मैं लिख रहा हूँ अक्सर कि एक सीमा के बाद निजी सम्पति अगली पीढी को नहीं जानी चाहिए.......बहुत मित्र तो इसे वामपंथ/ कम्युनिस्ट सोच कह कर ही खारिज कर रहे हैं.....आपको एक मिसाल देता हूँ......भारत में ज़मींदारी खत्म हुई कोई साठ साल पहले......पहले जो भी ज़मीन का मालिक था वोही रहता था...लेकिन कानून बदला गया....अब जो खेती कर रहा था उसे मालिक जैसे हक़ दिए गए.....उसे “भुमीदार” कहा जाने लगा...यह एक बड़ा बदलाव आया...."ज़मींदार से भुमिदार". भुमिदार ज़रूरी नहीं मालिक हो... वो खेती मज़दूर भी हो सकता था....वो बस खेती करता होना चाहिए किसी भूभाग पर....उसे हटा नहीं सकते....वो लगान देगा...किराया देगा...लेकिन उसकी अगली पीढी भी यदि चाहे तो खेती करेगी वहीं. कल अगर ज़मीन को सरकार छीन ले, अधिग्रहित कर ले तो उसका मुआवज़ा भी भुमिदार को मिलेगा यह था बड़ा फर्क यही फर्क मैं चाहता हूँ बाकी प्रॉपर्टी में आये......पूँजी पीढी दर पीढी ही सफर न करती रहे...चंद खानदानों की मल्कियत ही न बनी रहे ...एक सीमा के बाद पूंजी पब्लिक डोमेन में जानी चाहिए इसे दूसरे ढंग से समझें....आप कोई इजाद करते हैं...आपको पेटेंट मिल सकता...

There is a theory in business, usage of OPM, other people's money. In other words, it is resourcing capital. In other words,it is taking loans. An idea is propagated that it is essential to use OPM to grow in business, which is right also but there are dangerous pitfalls in the way, hence the need of some understanding. See, loans are two edged swords, they can make you and it can mar you too. As soon as you take a loan from bank, your repayment to the banks get commenced as Equated monthly Instalment's (EMI), which means that not only interest but a certain part of the capital is out of your hands every month, making your capital lesser forceful. Superficially it seems that it is something good that not only interest but a certain amount of loan is re-paid every month but business-wise the whole process is not very wise. You lose processing fee as the loan gets sanctioned, then you lose the 'loan capital' every month, and if the loan does not get allo...

"LIFE INSURANCE"  Never mix life insurance with investment plans, be it money back or endowment, all wrong choices, as return from the life insurance companies is lowest and the plans are for very long periods, for decades, and before-time-exits or irregularities in paying premiums, cost heavy to the policy holders. And if anyone opts for a life-insurance-cum-investment plan, the one is certainly going to stay under-insured, defeating the very purpose of Life insurance, which simply means in case of death of the main earner/s of a family, the family's financial balance might not get affected. Do you know most of the Indians never got any benefit of Life insurance? Why, because before the advent of private players, LIC never promoted pure risk cover policy, term plan, the one and only Life insurance, LIC went on feeding people with its endowment plans, and money back plans, all shit, which kept people under insured but generated low interest rated capital f...

(1)  When they say that they can not honour the withdrawals, because of failure of their computers, they might be lying because they wanna keep the deposits with them as long as possible. Even a single day counts a lot, in aggregate they keep a lot amount with them each day, which earn a lot interest, courtesy this mal-practice. That is called , hidden unfair business, Beware! (2) When they deny stamping your cheque deposit slip and ask you to drop the cheque in a drop box directly, they are simply denying their responsibility if anything goes wrong. RBI has instructed Banks not to indulge in such a practice, hence if you insist, the banks will stamp the cheque deposit slip, kindly note. (3) When they say that it takes three days to clear a cheque, they lie most of the times, cheques get cleared in a single day many times but they keep the amount with them for one or two days. Thus always keeping a huge amount with them in aggregate, which earns a lot of interest. T...

1) Share Market is a way for the big capitalists to collect capital from the smaller capitalists.I do not believe in a capitalist society, my advise is just to save the smaller capitalists from the bigger ones for their survival and valid only till we devise a society free of capitalism. 2) Share market is no place for day trading type gamblers, you are going to lose, no matter what tips or tricks you use. 3) Buying shares of a company means that you are becoming a partner in the particular business of that company. Never invest in a business which you do not understand yourself, suppose a company declares that it will import aliens from Mars and export to Venus, invest only if you understand the depth of their concept. 4) Never take an investment plan from an life insurance company, take life insurance (term plan only) from them and if you wanna invest, invest yourself, in National Saving Certificates or in share market or in some other investment instrument only. 5)Investi...

Kindly go through the article carefully and assure you by the end you will clearly understand what I mean. Relevant questions are welcome. Here we go......... On 24th Sep/2001, law about registration of properties got changed. Registration of AGREEMENT TO SELL was made mandatory. And stamp duty on this registration was fixed almost equivalent to the SALE DEED. Now see, what Sheila Government did, it issued a mandate,"GPA can be registered only along-with agreement to sale except in case of blood relation. Duty equivalent to registration of sale deed needs to be paid in case of GPA o ther than blood relations." Do you understand, what was the impact of this mandate? GPA is General Power of Attorney, by which someone authorizes someone else on one's behalf for certain jobs. Now people of Delhi, whosoever wanted to get GPA registered had to compulsorily register an Agreement to sell also and had to pay stamp duty to the Govt equivalent to sale deed.  Two ...

अस्सी के दशक के खतम होते होते हम लोग पंजाब से दिल्ली आ गए थे.......उन दिनों यहाँ प्रोपर्टी का धंधा उछाल पर था.......जैसे हम पंजाब से आये  और भी बहुत लोग आये थे...........फिर कुछ ही समय बाद कुछ लोग कश्मीर छोड़ दिल्ली आ गए.....वो भी एक फैक्टर रहा प्रॉपर्टी में उछाल का....सो यहाँ प्रॉपर्टी के रेट दिन दूने रात चौगुने होने लगे...ज़मीन आसमान   में उड़ने लगी वैसे असल कारण यह नहीं था इस बढ़ोतरी का....असल कारण यह था कि प्रॉपर्टी दिल्ली का, भारत का स्विस बैंक था......सब अनाप शनाप पैसा प्रॉपर्टी में लगता था .....जिनको प्रॉपर्टी की कोई ज़रूरत नहीं थी वो लोग ब्लैक मार्केटिंग कर रहे थे. आप घी, चावल, चीनी स्टोर नहीं कर सकते, यह गैर कानूनी है, ब्लैक मार्केटिंग है लेकिन प्रॉपर्टी स्टोर कर सकते हैं, यह इन्वेस्टमेंट कहलाता है....बस इन्वेस्टमेंट के नाम  पर काला बाज़ारी होने लगी  काला बाज़ारी ज्यों चली तो दो हज़ार ग्यारह के मध्य तक चली.  उतार चड़ाव रहा  लेकिन कुल मिला  जो उतार  भी रहा वो फिर  से चड़ाव में बदल गया.  दो हज़ार ग्यारह में महीनों में प्रॉपर्टी डबल...

अभी अभी आज़ादी दिवस मना के हटा है मुल्क.....आपको पता हो न हो शायद कि आजादी के साथ अंग्रेज़ों के जमाने के बनाये कानून भी दुबारा देखने की ज़रूरत थी, लेकिन नहीं देखे, नहीं बदले ...इतने उल्लू के पट्ठे थे हमारे नेता.....बेवकूफ, जाहिल, काहिल, बे-ईमान.....सब के सब.....सबूत देता हूँ....सन 1894 का कानून था जमीन अधिग्रहण का......अँगरेज़ को जब जरूरत हो, जितनी ज़रुरत हो वो किसान से उसकी ज़मीन छीन लेता था...कोई मुआवज़ा नहीं, कोई ज़मीन के बदले ज़मीन नहीं, कोई बदले में रोज़गार व्यवस्था नहीं...भाड़ में जाओ तुम. आप हैरान हो जायेंगे कि मुल्क सन सैतालिस में आज़ाद हुआ माना जाता है लेकिन यह कानून अभी सन दो हज़ार तेरह में बदला गया. पहले इस बदलाव से पहले की कुछ झलकियाँ आपको पेश करता हूँ. इक्का दुक्का मिसालों को छोड़, हमारी सरकारों ने इस भूमि  अधिग्रहण कानून का खूब दुरुप्रयोग किया. सरकारी छत्रछाया में खूब पैसा बनाया गया ज़मीन छीन छीन कर किसान से. उसे या तो कुछ दिया ही नहीं गया या दिया भी गया तो ऊँट के मुंह में जीरा. भूमि अधिग्रहण कानून से बस  किसान की ज़िंदगी पर ग्रहण ही लगाया गया. कहते हैं भाखड़ा डैम के विस्थ...

NEW DELHI: Sale of minors' property cannot be done without obtaining court's permission, the Supreme Court today held. Quashing sale of properties of minor daughters by a widow 25 years ago, the apex court said that under Hindu Minority and Guardianship Act , sale of such property cannot be done without prior permission of the court. "As per clause (a) of subsection (2) of Section 8 no immovable property of the minor can be mortgaged or charged or transferred by sale, gift, exchange or otherwise without the previous permission of the court," a bench of S J Mukhopadhyaya and V Gopala Gowda said. "Under sub-section (3) of Section 8, disposal of such an immovable property by a natural guardian, in contravention of subsection (1) or subsection (2) of Section 8, is voidable at the instance of the minor or any person claiming under him," it said. The court turned down the plea of the mother who justified selling of the property for taking care of her...