Tuesday, 10 April 2012

Another BRIC in the Wall !!!


Well ... we definitely 'need to be educated' on this topic !! The BRICS which are holding the Wall of World Economy together and resisting the penetration of USA are the group of nations, in whose hands lie the destiny of tomorrow. Meet Brazil, Russia, India, China & South Africa.

Brazil the land of Samba, Football & Mafia is infact an agricultural powerhouse with huge potential for producing  sugar and coffee. So now you know who to curse if the canteen guy increases the coffee price by couple of bucks. What we would like from Brazil in barter is their footballing talent and what we have to offer will only be disclosed at the end. But seriously, with all the kids  in India going the football way its high time that we have a Kaka in our ranks or atleast his nephew.

Secondly Russia, the land of Kalashnikovs and Vodka is a large reserve for Oil & Gas.The largest country by area once upon a time gave USA serious run for their money not just on land but in space too. With names that require a severe use of epiglottis, Russia is coming to recognition once again thanks to their ever fit president Mr. Putin. So what we would like from Russia in barter is 'absolut'ely the Vodka in fact a lifetime supply of it. Some other things came to my mind but that will be done through a private request. *nudge*nudge*wink*wink*

Ni Hao China !! The land where even a 90 year old can kick your ass in a game of table tennis, China is a manufacturing paradise. You name it and they will produce it. Right from needles to aircrafts. This country looks for the future although some of their products does not suggest the same. An immensely huge export driven economy, China holds $ 3.2 trillion of foreign reserves so now you know why Obama frowns when he sees an oriental guy. What we want in barter is Martial arts and the cool shaolin temples. The action will definitely add extra spice to our already rocking movie industry. Plus Mr. Akshay Kumar will have company jumping out of buildings too.

South Africa, the small 's' tagging along the BRIC nations is no more a child. A huge mineral reserve and a host to some of the important sporting events, South Africa is converting its baby steps into long strides now. What we would like from them is .... Charlize Theron .. well thats my little prejudice but who would not want her. Common politicians, stop drooling !!!


So then the question still remains, can the BRICS lay a siege on the domination by the heavyweights like US n UK. With the Euro crisis leading to many countries getting a reality check on how they were working, the BRICS have got a far more efficient work rate and better productivity. With the BRICS Development bank concept ready to come into existence and get the nations even more close one waits to see what the US will do. For starters, more trips to India and China by Obama.

Well as promised, India who believes in sharing will as part of the barter give our very prized asset. I wont add to the suspense any more as all the BRICS ambassadors are looking with a keen eye. Well ... the politicians or the netas ... they really are an asset to our country (or maybe they build lots of assets). They will make the likes of Shangais and Moscows and Rios, the new Patnas & Ranchis of this world. They will earadicate the mafia from your respective countries as they themselves will be the mafia you have to be afraid of in future.See how much we care about you !!! So now since the barter is done, No Returns Pass !!!

Thursday, 5 April 2012

Mauritius - From Honeymoon Heaven to Tax Haven

Mauritius is a little island on the southeast coast of Africa known for its scenic beauties. No wonder many couples across India longing for a 'Bollywood ishtyle' Swiss honeymoon settle for adventures on this isle. But off late they are facing serious crisis getting air tickets for Mauritius ... naah this is not a dig at Kingfisher Airlines !! These Kingfisher Airlines jokes are all over the place but their flights are not *smirk*. Anyways, the ticket problem have arised largely due to top corporates flying to the beautiful isle, not for its scenic beauty but for its financial astheticity.

Yes, Mauritius apart from being a honeymooner's paradise is also the paradise of tax evasion. Since 1992, this country is single handedly pumping large amount of money through foreign investments as a large number of investors who trade on Indian stock markets operate through this route. Basically it is to save tax on the gains coming out of business in India and well well ... surprise surprise ... Mauritius and capital gains tax are as alien as Uday Chopra & acting !!


But the resemblances between the honeymooners & moneymakers are uncanny. Honeymooners go there once the institution (of marriage) is in place. Moneymakers come from there to setup the institution in place. Honeymooners want to do their 'real' business away from public eye. Moneymakers ditto. Honeymooners want to save some money so they settle for this place. Moneymakers ditto.

Although the government suffers, because every Toda-phone will find a Mauritius or a Cayman Islands or a 'I will float a subsidiary under my uncle's name' Islands and give income tax a skip. So now when the government changes the rules, all these investors are running helter-skelter like little urchins to their prime ministers and presidents.

So the question still remains, to stick to the judgement and risk huge amounts of FDIs and investors moving out or reverse it and plant a capital L on the forehead. Plus the wrath of displeasing Mauritius and indirectly the honeymooners and their votes and thereby the majority. Afterall everything counts !!!

Please dont leave now to get hold of an atlas and spot Mauritius the post hasnt ended .... well ... just messing with you ... so long !!!