Political disagreement holds back tax imposition in Punjab ...

Posted on Thursday, July 12th, 2012

Yet another story of lack of political consensus coming in way of urban reform surfaces in Punjab when BJP opposes the imposition of property tax in Punjab as drafted by its political ally SAD.

Punjab is aiming to generate more revenue to help out the fund starved finance department. As a consequence of BJP?s opposition, property tax will not be included under the resource mobilization scheme for the state?s finance department.

Punjab, which has already been suffering from forgoing of octroi, has drawn up a new list of items on which tax is to be imposed. The new list includes sugar and textiles and also imposition of taxes on mobile towers installed.

Apart from these new inclusions, few existing taxes may also be revised upwardly, such as road tax and registration fee for property transaction.

To read more real estate news:

NMC drafts immediate payment of property tax in Nashik

Source: The Indian Express

Tags: BJP, Finance department, mobile towers tax, property tax, property transaction, Punjab, resource mobilization scheme, road tax, SAD, state finance department

Source: http://www.commonfloor.com/stories/political-disagreement-holds-back-tax-imposition-in-punjab-24648

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Robert Pattinson Shows His Dark Side In Latest 'Cosmopolis' Trailer

Pattinson loses his fortune and his morals in latest trailer for David Cronenberg-directed flick, opening August 17.
By Jocelyn Vena

Robert Pattinson in 'Cosmopolis'
Photo: Entertainment One

Source: http://www.mtv.com/news/articles/1689438/robert-pattinson-cosmopolis-trailer.jhtml

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Electric rates not falling along with fuel costs

FILE- In this Wednesday, Sept. 10, 2003, file photo, the setting sun silhouettes electric transmission lines crossing Berea, Ohio. A sharp decline in the price of natural gas makes it much cheaper for U.S. utilities to produce electricity. It just isn't having any impact on homeowners' monthly bills. Instead of falling, electricity prices aren't budging. They are rising just as families begin cranking up their air conditioners. (AP Photo/Mark Duncan, File)

FILE- In this Wednesday, Sept. 10, 2003, file photo, the setting sun silhouettes electric transmission lines crossing Berea, Ohio. A sharp decline in the price of natural gas makes it much cheaper for U.S. utilities to produce electricity. It just isn't having any impact on homeowners' monthly bills. Instead of falling, electricity prices aren't budging. They are rising just as families begin cranking up their air conditioners. (AP Photo/Mark Duncan, File)

FILE- In this Monday June 9, 2008, file photo, Charles Brinkley, left, and John Lerro, with Great American Heating and Air Conditioning, Inc., install an air conditioner in Chevy Chase, Md. A sharp decline in the price of natural gas makes it much cheaper for U.S. utilities to produce electricity. It just isn't having any impact on homeowners' monthly bills. Instead of falling, electricity prices aren't budging. They are rising just as families begin cranking up their air conditioners. (AP Photo/Jacquelyn Martin, File)

NEW YORK (AP) ? A plunge in the price of natural gas has made it cheaper for utilities to produce electricity. But the savings aren't translating to lower rates for customers. Instead, U.S. electricity prices are going up.

Electricity prices are forecast to rise slightly this summer. But any increase is noteworthy because natural gas, which is used to produce nearly a third of the country's power, is 43 percent cheaper than a year ago. A long-term downward trend in power prices could be starting to reverse, analysts say.

"It's caused us to scratch our heads," says Tyler Hodge, an analyst at the Energy Department who studies electricity prices.

The recent heat wave that gripped much of the country increased demand for power as families cranked up their air conditioners. And that may boost some June utility bills. But the nationwide rise in electricity prices is attributable to other factors, analysts say:

? In many states, retail electricity rates are set by regulators every few years. As a result, lower power costs haven't yet made their way to customers.

? Utilities often lock in their costs for natural gas and other fuels years in advance. That helps protect customers when fuel prices spike, but it prevents customers from reaping the benefits of a price drop.

? The cost of actually delivering electricity, which accounts for 40 percent of a customer's bill on average, has been rising fast. That has eaten up any potential savings from the production of electricity.

Utilities are building transmission lines, installing new equipment and fixing up power plants after what analysts say has been years of under-investment.

This may reverse what has been a gradual decline in retail electricity prices. Adjusted for inflation, the average retail electricity price has been drifting mostly lower since 1984, when it was 16.7 cents per kilowatt-hour.

"The ratepayer is going to have to foot the bill," says David Wright, vice chairman of the South Carolina Public Service Commission and president of the National Association of Regulatory Commissioners.

The average U.S. residential electricity price is expected to be 12.4 cents per kilowatt hour for the June-to-August period, up 2.4 percent from the same time last year. For the full year, electricity prices are expected to rise 2 percent.

In a typical summer month, that would mean an extra $3 on a residential bill, which includes the cost of generating the power and delivering it to a home, plus local taxes and fees.

Electricity pricing is complicated, and it differs from state to state. In states where power providers are allowed to compete, such as Texas, Pennsylvania and New York, customers can shop around for cheaper electricity, although delivery charges are still set by regulators.

Natural gas has plummeted in price because of a dramatic increase in U.S. gas production over the past few years and a warm winter that allowed supplies to build up.

Even though coal accounts for 38 percent of all power produced in the U.S., natural gas plays an outsized role in determining the price of electricity. The price paid for electricity from the last power plant fired up to meet demand at any given moment is what sets the wholesale price for a given region. And since gas-fired power plants are usually the most expensive, they tend to be fired up last.

Cheaper natural gas has led to lower wholesale power prices. Power companies operating in states with competitive markets, such as Exelon Corp. and NRG Energy Inc., have seen profits and stock prices tumble along with wholesale prices. Those operating in more regulated power markets, such as Southern Co. and Dominion Resources Inc., have fared much better because their rates don't fluctuate as much.

The lower wholesale prices have made it through to some customers' bills, and others could see a temporary dip next year. At the very least, analysts say, the drop in natural gas prices is keeping electric rates from rising faster than they otherwise would have.

Customers could still get a break this summer ? if not on their electric rates, then at least from Mother Nature.

This summer has gotten off to a scorching start in much of the country and is expected to be hotter than normal. But it isn't expected to be as hot as the last two summers, according to Matt Rogers at Commodity Weather Group, which provides forecasts for the energy industry.

Don't get too excited, though. The Energy Department's Hodge calculates that if the summer forecast holds true, customers will save an average of $5.95 per month.

___

Follow Jonathan Fahey on Twitter at http://twitter.com/JonathanFahey .

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-07-11-Summer%20Electric%20Bills/id-924bf819ec644d258560fb9788035c9d

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This Sensor-Packed GPS Watch Masquerades As a Stylish Timepiece [Watches]

GPS watches generally appeal to those who put navigation capabilities first, and aesthetics a distant second. But with its new f?nix, Garmin has managed to squeeze a backpack full of functionality into a subtle watch design. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/_kw7ZCpA3QE/this-sensor+packed-gps-watch-masquerades-as-a-stylish-timepiece

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"Magnetic Cells" Isolated For First Time

Dr. Evil: You know, I have one simple request. And that is to have sharks with frickin' laser beams attached to their heads! Now evidently my cycloptic colleague informs me that that cannot be done. Ah, would you remind me what I pay you people for, honestly? Throw me a bone here! What do we have?

Number Two: Rainbow trout

Dr. Evil: [pause] Right.

Number Two: They're trout with magnetic sensors

Dr. Evil: Are they ill tempered?

Number Two: Absolutely.

Dr. Evil: Oh well, that's a start.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/dqExrSMzupA/magnetic-cells-isolated-for-first-time

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The online dating trap | Wedding Dresses Montreal

Dating has become one of the commonest and regular activities done by the new generation of today. Even if they fail to get a successful date, they do wait for a period of time but then go on. However , this isn't possible for people who are above 35 and are looking for committed partners, neither they have the time to go out now and then or do things to pamper him/her. Almost all of the times, after failing in 1 or 2 relationships, they customarily drop the subject to cold sack and get busy.

With the changing trend, the emotions are coming crawling out of the sack and this time, lonesome hearts are searching for their relationships on the web. The most common scenario is, a person sitting in front of a lady on cam after few hours of chat (or often in just few minutes), the lady?s cam vanishes or vise verse. And you finish up thinking what happened? What occurred, have I lost my charm? Maybe your answer's yes! Besides pointlessly wasting time in making the conclusions, let?s work on the active part: the date. These are some well investigated dating tips for men which will help you out. Keep on reading:

Keep yourself fit. Sounds odd, but you wouldn't like to make relations on fake appreciations. As your partner can see how you look, he/she may definitely know about your so-called habits, say if you're lazy, you will act shoddy and so as your body. Always remember, your initial impression makes your last impression. Your body will speak many things prior to doing.

Keep your ego at home. Ego is something that your partner may not like at all. After all , they too have open options to go, instead of sitting with you on cam. Act nice and polite, be real and open-minded.

Be a good listener. Too much speaking will list you up in row of chatter boxes. Give your partner equal possibilities to know about you, and speak out his/her emotions. Listen you what he/she says and add your view in the most possible liberal way.

If your partner is speaking to you and giving you positive replies, try and send her/him gifts to show your love and concern. Ask him/her about his/her life. Try to discover more and better.

Don't ever make yourself too open or available. Do not act like you are dying to be with her. Have control on your emotions even if you're thinking so; as this may leave a wrong impression on your partner.

Whatever occurs, never lose your self-respect. Fun is good, but exactly reject to whatever is wrong or risky. It isn't so vital that your stuck to a single person you met online, as he/she might be not of your kind. Therefore do not get much involved, just be easy and cool.

Don't jump right into deep love kind of relations, first you want is to understand your partner better. Start with friendship and keep your limits.

April Braswell has written this piece, in which the writer has the fast tips for online dating. Her recent research implies that meet Denmark ladies are quite open to international marriage agencies and are in pursuit of potential men.

Source: http://weddingdressesmontreal.net/the-online-dating-trap/

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Egypt court overrules president's parliament recall

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Source: http://news.yahoo.com/egypt-court-overrules-presidents-parliament-recall-181733275.html

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