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investor
Senior Member
Joined: 06/Sep/2006
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Posts: 1745
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   Posted: 28/Feb/2008 at 11:44am |
Sure you can. If BigB can be given farmer status, then im sure anybody else can!! 
Originally posted by nitin_jagtap
Originally posted by smartcat
I think I'm a small and marginal farmer. I'm the one who gets vegetables & fruits everyday from the market! |
Cat I have a small 30*40 site in my name and grow some tomatoes and cucumbers there so I qualify as a farmer..I am planning to write to the FM asking him to get my personal loan waived off.  |
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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investor
Senior Member
Joined: 06/Sep/2006
Online Status: Offline
Posts: 1745
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Posted: 28/Feb/2008 at 11:45am |
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Presenting his fifth Budget and the last one before the general elections, Chidambaram announced waiver of Rs 50,000
crore worth of loans to small and marginal farmers and a settlement scheme for other farmers that would cost the
exchequer another Rs 10,000 crore.
So where will the money come from? Is he going to tax
us more? Wait with bated breath as he is about to roll out his tax
proposals in a moment...
source: rediff budget commentary
Edited by investor - 28/Feb/2008 at 11:45am
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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kanagala
Senior Member
Joined: 31/Mar/2007
Location: India
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Posts: 1229
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Posted: 28/Feb/2008 at 11:57am |
I have to call my Dad and see if he has taken any loans. 
Edited by kanagala - 29/Feb/2008 at 12:07pm
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While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
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kanagala
Senior Member
Joined: 31/Mar/2007
Location: India
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Posts: 1229
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Posted: 28/Feb/2008 at 11:59am |
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So, PSU banks are also taking the psu oil companies path.
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While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
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nitin_jagtap
Senior Member
Joined: 29/Dec/2007
Location: India
Online Status: Offline
Posts: 1283
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Posted: 29/Feb/2008 at 12:05pm |
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Any annoucements on SEZs ?
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Warm REgards
Nitin Jagtap
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kanagala
Senior Member
Joined: 31/Mar/2007
Location: India
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Posts: 1229
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Posted: 29/Feb/2008 at 12:12pm |
- Waivers amounts to around Rs 50,000cr, or 4% of total bank loans
It is going to be a some hit on book values.
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While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
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investor
Senior Member
Joined: 06/Sep/2006
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Posts: 1745
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Posted: 29/Feb/2008 at 12:15pm |
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"Asset management service under mutual funds, services by
stock exchanges to be brought under Services Tax net."
- looks like MF and stock transactions will become costlier, as they will likely
pass on this ST to the investors.
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 29/Feb/2008 at 12:16pm |
Banks will be reimbursed. I do not want to think of something like an Oil Bond!!!
Increase in personal tax exemption limit to be positive for consumer companies, banks that are catering to the up market citizen and normally to everyone who is dealing with that class of people..
Increase in short term capital gains is a big negative.
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