Pls all keep one more thing in mind, our Central Government gives export incentive for all sectors and even if exporters feels unhappy they will do the trade in euro instead of dollar. if currency appreicates we can able to purchase quality products in lower prices. Even our Government and Foreign investors able to concertrate more on local market and local production , this will automatically create a more jobs than export industry. Even common man in india able to enjoy lifestyle what have done by rich people. We will strong in every sector like as chinese people, there is no need to depend IT sector Only and everybody will be able to get equal salary level in every and each sector due to local business development.
I Hope it leads real development of india when common man develops in the society. Eventhough i am working in abroad and my exchange rate gets fall one Rupee it made a loss of Rs.25000 per month then as an individual i love development of my country then why don't you to.
RE:RUPEE APPREICATION LEADS TO MARVELLOUS DEVELOPMENT
by MASUDKHAN BIRADAR on Jul 25, 2007 11:59 AM Permalink
IT officials if you are reading this plz catch hold of Mr.Sathya. He is drawing $ 25000 p.m. and very much concerned abt the growth of our country. Check how much tax he is paying...
RE:RE:RUPEE APPREICATION LEADS TO MARVELLOUS DEVELOPMENT
by Andrew scott on Jul 25, 2007 12:02 PM Permalink
ha...ha.....nri dont have tax...dude....whats the use...in catching hold of satya
RE:RUPEE APPREICATION LEADS TO MARVELLOUS DEVELOPMENT
by MASUDKHAN BIRADAR on Jul 25, 2007 12:02 PM Permalink
IT ppl plz wait. Sathya has not mentioned if he is drawing salary in dollars. He could even be getting in Kuwait deenars. So 25000 * 150 p.m. How much tax?
RE:RUPEE APPREICATION LEADS TO MARVELLOUS DEVELOPMENT
by sudir p on Jul 25, 2007 12:34 PM Permalink
dear friends,i think he did not say that he is earning 25000 dollars.If he earns it in the gulf reion then No tax.I am losing 10 thousands every month.now we see a very good raise in india.Even our company recenlty published in their magazine that salaries in india are increasing dramatically and now it is difficlut to hold these hard working indian engineers in gulf
RE:RUPEE APPREICATION LEADS TO MARVELLOUS DEVELOPMENT
by Vijeth CM on Jul 25, 2007 11:31 AM Permalink
Very true Mr. Sathya. Wish there are more and more people like you who understand the real benefits. If we have patience to wait for the benefits to arrive to the economy, we will reap them too :)
RE:RUPEE APPREICATION LEADS TO MARVELLOUS DEVELOPMENT
by Andrew scott on Jul 25, 2007 12:00 PM Permalink
very true......the exporters want to extend their 'sops' from the govt. for much longer period......stating this rupee appreciation as a reason.....especially information tech exporters.....its time to move on to other currencies.........jai hind....enjoy the development....
