text:
Parx Casino's corporate parent has asked state officials for a little more time to get their siting decision right on a new mini-casino pinned to a 30-mile circle between Carlisle and Chambersburg.
And, depending where they land, winning necessary buy-ins from local officials and residents.
Greenwood Gaming & Entertainment filed a petition with the Pennsylvania Gaming Control Board Thursday asking for a two-month extension of an August deadline for filing final site plans.
Extensions are permitted at the board's discretion by the massive gambling expansion law that opened the door to these intentionally-small facilities last year.
As things stand, Greenwood, which submitted a winning bid of $8.1 million for a so-called Category 4 license in February, faces an Aug. 23 deadline for its final plan submission.
By statute, the mini-casinos are permitted to have between 300 and 750 slot machines and up to 30 table games.
In its petition, the company makes no reference to specific sites it has under study, but notes that is "presently considering viable potential sites in three municipalities...
"Some potential locations require interactions with local municipal governing bodies to address land use issues, issues impacting the operations of a would-be facility, and/or the municipality's willingess to reverse its determination to opt-out of hosting a Category 4 facility," the petition continued, in describing some of the hurdles the firm has faced.
Parx's leaders, as has been previously reported, initially had targeted a site in Carlisle Borough for their mini-casino. But that plan was abruptly aborted in this spring after a spike of local opposition from borough residents to becoming a casino town.
That sent the company back to the drawing board.
Parx's attorneys named Carlisle's southern neighbor, South Middleton Township, as one of the three municipalities it is weighing, and noted for the record that any application there is contingent on supervisors reversing a previously agreed-to casino ban.
The company is tentatively scheduled to make a direct pitch to township officials within the next month, leading some to believe that sites in South Middleton are the leading option.
But according to the petition, Parx is exploring other options, too.
The second and third municipalities were not specifically named, but the petition noted neither of them have previously passed a casino ban.
Those alternate townships are believed to be Shippensburg Township in Cumberland County; and Greene Township near the borough of Chambersburg in Franklin County.
Greene offers an already-built site visible from Interstate 81 in the Chambersburg Mall, where Bon Ton and JC Penney anchor stores are either already or on their way to becoming vacant.
It also offers the potential to expand the market to the south because of Chambersburg's proximity to Hagerstown, Md.
Its bid is complicated, however, by the fact that other township ordinances prohibit the retail sale of alcohol.
For Greene to be considered, then, Parx would have to sweat out a ballot question permitting alcohol sales, and because of idiosyncracies in state law, that can't happen until the spring 2019 primary.
That, some close to the discussions say, has dropped Greene back to dark horse status in this derby.
Shippensburg Township has no such legal hurdles, but the prime sites there are mostly new-build locations, which could take a little more time and cost to get operational.
W. Mickey Nye, president of the Shippensburg Area Development Corporation, told PennLive Friday he had taken Parx representatives on a tour of several sites near Interstate 81's Exit 29 interchange.
South Middleton, meanwhile, has ready access to four I-81 interchanges, and represents essentially the same market factors that drew Parx to Carlisle in the first place.
Wherever Parx decides to make its next play, attorneys for the company noted they may also need additional time to get control of their specific location either through a lease or purchase agreement.
The extension, if granted, would give Parx until Oct. 23 to submit its final casino application to the state.
The matter has been listed for the gaming control board's Aug. 15 agenda.


text:
Discover NESCAFÃ‰ Dolce Gusto Americano, a 100% Arabica coffee. This long cup is an elegant coffee with fruity and floral notes, a light body and a fine crema.
Our expert coffee creators have carefully blended South American and East African Arabica coffee beans to create NESCAFÃ‰ Dolce Gusto Americanoâ€™s elegant and bright flavor.
Create professional quality coffee with a fine velvety crema, thanks to our high-pressure coffee machines. With our hermetically sealed capsules, which preserve coffee freshness, youâ€™ll enjoy a rich aromatic cup every time.
HOUSE BLEND - An elegant cup with a delicate fruity aroma and floral notes. It has a light body and a fine crema
SMOOTH BREW - A stylish blend of South American and East African Arabica coffee beans
COFFEEHOUSE-QUALITY DRINKS - Create professional quality coffees with a fine velvety crema, thanks to the machine's high pressure
AROMA FRESHNESS - Hermetically sealed capsules, which preserve coffee freshness, allow rich aromatic cups of coffee every time
EASY TO PREPARE - Simply pop your Americano capsule into your NESCAFÃ‰ Dolce Gusto machine, and your coffee will be ready in under a minute
Product Information Specifications for NESCAFÃ‰ Dolce Gusto Coffee Capsules â€“ Americano â€“ 48 Single Serve Pods, (Makes 48 Cups) 48 Count Below:
The Original Donut Shop Regular Keurig K-Cup Pack, 48 Count
Manufacturer: Donut Shop Classics
Brand: The Original Donut Shop
Before coffee was complicated, great coffee was simply fresh, bold, and flavorful. Coffee People brings back the classic donut companion with this ideally balanced brew of the highest quality Arabica beans ... dunking is encouraged. The Keurig single-cup brewing system uses special packaging for coffee, tea and hot cocoa called K-Cup portion packs or "K-Cups". Each K-Cup pack is an airtight pack that locks out oxygen, light, moisture and humidity while locking in freshness and flavor. Simply insert the no mess K-Cup pack into the brewer and hit the brew button for a fresh-brewed, perfect cup of coffee or tea in under a minute. These 2.0 K-Cup packs can be used with all K-Cup brewers. The 2.0 K-cup packs utilize the latest Keurig technology embedded in the foil lid which allows the Keurig 2.0 brewers to read the label and create the perfect brew. 48 servings
Green Mountain Breakfast Blend Coffee Keurig Vue Portion Pack
Manufacturer: Green Mountain
Brand: Green Mountain Coffee
Bright, sweet, and engaging, Breakfast Blend is a great way to start the day. A snappy, crisp, and citrusy Central American profile meets the sweetness, body, and depth of an Indonesian bean to create a classic and vibrant New England breakfast cup. The Keurig Vue single-cup brewing system uses a special packaging for coffee, tea and hot cocoa called Keurig Vue portion packs. Each Keurig Vue portion pack is an airtight, mini-brewer that locks out oxygen, light, moisture and humidity while locking in freshness and flavor. Simply insert the no mess Keurig Vue portion pack into the Keurig Vue brewer and hit the brew button for a fresh-brewed, perfect cup of coffee or tea in under a minute. The Keurig Vue brewing system allows you to brew stronger, bigger, and hotter than the traditional Keurig system and the eco-friendly portion packs are also recyclable. Please note that the Keurig Vue portion packs are only compatible with the Kuerig Vue brewing system.Servings -- 32
This Single Cup Coffee Variety Pack Sampler Includes the Following: 2 Caribou Coffee Caribou Blend, 2 Coffee People Black Tiger, 2 Coffee People Donut Shop, 2 Coffee People Jet Fuel, 2 Diedrich Coffee Morning Edition, 2 Donut House Cinnamon Roll, 2 Donut House Donut House, 2 Donut House Donut House Decaf, 2 Emeril's Big Easy, 2 Gloria Jean's Hazelnut, 2 Green Mountain Breakfast Blend, 2 Green Mountain Colombian, 2 Green Mountain Dark Magic, 2 Green Mountain Dark Magic Decaf, 2 Green Mountain French Roast, 2 Green Mountain Nantucket, 2 Green Mountain Our Blend, 2 Green Mountain Southern Pecan, 2 Green Mountain Sumatra Reserve, 2 Newman's Own Newman's Decaf, 2 Newman's Own Newman's Extra Bold, 2 Tully's Coffee French Roast, 2 Tully's Coffee Italian Roast, 2 Happy Brew Shop Mighty Bold Roast, 2 Happy Brew Shop Sunny Morning Blend
Cinnabon Classic Cinnamon Roll K-Cup Coffee,48 K-Cups
Manufacturer: Green Mountain Coffee
Green Mountain starts with a smooth, light-roast brew and swirls in the decadent flavors of Cinnabon cinnamon, brown sugar, and, of course, the legendary frosting. Take a sip and delight in the taste of our world famous cinnamon rolls, hot out of the oven. It's a cup of delicious perfection.
32 Count - Caribou Blend Vue Cup Coffee For Keurig Vue Brewers
Brand: Caribou Coffee
Enjoy a rich, full-bodied blend with a perfect balance of herbal and fruit flavors, and a finish of bittersweet chocolate.
Achieving balance in life is a challenge. Caribou Coffee's signature blend meets that challenge, balancing a big-bodied, syrupy taste with a clean, snappy finish. The secret of this blend's relaxed complexity is a rich hearty Indonesian bean, perfectly proportioned with Central American and South American varieties for lively fruit tones. The result is a coffee with universal appeal, delightful any time of the day or night.
Green Mountain Coffee K-Cup for Keurig K-Cup Brewers, Half-Caff (Pack of 48)
Manufacturer: Green Mountain Coffee
Brand: Green Mountain Coffee
HALF-CAFF: All the flavor, half the caffeine. Perfect when you want a little late-afternoon or evening pick-me-up without a sleepless night. Fresh from the roaster.
VERMONT COUNTRY BLEND DECAF: This blend of light and dark beans achieves a taste that has made this one of our most popular. The result is coffee that is sweet, rich and aromatic, with a pleasant lingering finish.
Wolfgang Puck Jamaican Me Crazy 24 Single Serve Cups (Pack of 4), Compatible with All Keurig K-Cup Brewers, including Keurig 2.0
Manufacturer: Wolfgang Puck
Brand: Wolfgang Puck
Discover sun-drenched beaches, warm tropical breezes, and a rich culture. Sounds nice, doesn't it? Now to enjoy a little Jamaica in your cup, try Wolfgang Puck's Jamaica Me Crazy blend, infused with rich coconut and an island twist. Let this delicious island favorite transport you to the tropics and leave you feeling at ease. Its savory, flavorful and rich medium roast will surely leave you wanting more. Each RealCup is air-tight, and locks out oxygen, light, moisture and humidity while locking in freshness and flavor. Even better, this RealCup is easy to use, hassle free and works in all Keurig Brewers and Keurig compatible devices. You may do a crazy dance for this fantastic cup of Joe. Yes, a dance, but who doesn't love a crazy jig in the morning; Whether you need a morning pick-me-up, or a quick escape to the islands, a delicious cup of Wolfgang Puck Jamaica Me Crazy is the perfect companion. This product is compatible with all Keurig brewers, and are also compatible with the new Keurig 2.0. Includes 4 boxes of 24 count. PLEASE NOTE: DUE TO A RECENT MANUFACTURING CHANGE, "JAMAICA ME CRAZY" HAS BEEN CHANGED TO "JAMAICAN ME CRAZY". THE COFFEE IS EXACTLY THE SAME, ONLY THE NAME AND GRAPHICAL DESIGN OF THE BRAND ARE DIFFERENT.

domain: food


text:
In the last newsletter I wrote about the health benefits of laughter; today I’ll talk about the social benefits.
After studying 1,200 people laughing spontaneously, Robert Provine concluded that the main purpose of laughter is to bind people together. It’s an instinctive language that we all speak. We laugh when others are laughing, we laugh at things other people say and we laugh at the things we say ourselves when we want to make other people laugh.
Laughter defuses tension and deflects anger. In an embarrassing situation, it can rescue your dignity. A laugh shows that you trust the people you’re with. There’s a snowball effect – the more laughter there is in a group, the more comfortable people feel with one another, leading to more laughter.
Laughter is made to be shared – we laugh 30 times more often in company. One experiment showed that even laughing gas, which can have people rolling about with laughter, loses most of its effect when taken alone. (I’m trying to picture this experiment: rows of isolated cubicles occupied by sad loners, unable to crack a smile as they talk to themselves in silly high pitched voices.)
Since laughter is catching, it seems a good idea to spend time with people, preferably happy ones. And if the people you’re with aren’t laughing much, you can start the snowball effect with a giggle of your own.

domain: psychology


text:
Many people are unfortunately dissuaded from considering treatment for their addiction because of cost. Thankfully, Hannah’s House is in-network for Blue Cross Blue Shield of Texas so your mental health counseling may be covered.
For Dual-Diagnosis Treatment, Know Your Insurance Coverage
When preparing for inpatient dual-diagnosis (co-occurring disorders) treatment, counseling insurance coverage is an important consideration. An essential step is to assess your insurance plan’s coverage of behavioral health services that involve substance use and mental health disorders.
To help you understand this assessment, let’s look at one carrier: Blue Cross Blue Shield of Texas. In particular, how is Blue Cross Blue Shield of Texas working with Hannah’s House to better serve Texas women with substance use disorders and co-occurring disorders?
Hannah’s House: Excellent In-Network Care for Women with Co-Occurring Disorders
Hannah’s House, a well-known provider of treatment for women who have substance use disorder and other mental health issues, is an in-network resource for women in Texas who have Blue Cross Blue Shield of Texas counseling coverage and need dual-diagnosis treatment. There are two key advantages of using your Blue Cross Blue Shield of Texas coverage for this type of treatment at Hannah’s House:
- Ensuring quality care
- Controlling behavioral health costs
Quality, Multidisciplinary Treatment for A Lifetime of Recovery
Hannah’s House’s mission is to provide women with substance use disorder and co-occurring mental health disorders a clear path to a life of recovery, healing and restoration. We offer renowned clinical care for addiction backed by true compassion, experience and expertise. Our individualized and integrated approach is designed to guide you to lasting sobriety and is delivered by a multidisciplinary team that includes:
- Program director
- Licensed therapists
- Chief medical officer
- Chief psychiatrist
- 24-hour nursing
- Recovery support
- Continuing care
- Alumni services
Get the Most from Your Coverage—and a Streamlined Process
Because Hannah’s House is an in-network provider with Blue Cross Blue Shield of Texas, your insurance covers more costs than it would at an out-of-network provider. The required prior authorization can be handled by a family member or by a Hannah’s House representative (in both cases in compliance with all state and federal regulations). To streamline the process, we’ll confirm your coverage with Blue Cross Blue Shield of Texas to ensure that the cost of your treatment is aligned with your policy.
Also, Hannah’s House will help by exploring additional funding options that may be available to you. We also help get the most out of your specific coverage by designing a treatment plan that is custom-suited to your individual needs for treatment and recovery.
Providing Care and Keeping Patients Safe During the Pandemic
In addition to being in-network with Blue Cross Blue Shield of Texas for behavioral health services in dual-diagnosis situations, Hannah’s House is meeting these women’s needs presently. Both Hannah’s House and Blue Cross Blue Shield of Texas provide exceptional service, including during the current global pandemic. This includes remaining compliant with all needs and guidelines related to COVID-19 and patient safety, such as routine testing.
For information on our programs, call us today: 844.321.1003.
You can log into your Blue Cross Blue Shield insurance account here to check your coverage: bcbstx.com.

domain: health


text:
Mashups using the same API (2572)
MapOfVideo lets you find videos and Wikipedia articles related to a specific location identified using Google Maps. Winner of AOL Truveo video mashup contest.
A WebGIS application for integrating, visualizing and analyzing seismic data. It also shows the strongest earthquakes of the last day, week, month, year in the world and Greece.
Youtube and Revver video on Google Maps.
||Aquaplot offers sea routing functionality and distance computation for ships. Developers can build integrations related to route planning, route optimization, fleet maneuver planning, and traffic...||Optimization||08.15.2016|
NASA Vesta Trek REST
||This API is a part of a collection of APIs that power the Vesta Trek NASA web-based portals for exploration. Map layers are available through OGC RESTful WMTS protocol. NASA open data supports NASA...||Astronomy||08.12.2016|
||The Medalbot API tracks the total number of medals bagged by the different countries participating in the 2016 Olympics in Rio, Brazil. It generates summary tables of the Gold, Silver, and Bronze...||Sports||08.12.2016|
Eredivisie Live Scores
||The Eredivisie Live Scores API provides access to the analytical summaries of the previous, ongoing, and upcoming matches of the top-flight league in Netherlands. The API generates team and player...||Sports||08.10.2016|
||The pCloud API is a development platform for online storage solutions. The API is split into the HTTP/JSON and binary protocols. The HTTP/JSON protocol deploys HTTP calls to support the development...||Cloud||07.30.2016|

domain: geography


Review by Win Wiacek
Human nature and good comics are the prime points of graphic salutary warning Contraband, as crafted by doodling veteran Phil Elliott and hopefully not-too prescient scribe Thomas J. Behe. Here they communally invite you into a very imminent tomorrow (heck, it actually feels like the proverbial “20 minutes into the future”, in some places), proving that no matter how much things change, they basically stay the same.
Quite soon now, the utter ubiquity of mobile phones, cameras, social media platforms, greed and human hunger for attention will create a new industry. Everybody films on their phones and criminal lawyers and cops are all too grateful for that, but when video clips can be uploaded for untraceable cash and kudos to dark web app Contraband, that content is increasingly skewed towards cruel, erotic, violent, humiliating or simply disgusting criminal acts. Successful contributors earn plenty, but the true draw is the cachet of topping the highly-competitive chart of Likes, with the public being the truly democratic arbiters of modern taste and morality.
This in a world is still recovering from spirit-crushing and corporation-enhancing Middle Eastern wars, but back in ostensibly unshaken London, all anyone can think of is getting something juicy onto social media. One of those ambitious dreamers is self-styled citizen-journalist Toby, whose recording of an illegal act propels him into the middle of a secret war for control of the voyeurs’ underworld.
His brief moment of fame leads to his being targeted by villainous wideboy Tucker, who – since his return from Afghanistan – has embraced private enterprise as boss of Contraband, aided only – it would seem – by his hulking, deceptively deep henchman and technical adviser Plugger.
Their sordid lives are not all sunshine, roses and sleaze. A bill is going through Parliament to limit online abuse, and an anti-violence campaign led by charismatic demagogue Jarvis Stevens is stirring up the wrong kind of muck and attention. Most importantly, Tucker’s former Afghan associate Charlotte is in hiding. She has access to very damaging dirt that the internet entrepreneur needs to neuter now. That’s where Toby comes in. For absolutely inexplicable reasons, Tucker believes the baffled neophyte can prise her from whatever bolthole she’s in and makes life extremely uncomfortable until he agrees to try. However, as he sets to, the digital innocent is swamped by conflicting stories and vile revelations, quickly learning no one can trust anyone else.
Oppressive, paranoid, violent and disturbing, this sublimely inventive yarn combines crime thriller with spy mystery and delivers a splendid sequence of byzantine futuristic shocks, deliciously delineated in a potently understated fashion.
First published by Slave Labor Graphics in 2008, this dark and timely construction gets a fresh lease on life – and possible repeat fees – thanks to Markosia, so don’t miss the opportunity to safely see the world that’s coming… before it sees you.


text:
The Ultimate Convenience: Electronic Cat Food Dispenser
At Meowden, we understand that cat lovers and their feline companions deserve the utmost convenience when it comes to mealtime. That's why we are proud to introduce our Electronic Cat Food Dispenser. This cutting-edge device takes the hassle out of feeding your furry friend, ensuring they are well-nourished even when you're not around.
With a generous volume of 2L or 3.5L, our Electronic Cat Food Dispenser can accommodate the appetites of cats of all sizes. Whether you have a dainty Maine Coon or a voracious Bengal, this dispenser has you covered.
Not only is our Electronic Cat Food Dispenser an essential addition to any cat lover's home, it also falls under our curated collection of Cat Feeders and Cat Food Dispensers. These collections are tailored specifically for lovers of cats, catering to the unique needs and preferences of men and women alike.
Features of the Electronic Cat Food Dispenser based on the provided details:
- Convenient Volume: With a choice between the 2L or 3.5L models, our dispenser ensures that your cat has an ample supply of food, even during your busy days. Gone are the worries of constantly refilling the bowl!
Benefits of the Electronic Cat Food Dispenser
Investing in our Electronic Cat Food Dispenser is investing in your peace of mind. No longer will you have to rush home to feed your furry friend or rely on someone else's help. This dispenser allows you to maintain a consistent feeding schedule, minimizing the risk of your cat overeating or going hungry.
Take control of your cat's mealtime with our Electronic Cat Food Dispenser. Your feline companion will appreciate the regularity and organization, ensuring their health and happiness. Don't wait any longer, order your Electronic Cat Food Dispenser today and experience the convenience that every cat lover deserves.
Payment & Security
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.

domain: pet


text: 1. Definition and interpretations 1.1 These terms and conditions shall apply to all agreed regular collections of commercial waste and recycling in the form of Acceptable Waste (the Services) made by North Devon District Council of Lynton House, Commercial Road, Barnstaple, Devon EX31 1DG (the Council) 1.2 The Trade Waste Agreement prices are as set out in the Council’s current standard fees and charges as provided on the Council’s website (‘Council’s Fees’) 1.3 This Agreement applies to all collections of a container, containers or sacks (‘the Equipment’) whether from commercial premises, charities or schools. The Council shall only provide collections directly to the Customer(s) under the terms of this Agreement and the Customer must notify the Council if this Service is being arranged on behalf of a third party so that alternatives can be discussed. Failure to notify the Council as set out in this clause will be considered a breach of these terms and conditions and result in immediate contract termination as detailed at clause 7.3.3 1.4 Wherever referred to in this Agreement, the words ‘the Customer’ shall mean the party to this Trade Waste Agreement other than the Council 1.5 This Agreement relates to the collection of general refuse and/or recyclable material or any waste that is not Excluded Waste (Acceptable Waste) 1.6 For the avoidance of doubt this Agreement does not apply to Excluded waste that is not permitted to be presented to us at any time. A full list of Excluded Waste items will be listed here. 1.7 The Council reserves the right to add a category of waste set out in 1.6 Excluded Waste at any time, without prior approval of the customer. 1.8 A Duty of Care Waste Transfer Note document must be completed annually in accordance with Section 34 of the Environmental Protection Act 1990 Duty of Care Waste Transfer Note. The Duty of Care Waste Transfer Note must be signed for and on behalf of the Customer and a copy returned to the Council before the first collection of waste can commence in any given contract year. The Customer is required to retain a copy (for a minimum of 2 years) and make it available for inspection on request 2. Term 2.1 This Agreement shall commence on the date the Customer signs the Duty of Care Waste Transfer Note annually and is therefore signing their consent to these terms with subsequent annual invoices for payment for the Services being generated on or around the 1 April in each contract year as provided in clause 2.2 below until this Agreement is terminated in accordance with Clause 7 2.2 Save as provided in clause 2.1 above, the contract year for this Agreement runs from 1 April until 31 March in any given year, agreements will automatically renew on 31 March unless and until this Agreement is terminated in accordance with clause 7 2.3 The Collection Period is the period of time of which your waste collections will be made and will be detailed in your agreement confirmation. For those customers on ticket arrangements, the collections will only occur when the Customer requests them via the commercial waste officer, the collection operatives will not visit the premises on a schedule. Any collections that are made without being booked by the office will be charged as “Side Waste” in accordance with clause 5.2 3. Responsibility for Equipment and Waste Material 3.1 The Customer agrees that the Equipment provided shall only be used for the storage of Waste as defined within the Duty of Care Waste Transfer Note for collection by the Council under the terms of this Agreement. The Equipment shall remain the property of the Council. Any identification marks indicating that the Equipment is the property of the Council shall not be removed or interfered with. The Council retains the right to inspect Equipment at random, and if found to be removed or interfered with, the Council may replace or repair the Equipment at the Customer’s cost. The Customer shall not paint or otherwise mark the Equipment in any way and if the Customer does it will be liable for the repair, refurbishment or replacement of the Equipment. 3.2 The Equipment shall not be removed from the Collection Address detailed within this Agreement. If the Customer wishes to change the Collection Address and/or the Collection Point, the Customer must request this in written to the Council giving 28 days’ notice. The Council will review the request and provide a response within 5 working days. 3.3 The Council reserves the right to refuse to collect uncontained waste, loose waste, unidentified waste, compacted waste and waste placed in the wrong Equipment. Where the Council, at its sole discretion, collects these wastes, the Customer will be charged an additional collection rate subject to the Council’s current standard fees and charges. 3.5 The Council shall be entitled to take test samples and/or take photographic evidence of the Customer’s waste at any time during the term of this Agreement to satisfy itself that the Customer’s description of the waste is true, accurate and complete. 3.6 The Customer agrees to: 3.6.1 Site the Equipment, at the Collection Address or Collection Point as applicable, in a position which is unobstructed and safe to access at all times. All Equipment must not be kept on pedestrian walkways or otherwise visible to the public, unless being presented for collection in accordance with clause 5.3. If the Equipment is inaccessible, the collection will not be made, and the Council reserves the right to charge an additional collection fee, according to the Council’s Fees, for any additional collection stemming from inaccessibility. 3.6.2 Not overload the Equipment by weight or volume, in accordance with the following maximum loads detailed. The Council reserves the right not to collect any loads above the weights detailed in this agreement. Should overloading occur when the Equipment is collected as part of pre-defined waste collections, additional charges may be made at the Council’s discretion in accordance with the Council’s Fees which are updated and published annually on the Councils website. 3.6.3 Keep the Equipment lid closed other than when the Equipment is being loaded or unloaded and ensure that all sacks are securely tied closed. 3.6.4 Ensure that no items are burnt or are allowed to burn in the Equipment. 3.6.5 Ensure that contains an accurate description of the nature and characteristics of the waste and is completed and returned within 2 weeks of receipt and furthermore shall ensure you promptly inform the Council in writing of any alteration to particulars entered on this Agreement including title of premises, full name of the company/partnership/sole trader and other relevant details. The Council may at its discretion suspend or delay waste collections until such time as the necessary paperwork has been completed and returned by the Customer. 3.6.6 Ensure that the Equipment is clean and in good repair and immediately inform the Council of any defect affecting its operation. In accordance with clause 3.5 above the Customer will be held liable for the cost of any cleaning, repair or replacement of lids or any other part or the whole of the Equipment where this is deemed necessary by the Council, acting reasonably. 3.6.7 Only present for collection Waste as detailed within the Duty of Care Waste Transfer Note and not any waste that is likely to cause damage to the Council’s mobile compaction equipment. The Customer will be liable for any damage caused to the Council’s mobile compaction equipment as a result of disposing of waste which is Excluded Waste. 3.6.8 Allow the Council and its agents entering the premises where the Equipment is kept at any time with or without vehicles and with or without notice for the purposes of assessing and/or removing the Equipment. 3.6.9 Ensure that the Council, its staff, agents and sub-contractors shall not suffer any abuse, whether physical or verbal in the provision of the Services to the Customer. 4. Excluded Waste 4.1 The Customer shall only present Acceptable Waste in the Equipment for collection by the Council. 4.2 The Customer shall not present or place Excluded Waste in the Equipment for collection. Excluded Waste left in the Equipment shall not be collected by the Council nor shall the Council collect the Equipment until such time when the Excluded Waste has been removed. In the event the Council does without knowledge collect Excluded Waste, the Customer shall be liable for the full cost of any additional charges incurred by the Council in disposing of the Excluded Waste, according to the Council’s Fees detailed as a Contamination Charge. 4.3 The Council will not be liable for any costs incurred during any disposal of the Customer’s Excluded Waste. Any additional charges incurred by the Council pursuant to clause 4.2 and generally under this agreement shall be payable by the Customer within 5 days of a demand for such payment. 4.4 The Council will monitor acts of contamination; each act of contamination will result in a formal written warning being issued by a Commercial Waste Officer up to a maximum of three written warnings within a six month period, after which the agreement will be terminated without notice to the Customer. 4.4.1 The Customer will not be entitled to a refund. 4.4.2 The Council is under no obligation to reinstate the agreement 5. Presentation 5.1 The Customer will present all Equipment kerbside for the Council to collect in accordance with this Agreement, unless there is a specified Collection Point that has been agreed in writing with a commercial waste officer. 5.2 All waste presented must be within the Equipment and not to the side or on top of the Equipment; any waste that is not inside the Equipment will be classified as side waste and will be charged separately, according to the Council’s Fees detailed as a Side Waste Charge. 5.3 Waste must be presented by 6am on the scheduled day of collection, and no earlier than 6pm the night before. 6. Charges and Payment 6.1 The Customer will be advised of the Council’s Fees current as at the date of signing this Agreement, the Council’s Fees will only be valid up to and including the end of March in any year after which time it will be subject to adjustment by the Council. The Council shall issue invoices for the charges for the Services based on the Council’s Fees current at that time. 6.2 If applicable the Customer must provide proof to the Council on an annual basis that it benefits from Small Business Rates Relief (SBRR). Where the Customer is able to evidence that it does benefit from SBRR it will be able to take advantage of the schedule 2 pricing as detailed within the Council’s Fees. 6.3 As part of the application process the Council will conduct due diligence checks such as Companies House and/or checks against the business to ensure that the information provided by the Customer is accurate and up-to-date. All agreements must be made with an authorised person on behalf of the Customer however day-to-day activities and requests can be allocated by the Customer to an appointed person (the contract holder). The Contract Holder will be the person responsible for this Agreement and agrees to pay all fees in full to the Council. If at any point the Customer changes ownership or Contract Holder it must notify the Council in writing to without delay and provide up to date signed documentation as required by the Council. 6.4 If for any reason the business of the Customer is sold or transferred the Contract Holder is required to provide the Council with at least 14 days’ notice. The original Contract Holder will be liable for all costs and outstanding invoices. 6.5 Payment shall either be made: - 6.5.1 annually in advance. The first payment shall be paid within 30 days of the date of the invoice from the Council. Where appropriate, the invoice will include a proportion of the said annual amount calculated from the date of commencement of the Services to the 31st March in each year of this Agreement; or 6.5.2 if agreeable to both Parties, payment can be made by way of direct debit, payable over either 6 or 10 monthly instalments dependent on the length of The Customer’s agreement. If the Customer’s collection period is annual the invoice can be paid over 10 monthly instalments. If the Customer’s collection period is summer only the invoice can be paid over 6 monthly instalments. 6.6 Any changes made to the Services provided which are at the Customer’s request shall be subject to the payment of a fixed fee to cover an administration cost, as detailed in the Council’s Fees as current at the time of the adjustment to the Service. This fee will become automatically due for payment and no changes will be made to this Agreement until the fee is paid in full. 6.7 The Council’s Fees for the Services are available on the Council’s website or on request from the Trade Waste Team this includes details of any additional charges which may be applicable in certain circumstances for contract amendments, cancellations and other matters individually covered within the terms and conditions of this agreement. 6.8 The Council reserves the right to adjust the published Council’s Fees for the Services to reflect any increase in market conditions or additional costs incurred to the Council for the Services and shall give the Customer 28 days’ notice of any increase and the date when the said increase shall come into effect. 6.9 We require payment in advance for our trade waste blue refuse bags these can ordered online or via customer services. 6.10 The customer shall not transfer, assign or sub-contract directly or indirectly, any portion of this contract without the prior permission of the Council. 7. Default in Payment and Termination 7.1 In the event that the Customer is in arrears with any payments under this Agreement for a period of 30 days or more the Council may, in its absolute discretion cease to carry out its obligations under the terms of this Agreement without further reference to the Customer. Interest shall be payable by the Customer on the late payment of any undisputed charge properly invoiced under this Agreement, interest can be applied at the appropriate rate from the Bank of England base rate from time to time. Should the Customer fail to make such payment, the Services may also be suspended until any outstanding payment is received. Such arrears of payments shall be considered a debt due to the Council from the Customer, recoverable by action. 7.2 Failure to pay an invoice may also result in recovery charges and recovery action by the Council. Once a trade waste agreement has been terminated if the Customer wishes to reinstate this Agreement the Customer will also be liable for a returns charge. This Agreement will not be reinstated and the Equipment will not be returned until the account balance is settled. 7.3 This Agreement may be terminated in the following circumstances: 7.3.1 the Customer giving 90 days’ written notice of termination to: Trade Waste, Brynsworthy Environment Centre, Barnstaple EX31 3NP or via email to firstname.lastname@example.org, or 7.3.2 the Council giving 90 days written notice of termination to the Customer at the address specified in this Agreement and/or the Customer’s last known private registered or business address. 7.3.3 the Council giving immediate notice to terminate if the Customer commits a material breach of any of the terms of this agreement, or 7.3.4 the Council gives notice to the Customer to remedy a breach and the Customer fails to remedy that breach within 30 days of being notified in writing of the breach by the Council, or 7.3.5 the customer pays three months’ worth of the agreement upfront to terminate this Agreement with immediate effect 7.3.6 the Customer becomes Insolvent (meaning: 188.8.131.52 if the Customer is an individual, that individual or where the Customer is a partnership, any partner(s) in that firm becomes bankrupt or shall have a receiving order, administration order or interim order made against him, or shall make any composition or scheme of arrangement with or for the benefit of his creditors, or shall make any conveyance or assignment for the benefit of his creditors, or shall purport to do so, or any application shall be made for sequestration of his estate, or a trust deed shall be granted by him for the benefit of his creditors; 184.108.40.206 if the Customer is a company, the passing by the Customer of a resolution for its winding-up or the making by a court of competent jurisdiction of an order for the winding-up of the Customer or the dissolution of the Customer, or if an administrator is appointed, or documents are filed with the court for the appointment of an administrator or notice of intention to appoint an administrator is given by the Customer or its directors or by a qualifying floating charge holder (as defined in paragraph 14 of Schedule B1 to the Insolvency Act 1986), or the appointment of a receiver over, or the taking possession or sale by an encumbrancer of any of the Customer's assets, or if the Customer makes an arrangement with its creditors generally or makes an application to a court of competent jurisdiction for protection from its creditors generally; and 220.127.116.11 any event in any jurisdiction other than England and Wales which is analogous to any of the above; 7.4 Upon termination of this Agreement, the Customer shall immediately make available and the Council shall collect the Equipment from the Customer’s premises for reuse. The Customer shall immediately pay all sums due under this Agreement including any additional costs of repair, replacement or cleansing of the Equipment deemed necessary by the Council following termination. 7.5 If this Agreement is terminated by the Council due to non-payment of charges under this Agreement and the Customer’s Equipment is removed by the Council, before this Agreement is reinstated necessitating the supply of further Equipment, the Customer shall pay the Council an additional fixed fee to cover the costs of supplying the further Equipment as detailed in the Council’s Fees current at the time of the reinstatement of the Service. 7.6 Subject to any outstanding costs (including any applicable cancellation charges) due to the Council under this Agreement which shall be deducted first, upon termination of this Agreement, the Customer will be entitled to a refund of any overpayment in respect of any unexpired period of Services which the Council did not supply as determined by the Council 7.7 When an agreement is terminated by either party the Customer understands that they have an obligation to set up alternative provision with a licenced waste disposal provider without delay. 8. Damage to Surfaces and Third-Party Property 8.1 Subject to clause 9.5 below, the Council shall not be held liable for any damage to the Customer’s property or premises or other parties’ property or premises resulting from the Council providing or attempting to provide the Services. 9. Liability 9.1 If at any time during the continuance of this Agreement it shall become impossible by reason of operational difficulties to the fleet or services, for the Council to carry out their duties as contained under this Agreement on the scheduled day, the Council reserves the right to re-schedule collection to the earliest possible opportunity without prior notice to the Customer or cost to the Council. The frequency of the service may also be varied by the Council during Bank Holidays, other notified holidays, and emergencies and at such other times as is considered appropriate giving such notice to the Customer as is reasonable in the circumstances. 9.2 If at any time during the continuance of this Agreement it shall become impossible by reason of any strike or employment dispute, or other occurrences whatsoever beyond the control of the Council, for the Council to carry out their duties as contained under this Agreement, the Customer shall not have a claim for any damages in respect of such omission by the Council to carry out such duties. 9.3 For the term of this Agreement, the Customer shall make good to the Council at full replacement cost all losses of or damage to the Equipment from whatever cause the same may arise, fair wear and tear expected, and shall also fully and completely indemnify the Council in respect of all claims by any person whatsoever for injury to person or property caused by or in connection with or arising out of the Customer’s use of the Equipment, and in respect of all costs and charges in connection therewith, whether arising under statute or common law. 9.4 All warranties, conditions and other terms implied by statute or common law are, to the fullest extent permitted by law, excluded from this agreement 9.5 Nothing in this agreement limits or excludes the liability of the Council for death or personal injury resulting from negligence of the Council. 10. Indemnity in relation to acts, defaults and negligence of the Customer 10.1 The Customer shall be liable, and shall fully indemnify, and hold harmless, the Council, its officers, employees and agents against all liabilities, damages, costs, charges, expenses, losses, claims, demands and proceedings incurred or suffered whatsoever (including for the avoidance of doubt but without limitation), injury (including death) to any persons, loss, howsoever arising, be it directly, or indirectly, out of the act, default or negligence of the Customer, its employees or agents in connection with the Customer’s rights under this Agreement. 11. Insurance 11.1 During the term of this Agreement and for a period of 6 years thereafter the Customer (but without limiting its obligations and responsibilities under the indemnity given by this Agreement herein) shall have in force with a reputable insurer public liability insurance for such sum and range of cover as the Council deems to be appropriate but covering at least all matters which are the subject of indemnities or compensation obligations under these conditions in the sum of not less than £5 million for any one incident and unlimited. 11.2 The policy or policies of insurance referred to in clause 11.1 shall include a term whereby in the event of any claim in respect of which the Customer would be entitled to receive indemnity under the policy being brought or made against the Council, the insurer will indemnify the Customer against such a claim and any costs, charges and expenses in respect thereof. The Customer shall, whenever required, produce to the Council the policy or policies of insurance and receipts for payment of the current premiums and in the event that there is evidence that any required insurance is not in force the Council may effect and keep in force any such insurance and the Customer shall pay to the Council any sums expended by it for such purposes. 12. Dispute Resolution Procedure 12.1 In the first instance the Council’s Business Support Manager shall discuss any issues with the Customer to try to resolve any disputes or issues. However, at all times the Customer has the right to follow the Council’s complaints procedure and will be directed to this content on the Council’s website by the Business Support Manager or a commercial waste officer at the Council. 13. Information 13.1 The Customer acknowledges that the Council is subject to the requirements of the Freedom of Information Act 2000 and the Environmental Information Regulations 2004 and shall assist and co-operate with the Council (at the Customer's expense) to enable the Council to comply with these Information disclosure requirements. 13.2 The Council shall be responsible for determining at its absolute discretion whether any information is exempt from the legislation set out in clause 13.1. 13.3 In no event shall the Customer respond directly to a Request for Information unless expressly authorised to do so by the Council. 13.4 To the extent relevant to this Agreement the Parties agree to comply with the Data Protection Act 2018 and the General Data Protection Regulation (as amended or re-enacted from time to time) and any other applicable data protection legislation in relation to any Personal Data (such term as defined by the Data Protection Act 2018) that is in their possession. 13.5 The Customer agrees to indemnify and keep indemnified the Council against all claims and proceedings and all liability, loss, costs and expenses incurred in connection therewith by the Council as a result of any claim made or brought by any individual or other legal person in respect of any loss, damage or distress caused to that individual or other legal person as a result of the Customer's unauthorised processing, unlawful processing, destruction of and/or damage to any Personal Data processed by the Customer, its employees or agents in the Customer's performance of this Agreement or as otherwise agreed between the Parties. 13.6 Subject to clause 13.1, the Customer and the Council agree to keep strictly confidential all information that is agreed to be and clearly marked as commercially sensitive. 14. Entire Agreement 14.1 This Agreement constitutes the entire Agreement as to the subject matter thereof between the Parties and supersedes all previous Agreements and understandings (if any) between them with respect thereto. 15. Amendment and Variation 15.1 The Council can amend or vary this Agreement acting reasonably at any time by giving 28 days’ written notice of any amendments. Any amendments or variations will be at the Council’s sole discretion acting reasonably and non-negotiable. The Customer will be deemed to have accepted any amendments or variations on receipt of the written notice and via the continued acceptance of the Services. 16. Third Party Rights 16.1 No one other than a party to this agreement, their successors and permitted assignees, shall have any right to enforce any of its terms. 17. Waiver 17.1 No failure or delay by a party to exercise any right or remedy provided under this agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy. 18. Severability 18.1 If any provision or part-provision of this agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this agreement. 19. Notices 19.1 Any notice or other communication given to a party under or in connection with this Agreement shall be in writing: 19.1.1 delivered by hand or by pre-paid first-class post or other next working day delivery service at its registered office (if a company) or its principal place of business (in any other case); or 19.1.2 sent by email to its main email address. 19.2 Any notice or communication shall be deemed to have been received: 19.2.1 sent by email to its main email address. 19.2.2 if sent by pre-paid first-class post or other next working day delivery service, at 9.00 am on the second working day after posting or at the time recorded by the delivery service. 19.3 This clause does not apply to the service of any proceedings or other documents in any legal action or, where applicable, any arbitration or other method of dispute resolution. 20. Governing Law This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales. 21. Jurisdiction Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement or its subject matter or formation (including non-contractual disputes or claims).

domain: law


text:
Union Budget 2018 Industry Reactions
Mr. Jimmy Patel, MD & CEO, Quantum Mutual Fund
Most of the big corporations are already moving towards the bond markets to take advantage of the lower cost. Making it mandatory to raise one fourth of the total borrowing through bonds can push the supply side of the corporate bond market. But there is lot to be done to boost the secondary market which is essential to improve the price discovery mechanism. More steps need to be taken to improve the depth and liquidity in the bond market, while also strengthening the credit rating monitoring mechanism.
Fund Houses have to realign the income distribution strategy; dividend stripping may get controlled while the investors may end up paying tax even in the short term. This doesn’t augment well for the mutual fund industry as Ulips as per current reading are outside LTCG Tax purview and with commissions riding high on Insurance mobilization retail savings may get diverted to Ulips. The new proposed definition of equity oriented mutual fund is also grey in terms of equity fund of funds.
Mr. Raghavendra Pratap Singh (Co-Founder, i2iFunding)
i2i Funding connects verified borrowers wishing to seek loans from investors spread across India who are willing to fund them.
The Budget 2018-19 has been extremely encouraging for the startups, mainly operating in the Fintech sector. The government has shown a keen interest in evaluating the policy framework and formulating an institutional model to create a conducive environment for the development of the industry. Besides, government’s willingness to promote the use of blockchain technology to encourage digital economy may prove to be a growth catalyst for the P2P lending industry.
Imposing 10% long-term capital gain tax on equity investments may create some level playing field for the P2P lending industry. So far, the favourable tax treatment on long-term gains on equity investments made them a preferred choice for the investors. Now, those who are ready to take higher risk for earning better returns may also think of investing in P2P lending projects which have a better risk profile as compared to equity-oriented investments.
Mr. Kalyan Basu, MD & CEO, Invoicemart
(A.Treds Ltd. – A joint venture between Axis Bank Ltd. and junction services ltd.)
“The union budget of 2018 – 19 is focused on job creation, with heavy expenditure on supporting agriculture and allied activities to upgradation of infrastructure across airports, rail and road transport.
We are pleased with the announcements made to bolster the MSMEs. Higher allocation under Mudra loans, relaxation of corporate tax, to addressing the NPAs and stressed assets.
Linking of TReDS with GSTN is a major move which will enhance usability and credibility of TReDs platforms. Directing Public Sector Banks and Undertakings to be on TReDs platform will further help in increasing credit availability.
The Finance Minister has provided immense support to MSMEs with the intent of providing an impetus for growth through easier cash flows and investible surplus.”
Mr. Anshuman Panwar, Co-Founder, Creditas Solutions Pvt Limited
“The budget focuses on inclusive growth with significant thrust on empowering women, poor and farmers. I believe this will contribute to the holistic growth of India. Doubling the allocation for digital investments is a good move too and will help the country’s vision to be a digital-first economy.
The reduction in corporate tax for midsize companies will boost investments. Furthermore, the recapitalisation of Public Sector Banks to provide credit availability is also significant but its success will depend on the execution and implementation of the policy.
Quite significantly, the Finance Minister has acknowledged the role of Fintech companies in shoring up the credit market in India and his unequivocal support is a great news for all Fintech companies.”
Mr. Pankaj Razdan, MD & CEO, Aditya Birla Sun Life Insurance and Dy. CE, Aditya Birla Capital
“The Finance Minister has done well to present a prudent budget by focusing on generation of employment and inclusive growth through increased expenditure on rural economy, infrastructure, MSME and healthcare. Along with maintaining fiscal prudence, the government is clearly working towards creating a healthier India through Increased spend on the healthcare sector which will further lead to the next round of transformation forming the backbone of the economy. This budget is to offer double benefit of sustainable growth leading to improved standard of living and support long term growth prospects of the nation. A tax neutral budget for the life insurance industry also offers more credit play for the insurance companies. Additionally, ULIP emerges as a beneficial long term investment option under the new tax regime. Finance Minister’s move to merge and consolidate all the smaller insurance companies augurs well for the insurance industry. An overall economic growth and more people joining the formal economy will definitely give impetus to the growth of the life insurance sector”
Mahavir Chopra,Director – Health, Life and Strategic Initiatives, Coverfox.com
“The Finance Minister’s reinforced thrust on Digital India through measures like Wi-Fi Hotspots in rural areas will significantly increase internet penetration making India the largest internet enabled population in the world. Access to internet will create skilled jobs in rural areas, avoid migration, and increase reach of rural population to services (like insurance) available only in cities beyond reach.
Given the lack of enough public healthcare infrastructure, the proposal to launch a social security program with regards to public healthcare – the National Healthcare protection scheme that will support 50 Crore underprivileged with health financing is a welcome initiative that was long awaited.
While the increase in the health insurance deduction is a great step, given the recent hike in health insurance premiums for senior citizens, from an Insurance industry’s standpoint, the budget has not been encouraging. We were expecting waiver of GST for senior citizen health insurance, tax sops for insurance products like home and term life insurance (extremely low on penetration) that provide super-essential and currently absent financial security to the middle-class population at large.”
Mr. Manav Jeet is the Managing Director and CEO of Rubique
“Today’s budget announcements are certainly creating a headway for India to become the largest digital economies in the world. Right from ploughing the seed of digital in education, creating the infrastructure to connect villages to encouraging establishment of advanced technologies like Artificial Intelligence including research and development through Niti Ayog’s national programme will certainly help the existing market move towards digital.
Providing Infrastructural Support to MSMEs: MSMEs have been the focus even for Rubique. It’s the most important sector yet underserved segment when it comes to access to finance. Allotment of Rs 3 lakh crore for lending in FY 19 under PM’s MUDRA Yojana for MSMEs definitely bring cheers to them. Also government’s initiative to focus on process digitization & easing the loan sanctioning process will help & encourage the emerging fintechs like us which are taking efforts to digitize the ecosystem with increased acceptance by the ecosystem.
Focusing on Digitizing Banking: Although these initiatives will definitely help Fintech companies like us expand & help bridge the credit gap for MSMEs, we are also hopeful to see government coming up with special tech measures to bring out e-signature facilities within banks and enable access credit digitally removing the need for paperwork which usually delays the disbursal.
Bringing innovative tech support like Blockchain: We are yet to match the security measures implemented in developed countries, hence the decision to eliminate the use of cryptocurrencies and encourage the use if blockchain in payments sector is definitely a wise decision by the government. Although several banks have started adopting blockchain technology within their existing infrastructure, it will be note-worthy to see how this tech implementation is going to shape up the financial inclusion of the country.”
Harshvardhan Lunia, CEO & Co-Founder, Lendingkart Group
“The Union Budget for the year 2018 is in line with our expectations and requirements of the economy. The country is still reaping the benefits from forward-looking initiatives proposed over the previous financial year such as demonetisation, the GST rollout and the increased focus towards digitisation. The programs that have been announced for the rural, agriculture, healthcare and manufacturing sectors will drive essential growth. The continued focus on MSME’s with the allocation of over 3000 crores for credit support along with backing the efforts of FinTech companies’ will help in creating more avenues of financial inclusion for the underserved segment. Bank recapitalisation will also sustain these efforts by adding much-needed credit in the market. The emphasis on complementing existing digitisation efforts by connecting villages through high speed optic fibre networks and building Wi-Fi spots will give an impetus to upcoming digital sectors that rely heavily on connectivity like FinTech and Edtech. We are happy with the current focus of the Government, as the country continues on the path of ‘ease of doing business’ it is great to see strong emphasis being put on ‘ease of living’ for the masses.”
Ranjit Punja, CEO & Co-Founder, Creditmantri.com
“Digitisation and formalisation seems to be the mantra, with the Finance Minister stressing on the growing digital economy and increased allocation to aid digital transformation. The government initiating a new plan on NPAs also shows the importance of rising bad loans with India currently ranking 5th in the world. We hope that this plan would help shift focus on the importance of good credit as a countermeasure. By setting the target of disbursing Rs.3 lakh crore through the MUDRA Yojana for the next fiscal is a commendable step towards inclusive funding.”
Amitabh Chaturvedi, Managing Director, Essel Finance
“As anticipated this is certainly a well balanced budget keeping in mind the politics, election and solid long term economic growth. We did see a good emphasis on rural economy and could term this as an inclusive budget for the lower strata of society. At the same time, the development of the country as a whole continued to be the focus of the Financial Minister, with favourable announcements for the infrastructure and tourism industry. Reduction in corporate taxes is definitely a good initiative, given the impact GST has had on some sectors. I also support introduction of long term capital gain tax as this is one way to track and control tax evasion by many. Overall this is definitely a positive budget for the nation and the economy.”
Rajiv Shastri, Executive Director & CEO, Essel Mutual Funds
“The budget addresses rural and farm distress in a targeted manner by pinpointing root causes and providing solutions to the problems faced. And it does so without breaking the bank by pragmatic use of its tax tools. The reintroduction of Long Term Capital Gains tax is a step towards restoring the Bharat – India balance. At the same time, grandfathering of gains till January 31st 2018 for the purposes of LTCG shows an unexpected level of sensitivity. The continuing focus on infrastructure is welcome, as is the increased allocation to asset creation. Providing a reasonable level of health insurance to close to 40% of the population is a massive step forward in poverty alleviation. At the same time, the government needs to be vigilant that this does not cause a huge spike in healthcare costs as has been experienced in other countries which have tried to combine insurance funded healthcare with private healthcare providers. Along with a slew of market focused measures, we believe that this is a very well balanced budget”.
Viral Berawala, Chief Investment Officer, Essel Mutual Fund
“Overall – Popular but not populist budget. Budget has targeted a large section of population through govt funded healthcare, increase in agri incomes and tax relief & funding (MUDRA) for SME and MSME. Fixed income view – Incoming bond supply, inflation, govt revenues and liquidity will drive bond markets in times to come. For now we see no reason to change our current view of staying invested in accrual driven products. On introduction of LTCG we don’t see significant change in investor behaviour”.
Brijesh Parnami, Executive Director & CEO Essel Wealth Zone
“A well balanced and so called populist budget keeping in mind the medium to long term economic growth of the country. Agricultural & Rural section of country as logically envisaged got the maximum focus as it is a priority area for the government. Covering 50 crs. lives under national health program is an iconic step and it’s the biggest in the world, done by any government. Lower tax rate for MSMEs would strengthen the sector further and would boost job creation opportunities. Continued focus on infrastructure, Digital Initiatives & Education sectors shows the long term approach of the Government. Overall a good & stable budget”.

domain: news


text:
Warehouse Stock Clearance Sale
Grab a bargain today!
Five family pantomimes featuring musical numbers, silly jokes and
fun for all the family!
Chris Emmett is an actor, comedian and writer. His many
credits include appearing in The Burkiss Way and he was a
regular on The News Huddlines and Week Ending.

domain: artistic