Gulf News
Confusing crossing – GULF NEWS – Community Report Dt 25.03.2012
Confusing crossing – GULF NEWS – Community Report Dt 25.03.2012
Confusing crossing
- By Ramesh Menon, Gulf News Reader
- Published: 00:00 March 25, 2012
Right: The pedestrian crossing is for handicapped only but the sign escapes the attention of residents who are at risk of being fined.
The area around Abu Dhabi Mall is one of the busiest places in the emirate, especially during the early mornings and evenings. There is always a constant flow of visitors to the numerous embassies, shops and offices situated there.
Rousing start to Abu Dhabi Festival – My Letters – GULF NEWS Dt. 21 March 2012
Rousing start to Abu Dhabi Festival – My Letters – GULF NEWS Dt. 21 March 2012
- Staff Report
- Published: 00:00 March 21, 2012
Abu Dhabi: The seventh edition of the Abu Dhabi Festival was inaugurated at a special ceremony at the Emirates Palace Hotel attended by dignitaries, guests and members of the public, on Monday.
Iraqi artist Hassan Massoudy’s specially commissioned calligraphy exhibition ‘Gestures of Light’ was the highlight of the evening’s programme along with a performance by internationally renowned musician Anoushka Shankar, who is widely regarded as one of the world’s leading sitar players, and the only artist to be trained exclusively by her father, the legendary Ravi Shankar.
“Every year we aim to showcase the diversity of the world’s artists and genres by bringing a taste of global music and performances to the nation’s capital. With Anoushka’s involvement in this year’s festival, we broke new ground with her mesmerising young talent renowned the world over and set a new bar for future performances,” said Hoda Al Khamis Kanoo, founder and artistic director of the Abu Dhabi Festival.
Students honoured
Additionally, outstanding Emirati students from the UAE University, Zayed University and the Higher Colleges of Technology were recognised for their participation in initiatives supported by the Abu Dhabi Music and Arts Foundation.
They included the Young Media Leaders programme, which provides training for careers in the media and the Theatre-in-Education (Tie) programme, a series of workshops led by the City University of New York’s creative arts team.
The festival also presented a lifetime achievement award posthumously to Dr Walid Gholmieh, a prominent conductor, composer, scholar and activist for western classical music in the Middle East, and a defining influence in Lebanon’s classical landscape.
The 27-day event, which will end on April 6, includes 168 cultural and artistic events across the UAE.
My comments as follows:
Indian federal budget fails to impress the majority – My letters – Gulf News 16 March 2012
Indian federal budget fails to impress the majority – My letters – Gulf News 16 March 2012
Indian federal budget fails to impress the majority
Analysts said the budget did not make a serious effort to rein in subsidies. The Finance Minister announced that from 2012-13 while subsidies related to food and for administering the Food Security Act will be fully provided for, all other subsidies would be funded to the extent that they can be borne by the economy without any adverse implications. He said that the government will endeavour to restrict the expenditure on central subsidies under 2 per cent of GDP in 2012-13and over the next three years, it would be further brought down to 1.75 per cent of GDP.
“The market was hoping for a lower deficit for the next financial year, so disappointing from that perspective. India continues to have the largest fiscal deficit within emerging Asia, hence expect this to weigh on the rupee,” said Jonathan Cavenagh, foreign exchange strategist, Westpack, Singapore.
In the budget estimates for 2012-13, the gross tax receipts are estimated at 10, 7.76 trillion which is an increase of 15.6 per cent over the Budget Estimates and 19.5 per cent over the revised estimates for 2011-12. After devolution to States, the net tax to the central government in 2012-13 is estimated at Rs 77 trillion. The Non Tax Revenue Receipts are estimated at Rs16.46 trillion and Non-debt Capital Receipts at Rs 4.16 trillion. The total expenditure for 2012-13 is budgeted at Rs149 trillion. Of this Rs52 trillion is the Plan Expenditure while Rs96.9 trillion is budgeted as Non Plan Expenditure.
Tax proposals
The tax proposals are guided by the need to move towards the Direct Tax Code (DTC) in the case of direct taxes and Goods & Services Tax (GST) in the case of indirect taxes. For now it appears that the DTC has been deferred from the planned implementation from April 1, 2012.
Individual income upto Rs200,000 will be free from income tax; income upto Rs 180,000 was exempt in 2011-12. Income above Rs500,000 and upto Rs 1 million now carries tax at the rate of 20 per cent; the 20 per cent tax slab was from Rs500,000 to Rs800,000 in 2011-12. A deduction of up to Rs10,000 is now available for interest from savings bank accounts.
The budget made an attempt to widen the service tax base. All services will now attract service tax, except those in the negative list. The negative list has 17 heads and includes specified services provided by the government or local authorities, and services in the fields of education, renting of residential dwellings, entertainment and amusement, public transportation, agriculture and animal husbandry. Service tax rate is being increased from 10 per cent to 12 per cent, with consequential change in rates for services that have individual tax rates. The standard rate of excise duty for non-petroleum goods is also being raised from 10 per cent to 12 per cent. No change is proposed in peak rate of customs duty of 10 per cent on non-agricultural goods.
The direct tax proposals in the budget will result in a net revenue loss of Rs 450 billion and the raising of indirect taxes will result in a net revenue gain of Rs 4.6 trillion resulting in a net gain of Rs 4.1 trillion.
“The finance minister is looking to collect large sums of money through indirect taxes, probably to mitigate the fiscal situation, but this could have an impact on consumption,” said Deven Choksey, managing director of K R Choksey shares & Securities, Mumbai.
My comments as follows:
To read it in original, please visit GULF NEWS online.
Parents of Sharjah road crash victims seek answers – My letters – Gulf News 15 March 2012
Parents of Sharjah road crash victims seek answers
So upset
To read it in original, please visit GULF NEWS online
Parents urged not to drive with children on their laps
Parents urged not to drive with children on their laps – My Letters – Gulf News Dt 31.01.2012
<!– document.write('’); //–> window.onload=initial;
-
13: infants were hurt in road accidents in 2011
-
20: infants were injured the previous year
This is a common scenario. I get to see and keep a controlled silence, because, I wonder, what they think about their own safety, their child’s safety, others who are in the car, and on the road at the same time with them. I really do not know. Women are not exemption. Last week, while driving on Shaikh Zayed Road, I watched with awe a woman, with a fully tinted four wheel drive speeding with her child on her lap (between the door and the seat) and even more, talking on the phone. God, save us, and reach us back home safe, that is the only prayer, I have, when I drive each time from Abu Dhabi to Dubai and back.
A safety culture is critical – Gulf News Community Report – Dt 24.01.2012
A safety culture is critical – Gulf News Community Report – Dt 24.01.2012
A safety culture is critical
— The reader is a technical officer, based in Abu Dhabi
To read it in original, please visit, GULF NEWS online.
Phone-in dangers – Gulf News Dt. 27.10.2011
Phone-in dangers
From Mr Ramesh Menon
Abu Dhabi
To read it in original, visit GULF NEWS online.










You must be logged in to post a comment.