Categories
Observations

Nani Palkhivala’s Dream finally comes true

Nani Palkhivala was one of India’s greatest sons-a top class lawyer, speaker, writer and a foremost authority on taxation.

One of his biggest peeves was Octroi in Mumbai. In his own words: “It is the only impost which taxes the people to a tolerable extent in terms of money and to an intolerable extent in terms of time and energy.”

He gave many lectures against it and tried hard to get it scrapped….but in vain.

The BMC-Politician corruption nexus was too strong for him to break.

On 01 July, 2017…his dream finally came true.

With the rollout of GST,  octroi in Mumbai (and elsewhere) was finally abolished.

He would be smiling from the heavens.

Categories
Tweets

3 words of advice from Manish Chokhani

Categories
Links

Linkfest: July 03, 2017

Some stuff I am reading today morning:

Businesses race to adapt to GST (Mint)

Equity brokers scramble to avert shutdown (BL)

The unsung heroes who made GST a reality (ET)

Why this is Indian IT Industry’s Kodak moment (Ravi Venkatesan)

Don’t underestimate India’s cunning Narendra Modi (Forbes)

Modi in Israel (Bharat Karnad)

Picking up nickels (Pension Partners)

10 best ways to ruin your financial future (Nocturne Capital)

Why we are keeping our old car for atleast 2 more years (Pete)

There is no such thing as  an Einstein Investor (Robert Shiller)

Categories
TopClicks

Top Clicks on Alpha Ideas This Week

Here are the most clicked on items this week on Alpha Ideas :

How F&O stocks are manipulated (AI)

Porinju’s Predicament (AI)

Portfolio of Miten Mehta (AI)

How to screw shareholders-Vascon Edition (AI)

Chart: NPAs -Banks Vs NBFCs (AI)

15,000 Crore realty scam in Telangana (ET)

The strange shenanigans at Amtek Auto (Quint)

Save or Invest? (Bala)

How to screw shareholders-JSW Edition (AI)

Uday Kotak’s Warnings (AI)

Categories
Links

Weekend Mega Linkfest: June 30,2017

Some off beat reads for the weekend:

The global tech investing Tsunami (Haresh Chawla)

Hong Kong is in trouble (NYTimes)

Shkreli’s hedge fund went from success to bust in 31 minutes (Bloomberg)

GST creates political risks for Modi (Jaggi)

Israel & India:  Instinctively Together (Open)

Lynching in Haryana (Caravan)

Apple’s new HQ (HBR)

Donald Trump: Troll in Chief (Atlantic)

Our contemporary notion of self-esteem (LongReads)

On zero-cost no-till natural farming (BI)

My life as an airport security guard (Guardian)

Ownership Review: Hyundai Creta (Team BHP)

Gossip: Congress’ Hindu Conscience (Gossip Guru)

Hiking: Stok Kangri Trek (Nat Geo)

Darjeeling Diary (Outlook)