Wednesday, February 20, 2013
Monday, February 27, 2012
Who want crumpled 500 Rupee Note??
Prakash Iyer, MD, Kimberly-Clark Lever and Executive Coach Shares two important management lessons he learnt from a 500-rupee note. Read on…..
It happened some years ago but I can recall the evening like it happened just last week.
I was in an audience listening to a motivational guru.
I was in an audience listening to a motivational guru.
The speaker whipped out his wallet and pulled out a five hundred-rupee note.
Holding it up, he asked, "Who wants this five hundred rupee note?"
Lots of hands went up. Including myself.
A slow chorus began to build as people began to shout "Me!" "Me!"
I began to wonder who the lucky one would be who the speaker would choose. And I also secretly wondered -- and I am sure others did too -- why he would simply give away five hundred rupees.
Even as the shouts of "I want it" grew louder, I noticed a young woman running down the aisle.
She ran up onto the stage, went up to the speaker, and grabbed the five hundred-rupee note from his hand. "Well done, young lady," said the speaker into the microphone.
"Most of us just wait for good things to happen. That's of no use. You've got to make things happen."
The speaker's words have stayed with me ever since.
'Simply thinking about doing something is of no use'
our lives are like that. We all see opportunities around us. We all want the good things.
But the problem is we don't take action.
We all want the five hundred rupee notes on offer. But we don't make the move. We look at it longingly. Get up, and do something about it. Don't worry about what other people might think. Take action.
2. Several years later, it was another day, another time. And another motivational guru.
As I watched him pull out a five hundred rupee note and hold it up for all to see, I thought I knew what he was going to do next. But he just asked a simple question. "How much is this worth?"
"Five Hundred rupees!" the crowd yelled in unison.
"Right," said the speaker. He then took the note and crumpled it into a ball and asked "How much is it worth now?"
"Five Hundred rupees!" screamed the audience.
He then threw the note on the ground, stamped all over it and picked up the note and asked one more time: "And how much is it worth now?"
"Five Hundred rupees!" was the response.
"I want you to remember this," said the speaker.
"Just because someone crumples it, or stamps on it, the value of the note does not diminish.
We should all be like the five hundred rupee note. In our lives, there will be times when we feel crushed, stamped over, beaten. But never let your self-worth diminish. Just because someone chooses to crush you -- that doesn't change your worth one bit! “
“Don't allow your self-worth to diminish because someone says something nasty -- or does something dirty -- to you."
'Never let your self-worth diminish'
Monday, February 13, 2012
The women reacted, whereas the waiter responded.
RESPONSE VS REACTION
At a Restaurant, a cockroach suddenly flew from somewhere and sat on a lady. She started screaming out of fear. With a panic stricken face and trembling voice, she started jumping, with both her hands desperately trying to get rid of the cockroach. Her reaction was contagious, as everyone in her group also got panicky.
The lady finally managed to push the cockroach away but it landed on another lady in the group. Now, it was the turn of the other lady in the group to continue the drama.
The waiter rushed forward to their rescue. In the relay of throwing, the cockroach next fell upon the waiter.
The waiter stood firm, composed himself and observed the behavior of the cockroach on his shirt. When he was confident enough, he grabbed it with his fingers and threw it out of the restaurant.
Sipping my coffee and watching the amusement, the antenna of my mind picked up a few thoughts and started wondering, was the cockroach responsible for their histrionic behavior? If so, then why was the waiter not disturbed?
He handled it near to perfection, without any chaos.
It is not the cockroach, but the inability of the ladies to handle the disturbance caused by the cockroach that disturbed the ladies.
I realized that, it is not the shouting of my father or my boss or my wife that disturbs me, but it’s my inability to handle the disturbances caused by their shouting that disturbs me. It’s not the traffic jams on the road that disturbs me, but my inability to handle the disturbance caused by the traffic jam that disturbs me.
More than the problem, it’s my reaction to the problem that creates chaos in my life.
Lessons learnt from the story:
I understood, I should not react in life. I should always respond.
The women reacted, whereas the waiter responded.
Reactions are always instinctive whereas responses are always well thought of, just and right to save a situation from going out of hands, to avoid cracks in relationship, to avoid taking decisions in anger, anxiety, stress or hurry.
---Author Un-Known
Saturday, December 31, 2011
My 2012 New Year Resolution for all of you
Firstly I WISH ALL MY DEAR FRIENDS A HAPPY AND PROPOROUS NEW YEAR.
In this New Year I pray to god to grant 2 things to all my friends.
1. Whatever you are waiting for from a long time and which is most needed for you. May god should grant you those this year.
2. I heart fully pray to god that all of you must have at least 30 most memorable and unforgettable days out of this 365 day year.
This should turn out as one of good and fruitful year to all of you.
Good days are those which we feel sad when we recollect after 5-10 year and think as “those are the days we enjoyed. Those are the days which we spent happily”.
Bad days are those which we laugh when we recollect after 5-10 years and think as “How did I behave so immaturely? How did I do that?” J
Good days are needed for today’s happiness and bad days are to laugh in future. Face all the days with a hope.
I hope you will have mixture both days this year.
Love your parents and take good care of them. Try to make them as happy as possible.
***************HAPPY NEW YEAR ONCE AGAIN.**********************
Yours Ever Loving Friend
Vinay Prasad Vutukur
Tuesday, September 13, 2011
My quote for the day!!!
Q: When have you taken a daring/unwanted/risky/unwillingness/life changing decision?
A: Whenever it is matter of survival/hunger/necessity, I did!!!
Few more collections of Inspiring Words!!!
“The only way to discover the limits of the possible is to go beyond them into the impossible.”
--Arthur C. Clarke
How do you instinctively respond when the going starts getting more than just a little tough? Do you intuitively rise up to meet the challenge or do you instead bend or even break under the pressure? Do you automatically summon forth the extra effort required to go above and beyond the call of duty or do you toss in the towel and call it quits? The way you naturally respond to life’s difficulties speaks volumes about your character — or lack thereof. Life quite often forces us to rise up to meet a wide array of daunting challenges tossed in our paths. Like it or not, stumbling blocks of all types and sizes can appear suddenly and without warning; obstacles that must be confronted and conquered if we’re ever going to reach our full potential on earth. And it’s in these precious split seconds — where we dare or decline to put our best to the ultimate test — that our fate and fortunes are decided.
“The first duty of man is to conquer fear; he must get rid of it, he cannot act till then.”
--Thomas Carlyle
Whether we elect to bite the bullet and take on life’s challenges head on or alternatively turn tail and run for cover will in large measure determine how far we go and how high we fly in life. And it’s in these daily tests of our strength, commitment and determination that we shape our futures and define our destinies. We can either make it — or break it — in the blink of an eye.Oh sure, it’s easy to utter the all too familiar phrase, “I’m doing the best that I can” when things appear bleaker than bleak and hope is barely hanging on by a thread. Way too easy. But let’s be honest here; are you really doing the BEST that you can possibly do — or are you simply trying to make yourself feel a little better as you let go of the rope?
“Out of difficulties grow miracles.”
--Jean De La Bruyere
It is precisely these most trying of times that can make us rather than break us, if we will simply tighten our grip and refuse to let go. Life isn’t nearly as complicated as we sometimes make it. More often than not, winning is nothing more than having the resilience to outlast the losing. Rather than toss out an overworked cliché about giving it your best, why not DO YOUR BEST and use life’s trying times to showcase what you are really all about. When push comes to shove, you need to push, PUSH, PUSH forward while shoving each and every excuse about why it can’t be done to the curb.
“Each difficult moment has the potential to open my eyes and open my heart.”
--Myla Kabat-Zinn
The next time you find yourself up to your eyeballs in problems, remember to keep your cool and relax for a few moments. Zero in on what you need to do, tighten your grip and then rise above and beyond the challenge you face. It’s OK to bend a little to regain your balance if you need to, but don’t allow the hurdle in front of you any opportunity to break you down! By giving it all that you can muster and then digging a little deeper and giving a little more, there’s not a problem on earth you cannot overcome.By choosing to rise above the problem you face instead of giving in or giving up, you can quickly get beyond the trouble in your path and get on down the road. Then, before you know it, the problem that once appeared insurmountable will begin to shrink out of sight in your rear view mirror.
Tuesday, September 6, 2011
Income Tax Basics
Few basics of Income tax we all should be aware of. For detailed information and rules and regulations of tax refer the links give as hyper link at the end.
1.12 WHO ALL HAVE TO PAY INCOME-TAX ?
- Individual including Non-resident, Hindu Undivided Families (HUF), Bodies of Individuals (BOI), Association of Persons (AOP) & Artificial Juridical Persons ( such as Deities of Temples) having taxable income exceeding Rs. 1.5 lakh (Rs. 1,80,000 for Resident Women assesses below 65 Years and Rs. 2,25,000 for Resident Senior Citizens.)
- Societies & Charitable / Religious Trusts having taxable income exceeding Rs.1.5 lakh.
- All Partnership Firms irrespective of their Income.
- Co-Op. Societies irrespective of their Income.
- All Companies irrespective of Income.
- Local Authorities like, Panchayats, Municipal Corporation etc.
g. Income Tax is charged on 5 different heads. Aggregate of taxable income under each head of income is known as Gross Total Income and
so Taxable Income = Gross Total Income - Allowance Deductions.
Deduction of Expenditure :
In computing income under various heads, deduction is allowed towards expenditure incurred in relation to earning the income. However, no deduction shall be allowed in respect of expenditure incurred in relation to incomes exempt from tax.
Computation of Gross Total Income :
It is the aggregate of incomes under various heads of income calculated after set-off of unabsorbed depreciation/loss, carried forward from earlier years.
Set-off and Carry Forward :
Set-off means adjustment of certain losses against the income under other sources / heads. Carry forward implies carrying forward of certain losses for set-off in subsequent years.
Total / Taxable Income :
Total / Taxable Income is computed after deducting permissible deductions under section 80A to 80U, from the Gross Total Income.
Where the Gross Total Income of the Assesses includes Short-Term Capital Gains from transfer of equity shares / units of an equity oriented mutual fund subject to Securities Transaction Tax or any Long-Term Capital Gains, then no deduction shall be allowed against such Capital Gains.
On this Taxable Income, Income Tax will be calculated as per the applicable rates.
so Taxable Income = Gross Total Income - Allowance Deductions.
Deduction of Expenditure :
In computing income under various heads, deduction is allowed towards expenditure incurred in relation to earning the income. However, no deduction shall be allowed in respect of expenditure incurred in relation to incomes exempt from tax.
Computation of Gross Total Income :
It is the aggregate of incomes under various heads of income calculated after set-off of unabsorbed depreciation/loss, carried forward from earlier years.
Set-off and Carry Forward :
Set-off means adjustment of certain losses against the income under other sources / heads. Carry forward implies carrying forward of certain losses for set-off in subsequent years.
Total / Taxable Income :
Total / Taxable Income is computed after deducting permissible deductions under section 80A to 80U, from the Gross Total Income.
Where the Gross Total Income of the Assesses includes Short-Term Capital Gains from transfer of equity shares / units of an equity oriented mutual fund subject to Securities Transaction Tax or any Long-Term Capital Gains, then no deduction shall be allowed against such Capital Gains.
On this Taxable Income, Income Tax will be calculated as per the applicable rates.
| Income Tax Rates / Tax Slabs (AY-2011-2012) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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