Union Budget 2012-13: Income Tax Limit From 1.8 Lakh To 2 Lakh In Union Budget 2012-13

Union Budget of India 2012-13 may bring cheer to the salaried class as the Centre is said to be mulling a restructuring of the income tax slab.
According to reports, Monday, Union Finance minister Pranab Mukherjee may announce a rejig in income tax slabs and also increase the income tax exemption limit from the existing Rs 1.8 lakh to at least Rs 2 lakh.
A newspaper report said that the new tax slabs could be in line with the Direct Taxes Code Bill, which was introduced in Parliament in 2010.
The proposed bill says that incomes between Rs 2-5 lakh be taxed 10 percent, Rs 5-10 lakh be taxed 20 percent and incomes above Rs 10 lakh per annum to be taxed 30 percent.
The present tax structure is that incomes between Rs 1.8 lakh and Rs 5 lakh are taxed 10 percent, those between Rs 5-8 lakh taxed 20 percent while 30 percent tax is slapped on incomes above Rs 8 lakh.
Clearly, the government appears in mood to provide succor to the aam admi as the proposed tax restructuring will lead to an increase in disposable incomes, consumption spending and savings.

Bhagat Ram 1 Crore Lottery: Bhagat Ram Wins Rs 1 Crore Punjab Lohri Bumper Lottery

Vegetable cart vendor from Sirsa Bhagat Ram had the most pleasant shock of his life when he learnt from an agent in Bhatinda, that he had won Rs 1 crore in the Punjab State Bumper Lohri Lottery.
For the last 22 years, Bhagat Ram had been going early at 4 am to the local mandi daily to buy vegetables from wholesellers.
On Friday, he learnt from the Bhatinda agent that he had won the bumper lottery. Bhagat Ram would be getting around Rs 66 lakhs, after Income-Tax deduction at source.
Bhagat Ram had been buying Punjab state bumper lottery tickets since the last 15 years. His father passed away years ago, and his mother took care of all the four sons.
The family lives in a ramshackle house. Bhagat Ram’s three brothers are engaged as labourers.
Says Bhagat Ram,’ I will first repair my house when I get the money’.
Because of poverty, Bhagat Ram had left his education after class VI. He now aspires for his children to study higher.
Bhagat Ram says he will continue to sell vegetables on his handcart.

Padma Awards 2012 Winners: Full List Of Padma Awards 2012 Winners Announced

The President of India on the eve of Republic Day, Wednesday, approved the list of recipients of the prestigious Padma Award for 2012. In total 109 Padma Awards would be conferred this year – 5 Padma Vibhushan, 27 Padma Bhushan and 77 Padma Shri Awards.
The Awards are given in the field of art, social work, science and engineering, public affairs, trade and industry, medicine, sports, civil service, literature and education, etc. The Padma Awards will be conferred by the President of India at a function held at Rashtrapati Bhawan in March/ April 2012.
Padma Vibhushan
Shri K G Subramanyan Art-Painting & Sculpture West Bengal
Late (Dr.)Bhupen Hazarika Art- Vocal Music Assam
Late Shri Mario De Miranda Art-Cartoonist Goa
Dr. Kantilal Hastimal Sancheti Medicine – Orthopedics Maharashtra
Shri T V Rajeswar Civil Service Delhi
Padma Bhushan
Smt. Shabana Azmi Art – Cinema Maharashtra
Shri Jatin Das Art – Painting Delhi
Shri Khaled Choudhury Art – Theatre West Bengal
Pandit Buddhadev Das Gupta Art – Instrumental Music – Sarod West Bengal
Dr. Trippunithwra Viswanathan Gopalkrishnan Art – Classical vocal and instrumental music Tamil Nadu
Shri Dharmendra Singh Deol alias Dharmendra Art – Cinema Maharashtra
Ms. Mira Nair Art – Cinema Delhi
Shri M.S. Gopalakrishnan Art – Instrumental Music-Violin Tamil Nadu
Shri Satya Narayan Goenka Social Work Maharashtra
Dr. (Judge) Patibandla Chandrasekhar Rao Public Affairs Germany
Shri Anish Kapoor Art – Sculpture UK
Shri George Yong-Boon Yeo Public Affairs Singapore
Prof. Shashikumar Chitre Science and Engineering Maharashtra
Shri Subbiah Murugappa Vellayan Trade and Industry Tamil Nadu
Shri Balasubramanian Muthuraman Trade and Industry Maharashtra
Dr. M S Raghunathan Science and Engineering Maharashtra
Dr. Suresh H. Advani Medicine – Oncology Maharashtra
Dr. Devi Prasad Shetty Medicine-Cardiology Karnataka
Prof. (Dr.) Shantaram Balwant Mujumdar Literature and Education Maharashtra
Shri Ronen Sen Civil Service West Bengal
Dr. Homi K. Bhabha Literature and Education UK
Dr. Noshir H Wadia Medicine-Neurology Maharashtra
Prof. Vidya Dehejia Literature and Education USA
Prof. Arvind Panagariya Literature and Education USA
Dr. Jose Pereira Literature and Education USA
Shri N Vittal Civil Service Kerala
Shri Mata Prasad Civil Service Uttar Pradesh
Padma Shri
Shri Vanraj Bhatia Art – Music Maharashtra
Shri Zia Fariduddin Dagar Art – Music – vocal Maharashtra
Smt. Nameirakpam Ibemni Devi Art – Music- Khongjom Parba Manipur
Shri Ramachandra Subraya Hegde Chittani Art – Yakshagana dance drama Karnataka
Shri Moti Lal Kemmu Art – Playwright Jammu and Kashmir
Smt. R. Nagarathnamma Art – Theatre Karnataka
Shri Kalamandalm Sivan Nambootiri Art – Indian Classical Dance- Kutiyattam Kerala
Smt. Yamunabai Waikar Art – Indian Folk Music-Lavani. Maharashtra
Shri Satish Alekar Art – Playwright Maharashtra
Pandit Gopal Prasad Dubey Art – Chhau dance and choreography Jharkhand
Shri Ramakant Gundecha Art – Indian Classical Music- Vocal Madhya Pradesh
Shri Shahid Parvez Khan Art – Instrumental Music-Sitar Maharashtra
Shri Mohan Lal Kumhar Art – Terracotta Rajasthan
Shri Sakar Khan Manganiar Art – Rajasthani Folk Music Rajasthan
Smt. Joy Michael Art – Theatre Delhi
Dr. Minati Mishra Art – Indian Classical Dance-Odissi. Orissa
Shri Natesan Muthuswamy Art – Theatre. Tamil Nadu
Shri Umakant Gundecha Art – Indian Classical Music- Vocal Madhya Pradesh
Shri Anup Jalota Art-Indian Classical Music- Vocal Maharashtra
Shri Soman Nair Priyadarsan Art – Cinema- Direction Kerala
Shri Sunil Janah Art-Photography Assam
Ms. Laila Tyebji Art-Handicrafts Delhi
Shri Vijay Sharma Art-Painting Himachal Pradesh
Smt. Shamshad Begum Social Work Chattisgarh
Shri Niranjan Pranshankar Pandya Social Work Maharashtra
Dr. Uma Tuli Social Work Delhi
Shri Sat Paul Varma Social Work Jammu and Kashmir
Smt.Binny Yanga Social Work Arunachal Pradesh
Shri Yezdi Hirji Malegam Public Affairs Maharashtra
Shri Pravin H. Parekh Pubic Affairs Delhi
Smt. Reeta Devi Social Work Delhi
Dr. P.K. Gopal Social Work Tamil Nadu
Smt. Phoolbasan Bai Yadav Social Work Chattisgarh
Dr. G. Muniratnam Social Work Andhra Pradesh
Dr. V. Adimurthy Science and Engineering Kerala
Dr. Krishna Lal Chadha Science and Engineering – Agriculture Delhi
Prof. Virander Singh Chauhan Science and Engineering Delhi
Prof. Rameshwar Nath Koul Bamezai Science and Engineering Jammu and Kashmir
Shri Shoji Shiba Trade and Industry Japan
Shri Gopinath Pillai Trade and Industry Singapore
Shri Arun Hastimal Firodia Trade and Industry Maharashtra
Dr. Swati A. Piramal Trade and Industry Maharashtra
Prof. Mahdi Hasan Medicine-Anatomy Uttar Pradesh
Dr. Vijaypal Singh Science and Engineering – Agricultural Research Uttar Pradesh
Dr. Lokesh Kumar Singhal Science and Engineering Punjab
Dr. Yagnaswami Sundara Rajan Science and Engineering Karnataka
Prof. Jagadish Shukla Science and Engineering USA
Ms. Priya Paul Trade and Industry Delhi
Dr. Viswanathan Mohan Medicine – Diabetology Tamil Nadu
Dr. J. Hareendran Nair Medicine – Ayurveda Kerala
Dr. Vallalarpuram Sennimalai Natarajan Medicine – Geriatrics Tamil Nadu
Dr. Jitendra Kumar Singh Medicine – Oncology Bihar
Shri Surjit Singh Patar Literature and Education – Poetry Punjab
Shri Vijay Dutt Shridhar Literature and Education – Journalism Madhya Pradesh
Shri Irwin Allan Sealy Literature and Education Uttarakhand
Ms. Geeta Dharmarajan Literature and Education Delhi
Prof. Sachchidanand Sahai Literature and Education Haryana
Smt. Pepita Seth Literature and Education Kerala
Dr. Ralte L. Thanmawia Literature and Education Mizoram
Dr. Shrinivas S. Vaishya Medicine-Healthcare Daman and Diu
Dr. Nitya Anand Medicine – Drugs Research Uttar Pradesh
Late Dr. Jugal Kishore Medicine – Homoeopathy Delhi
Dr. Mukesh Batra Medicine-Homeopathy Maharashtra
Dr. Eberhard Fischer Literature and Education Switzerland
Shri Kedar Gurung Literature and Education Sikkim
Shri Ajeet Bajaj Sports – Skiing Delhi
Smt. Jhulan Goswami Sports – Women’s Cricket West Bengal
Shri Zafar Iqbal Sports-Hockey Uttar Pradesh
Shri Devendra Jhajrija Sports – Athletics- Paralympics Rajasthan
Shri Limba Ram Sports – Archery Rajasthan
Shri Syed Mohammed Arif Sports – Badminton Andhra Pradesh
Prof. Ravi Chaturvedi Sports- Commentary Delhi
Shri Prabhakar Vaidya Sports-Physical Education Maharashtra
Shri T. Venkatapathi Reddiar Others-Horticulture Puducherry
Dr. K. (Kota) Ullas Karanth Others-Wildlife Conservation and Environment Protection Karnataka
Shri K Paddayya Others-Archaeology Maharashtra
Shri Swapan Guha Others-Ceramics Rajasthan
Dr. Kartikeya V. Sarabhai Others – Environmental Education Gujarat

Zee Cine Awards 2012: Shahrukh Insults Asha @ Zee Cine Awards 2012

Shahrukh Khan as a host is remarkable. He charms his audience with his witty jokes, one liners and interaction with his fans. His fans folllowing around worldwide is unimaginable.
Whenever, he takes the stage, he creates magic. He takes no time to win his fans’ heart. He masters the art of stealing the show but sometimes his funny act hurts one’s sentiments.
SRK’s fans might be okay with all his antics but veteran playback singer Asha Bhosle isn’t someone who would tolerate anyone showing disrespect to her.
Recently, during an award function, the actor walked out of the stage even as Asha was singing. The veteran was requested by the audiences to sing a song and that was when SRK walked away.
Something like this happened at the Zee Cine awards when he went up to the stage when veteran singer Asha Bhosle was on the stage. Shahrukh who hosted the show with Priyanka Chopra walked up to the stage when Asha Bhosle was singing while she came to accept her award.
An onlooker said, “Asha Bhosale was on stage to accept her award. On demand, she obliged the audience by singing one of her songs. She spotted Shah Rukh Khan getting up and walking out while she was still singing. She thus made it a point to ask Shah Rukh backstage if he didn`t like her singing. She almost scolded him. Shah Rukh apologized immediately. He told her what had happened exactly and that he was extremely sorry.”
Well, Shahrukh should be careful next time. His jokes might entertain his mates and fans but seniors might not be very pleased.