The past few days have been a nightmare for Indian PayPal account holders. PayPal Notification: Reversed Transaction and bank transfer reversals even after a completed status update have not been cleared. It’s a financial glitch because RBI is upset about taxes they can’t collect due to loopholes.

PayPal has no arrangements to make transactions compulsorily taxable, and most account holders have been happily receiving personal payments as they gifts in dollars are the done thing. Once these payments are transferred to an Indian bank account people simply pretend it’s money that came along and don’t show it as an income, in which case all this money will be taxable.

Would Indians no longer be allowed to use PayPal? The risks are high considering there’s too much money involved. Will RBI step in? Well, why not, anyone would be happy with more taxes collected in times of recession.

Japanese giant Honda decides to move ahead with their decision to keep Thailand as its small car exporting hub for its latest cars to be designed especially for the Indian roads. This report is from Honda Siel India, which is Honda’s Indian subsidiary.

The Company is planning to launch this vehicle by the yearend. The car will be designed exclusively for India, like the market of the Honda Jazz and Honda Accord, which have been designed exclusively for Japan, and US respectively.

The company always had Thailand in their mind for their small car exporting hub and most of the cars made in India will be for the domestic market only. The main reason for making Thailand as the exporting hub is that Thailand is a part of the ASEAN group, which will allow benefits of free trade, etc.

PayPal Non-US account declaration

A few months ago, a thoughtful customer sent me this:

You have received this mail because you have used this email account to receive PayPal funds from XXXX Media Inc. (XXXX@XXXX.com) for purchasing services including content creation, WordPress template submission, etc.

XXXX Media Inc. is US-registered thus all payment issued shall be in compliance with US tax laws. A declaration statement is needed from you to declare the nature of your PayPal account.

Since your PayPal is a Non-US account, it will take only 2 minutes from you to compose a mail from this email address to partnership@serritekmediainc.com

The mail should look like this:
—

Subject:
Declaration Statement
Content:
XXXX Media Inc.,

I hereby declare that I do not have any income effectively connected to the USA.

My name
—

For your convenience, you can simply copy the above content when composing this mail.

By doing this, IRS will see your account with no effective connection to the USA and thus no tax will be applied to all the payment we have sent. If the declaration fails to arrive before the end of 2009, IRS might advise PayPal to lock down your PayPal and ours for inspection of possible money laundering.
This too could play a part in PayPal transaction reversals and non receipt of transfers made to your bank accounts.

In this short write up, I can only talk about PayPal transactions that are being reversed in India. Everybody needs to be less shocked and more responsible. This had to happen because too many people were receiving payments for services ( online jobs) and goods as gifts. It’s called cheating the Indian government because gifts can’t be taxed. Of course, the loopholes didn’t get exploited right at the start when most Indians began using PayPal towards the end of 2007.

Ever since, people got greedy and started taking every payment as a gift so now RBI isn’t happy at having lost on taxable dollars. As of now, PayPal has removed personal payment options, etc., so you can’t send or receive gifts, and hopefully your PayPal payments will not be reversed now. However, there is no clear indication regarding what is going to happen next.

Personally, I have nothing against Sania Mirza, and I was really happy when she entered mainstream tennis. Here was a young girl from an ancient city who was putting the country on the global map. From the seat of Biryani, and pearls, came a tennis gem. The serious looking and nervous Sania Mirza who played with a mission. The country sat back and took notice. Tennis became a sport parents wanted their children to play, and there were tennis academies galore because there was money in it.

Then came a peak in her a career, and a dream to better achievements, but Sania failed. Most people fail, and we forget them. Probably that’s when all the advertisement contracts they’ve signed become visible, and we start laughing. Terrible makeover in that girlie bike ad, I agree, but it was meant for Sania Mirza because she was a marketable product.

Her injuries were spoken of as though they were meant to happen. People say that’s what all these people do because they’ve made their money. So, not everyone is waiting to watch Sania Mirza play the Australian women, because there’s a variety of eye candy. She exits the Australian Open quests, and the event is expected. Whatever happened to hope? A few channels make it sound worse than it is. I’m really wondering if some of these bogus reporters can ever get over their cheap suits, ugly makeup, and loud pitch. Just one word for them, losers. Don’t waste time listening to anything they say.

Now, it appears her engagement to Mohammed Sohrab Mirza is called off. Oh wow, something to talk about. Just give her a break. As of now, anyone who’s reading this or anything related to Sania Mirza must realize she’s done something that no one else has done in our damned living decades. Respect sportsmanship.

To unfriend someone of Facebook may be considered normal – happens all the time in the virtual and the real world as well. However, the only drawback is that Facebook does not provide a straight-forward solution to Re-add deleted friends, in case you need to do so. The virtual world was supposed to make things easier, but in this context, it’s just the opposite. In the real world, for instance, if you feel that you need to give a second chance to your unfriended friend, you can just make a call, arrange a meet, or send a text message. On Facebook, however, there are no readymade solutions.

Some Facebook experts suggest that you contact Facebook’s customer support and they will do the rest. Give it a try and see if it works. Other than that, you can also try sending a friend request to your unfriended friend using his/her email ID. Here, you need to remember that it’s you who has to take the initiative because your unfriended friend cannot do anything in this matter; they can neither see you in search results, nor can send you friend requests using your email ID. So, you can say that the responsibility of making things better rests with you initially.

Hope this helps.

Violent video games like Doom, Wolfinstien 3D, Mortal Combat and Counter-Strike have aggressive game play. The video games consist of characters wielding different weapons and using different armaments and guns. The main objective of these games is to kill the opponents. These games involve fictional shooting and killing and incorporate blood related graphics and unrealistic fantasy environments.

The first noteworthy design for a video game was made back in 1972. The video game was basically an arcade game called Computer space and was based on a previous design. The five years from 1972 to 1977 saw a large number of original and ingenious game designs and is referred to as the First Generation. The microchip was discovered in the year 1976. The first video game based on the microchip technology was developed in the year 1977. The period between 1977 and 1981 saw a large number of innovative microchip games and is referred to as the Golden Age. Another crucial stepping stone towards the advancement of video games was the establishment of a designing company named Atari. The company provided new video games on a consistent basis from the period between 1981 and 1984. 32-bit microchips were introduced in 1995 after which the 64-bit chips were invented.

The Allegheny County in Pennsylvania has its Office of Property Assessments in Pittsburgh, PA. The Allegheny County Home Assessment office aims to procure accurate data, resulting in fair assessment of the properties. The base year is different for different counties, as per the prevalent laws.

In Allegheny County, the previous countywide reassessment is the base year. The advantage of the base year method is that it permits similar homes to have Parallel home assessments. Currently, all market values represent the estimated value of the property, based on the base market value as on January 1, 2002. The Allegheny County Home Assessment office also provides services like Online Quick Help and Real Estate Web Site. It enables property owners to view all the property and tax records for any property in the country. Home assessment service is available on weekends too.

Home Assessment Value

The Nassau County has all the relevant information on their website. Some of the technical terms are:

- Assessed Value.
- Adjusted Market Value.
- Assessment.
- Abatement.
- CDU.
- Exemption.
- Grievance Period.
- Liber and Page.
- Net Adjustment.
- Weighted Average.

Information regarding tax exemptions and abatement are also provided. If you are not satisfied with the home assessment done by the government department, you can challenge the assessment. You can also contact the Home Assessment Office of your county or find online home assessment services that come for free. Home assessment involves property evaluation, appeal, change of address, filling forms and tax inquiries.

The group stage of Champions League 2009-10 is over and now its time for the knockout stages. The teams for the knockout stage are finalized by a draw. This is done by dividing the 16 qualified teams in two pots. The first pot will consist the top team from each of the eight groups and the second pot will consist the runners up teams from each group. All the teams will be place in an alphabetical order in their pots as follows;

Pot 1

Arsenal
Chelsea
Man Utd
Bordeaux
Fiorentina
Barcelona
Real Madrid
Sevilla

Pot 2

Lyon
Olympiacos
Bayern Munich
VfB Stuttgart
Milan
Inter
Porto
CSKA Moscow

A random team from pot 1 will be pitted against a random team from pot 2 which will be finalized by a draw. The draw is scheduled on 18th Dec 2009. All the big teams are looking in great shape to qualify for the quarter finals as there were not many upsets in this year’s group stage apart from Liverpool. So all teams are hoping for a weaker team to play against in the knock out stage.

I am sure United fans would remember Villa’s last visit to Old Trafford In April this year, Villa came the closest of beating United at Old Trafford since 1983. Trailing by 2 goals to 1, Villa were looking at their first victory at Old Trafford after a long time. But Cristiano Ronaldo’s famous 81st minute equalizer and star kid Fredrico Macheda’s injury time winner gave United the much needed 3 points.

But that is history and today’s game will be different altogether. Ronaldo gone and Macheda not even on the bench United will hope to show the same spark with Owen’s killer instinct which was visible in the last match against Wolfsburg. Owen has a good chance to impress England boss Fabio Capello and book his ticket to the world’s biggest sporting event next year.

Good news for Ferguson is that his center back Vidic is declared fit and will be available for the Villa game though the other center back position will be filled in by Michal Carrick, which he’s been doing in the past 3 games as United defenders are all out due to injury.

Giggs is back from rest and will be playing alongside Obertan, Fletcher, Anderson and Scholes. Owen will be the lone striker as Rooney and Berbatov are not match fit due to injuries. Kusczak will be holding the goalie’s position in the absence of Van Der Saar. Villa boss Martin O’Neill will be hoping to break the deadlock and win for the first time at Old Trafford in 26 years.