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Used Car Market and Fuel Pricing

When I was planning on buying a car. I thought I'll buy a used car. Although I was fully aware of  George Akerlof 's  theory  about second hand car market, I decided to take a shot at it.  Because the "reasonable man" , that we so often read about in economics, often has reasons beyond  economics. Reasons like : Leaving the country; don't know what to do with the car;  Bought a new car there is no place to park my old car;  This car is jinxed!   So I downloaded data from  Cardheko  and few other sites and started my cherry hunt. I was convinced that I could use analytics to pick my cherry. Penny (to the Blogger): "Honey, I know you think you are explaining yourselves but you are not." Ok, George Akeflof's Nobel winning theory suggest that there will be no good cars in a used car market because they don't fetch a fair price.  And he refers to good cars as a Cher...
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Employees are assets but workforce is a liability.

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“Employees are our assets” almost every CEO has perhaps used it at least once in his lifetime. However, adding these assets under these uncertain economic conditions has become somewhat difficult. Companies, big and small alike, often do not have a steady influx of projects. You may have projects to engage 600 people in one part of the year in other parts of the year you may not have enough work for 200 people. In such cases it is impossible to maintain a workforce of 600 throughout the year. This problem has given rise to new breed of manpower sourcing agencies. We often refer to them as body shoppers. These firms provide temporary workforce to those companies in need. Some larger companies also utilize their bench by lending their workforce to other companies on a temporary basis.  From the example above, the company would employ 200 people and hire contractors when their workforce need gets escalated. Body shoppers employ contractors and supply them on a need basis. R...
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Advantage; Homeloan

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Get a home loan save tax. Yes, I'll elaborate on it later but now some quick notes Get a home loan and if you live in it you get up to 1.5Lakh of interest deducted from your taxable income Get a home loan and rent it out; all the interest is delectable form your taxable income. Get your spouse to be a co-applicant on the loan both of you can enjoy the deductions. Up to 1 Lakh of Principle is delectable  from your taxable income (this falls under 80C so your PPF, ULIP, MF etc. is wasted) (Rented out or self-occupied) Use the interactive Tableau dashboard (change the numbers in the boxes) to see how the numbers work for you and what saves most taxes for you. Learn About Tableau You will notice that you will have better tax savings when you rent out your property and stay in a rented house yourselves. when you rent out all your Interest is tax deductible) But if you stay in it yourselves - you only get up to Rs 1.5 lakhs of deductible amount per year. [indirect me...
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