands instead of lux,lifebuoy, rexona, liril, dove, pears, hamam,camay, palmolive!

3. Toothpaste-

Use Neem, babool, vicco, dabur instead of colgate, close up,pepsodent, cibaca

4. Toothbrush

Use prudent, ajanta,promise instead of colgate, close up, oral-b, pepsodent, forhans

5. Shaving cream- Use godrej, emamive,old spice,Instead of Palmolive,  Gillette

6. Blade-

Use supermax, topaz, laser, ashoka Instead of seven-o-clock, 365, gillete

7. Talcum powder- Use santoor, gokul,cinthol, boroplus Instead of ponds, old spice, johnson,shower to shower.

8. Milk powder Use indiana, amul,amulya Instead of anikspray,milkana, everyday milk, milkmaid

9. Shampoo- Use Nirma, Velvette, head and shoulders, pantene Instead of halo, all clear, sunsilk

10. Mobile connections- Use bsnl, airtel, reliance,idea Instead of vodafone

11. Food-Eat at jay bhavani, TGB, local restaurants Instead of mac-d, subway, pizza hut, kfc

12. Mobile Use micromax, karbonn, lava Instead of samsung,apple, htc, sony

13. Bikes- Use hero, royal enfield Instead of honda, yamaha

14. Footwear- Use bata, chavda Instead of nike, reebok, adidas, converse

15. Jeans and shirts Use spykar, k-lounge In stead of lee, levi's, U.s. Polo, pepe, benetton

 16. Watch Use titan, sonata,fasttrack Instead of tommy, Citizen, zodiac, tissot

Dont use products from hindustan lever, Only name is hindustan it has been taken by foreign company

We blame politicians

Now go and check the things you use and ask yourself how much do you contribute to the decreased value of RUPEE

You use these foreign made products & Government hav to pay in dollars for d same thus value of rupee Decreases.

Aren't u responsible for fall of rupee.

Samsung S4 at Rs 41k. Same features Micromax Can4 comes at Rs 17k means u waste Rs 24k and these 24k go to south Korea in dollars.

None of the indian products are subordinate in quality, they might look a bit less fancy!!

Why is china so ahead, because the whole world uses made in china items.

We indians could atleast use made in india items!