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Monday, 5 November 2012

Mystery Sighting Spooks Soldiers

An ITBP unit based in Thakung, close to the Pangong Tso Lake, reported over 100 sightings of luminous objects between August 1 and October 15 this year. In reports sent to their Delhi headquarters in September, and to the Prime Minister's Office (PMO), they described sighting "Unidentified Luminous Objects" at day and by night. The yellowish spheres appear to lift off from the horizon on the Chinese side and slowly traverse the sky for three to five hours before disappearing.

These were not unmanned aerial vehicles (UAVs), drones or even low-earth orbiting satellites, say Army officials who have studied the hazy photographs taken by ITBP. Drone sightings are verified and logged separately. The Army has reported 99 sightings of Chinese drones between January and August this year: 62 sightings were reported in the western sector, the Ladakh region, and 37 in the eastern sector in Arunachal Pradesh. Three of these drones intruded into territory claimed by India along the 365-km-long border with China in Ladakh, manned by ITBP.

Such mysterious lights have been sighted before in Ladakh, a barren, 86,000 sq km heavily militarised zone wedged between Pakistan-occupied-Kashmir and Chinese-occupied Aksai Chin. The persistent sightings by the ITBP this year, however, worried the Army's Leh-based 14 Corps. The ITBP, did not respond to a detailed India Today questionnaire.

In September, the Army moved a mobile ground-based radar unit and a spectrum analyser-that picks up frequencies emitted from any object-to a mountaintop near the 160-km-long, ribbon-shaped Pangong Lake that lies between India and China.

The radar could not detect the object that was being tracked visually, indicating it was non-metallic. The spectrum analyser could not detect any signals being emitted from them. The Army also flew a reconnaissance drone in the direction of the floating object, but it proved a futile exercise. The drone reached its maximum altitude but lost sight of the floating object.

In late September this year, a team of astronomers from the Indian Astronomical Observatory at Hanle, 150 km south of the lake, studied the airborne phenomena for three days. The team spotted the flying objects, Army officials say, but could not conclusively establish what they were. They did, however, say that the objects were "non celestial" and ruled out meteors and planets.

Scientists however say, the harsh geography and sparse demography of the great Himalayan range that separates Kashmir Valley from Ladakh, lends itself to unusual sightings. "The region is snowbound in winter, has few roads and is one of the most isolated places in India," says Sunil Dhar, a geologist at the government Post Graduate College in Dharamshala, who has studied glaciers in the region for 15 years.

Yet, none of the experts from the National Technical Research Organisation (NTRO)-in charge of technical intelligence-and Defence Research Development Organisation (DRDO), has been able to identify the objects. This has caused embarrassment rather than fear in the establishment. "Something is clearly wrong, if our combined scientific resources can't explain the phenomena," says a senior Army official in Delhi. Intelligence officials say these objects could be a crude psychological operation by China, or sophisticated probes attempting to ascertain India's defences in Ladakh.

"We can't ignore these sightings. We need to probe what new technology might have been deployed there," says former Indian Air Force (IAF) chief Air Chief Marshal (retired) P.V. Naik.

In 2010, the IAF probed and dismissed Army sightings of such luminous objects as "Chinese lanterns". 'UFO' sightings have been endemic to Ladakh over the past decade. In late 2003, 14 Corps sent a detailed report on sightings of luminous objects to Army headquarters. Army troops on posts along Siachen had seen floating lights on the Chinese side. But reporting such phenomena risks inviting ridicule. When told about them at a northern command presentation in Leh, the then army chief, General N.C. Vij, had angrily dismissed the reports as hallucinations.

Scientists say the mysterious objects are not necessarily from outer space. "There is no evidence of 'ufos' being of extra-terrestrial origin," says reputed Pune-based astrophysicist Jayant Narlikar. "The implication of them being alien objects is fancy, not fact," he says.

There is still no explanation, however, for what is believed to be the clearest 'UFO' sighting yet, in the Lahaul-Spiti region of Himachal Pradesh less than 100 km south of Ladakh in 2004. A five-member group of geologists and glaciologists led by Dr Anil Kulkarni of the isro's Space Applications Centre in Ahmedabad were on a research trip through the barren Samudra Tapu Valley. They filmed a four-foot tall 'robot-like' figure, that 'walked' along the valley, 50 m away from them. The humanoid object then rapidly became airborne and disappeared. The encounter lasted 40 minutes. It was seen by 14 persons including the six scientists. Kulkarni then interviewed each expedition member separately to verify what the team had seen. Copies of his detailed report were circulated to the PMO, ISRO, the Army and several intelligence agencies. Kulkarni established his team hadn't seen natural phenomenon. The matter, however, was buried soon after.

Sunil Dhar, who was part of the 2004 expedition, terms the sighting of the unidentified object an unforgettable experience. Locals, he says, have reported sighting mysterious objects for many years. "These are unsolved mysteries that need more intensive study," he says. Left unexplained, the Ladakh sightings risk slipping into the crack between fact and science fiction.

Wednesday, 3 October 2012

Fee of Kasab counsel to go to slain cops' kin: SC

New Delhi: The Supreme Court Wednesday asked the Maharashtra government to give Rs.14.5 lakh - the fee that condemned Pakistani terrorist Ajmal Kasab's counsel refused to collect - to the kin of security personnel killed in the Mumbai attack.

The money will be distributed in equal proportion among the families of the slain security personnel, who were among the 166 killed Nov 26, 2011 by Pakistani terrorists. Kasab was the lone attacker caught alive.

Senior counsel Raju Ramachandran and Gaurav Agarwal, who assisted Kasab in his appeal against death penalty before the court, had said that they were not inclined to accept the Rs 14.5 lakh fee for their services.

They suggested that the sum could be given to the National Legal Services Authority or the Maharashtra State Legal Services Authority.

The apex court bench of Justice Aftab Alam and Justice C.K. Prasad, while appreciating the decision of counsel, directed that the amount of Rs.14.50 lakh be distributed among the slain security personnel's kin.

Issuing the direction, Justice Alam said: "We appreciate the high standards of professional ethics" shown by Ramachandran and Agarwal.

Ramachandran was appointed amicus curiae (friend of court) to defend Kasab by the apex court when it took up his appeal challenging the Bombay High Court order upholding the death sentence awarded to him by the trial court.

Senior counsel Gopal Subramanium, who appeared in the case before the apex court for the Maharashtra government, said Ramachandran and Agarwal's decision reflected the "highest tradition of bar".

The apex court Aug 29, while upholding the death sentence of Kasab, directed the state government to pay Rs.11 lakh to Ramachandran and Rs.3.5 lakh to Agarwal for rendering professional service.

Tuesday, 17 July 2012

Mark Zuckerberg Is So Rich, He Lives In His $6 Million House For Free

Facebook CEO Mark Zuckerberg is so rich that the cost of living in his $5.95 million Palo Alto home is essentially $0.
That's to say: free.
Zuckerberg just re-financed his home with a 30-year adjustable-rate loan starting at 1.05 percent, according to Bloomberg's John Gittelsohn and Dakin Campbell.
Because 1.05 percent is below the current rate of inflation – somewhere between 2 and 3 percent – Zuckerberg is essentially "borrowing for free," Greg McBride, senior financial analyst with Bankrate Inc, tells Bloomberg.
Zuckerberg is taking the mortage because the interest rate is so low that he can invest the cash he would have spent on the house, risk-free, and get a higher rate of return than the rate at which he is borrowing.
Zuckerberg still pays the bank something every month: the principle on his loan. But that's not really a cost: he's getting equity in his home. If he ever sold his house, he'd get all that money back, and the amount of money he spent on living in the house would be close to zero.  If anything, he would probably turn a profit.
Zuckerberg gets such a nice rate because he took an "adjustable rate," which means the bank can crank it up if it wants.
Bloomberg says the average rate for a 30-year fixed low is 3.56 percent. Meanwhile, the average rate for a one-year adjustable loan is 2.69 percent.
Zuckerberg's rate beats that figure because his bank, First Republic,  figures he's good for the money; he is the world's 40th richest person, after all.
“First Republic, like most banks, prices its credit products based on the strength and totality of the entire client relationship,” a bank spokesperson told Bloomberg. “This is our approach with all of our clients.”
Update: An earlier version of this story said Zuckerberg's house was free. We meant his home loan is free. Apologies for the confusion.

Monday, 9 July 2012

Documents needed while filing Income Tax Returns in INDIA

Typically, as a salaried tax payer you'll need to have the following items at hand for filing your Income Tax Return. This might vary on a case by case basis.
Here’s a quick guide to the documents you will need for the Assessment Year 2012-13 that will help you prepare and file your Income Tax Return.
PAN number
Verify your PAN number online with the Income Tax Department before filing your Income Tax Return by going to this link: https://incometaxindiaefiling.gov.in/portal/knowpan.do
Form-16 issued by your employer
A Form-16 is a statement issued by your employer which has details of your Salary, the taxable salary amount after various perks and allowances, the TDS deducted by your employer, the deductions you have claimed and the overall tax due. TDS is Tax Deducted at Source. Your employer will have already deducted some portion of your salary and deposited it with the Income Tax Department.
This is a good starting point to start preparing your tax return.
Bank statements / passbook for Interest Income on bank deposits.
Note that you have to declare all Interest Income earned in the Financial Year 2011-12 in your Income Tax Return. A lot of people forget to do this, so please go through your bank statements and find out the Interest received.
Statements of Interest Income besides Bank deposits
Sometimes you may have fixed deposits which may have matured, debentures which yield interest. Take a look and make sure to declare this income on your Tax Return.
TDS certificates issued to you by your bank and others
TDS may have been deducted on your Interest Income by your bank. Check whether any TDS was deducted. You can ask the Bank to issue you a TDS statement. Declare these TDS entries in your Tax Return to reduce your tax liability.
Form 26AS
This is one of the most important documents that you should look at while preparing and filing your Income Tax Return.
Form 26AS reflects all the Income Tax received by the Income Tax Department with respect to you. This is a tax credit statement which shows TDS payments, voluntary tax payments made by you.
This Form-26AS should match all your TDS certificates issued to you by your employer, your bank etc.
If there is a mismatch you may have a tough time getting your tax refund. In case there is a mismatch between your TDS certificates and Form-26AS, you should contact your employer or your bank. They might have to inform the Income Tax Department of the TDS they have deducted.
Proof of investment under Section 80C
Investments done under LIC, NSC, PPF, school fees of your children qualify for Section 80C deductions.
Payment towards the principal of your Housing Loan also qualifies for deductions under Section 80C. The maximum limit for claim under section 80C is Rs. 1 Lakh.
Charitable donation statements
Donations that can be claimed for tax deductions under Section 80G.
Typically the receipt issued by the charitable organization you donate to mentions the eligibility under Section 80G.
For making sure you can avail of your tax deduction, make sure you quote the PAN number of the charitable organization.
Interest paid on housing loan.
If you pay EMI towards housing loan for a house that you live in: The Interest paid on housing loan is eligible for tax saving. The upper limit for tax saving is Rs 1,50,000.
If you pay EMI towards housing loan for a property that you rent out to others: The Interest paid on housing loan is eligible for tax saving. There is no upper limit for Interest paid exemption on rental property.
Other (less common) documents:
Proof of investment under Section80CCF:
Investments in Infrastructure bonds upto Rs. 20,000 can be claimed as tax deduction under section 80CCF.
Proof of investment under Section 80E:
Interest Paid on Education loan is tax deductible and can be claimed under Section 80E.
Proof of investment under Section 80D:
Medical Insurance payments for your family and your parents can be claimed here.
Proof of Disabilities
If you have disabilities, you might want to check up on Section 80U. If you have dependents with disabilities then check on Section 80DD.
Stock trading statement:
If you have sold any stock in the Financial year 2011-12, then you might have had Capital Gain or Capital Loss. This has to be declared in your Income Tax Return. Take a look at your brokerage account and then declare your Capital Gain.
Capital gain on sale of property
In case you sold any property or house or land or anything of value, you may have had a Capital Gain or Capital Loss. You have to declare this in your Income Tax Return.
Overall the key take away is - Look at your Form-26AS to ensure that your records match those of the Income Tax Department.
ClearTax helps Individuals prepare and file their Income Tax Returns online in India.  www.cleartax.in

Tuesday, 26 June 2012

Breastfeeding Week: breastfeeding facts

Breastfeeding Week: breastfeeding factsBreastfeeding has many proven benefits for both you and your baby, but this doesn’t mean you’ll get the hang of it as soon as your baby is born. In fact it can be quite tricky to master at first, however with a bit of perseverance breastfeeding can become second nature to you both and you’ll never want to stop!

It’s National Breastfeeding Week this week (24th-30th June) so we’ve compiled a few breastfeeding facts for you…

  • -Across the world, less than 40 per cent of babies under the age of six months are exclusively breastfed
  • -Breastfeeding burns approximately 500 calories a day
  • -It reduces risks of breast and ovarian cancer later in life, helps women return to their pre-pregnancy weight faster, and lowers rates of obesity.
  • -Adults who were breastfed as babies often have lower blood pressure and lower cholesterol, as well as lower rates of overweight, obesity and type-2 diabetes.
  • -Breastfeeding aids the uterus returning to original size after birth.
  • -An average breastfeed last 16 minutes.
  • -Babies instinctively know how to get your milk quickly and efficiently.
  • -Your baby controls your breastmilk flow with an instinctive action that includes sucking, swallowing and breathing.
  • -82% of mothers use a breastpump.
  • -Breastfeeding exposes your baby to many different tastes and smells.
  • -In countries were breastfeeding rates are higher, the most common female cancers, ovarian, uterine and breast, are reduced.
  • -There are more than 4,000 species of mammal, and all breastfeed their young.
  • -Breastfeeding delays the return of menstrual periods and may aid in spacing pregnancies.
  • -Breastfeeding creates a strong bond between mother and child.

Friday, 8 June 2012

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Thursday, 29 December 2011

India's national anthem completes a century

Kolkata: 'Jana Gana Mana...', India's lilting national anthem, completed 100 years Tuesday.

First sung by a choir on this date in 1911 at the 26th session of the Indian National Congress here, 'Jana Gana Mana' was composed and set to tune by Rabindranath Tagore - the first Asian to win the Nobel Prize for Literature in 1913 - days after the British government annulled its plans for the partition of Bengal.

Independent India's constituent assembly adopted the first stanza of the Brahmo hymn as the national anthem on Jan 24, 1950, after an intense debate that saw Bankim Chandra Chattopadhyay's 'Vande Mataram' lose out narrowly following objections, particularly from Muslims.

'It's a proud moment for us. 'Jana Gana Mana' is not only the most beautiful song, it also comprehensively describes our unity in diversity. It is the symbol of Indian unity,' said classical vocalist Ustad Rashid Khan.

In 1919, Tagore sang it at the Besant Theosophical College at Andhra Pradesh's Madanapalle town. It so impressed the college authorities that they decided to make it their prayer song.

Within days, Tagore translated the song into English and set down the notation alongside Margaret, wife of Irish poet James Cousin. The song came to be known as 'The Morning Song of India', which became India's national anthem.

Since then, the anthem has moved Indians both at home and abroad. They have sung it with passion, standing in unison, often shedding tears during intense emotional moments, be it on the sports field or even in a cinema theatre.

'It is truly the symbol of unity as it is the only song which people from east to west, north to south know and sing,' said Sahitya Akademi president and eminent writer Sunil Gangopadhyay.

However, the song has had its share of criticism.

Critics had opposed making it India's national anthem, claiming it was written as an eulogy to King George V, as the song coincided with the coronation durbar of the British emperor in New Delhi.

In 1937, Tagore, in a letter, admitted that one of his pro-establishment friends had requested him to write a paean for the emperor.

'I was stunned at that, and also angered. As a result of this catastrophic reaction, I have declared the victory of the dispenser of India's destiny in the 'Jana Gana Mana' song,' wrote Tagore, who holds the unique distinction of having his compositions as the national anthems of two countries - India and Bangladesh.