Saturday, July 29, 2017
Friday, July 28, 2017
Marriage and divorce (matter of heart):
जाने कहाँ मेरा जिगर गया जी
अभी अभी यहीं था किधर गया जी
बड़े बड़े कवि, lyricists बोल गए हैं , दिल लुटाने और दिल लगाने में बहुत फर्क है।।।
संबंधित बॉलीवुड songs ले लें -
दिल लगाकर हम ये समझे
दिल का हाल सुने दिल वाला
इतनी सी बात न मिर्च मसाला
बहुत से songs में दिल का खिलौना, शीशा हो या दिल कहा गया। जैसे जगत को भी माया, मिथ्या और खिलौना , तिलस्म कहा गया।
बंधन में पड़ो या निकालो दो ही choice है।
Get married, or get divorced - mentally, not physically!!!
प्रवृत्ति या निवृत्ति ।
Third choice to me is excellent - प्रपत्ति, शरणागति, total surrender.
उसके बाद फंसे (married) ,तो क्या। और छूटे (divorced) तो क्या???? एक खिलौना के बाद दूसरा!!! इच्छाओं का अंत नही।
नही तो गाओ -
जीके क्या करेंगे, जब दिल ही टूट गया।
आजकल के नौजवान गाते हैं -
मेरी उम्र के नौजवानों
दिल न लगना , ओ दीवानों
मैन प्यार करके, चैन खोया नीद खोई।
लेकिन वो भूल जाते हैं -
दिल तो है दिल
दिल का एतबार क्या कीजै
Thursday, July 27, 2017
Most notorious guy in Indian history
Most notorious guy of Indian history, whom BJP / RSS worship as hero - VD Savarkar: unless the Hindu, economist, frontline, wiki and Sardar Patel (his letter in comments to this post) himself is wrong!!!
https://en.m.wikipedia.org/wiki/Vinayak_Damodar_Savarkar
https://www.quora.com/Did-Veer-Savarkar-cut-a-deal-with-British-at-Kala-Paani
http://www.frontline.in/static/html/fl1915/19151160.htm
http://www.theweek.in/theweek/cover/life-and-legacy-of-veer-savarkar.html
https://www.countercurrents.org/comm-puniyani230205.htm
http://www.thehindu.com/opinion/op-ed/how-savarkar-escaped-the-gallows/article4358048.ece
Deputy Prime Minister Vallabhbhai Patel was convinced of his guilt. In 1969, a Commission of Inquiry set up on March 22, 1965 comprising a respected Judge of the Supreme Court, J.K. Kapur, concluded after a thorough probe: “All these facts taken together were destructive of any theory other than the conspiracy to murder by Savarkar and his group.”
Why Savarkar makes BJP and Sangh Parivar nervous
http://www.dailyo.in/politics/savarkar-bjp-rss-godse-rahul-gandhi-nehru-sardar-patel/story/1/12857.html
http://www.firstpost.com/politics/mahatma-gandhis-murder-why-swamy-should-consult-bjp-before-restarting-a-debate-2918634.html
Justice Kapur examined hundreds of witnesses, including the then home minister of Bombay (Mumbai) Morarji Desai, socialist leader Jayprakash Narayan, cops who investigated the case in various cities (Pune, Delhi, Gwalior, Alwar, Mumbai) and noted: "All these facts were destructive of any theory other than the conspiracy to murder by Savarkar and his group..." (25.106, part two.)
https://en.m.wikipedia.org/wiki/Vinayak_Damodar_Savarkar
https://www.quora.com/Did-Veer-Savarkar-cut-a-deal-with-British-at-Kala-Paani
http://www.frontline.in/static/html/fl1915/19151160.htm
http://www.theweek.in/theweek/cover/life-and-legacy-of-veer-savarkar.html
https://www.countercurrents.org/comm-puniyani230205.htm
http://www.thehindu.com/opinion/op-ed/how-savarkar-escaped-the-gallows/article4358048.ece
Deputy Prime Minister Vallabhbhai Patel was convinced of his guilt. In 1969, a Commission of Inquiry set up on March 22, 1965 comprising a respected Judge of the Supreme Court, J.K. Kapur, concluded after a thorough probe: “All these facts taken together were destructive of any theory other than the conspiracy to murder by Savarkar and his group.”
Why Savarkar makes BJP and Sangh Parivar nervous
http://www.dailyo.in/politics/savarkar-bjp-rss-godse-rahul-gandhi-nehru-sardar-patel/story/1/12857.html
http://www.firstpost.com/politics/mahatma-gandhis-murder-why-swamy-should-consult-bjp-before-restarting-a-debate-2918634.html
Justice Kapur examined hundreds of witnesses, including the then home minister of Bombay (Mumbai) Morarji Desai, socialist leader Jayprakash Narayan, cops who investigated the case in various cities (Pune, Delhi, Gwalior, Alwar, Mumbai) and noted: "All these facts were destructive of any theory other than the conspiracy to murder by Savarkar and his group..." (25.106, part two.)
Tuesday, July 25, 2017
तुम से आया न गया, मुझ से बुलाया न गया
देखते ही देखते दिन ढल गया और रात हुई
आजतक मेरी खुद से न मुलाक़ात हुई ।
कौन हूँ मैं, क्या है मेरा वजूद ये ना जान सके
कहीं भीड़ में खो गए, खुद को न पहचान सके।।
खेल ऐसा है ये लुका छिपी का
किसी का हाथ पकड़ लिया, सोंचा कि है मेरा।।
हार के बैठ गए तो ये पाया, न कोई पराया है, न अपना।।
जिसको कोई न पा सका, जगत वो सपना है, सपना।
हिसाब लगाते तो जिंदगी बीती
दिल ललगाकर क्या पाया क्या खोया।।
आजतक मेरी खुद से न मुलाक़ात हुई ।
कौन हूँ मैं, क्या है मेरा वजूद ये ना जान सके
कहीं भीड़ में खो गए, खुद को न पहचान सके।।
खेल ऐसा है ये लुका छिपी का
किसी का हाथ पकड़ लिया, सोंचा कि है मेरा।।
हार के बैठ गए तो ये पाया, न कोई पराया है, न अपना।।
जिसको कोई न पा सका, जगत वो सपना है, सपना।
हिसाब लगाते तो जिंदगी बीती
दिल ललगाकर क्या पाया क्या खोया।।
Saturday, July 22, 2017
Disability, lumbosacral sprain
1) lumbosacral sprain a leading cause of short-term work-related disability.
A lumbosacral sprain is a ligament injury in the lumbar or sacral areas (lower back). A sprain usually occurs after a forceful or rapid movement which overstretches and maybe tears a ligament.
prevention:
abdominal-muscle strengthening exercises
2)Herniated disc (lumbar hernia)
PT may include deep tissue massage, hot/cold therapies, hydrotherapy, and exercise. Physical therapy often plays a major role in herniated disc recovery. Its methods not only offer immediate pain relief, but they also teach you how to condition your body to prevent further injury.
http://myhomemedicine.com/secret-back-pain-feet-5-exercises-fix-everything/?t=viral
A lumbosacral sprain is a ligament injury in the lumbar or sacral areas (lower back). A sprain usually occurs after a forceful or rapid movement which overstretches and maybe tears a ligament.
prevention:
abdominal-muscle strengthening exercises
2)Herniated disc (lumbar hernia)
What do you do for a herniated disc?
Can physical therapy help a herniated disc?
http://myhomemedicine.com/secret-back-pain-feet-5-exercises-fix-everything/?t=viral
Gyaan yug se bhakti yuga tak:
Gyaan yug se bhakti yuga tak:
(वेद, पुरान से श्रीमद भागवद तक, विवेकचूुड़ामनी से लेकर रामचरितमानस तक, और सत्यार्थ प्रकाश से लेकर प्रेमवाहिनी तक)
कुछ लोगों को अपनी बुद्धि पर ज्यादा विश्वास होता है। ऐसे कोई बुद्धिमान महापुरुष, युगपुरुष अवतरित हो जाएं धरती पर तो सभ्यता उन्ही का अनुकरण करने लगती है। उदाहरण महात्मा बुद्ध, आदि शकराचार्य, और आधुनिक युग मे मार्क्स, आइंस्टीन। अगर हम इन युगों को ज्ञानयुग की संज्ञा दें, तो उसके प्रभाव की तरफ थोड़ी दृष्टि डालें। जहां इन युगों में श्रेष्ठ ग्रंथ लिखे गए, भौतिक और scientific विकास सम्भव हुआ। वहीं विपरीत प्रभाव भी कुछ हुए या नही! क्या असहिष्णुता, वैमनस्य, हठधर्मिता, विरोध, युद्ध , अत्याचार बढ़े की नही!
वहीं दूसरी तरफ भक्ति युग (माइकल एंजेलो, shakespear, भारत मे सुर , कबीर, तुलसी, मीरा, चैतन्य) में जहां हृदय, प्रेम को महत्वपूर्ण स्थान मिला , महान भक्तो ने भक्ति धारा चारों तरफ प्रवाहित कर दी, वहां गाय और सिंह एक ही घाट पर पानी पीने लगे। मुस्लिम हिन्दू भाईचारा संभव हो सका। जे2स, क्रिस्चियन, तुर्की भाईचारा संभव हो सका। इतिहास इसका साक्षी है।
आज हज़ारों साल के इतिहास का इस दृष्टि से पुनरावलोकन जरूरी है, जिससे आने वाली नस्लों को कम से कम ये बुद्धि और हृदय का खेल समझ आये की बुद्धि के द्वारा अहंकार का पोषण होता है और मन को चित्त में स्थिर करने से शांति, सद्भाव और प्रेम , भाईचारा संभव है।
क्या वेद , पुराण और क्या बाइबिल, कुरान सभी कलियुग मे दूषित हो चुके , उनमें समय के साथ क्या क्या नही जोड़ा गया। इनमे माथा मारकर भ्रम के सिवा क्या हासिल होने वाला है? आजकल तो साइंस ने भी इतना भ्रमित किया कि लोग सठिया से गए है। कबीर जी कहते हैं -
ढाई अक्षर प्रेम का पढ़े सो पंडित होये।
गोस्वामी जी कहते है -
वेदों का पार नही, पुरानन की कथा अनन्त
जन्म जो सुधारा चाहो, राम नाम लीजिये।
(वेद, पुरान से श्रीमद भागवद तक, विवेकचूुड़ामनी से लेकर रामचरितमानस तक, और सत्यार्थ प्रकाश से लेकर प्रेमवाहिनी तक)
कुछ लोगों को अपनी बुद्धि पर ज्यादा विश्वास होता है। ऐसे कोई बुद्धिमान महापुरुष, युगपुरुष अवतरित हो जाएं धरती पर तो सभ्यता उन्ही का अनुकरण करने लगती है। उदाहरण महात्मा बुद्ध, आदि शकराचार्य, और आधुनिक युग मे मार्क्स, आइंस्टीन। अगर हम इन युगों को ज्ञानयुग की संज्ञा दें, तो उसके प्रभाव की तरफ थोड़ी दृष्टि डालें। जहां इन युगों में श्रेष्ठ ग्रंथ लिखे गए, भौतिक और scientific विकास सम्भव हुआ। वहीं विपरीत प्रभाव भी कुछ हुए या नही! क्या असहिष्णुता, वैमनस्य, हठधर्मिता, विरोध, युद्ध , अत्याचार बढ़े की नही!
वहीं दूसरी तरफ भक्ति युग (माइकल एंजेलो, shakespear, भारत मे सुर , कबीर, तुलसी, मीरा, चैतन्य) में जहां हृदय, प्रेम को महत्वपूर्ण स्थान मिला , महान भक्तो ने भक्ति धारा चारों तरफ प्रवाहित कर दी, वहां गाय और सिंह एक ही घाट पर पानी पीने लगे। मुस्लिम हिन्दू भाईचारा संभव हो सका। जे2स, क्रिस्चियन, तुर्की भाईचारा संभव हो सका। इतिहास इसका साक्षी है।
आज हज़ारों साल के इतिहास का इस दृष्टि से पुनरावलोकन जरूरी है, जिससे आने वाली नस्लों को कम से कम ये बुद्धि और हृदय का खेल समझ आये की बुद्धि के द्वारा अहंकार का पोषण होता है और मन को चित्त में स्थिर करने से शांति, सद्भाव और प्रेम , भाईचारा संभव है।
क्या वेद , पुराण और क्या बाइबिल, कुरान सभी कलियुग मे दूषित हो चुके , उनमें समय के साथ क्या क्या नही जोड़ा गया। इनमे माथा मारकर भ्रम के सिवा क्या हासिल होने वाला है? आजकल तो साइंस ने भी इतना भ्रमित किया कि लोग सठिया से गए है। कबीर जी कहते हैं -
ढाई अक्षर प्रेम का पढ़े सो पंडित होये।
गोस्वामी जी कहते है -
वेदों का पार नही, पुरानन की कथा अनन्त
जन्म जो सुधारा चाहो, राम नाम लीजिये।
Thursday, July 20, 2017
Wednesday, July 19, 2017
Tuesday, July 18, 2017
FINANCIAL EDUCATION pptx
7.8.1 General rule
As a general rule, if a policyholder absolutely assigns his life insurance policy to an arm’s length party, his proceeds are deemed to be the amount he received in compensation (i.e., the transfer price), and his policy gain will be equal to the transfer price minus the policy’s adjusted cost basis (ACB) immediately prior to the transfer. The transferee acquires the policy with an ACB equal to the transfer price.
Two people are said to be dealing at arm’s length if they are unrelated and they complete a transaction by acting entirely in their own independent economic interests. Very few absolute life insurance assignments are actually done at arm’s length, and one of the following situations is more likely to apply.
7.8.2 To a non-arm’s length party
Exceptions to the general rule apply if the absolute assignment occurs via one of the following situations, regardless of the amount (if any) that the policyholder received in compensation:
The transfer is via gift or bequest;
The transfer is from a corporation;
The Income Tax Act allows property to rollover from one spouse to another, meaning that it can
be transferred without triggering a taxable disposition. This rollover applies to all types of property,
including life insurance. So, if a policyholder assigns ownership of a life insurance policy to his
spouse, he is deemed to have acquired proceeds equal to his ACB, and his spouse is deemed to
have received the policy with the same ACB. This applies even if the recipient spouse paid the
transferor spouse for the policy.
As a general rule, if a policyholder absolutely assigns his life insurance policy to an arm’s length party, his proceeds are deemed to be the amount he received in compensation (i.e., the transfer price), and his policy gain will be equal to the transfer price minus the policy’s adjusted cost basis (ACB) immediately prior to the transfer. The transferee acquires the policy with an ACB equal to the transfer price.
Two people are said to be dealing at arm’s length if they are unrelated and they complete a transaction by acting entirely in their own independent economic interests. Very few absolute life insurance assignments are actually done at arm’s length, and one of the following situations is more likely to apply.
7.8.2 To a non-arm’s length party
Exceptions to the general rule apply if the absolute assignment occurs via one of the following situations, regardless of the amount (if any) that the policyholder received in compensation:
The transfer is via gift or bequest;
The transfer is from a corporation;
The transfer is a result of the operation of law (e.g., transfer to a successor owner or a joint
owner with right of survivorship);
The transfer is to any other non-arm’s length party.
A non-arm’s length relationship is deemed to exist between relatives, or any two unrelated parties who have a common interest and do not carry out a transaction in a way that two complete strangers might.
If any of the above situations apply, then the proceeds of disposition are deemed to be equal to the amount that the policyholder would have received if he had fully surrendered the policy (unless the spousal or child rollover rules apply, as discussed shortly in Sections Assigning a policy to a spouse and Assigning a policy to a child). Usually this means the cash surrender value less any outstanding policy loans.
The person who acquires the policy acquires it with an ACB equal to this same amount. This keeps the policyholder from avoiding a policy gain by giving the policy away, or selling it to someone else at a discount to its true value.
EXAMPLE
Robert owned a UL policy on the life of his wife, Joanna, naming himself as the beneficiary. Robert is terminally ill and, in anticipation of his death, he assigned ownership of the policy to his brother, Jim. At the time of the assignment, the policy had an ACB of $34,000 and a CSV of $61,000. As a result of this disposition, Robert realized a policy gain of $27,000.
Policy gain = $61,000 – $34,000 = $27,000 Jim acquired the policy with an ACB of $61,000.
7.8.3 Assigning a policy to a spouse
The transfer is to any other non-arm’s length party.
A non-arm’s length relationship is deemed to exist between relatives, or any two unrelated parties who have a common interest and do not carry out a transaction in a way that two complete strangers might.
If any of the above situations apply, then the proceeds of disposition are deemed to be equal to the amount that the policyholder would have received if he had fully surrendered the policy (unless the spousal or child rollover rules apply, as discussed shortly in Sections Assigning a policy to a spouse and Assigning a policy to a child). Usually this means the cash surrender value less any outstanding policy loans.
The person who acquires the policy acquires it with an ACB equal to this same amount. This keeps the policyholder from avoiding a policy gain by giving the policy away, or selling it to someone else at a discount to its true value.
EXAMPLE
Robert owned a UL policy on the life of his wife, Joanna, naming himself as the beneficiary. Robert is terminally ill and, in anticipation of his death, he assigned ownership of the policy to his brother, Jim. At the time of the assignment, the policy had an ACB of $34,000 and a CSV of $61,000. As a result of this disposition, Robert realized a policy gain of $27,000.
Policy gain = $61,000 – $34,000 = $27,000 Jim acquired the policy with an ACB of $61,000.
7.8.3 Assigning a policy to a spouse
EXAMPLE
Noah recently assigned a life insurance policy with a CSV of $85,000 and an
ACB of $32,000 to his wife, Eve. Noah is deemed to have received proceeds
of $32,000, which will result in a policy gain of $0.
Policy gain = $32,000 – $32,000 = $0
Eve is deemed to have acquired the policy with an ACB of $32,000.
7.8.3.1 Opting out of the spousal rollover
The spousal rollover is automatic. However, the transferring spouse can choose to opt out of the rollover by filing a special election with his tax return. A policyholder might want to opt out of the rollover if he has a lower marginal tax rate than his spouse, or if he has income losses that he can use to absorb the resulting policy gain (e.g., rental or partnership losses).16 By opting out of the rollover, the ACB for the recipient spouse will be higher, which in turn will reduce the policy gain when the recipient spouse later disposes of the policy.
EXAMPLE (cont.)
Noah has a rental loss of $70,000 and no other taxable income. If he opts out of the automatic rollover, the policy assignment will result in a policy gain of $53,000.
Policy gain = $85,000 – $32,000 = $53,000
However, this will be more than offset by his rental loss, so it will not result in him having to pay tax. Furthermore, by opting out of the rollover, Eve’s ACB for the policy becomes $85,000.
7.8.3.2 Income attribution rules
When a taxpayer gives or sells property to his spouse, any property income (e.g., interest income, dividends or rents) or capital gains she earns on that property is generally17 subject to income attribution as long as the taxpayer is still alive. This means that the income will be taxable to the transferor spouse even if it is earned and legally belongs to the recipient spouse. Once the transferor spouse dies, the income attribution rules cease to apply.
16. This excludes capital losses, because capital losses can generally only be applied against taxable capital gains. 17. Income attribution will not apply if the recipient spouse pays fair market value for the policy and the transferor spouse opts out of the automatic rollover.
example
Policy gain = $32,000 – $32,000 = $0
Eve is deemed to have acquired the policy with an ACB of $32,000.
7.8.3.1 Opting out of the spousal rollover
The spousal rollover is automatic. However, the transferring spouse can choose to opt out of the rollover by filing a special election with his tax return. A policyholder might want to opt out of the rollover if he has a lower marginal tax rate than his spouse, or if he has income losses that he can use to absorb the resulting policy gain (e.g., rental or partnership losses).16 By opting out of the rollover, the ACB for the recipient spouse will be higher, which in turn will reduce the policy gain when the recipient spouse later disposes of the policy.
EXAMPLE (cont.)
Noah has a rental loss of $70,000 and no other taxable income. If he opts out of the automatic rollover, the policy assignment will result in a policy gain of $53,000.
Policy gain = $85,000 – $32,000 = $53,000
However, this will be more than offset by his rental loss, so it will not result in him having to pay tax. Furthermore, by opting out of the rollover, Eve’s ACB for the policy becomes $85,000.
7.8.3.2 Income attribution rules
When a taxpayer gives or sells property to his spouse, any property income (e.g., interest income, dividends or rents) or capital gains she earns on that property is generally17 subject to income attribution as long as the taxpayer is still alive. This means that the income will be taxable to the transferor spouse even if it is earned and legally belongs to the recipient spouse. Once the transferor spouse dies, the income attribution rules cease to apply.
16. This excludes capital losses, because capital losses can generally only be applied against taxable capital gains. 17. Income attribution will not apply if the recipient spouse pays fair market value for the policy and the transferor spouse opts out of the automatic rollover.
example
Suppose that Noah did not opt out of the automatic rollover, and that Eve later
surrendered the policy when its CSV was $94,000. As a result of the income
attribution rules, Noah would have to report the resulting policy gain of
$62,000.
Policy gain = $94,000 – $32,000 = $62,000
This happens even though Eve is the one who would have actually received the money. If Eve waited until Noah died to surrender the policy, she would have to report the policy gain as part of her own income.
Policy gain = $94,000 – $32,000 = $62,000
This happens even though Eve is the one who would have actually received the money. If Eve waited until Noah died to surrender the policy, she would have to report the policy gain as part of her own income.
7.8.4 Assigning a policy to a child
The Income Tax Act also allows a policyholder to rollover an insurance policy to a child, if all of the following conditions apply:
The transfer is done for no consideration (i.e., the child didn’t pay the policyholder for the policy);
The life insured by the policy is the child, or that child’s child. The rollover will not apply if the policyholder is transferring a policy to his child and the policyholder is the life insured under that policy.
EXAMPLE
Rhonda owned a UL policy with an ACB of $16,000 and a CSV of $29,500 on the life of her daughter, Jolene, who is 19 years old. Rhonda gave the policy to Jolene for her 19th birthday. Because of the automatic rollover, Rhonda is deemed to have received proceeds equal to her ACB of $16,000, so no policy gain is triggered at the time of the gift. Jolene is deemed to receive the policy with an ACB of $16,000.
Any policy gain that is subsequently triggered when the transferee child disposes of the policy will be taxable to that child, as long as the child is at least 18 years old by the end of the year. If the child is under 18, the income attribution rules will apply and the policy gain will be taxable to the original policyholder.
EXAMPLE (cont.)
Jolene surrendered the policy shortly after receiving ownership of it. She realized a policy gain of $13,500.
Policy gain = $29,500 – $16,000 = $13,500
Because she is over 18 years of age, the policy gain will be taxable in her hands.
The Income Tax Act also allows a policyholder to rollover an insurance policy to a child, if all of the following conditions apply:
The transfer is done for no consideration (i.e., the child didn’t pay the policyholder for the policy);
The life insured by the policy is the child, or that child’s child. The rollover will not apply if the policyholder is transferring a policy to his child and the policyholder is the life insured under that policy.
EXAMPLE
Rhonda owned a UL policy with an ACB of $16,000 and a CSV of $29,500 on the life of her daughter, Jolene, who is 19 years old. Rhonda gave the policy to Jolene for her 19th birthday. Because of the automatic rollover, Rhonda is deemed to have received proceeds equal to her ACB of $16,000, so no policy gain is triggered at the time of the gift. Jolene is deemed to receive the policy with an ACB of $16,000.
Any policy gain that is subsequently triggered when the transferee child disposes of the policy will be taxable to that child, as long as the child is at least 18 years old by the end of the year. If the child is under 18, the income attribution rules will apply and the policy gain will be taxable to the original policyholder.
EXAMPLE (cont.)
Jolene surrendered the policy shortly after receiving ownership of it. She realized a policy gain of $13,500.
Policy gain = $29,500 – $16,000 = $13,500
Because she is over 18 years of age, the policy gain will be taxable in her hands.
7.8.4.3 Education funding or other intergenerational transfers
The rollover of an insurance policy to a child provides some interesting opportunities for intergenerational wealth transfer. For example, a policyholder could acquire a UL policy on the life of a child, and maximum fund it to build up the CSV as quickly as possible. He could then give the policy to that child, and the rollover would apply.
Once the child is 18 years of age, the child could surrender the policy, and the policy gain would be taxable in that child’s hands, often when the child has little or no other taxable income. However, if the child surrenders the policy prior to age 18, income attribution rules would apply, meaning that the original policyholder would have to report the policy gain as income.
EXAMPLE
Dorothy is in the top marginal tax bracket, such that any interest income she earns personally is taxed at 44%. Dorothy bought a UL policy on the life of her daughter Madelyn, with the intention of eventually giving the policy to Madelyn’s daughter Jackie (i.e., Dorothy’s granddaughter), to help with her education expenses. By the time Jackie was 18, the policy had a cash surrender value (CSV) of $54,000 and an adjusted cost basis (ACB) of $18,000. Dorothy gave the policy to Jackie for her 18th birthday. The policy qualified for a rollover, so Jackie acquired the policy with an ACB of $18,000.
Jackie immediately withdrew $15,000 to pay for her first year of university. The
prorated ACB for her withdrawal is $5,000.
Prorated ACB = ($15,000 ÷ $54,000) × $18,000 Her withdrawal will result in a policy gain of $10,000.
Policy gain = $15,000 – $5,000 = $10,000
She has no other sources of taxable income, so this will be fully sheltered by her basic personal exemption,18 and she will not have to pay any tax. If her grandmother, Dorothy, had retained ownership of the policy and made the same withdrawal, Dorothy would have had to pay tax of $4,400.
Amount of tax Dorothy would have paid = $10,000 × 44%
Note that this tax strategy tends to be more effective when the transfer skips a generation, and when the life insured is not a minor. This is because the amount of money that can be accumulated within an exempt policy is partially a function of the age of the life insured and the face amount. The younger the life insured and the lower the face amount, the lower the MTAR line on the exempt test policy.
Prorated ACB = ($15,000 ÷ $54,000) × $18,000 Her withdrawal will result in a policy gain of $10,000.
Policy gain = $15,000 – $5,000 = $10,000
She has no other sources of taxable income, so this will be fully sheltered by her basic personal exemption,18 and she will not have to pay any tax. If her grandmother, Dorothy, had retained ownership of the policy and made the same withdrawal, Dorothy would have had to pay tax of $4,400.
Amount of tax Dorothy would have paid = $10,000 × 44%
Note that this tax strategy tends to be more effective when the transfer skips a generation, and when the life insured is not a minor. This is because the amount of money that can be accumulated within an exempt policy is partially a function of the age of the life insured and the face amount. The younger the life insured and the lower the face amount, the lower the MTAR line on the exempt test policy.
Maximum Tax Actuarial Reserve (MTAR)
In other words, the MTAR line of the ETP describes an accumulating fund that will grow to equal
the death benefit by the time the life insured reaches age 85, based on fixed deposits for 20 years,
and growth at an assumed interest rate, minus the cost of insurance. This rate should be 4 %
minimum. (Adjustments are made if the policy was issued after age 65, but that is beyond the
scope of this Chapter).
When comparing the cash values of the actual policy to the ETP, the CSV is used (i.e., the cash value – any surrender charges). If the CSV of the actual policy is less than the MTAR of the ETP, then the policy is exempt from annual accrual taxation.
7.6.3 Maximum Tax Actuarial Reserve (MTAR) remedies
While life insurance policies are initially designed to be exempt, it is possible for a policy to become non-exempt after issue, usually due to investment returns that were higher than expected. Fortunately, neither the policyholder nor the agent is responsible for applying or monitoring the results of the MTAR rule. Usually the terms of the life insurance contract specify that the insurance company is responsible for ensuring that the policy remains exempt.
If the policy fails the MTAR test on its anniversary, the Income Tax Act allows a grace period of 60 days after that date for the problem to be fixed before the policy officially loses its exempt status. Once an exempt policy is declared to be non-exempt (i.e., if it cannot be restored during the 60-day grace period), it remains non-exempt forever.
When comparing the cash values of the actual policy to the ETP, the CSV is used (i.e., the cash value – any surrender charges). If the CSV of the actual policy is less than the MTAR of the ETP, then the policy is exempt from annual accrual taxation.
7.6.3 Maximum Tax Actuarial Reserve (MTAR) remedies
While life insurance policies are initially designed to be exempt, it is possible for a policy to become non-exempt after issue, usually due to investment returns that were higher than expected. Fortunately, neither the policyholder nor the agent is responsible for applying or monitoring the results of the MTAR rule. Usually the terms of the life insurance contract specify that the insurance company is responsible for ensuring that the policy remains exempt.
If the policy fails the MTAR test on its anniversary, the Income Tax Act allows a grace period of 60 days after that date for the problem to be fixed before the policy officially loses its exempt status. Once an exempt policy is declared to be non-exempt (i.e., if it cannot be restored during the 60-day grace period), it remains non-exempt forever.
In other words, the MTAR line of the ETP describes an accumulating fund that will grow to equal
the death benefit by the time the life insured reaches age 85, based on fixed deposits for 20 years,
and growth at an assumed interest rate, minus the cost of insurance. This rate should be 4 %
minimum. (Adjustments are made if the policy was issued after age 65, but that is beyond the
scope of this Chapter).
When comparing the cash values of the actual policy to the ETP, the CSV is used (i.e., the cash value – any surrender charges). If the CSV of the actual policy is less than the MTAR of the ETP, then the policy is exempt from annual accrual taxation.
7.6.3 Maximum Tax Actuarial Reserve (MTAR) remedies
While life insurance policies are initially designed to be exempt, it is possible for a policy to become non-exempt after issue, usually due to investment returns that were higher than expected. Fortunately, neither the policyholder nor the agent is responsible for applying or monitoring the results of the MTAR rule. Usually the terms of the life insurance contract specify that the insurance company is responsible for ensuring that the policy remains exempt.
If the policy fails the MTAR test on its anniversary, the Income Tax Act allows a grace period of 60 days after that date for the problem to be fixed before the policy officially loses its exempt status. Once an exempt policy is declared to be non-exempt (i.e., if it cannot be restored during the 60-day grace period), it remains non-exempt forever.
When comparing the cash values of the actual policy to the ETP, the CSV is used (i.e., the cash value – any surrender charges). If the CSV of the actual policy is less than the MTAR of the ETP, then the policy is exempt from annual accrual taxation.
7.6.3 Maximum Tax Actuarial Reserve (MTAR) remedies
While life insurance policies are initially designed to be exempt, it is possible for a policy to become non-exempt after issue, usually due to investment returns that were higher than expected. Fortunately, neither the policyholder nor the agent is responsible for applying or monitoring the results of the MTAR rule. Usually the terms of the life insurance contract specify that the insurance company is responsible for ensuring that the policy remains exempt.
If the policy fails the MTAR test on its anniversary, the Income Tax Act allows a grace period of 60 days after that date for the problem to be fixed before the policy officially loses its exempt status. Once an exempt policy is declared to be non-exempt (i.e., if it cannot be restored during the 60-day grace period), it remains non-exempt forever.
In other words, the MTAR line of the ETP describes an accumulating fund that will grow to equal
the death benefit by the time the life insured reaches age 85, based on fixed deposits for 20 years,
and growth at an assumed interest rate, minus the cost of insurance. This rate should be 4 %
minimum. (Adjustments are made if the policy was issued after age 65, but that is beyond the
scope of this Chapter).
When comparing the cash values of the actual policy to the ETP, the CSV is used (i.e., the cash value – any surrender charges). If the CSV of the actual policy is less than the MTAR of the ETP, then the policy is exempt from annual accrual taxation.
7.6.3 Maximum Tax Actuarial Reserve (MTAR) remedies
While life insurance policies are initially designed to be exempt, it is possible for a policy to become non-exempt after issue, usually due to investment returns that were higher than expected. Fortunately, neither the policyholder nor the agent is responsible for applying or monitoring the results of the MTAR rule. Usually the terms of the life insurance contract specify that the insurance company is responsible for ensuring that the policy remains exempt.
If the policy fails the MTAR test on its anniversary, the Income Tax Act allows a grace period of 60 days after that date for the problem to be fixed before the policy officially loses its exempt status. Once an exempt policy is declared to be non-exempt (i.e., if it cannot be restored during the 60-day grace period), it remains non-exempt forever.
When comparing the cash values of the actual policy to the ETP, the CSV is used (i.e., the cash value – any surrender charges). If the CSV of the actual policy is less than the MTAR of the ETP, then the policy is exempt from annual accrual taxation.
7.6.3 Maximum Tax Actuarial Reserve (MTAR) remedies
While life insurance policies are initially designed to be exempt, it is possible for a policy to become non-exempt after issue, usually due to investment returns that were higher than expected. Fortunately, neither the policyholder nor the agent is responsible for applying or monitoring the results of the MTAR rule. Usually the terms of the life insurance contract specify that the insurance company is responsible for ensuring that the policy remains exempt.
If the policy fails the MTAR test on its anniversary, the Income Tax Act allows a grace period of 60 days after that date for the problem to be fixed before the policy officially loses its exempt status. Once an exempt policy is declared to be non-exempt (i.e., if it cannot be restored during the 60-day grace period), it remains non-exempt forever.
7.10 Taxation of life insurance strategies
The previous sections have examined how life insurance is taxed from a product perspective. This Section explores the tax implications of various strategies that can be implemented using insurance, including:
Using the policy for collateral, including borrowing for business use; Annuitizing the cash surrender value to create a steady income;
Leveraging a life insurance policy to create a retirement income;
Charitable giving.
The previous sections have examined how life insurance is taxed from a product perspective. This Section explores the tax implications of various strategies that can be implemented using insurance, including:
Using the policy for collateral, including borrowing for business use; Annuitizing the cash surrender value to create a steady income;
Leveraging a life insurance policy to create a retirement income;
Charitable giving.
EXAMPLE
Heloise borrowed $200,000 from a financial institution to expand her business. The lender required the collateral assignment of her $500,000 universal life policy, which had an adjusted cost basis (ACB) of $160,000 and a cash surrender value (CSV) of $250,000. Heloise paid premiums of $12,000 annually, with a NCPI of $3,200.
Because Heloise’s policy is for $500,000 but the loan is only for $200,000, she can only deduct 40% of the NCPI.
Percentage of NCPI deductible = $200,000 ÷ $500,000 = 40% So, she can deduct $1,280 as a business expense.
Deduction = 40% × $3,200 = $1,280
Heloise borrowed $200,000 from a financial institution to expand her business. The lender required the collateral assignment of her $500,000 universal life policy, which had an adjusted cost basis (ACB) of $160,000 and a cash surrender value (CSV) of $250,000. Heloise paid premiums of $12,000 annually, with a NCPI of $3,200.
Because Heloise’s policy is for $500,000 but the loan is only for $200,000, she can only deduct 40% of the NCPI.
Percentage of NCPI deductible = $200,000 ÷ $500,000 = 40% So, she can deduct $1,280 as a business expense.
Deduction = 40% × $3,200 = $1,280
7.10.3.1 Collateralizing the cash surrender value (CSV)
Recall that a policyholder may be able to use the CSV of his life insurance policy as collateral for a loan, and that doing so does not trigger a deemed disposition.
Under an insured retirement strategy, the policyholder negotiates a series of annual loans, where each loan is secured by the policy’s CSV. When the life insured dies, the lender recovers the amount of the cumulative loans from the death benefit, with the remainder going to the beneficiaries. This is called collateralizing the CSV.
The policyholder gets a tax-free payment from the lender, which can be particularly important to those in retirement who are trying to minimize their net income to avoid claw backs of Old Age Security (OAS) benefits.
The cash value remains in the policy where it can continue to grow on a tax-sheltered basis. This growth in the accumulating fund will help extend the duration of the income stream, because the lender will not let the cumulative loans exceed a certain percentage of the CSV.
Recall that a policyholder may be able to use the CSV of his life insurance policy as collateral for a loan, and that doing so does not trigger a deemed disposition.
Under an insured retirement strategy, the policyholder negotiates a series of annual loans, where each loan is secured by the policy’s CSV. When the life insured dies, the lender recovers the amount of the cumulative loans from the death benefit, with the remainder going to the beneficiaries. This is called collateralizing the CSV.
The policyholder gets a tax-free payment from the lender, which can be particularly important to those in retirement who are trying to minimize their net income to avoid claw backs of Old Age Security (OAS) benefits.
The cash value remains in the policy where it can continue to grow on a tax-sheltered basis. This growth in the accumulating fund will help extend the duration of the income stream, because the lender will not let the cumulative loans exceed a certain percentage of the CSV.
EXAMPLE
Doris owns a UL policy with a CSV of $380,000. She made an arrangement to
receive a loan of $20,000 each year, secured by her insurance policy. She
receives the $20,000 at the beginning of each year, and does not need to
report it as taxable income.
7.10.3.2 Interest paid or capitalized
Depending on the lender, the policyholder may have to pay the interest on the loans annually, or the lender may allow the interest to be capitalized, meaning it will be added to the cumulative loan balance outstanding, which is payable at death.
Both methods have their drawbacks. Interest that has to be paid annually will reduce the policyholder’s retirement cash flow. Interest that is capitalized will reduce the policy’s estate value.
7.10.3.2 Interest paid or capitalized
Depending on the lender, the policyholder may have to pay the interest on the loans annually, or the lender may allow the interest to be capitalized, meaning it will be added to the cumulative loan balance outstanding, which is payable at death.
Both methods have their drawbacks. Interest that has to be paid annually will reduce the policyholder’s retirement cash flow. Interest that is capitalized will reduce the policy’s estate value.
-
7.10.5 Managing taxes upon death
Life insurance is often used to manage or pay for the taxes that become due as a result of death. While life insurance cannot help the policyholder or life insured avoid these taxes, it can provide the funds to pay them, and thereby preserve the estate for the intended beneficiaries. The four primary taxes or fees that can burden an estate include:
Tax on capital gains;
Tax resulting from the collapsing of registered plans (RRSP, RRIF, etc.); Taxes payable by the estate;
Probate fees.
Agents must estimate these liabilities with sufficient accuracy to determine if the estate will be large enough to cover them, or if insurance is required. Candidates are reminded to review the Booklet entitled Life insurance taxation principles to ensure they are familiar with these tax principles.
11.3.4.3 Debt elimination
A common objective in a life insurance needs analysis is to ensure that the estate has sufficient liquidity to pay off all debts owing at the time of death.
A common objective in a life insurance needs analysis is to ensure that the estate has sufficient liquidity to pay off all debts owing at the time of death.
Monday, July 17, 2017
Life Stages - जीवन के पड़ाव
Life Stages - जीवन के पड़ाव :
प्राचीन काल से मनीषियों ने जीवन को चार भागों में बाँटा है -
बाल्यकाल : धर्म शिक्षा , जीवन जीने का तरीक़ा और दिशा निर्धारित करना । ऐसा करते हुए अधिक से अधिक ऊर्जा, क्षमता विकसित करना।
युवावस्था : विवाह करके घर बसाना, वंश वृद्धि, धन कमाना और परिवार , समाज की आवश्यकताओं की पूर्ति करना ।
इस अवस्था में सामान्यतः गति , ऊर्जा का क्षय मूलाधार से नाभि तक , पहले तीन नीचे के चक्र , अर्थात भोगों (मैथुन, और खान पान , fast food etc) में होता है।
वयस्क (वानप्रस्थ): अंततः एक ऐसी अवस्था आती है , जब पाचन शक्ति क्षीण होती है, शारीरिक रोगों की शुरुआत हो , रोज़गार में झटका लगता है, या अपने बच्चों, रिश्तेदारों, दोस्तों से वियोग, वैमनस्य, तिरस्कार मिले, संसार से विरक्ति , ऊचाट होने लगे, तब समझ लेना चाहि कि हम सांसारिक (worldly) और पारलौकिक यात्रा (spiritual journey) के मोड़ पर , सन्धि पर खड़े हैं। ऐसी अवस्था में सत्संग और कथा श्रवण के द्वारा अपनी ऊर्जा को ऊर्ध्व गति दे और तप, साधना के द्वारा हृदय चक्र (४ th) को पार कर ले।
सन्यास: इस प्रकार सत्संग के प्रभाव से और भगवान के सुमिरन, कृपा से धीरे धीरे मन संसार से विरक्त होकर भगवान में रमण करने लगता है, भजन, प्रेम पुकार , करुणा जागृत हो जाती है और इंद्रियाँ परोपकार में , सेवा में अग्रसर होने लगती हैं। व्यक्ति संसार के बंधनों से मुक्त हो अपनी जीवन भर की कमाई और ज्ञान को बाँटकर मुक्त हो जाता है ।
यही भगवान राम की चार यात्रा है या जीवन के चार चरण हैं -
१) अयोध्या से विश्वामित्र गुरु के साथ आश्रम, जनकपुर यात्रा
२) अयोध्या से चित्रकूट की यात्रा
३) चित्रकूट से पंचवटी की यात्रा
४) पंचवटी से किष्किन्धा होते हुए लंका की यात्रा , जो अयोध्या में पूर्ण विराम लेती है।
हम सभी अपने परम धाम से बिछड़े हैं, और सभी को अपनी यात्रा पूरी करके परम धाम वापस जाना है ।
प्राचीन काल से मनीषियों ने जीवन को चार भागों में बाँटा है -
बाल्यकाल : धर्म शिक्षा , जीवन जीने का तरीक़ा और दिशा निर्धारित करना । ऐसा करते हुए अधिक से अधिक ऊर्जा, क्षमता विकसित करना।
युवावस्था : विवाह करके घर बसाना, वंश वृद्धि, धन कमाना और परिवार , समाज की आवश्यकताओं की पूर्ति करना ।
इस अवस्था में सामान्यतः गति , ऊर्जा का क्षय मूलाधार से नाभि तक , पहले तीन नीचे के चक्र , अर्थात भोगों (मैथुन, और खान पान , fast food etc) में होता है।
वयस्क (वानप्रस्थ): अंततः एक ऐसी अवस्था आती है , जब पाचन शक्ति क्षीण होती है, शारीरिक रोगों की शुरुआत हो , रोज़गार में झटका लगता है, या अपने बच्चों, रिश्तेदारों, दोस्तों से वियोग, वैमनस्य, तिरस्कार मिले, संसार से विरक्ति , ऊचाट होने लगे, तब समझ लेना चाहि कि हम सांसारिक (worldly) और पारलौकिक यात्रा (spiritual journey) के मोड़ पर , सन्धि पर खड़े हैं। ऐसी अवस्था में सत्संग और कथा श्रवण के द्वारा अपनी ऊर्जा को ऊर्ध्व गति दे और तप, साधना के द्वारा हृदय चक्र (४ th) को पार कर ले।
सन्यास: इस प्रकार सत्संग के प्रभाव से और भगवान के सुमिरन, कृपा से धीरे धीरे मन संसार से विरक्त होकर भगवान में रमण करने लगता है, भजन, प्रेम पुकार , करुणा जागृत हो जाती है और इंद्रियाँ परोपकार में , सेवा में अग्रसर होने लगती हैं। व्यक्ति संसार के बंधनों से मुक्त हो अपनी जीवन भर की कमाई और ज्ञान को बाँटकर मुक्त हो जाता है ।
यही भगवान राम की चार यात्रा है या जीवन के चार चरण हैं -
१) अयोध्या से विश्वामित्र गुरु के साथ आश्रम, जनकपुर यात्रा
२) अयोध्या से चित्रकूट की यात्रा
३) चित्रकूट से पंचवटी की यात्रा
४) पंचवटी से किष्किन्धा होते हुए लंका की यात्रा , जो अयोध्या में पूर्ण विराम लेती है।
हम सभी अपने परम धाम से बिछड़े हैं, और सभी को अपनी यात्रा पूरी करके परम धाम वापस जाना है ।
Great sages of Kashmir
In the last millennium, Kashmir, as also the rest of India, has produced a galaxy of great saints,
seers and savants who have enriched, elevated and refined life and helped the people at large
in distress. In India, we have had illustrious God-men like Kabir, Tulsi, Surdas, TukaRam,
Srikrishna Chaitanya, Eknath, Narsi Mehta, Tyagaraja, Dhyaneshwar, Tiruvalluvar, Namdev,
Mirabai, Dayanand, Guru Nanak, Sri Ramakrishna Paramahansa, Vivekananda, Swami Ram,
Shri Sai Baba of Shirdi, Ramana Maharishi, Sri Satya Sai Baba, and Sri Aurobindo. In Kashmir,
too, we have had the great fortune of producing greatsaints like Lalleshwari, Rupa Bhawani,
Sheikh Nuruddin, Parmanand, Rishipir, Jeewan Shah, Lassa Sahib, Anandji, Ramji, Sahib Kaul,
Manas Razdan, Zaikak, Kakaji Mastana, Grata Bab, Ramjoo Tabardar, Vidya Dar, Shankar
Razdan, Bhagwaan Gopinath Ji, Kashkak, Sona Kak, Nandlal Ji, Swami Lakshman Joo, Sati
Devi and Mathura Devi.
http://koausa.org/saints/doc/saints.pdf
http://koausa.org/saints/doc/saints.pdf
Healthy Food & bacteria
How dangerous could be pasteurized milk:
All these research done on pasteurized milk, not on fresh cow milk.
Living Body Must provide Living Environment in the Gut:
Without living bacteria, the nutritious, therapeutic properties of herbs, spices, milk, milk products and even grains are lost; probiotics are no substitute.
Refined products - oil, sugar and salt are poisonous to body.
Low PH soft drinks kill the healthy bacteria in gut, and as harmful as antibiotics.
Pesticides, chemical fertilizer and genetically modified (mixing of genes, not genetically engineered) seeds are unnatural and hence totally harmful. Fresh Organic food, without preservatives (frozen food) should be available to everyone at affordable rates, food & dairy industry simply not allowing this to happen.
Raddish, ginger and pickles help in secretion of engymes and hence, help in digestion. It must be consumed with full meal. Healthy food combinations should be known to everyone - sour and sweet (PH balance), cold & hot, fat / starch and protein should not be consumed at the same time.
http://healinglifeisnatural.com/milk-does-the-body-good-is-the-biggest-lie-ever-and-how-big-government-helps-big-dairy-sell-milk/
All these research done on pasteurized milk, not on fresh cow milk.
Living Body Must provide Living Environment in the Gut:
Without living bacteria, the nutritious, therapeutic properties of herbs, spices, milk, milk products and even grains are lost; probiotics are no substitute.
Refined products - oil, sugar and salt are poisonous to body.
Low PH soft drinks kill the healthy bacteria in gut, and as harmful as antibiotics.
Pesticides, chemical fertilizer and genetically modified (mixing of genes, not genetically engineered) seeds are unnatural and hence totally harmful. Fresh Organic food, without preservatives (frozen food) should be available to everyone at affordable rates, food & dairy industry simply not allowing this to happen.
Raddish, ginger and pickles help in secretion of engymes and hence, help in digestion. It must be consumed with full meal. Healthy food combinations should be known to everyone - sour and sweet (PH balance), cold & hot, fat / starch and protein should not be consumed at the same time.
http://healinglifeisnatural.com/milk-does-the-body-good-is-the-biggest-lie-ever-and-how-big-government-helps-big-dairy-sell-milk/
Sunday, July 16, 2017
कर्म योग और कर्म फल (महात्मा गांधी, शास्त्री कर्म योगी, बाक़ी नेहरु से लेकर आजतक के सारे नेता भोगी)
कर्म की कुशलता ही कर्म योग है ।
कुशलता का अर्थ यहाँ स्वार्थ रहित , समाज कल्यनार्थ कर्म से है ।
हम सभी दैनिक जीवन , व्यवसाय और नौकरी में अपने फ़ायदे के लिए कुछ भी करने को तय्यार रहते हैं। यहाँ तक कि अपने बच्चों को भी यही शिक्षा देते हैं की पढ़लिख कर कुछ बन जाओ और अपने पैरों पर खड़े हो जाओ, अर्थात कुछ कमाई कर सको । तो पढ़ने , व्यवसाय , नौकरी का उद्देश्य है पैसा कमाना। यहाँ तक कुछ भी ग़लत नहीं है।
पर कोई भी व्यवसाय, नौकरी में ऐसे क्षण बार बार आते हैं जब हमें निर्णय करना होता है कि ऐसा करना समाज , वातावरण और मानवता की दृष्टि से उचित होगा या नहीं। और अपने अंतहकरण से भगवान हमें सचेत भी करते हैं , पर हम अपने स्वार्थ के लिए अपने कर्तव्य से च्युत , भाग जाते है। पदोन्नति, नौकरी बचाए रखने का प्रलोभन या अधिक से अधिक मुनाफ़े का प्रलोभन किसको आकर्षित नहीं करता ? इसीलिए भगवान की स्पष्ट घोषणा है की कर्मफल पर तुम्हारा अधिकार नहीं है , अगर तुम कर्मफल की इच्छा से अपने कर्तव्य मार्ग से विलग हो गए, भटक गए, तो अंततः तुम्हें घोर परिणाम भुगतना ही पड़ेगा। यही कर्म बंधन है , जिस लाभ के लिये तुमने short cut लिया , compromise किया वो तुम्हारा पीछा नहीं छोड़ेगा। (क्रिया प्रतिक्रिया , action reaction का सिद्धान्त।)
इसके विपरीत जो अपने कर्तव्य पालन पर अडिग रहता है ,परिणाम की चिंता नहीं करता वो निष्कामी सहज ही योग की (अपने अंतहकरण, भगवान की आवाज , गीत सुनने के योग्य बनने से ) चरम स्थिति को पा जाता है और लाभ हानि, सुख दुःख आदि द्वंद्व से ऊपर उठकर संसार बंधन में नहीं फँसता।
Three Catagories of work, service according to our shashtra
All kinds of work divided in three categories according to shashtra -
1) uttam:
giving knowledge, education with character building, which benefit society is the top category
2) Madhyam:
Feeding people I.e. Farmers and kshatriya who provide security are exalted as second great service, work
3) Neech
Working for own sake, selfishness I.e. all jobs , naukari (shudra) are categorized as lowest category, neech karma. What we see in today's world most of us aspire to become professional, however, few of us realize there is no professional ethics followed when it comes to making profit, money. Ultimately, we end up working for not a company, or for the sake of profession, but for serving our bosses, this is the form of slavery which evetually degrades us to the lowest level - अधम।
Saturday, July 15, 2017
Thursday, July 13, 2017
Wednesday, July 12, 2017
Monday, July 10, 2017
का वर्षा जब कृषि सुखानी, समय चूँकि पुनि का पछतानी।
वक़्त से दिन और रात, वक़्त से कल और आज
वक़्त की हर शह ग़ुलाम , वक़्त का हर शह पे राज।
वक़्त ने किया क्या हँसी सितम , तुम रहे न तुम , हम रहे न हम।
किसी की ज़िंदगी अपने ideal, प्रेमी, object of worship को ढूँढने, मूर्त रूप देने में निकल जाती है । और कोई पत्थर की मूर्ति में ही अपने प्रेमी , भगवान को पा लेता है। बाक़ी लालची भिखारियों की तरह इधर उधर , मैखानो, मंदिरों में दुआएँ करते रहते हैं, शायद कोई ऐसी चीज़ मिल जाए जिससे पूर्ण तृप्ति हो जाए।
Insurance - suffering Whole Life
https://www.forbes.com/sites/investor/2012/09/13/retirement-disaster-looms-for-universal-life-policyholders/#4c4a31ad23e1
https://www.wsj.com/articles/cost-of-universal-life-insurance-stings-retirees-1439172119
http://perry.kundert.ca/range/finance/ul-blows/
http://www.investopedia.com/articles/personal-finance/021716/universal-life-insurance-hidden-dangers-retirees.asp
http://www.investopedia.com/articles/fa-profession/090816/cash-value-vs-surrender-value-what-difference.asp
UNIVERSAL LIFE POLICY:
https://www.wsj.com/articles/cost-of-universal-life-insurance-stings-retirees-1439172119
http://perry.kundert.ca/range/finance/ul-blows/
http://www.investopedia.com/articles/personal-finance/021716/universal-life-insurance-hidden-dangers-retirees.asp
http://www.investopedia.com/articles/fa-profession/090816/cash-value-vs-surrender-value-what-difference.asp
UNIVERSAL LIFE POLICY:
4.3.5 Guaranteed vs. adjustable mortality deductions
The discussion so far has assumed that the yearly renewable term (YRT) or level cost of insurance (LCOI) costing schedule is set when the universal life (UL) policy is issued, and that it is guaranteed for the life of the policy. While this may be true, it is not always the case.
UL policyholders would probably prefer the certainty of knowing exactly how mortality deductions are going to be calculated in the future. This is particularly true for YRT costing, which already increases dramatically at older ages. However, the insurance companies would prefer to be able to adjust the COI schedules to reflect their actual experience with mortality, investment returns and administrative expenses. Agents should understand policies to determine whether the costing schedules are guaranteed for life, or subject to adjustment, and they should advise clients accordingly.
4.3.5.1 Open-ended or restricted increases
Where UL policies are subject to mortality costing adjustments, there is a further distinction between open-ended and restricted increases. A policy that allows open-ended increases in mortality costs results in significant risk for the policyholder. Most adjustable policies place a restriction on increases, such as limiting increases to 25%, 50% or 100% of the original schedule, or a specific dollar amount.
The discussion so far has assumed that the yearly renewable term (YRT) or level cost of insurance (LCOI) costing schedule is set when the universal life (UL) policy is issued, and that it is guaranteed for the life of the policy. While this may be true, it is not always the case.
UL policyholders would probably prefer the certainty of knowing exactly how mortality deductions are going to be calculated in the future. This is particularly true for YRT costing, which already increases dramatically at older ages. However, the insurance companies would prefer to be able to adjust the COI schedules to reflect their actual experience with mortality, investment returns and administrative expenses. Agents should understand policies to determine whether the costing schedules are guaranteed for life, or subject to adjustment, and they should advise clients accordingly.
4.3.5.1 Open-ended or restricted increases
Where UL policies are subject to mortality costing adjustments, there is a further distinction between open-ended and restricted increases. A policy that allows open-ended increases in mortality costs results in significant risk for the policyholder. Most adjustable policies place a restriction on increases, such as limiting increases to 25%, 50% or 100% of the original schedule, or a specific dollar amount.
4.5.4.1 Policy illustrations
UL policy documentation typically includes a policy illustration, which is a chart or table that shows projected values for the premiums, mortality deductions, investment account value, cash surrender value and death benefit for each year in the future. However, these projections are only intended to demonstrate how the policy works, and are not a prediction of guaranteed or expected performance.
UL policy outcomes are very sensitive to even small changes in investment performance, particularly over the long life of these policies. To highlight this sensitivity, most policy illustrations now include at least two sets of projections. The first will be at the current or requested rate of return, and second will be based on a slightly lower rate of return.
UL policy documentation typically includes a policy illustration, which is a chart or table that shows projected values for the premiums, mortality deductions, investment account value, cash surrender value and death benefit for each year in the future. However, these projections are only intended to demonstrate how the policy works, and are not a prediction of guaranteed or expected performance.
UL policy outcomes are very sensitive to even small changes in investment performance, particularly over the long life of these policies. To highlight this sensitivity, most policy illustrations now include at least two sets of projections. The first will be at the current or requested rate of return, and second will be based on a slightly lower rate of return.
Policy illustrations are usually accompanied by strong disclaimers, and agents must ensure that
policyholders understand that the projections are not predictions of future performance. In fact, the
policyholder is typically required to sign the illustration, acknowledging that he understands the
limitations of the illustration.
Sunday, July 9, 2017
Saturday, July 8, 2017
Friday, July 7, 2017
How to start a spice business
http://www.gaebler.com/How-to-Start-a-Spices-Business.htm
http://smallbusiness.chron.com/start-seasoning-business-2092.html
http://www.seriouseats.com/2014/05/secrets-of-the-spice-trade.html
https://www.homebusinessideascenter.com/spice-processing-and-packaging-a-small-scale-business-idea/
https://www.spicesinc.com/t-opening-a-spice-shop.aspx
http://smallbusiness.chron.com/start-seasoning-business-2092.html
http://www.seriouseats.com/2014/05/secrets-of-the-spice-trade.html
https://www.homebusinessideascenter.com/spice-processing-and-packaging-a-small-scale-business-idea/
https://www.spicesinc.com/t-opening-a-spice-shop.aspx
Indian Civilization the only surviving ancient civilization
To my mind comparing Hinduism with other world religion is like comparing apple with धतूरा. Better analogy would have been comparing Indian civilisation with other ancient civilisations.
When we analyse why other ancient civilisations vanished, whereas Indian survived, the one thing comes out clearly that apart from its unique geography, the Indian civilisation so far stood firmly on Truth and Nonviolence, thereby able to absorb , assimilate, digest other cultures and people. Whereas, other civilisations stood on black magic, superstition, deception and war - self destruction - annihilated each other.
But, today Indian civilisation passing through a tough times, and I hope the real spirit of Indians would rise once again and show to the world how to live together peacefully and harmoniously, instead of competing and dominating others.
सत्यमेव जयते।
सत्यम, शिवम् (पवित्र , कल्याणकारी), सुंदरम (प्रेम, आनंद वर्धक) की साधना ही जीवन का उद्देश्य है।
बाक़ी दुनिया में सब बकवास है ।
https://www.facebook.com/tarig.anter/posts/10211750003998394
When we analyse why other ancient civilisations vanished, whereas Indian survived, the one thing comes out clearly that apart from its unique geography, the Indian civilisation so far stood firmly on Truth and Nonviolence, thereby able to absorb , assimilate, digest other cultures and people. Whereas, other civilisations stood on black magic, superstition, deception and war - self destruction - annihilated each other.
But, today Indian civilisation passing through a tough times, and I hope the real spirit of Indians would rise once again and show to the world how to live together peacefully and harmoniously, instead of competing and dominating others.
सत्यमेव जयते।
सत्यम, शिवम् (पवित्र , कल्याणकारी), सुंदरम (प्रेम, आनंद वर्धक) की साधना ही जीवन का उद्देश्य है।
बाक़ी दुनिया में सब बकवास है ।
https://www.facebook.com/tarig.anter/posts/10211750003998394
Thursday, July 6, 2017
यथा पिंडे तथा ब्रम्हाण्डे, God created man in His image, ऋषि = ancient scientists, seers
जगदाधार शेष = blackhole, milkyway = क्षीरसागर, नारायण = manifest God laying on sheshnag शिव = cosmic unmanifest God, शिवलिंग = ब्रम्हाण्ड born on शिवरात्रि
श्री लक्ष्मण जी शेष का अवतार है ~शेष माने क्या ?? और जिसे हम हर समय देखते है ,छीर सागर क्या है ??
राम चरित मानस के वक्ता -और सभी चौपाइओ को कीलित कर स्वयंसिद्ध मन्त्र का रूप देने वाले भगवान् शंकर है -चूंकि भगवान् शंकर सत्यम शिवम् व् सुन्दरम के प्रतीक है इसलिए श्री राम चरित मानस की चौपाइओ में सत्यता है और सुन्दर व मंगलकारी जीवन बनाने का गुण है-
जब जनक जी के यहां सीता स्वयम्वर में श्री लक्ष्मण जी कहते है
" जो तुम्हार अनुसाशन पावो -कंदुक इव ब्रम्हांड उठावो ।
कांचे घट जिमि दारौ फोरी-सकऊ मूरि मूलक जिमि तोरी।
कहते है तब लगता यही है कि यह अलंकारिक भाषा है -गेंद की तरह ब्रम्हांड को उठाना , क्या कभी किसी के लिये सम्भव हो सकता है ? ?
*मेघनाद के वध के बाद लक्ष्मण जी की स्तुति करते हुए वहा भी
"जय अनंत जय जगदाधारा " (लंका काण्ड दोहा 76 के बाद ) -शक्ती लगने के बाद भी जब मेघनाथ श्री लक्ष्मण जी को नहीं उठा पाया तो
"जगदाधार शेष किमि -उठे चले खिसिआइ " कहा गया है -श्री लक्ष्मण जी के तीन गुण-
1- वे अनंत है -**2- वे जगत के आधार है और*** 3- वे शेष है ***
शेष शब्द के आधार पर सभी जगह उन्हें हजारो फन वाले शेषनाग जिनके सर पर प्रथ्वी रखी है का अवतार मान लिया गया है -यह बात का मै खंडन नहीं करता हूँ ,यह सच है ~ परन्तु आज के वैज्ञानिक युग में समझने में कठिनाई होती है- फिर सवाल है फिर शेष क्या है ? -
साधारण गणित के शब्दों में किसी संख्या से किसी संख्या में भाग देने के बाद जो नीचे बचता है उसे शेष कहते है -
हम यहाँ प्रभु राम और उनके अभिन्न साथी श्री लखन लाल की बात कर रहे है -प्रभू को
"" पूर्ण पूर्णमिदम " कहा जाता है तो प्रभू के साथ शेष कुछ नहीं यानी 0 ही बचना है -और जीरो का स्थान यँहा कुछ और नही सम्पूर्ण ही है
- अंतरिक्ष -आकाश है -जो अनंत भी है -कहा से कहा तक है मानव मस्तिष्क सोच भी नहीं सकता- अपनी प्रथ्वी के अलावा लाखो तारे -अनेकानेक सूर्य जैसे गृह उस शून्य में शून्य के आधार पर निश्चित कक्षा में टिके है -शून्य (शेष )ही सारे जगत का आधार है-
और "कांचे घट जिमि डारो फोरी "-यहां तो रोजाना तमाम तारे (stars) शेष भगवान द्वारा कच्चे घडे के समान टूटा करते है -और ब्लैक होल में क्या समाता है कल्पनातीत है -
अभी पिछले कुछ सालो पहले - विश्व के वैज्ञानिकों ने जमीन के नीचे शून्य की स्थिति पैदा कर जगत की उत्पत्ति जानने की कोशिश की और "God point" की खोज की तब शून्य का ब्लैक होल कही सारे विश्व को निगल न ले इसका भय व्याप्त हो गया था -
छीर सागर कहा है ??
*अनंत आकाश में अनंत तारो की दुधिया रोशनी ही क्षीर सागर है जहा शेष भगवान्( जो पूर्ण है ) की शक्ती लाखो तारो और प्रथ्वी को निश्चित कक्षा में संभाले हुए है
दुसरे साधारण शब्दों में , अपने शेष नाग के लाखो फनो पर उठाये हुए है -
भगवान् विष्णु सम्पूर्ण ब्रम्हांड में व्याप्त है यानी शेष भगवान् पर शयन कर रहे है -यही तात्विक अर्थ है ********************************* राम नाथ गुप्त कचहरीटोला कन्नौज
https://www.facebook.com/permalink.php?story_fbid=1960246974264721&id=100008383120664
Wednesday, July 5, 2017
Tuesday, July 4, 2017
Sunday, July 2, 2017
'Picnic', 'camping' a foreign culture?
Traditional indians too busy in karma kanda..
Whereas , I have seen picnic , camping ,barbeque an integral part of Arabic , european , Persian culture.
Despite having so many beutiful spots in india , to my mind only gujarati, marathi and bengali travels a lot and enjoy picnic, camping etc... I may be wrong!!
ऐसा ही एक नसीहत वाला song -
"जब ऋतु हसीन, दिल हो जवां
फिर क्यों न मनाएं पिकनिक"
Sanatan Dharma spread to whole world
This article strengthens our faith in humanity, our interconnectedness and our common God, lord Shiva.
https://m.facebook.com/story.php?story_fbid=1199737553486355&id=402430249883760
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