Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday 11 December 2017

Google Getting Poetic ?



Yesterday, Google’s AlphaZero AI software learned all the moves of chess within 4 hours and defeated all earlier chess-playing algorithms .



There was also the news ( I hope , it was fake ! ) that someone just developed an AI software that can write its own ( - and , better ) child software !



So , in order to decide how far Google AI has come to replicating “ Human Creativity “ ( supposedly , beyond the capability of any AI software so far ? ) , I decided to carry out following simple test ( - feel free to name it , “  Hemen Hurdle  “ – with apologies to Turing Test )



Below , you will find 3 versions of my poem “ Winds of Time



The original English version was written by me on 10 Oct 1988



That is followed by my own transliteration ( in HINDI ) of today



Right below that is how GOOGLE TRANSLATE , rendered it from the original English version



I leave it to the readers to decide which one is “ creative “ !



Of course , I must admit that it took me close to 20 minutes to translate my own poem , whereas Google took less than one second !



Pasting both the “ Hindi “ versions in Google Translate and asking it to translate back to English , will convince you that Google has still , a long way to go !





Hemen / 11  Dec  2017 /  hcp@RecruitGuru.com





ORIGINAL :

The Winds of Time
------------------------------------------
Before the fragrance leaves the flowers
And the sky gives up its colors ,
Let us leave this world
The two of us
Together,
Leaving behind, a few
Shrunken , shriveled memories
Which
Like the yellowed leaves of
The Pippul tree –
Will get scattered
Far and wide
By the winds of Time.
The leaves cannot tell
That the Pippul was barren,
Nor can memories echo
The emptiness
Of our lives.
So let us leave,
While we can still
Hear the wind sing
And feel the softness
Of a feather.


MY OWN TRANSLITERATION :

समय के समीर !


जब
ना रहे फूलों मे  खुशबू
और आसमान  मे  रंग ,

इससे पहले
छोड़ के इस जहां को 
चलो , हम चले
साथ साथ  ;

पीछे छूट जायेगी
कुछ
रूखी सूखी स्मृतियाँ  ;

पिप्पल के पत्तो की तरह
दूर दूर उड़ जायेगी
समय की सीमाओं के पार  !

पत्ते क्या बता पाएंगे
की
पिप्पल मे फूल
कभी आएंगे  ?

हमारे जीवन के
अधूरेपन को
क्या
स्मृतिओं से भर पाओगी  ?

तो चलो चले
जब तक हवाओं मे
तेरे मेरे
गीत लहराते है ,

और
घु घु करते कबूतर के पंख  की
नजाकत
तेरे गालों से
शरमाती है  !



GOOLE  TRANSLATE :


समय की हवाएं



सुगंध फूलों को छोड़ने से पहले
और आकाश अपने रंग को छोड़ देता है,
आइए हम इस दुनिया को छोड़ दें
हम दोनों
साथ में,
पीछे छोड़कर, कुछ
श्रुंकन, सूखा यादें
कौन कौन से
पीले रंग की पत्तियों की तरह
पिप्पल पेड़ -
बिखरे हुए होंगे
दूर और व्यापक
समय की हवाओं के द्वारा

पत्ते नहीं बता सकते
कि Pippul बंजर था,
न ही यादें गूंजती हैं
शून्यता
हमारी ज़िन्दगियों का।

तो हमें छोड़ दें
जबकि हम अभी भी कर सकते हैं
हवा गाओ सुनो
और कोमलता महसूस करें

एक पंख में


=================================

Sunday 10 December 2017

Bursting Bitcoin Bubble ?



Even as a government committee is debating the issue of Bitcoin ( to be or not to be ? ) and even as RBI keeps issuing warnings to the public re the “ Illegal Status “ of the Bitcoin, here is a way to burst the Bitcoin Bubble



A news appearing in today’s Economic Times , reads :








S Shridhar, an engineer working at an American IT company in Bengaluru, sold about 20 bitcoins on Friday following Reserve Bank of India warnings against trading in virtual currencies and a fall in its value, only to be told by his tax adviser that he could be in trouble.
 

The 36-year-old engineer and his advisers are now trying to figure out whether his return from the trade — which Shridhar transferred to his bank account — will be taxed and by how much


Sridhar is one among a rising number of individuals in the country rushing to sell their bitcoin holdings even as there is no clarity on the tax implication on these investments. 


Experts said returns from bitcoins could attract 20-30% tax, depending on whether they are categorised as business income or capital gains.
 

"In case anyone sells bitcoins, the gains would definitely attract taxation, depending on his intent to categorise the gains either as business income or capital gains," said Jeenendra Bhandari, partner at tax advisory firm MGB.


"There is no specific amendment to income tax law required to determine bitcoin taxability," he said.
 

Experts said the tax department could categorise money from selling bitcoins as business income.


"Active trading could also make it liable to be treated as speculative business, attracting regular tax rates," said Amit Maheshwari, partner at Ashok Maheshwary & Associates LLP Chartered Accountants.


Alternatively, revenue officers could levy long-term or short-term capital gains tax on bitcoin returns.
 

"If anyone is selling bitcoins and the money comes in his bank account, this would attract either long-term capital gain tax or short-term capital gain tax, depending on the holding period," Maheshwari said.
 

Long-term capital gains tax at 20% would be levied if bitcoins were held for at least 36 months. In all other cases, short-term capital gains tax at 30% would be applicable, he said. 


According to exchanges and agents helping Indians buy and sell bitcoins, there has been a rush in the last few days to sell them, leading to a crash in the value of the digital currency used for online transactions but not authorised by any central bank or monetary authority. 


One reason for that is a fresh warning issued by RBI on Wednesday reminding investors that it has not authorised any entity to deal in bitcoins and that any investor or trader dealing with virtual currencies "will be doing so at their own risk". 


With the advance tax deadline on December 15, bitcoin investors and their tax advisers are working out how to deal with returns on investments in the crypto-currency



There is also a fear that it may attract indirect tax, that is, goods and services tax (GST).
 

While most tax experts said GST may not be levied, there is a fear that some officers may insist on this going ahead. 

"There won't be GST on buying bitcoins as it is like buying USD or pounds from a forex dealer," said Bhandari of MGB. "But the transaction fee for purchase or sale of bitcoins or the underlying transaction for which it is used will be liable to GST." 


Many tax advisers are asking their clients to desist from transferring money received in their wallets after selling bitcoins to their bank accounts.


But this is just a temporary solution as the money will automatically be transferred after three months.





MY  SUGGESTION :



I hope , no IT officer , in his enthusiasm , sends tax payment notice to persons who have deposited their sale-proceeds ( from selling of Bitcoins ) in their bank accounts



Sending a tax notice, could amount to “ legitimizing “ the Bitcoin !



Levying a GST ( even at  50 % ) , would confer legitimacy to Bitcoin  !



On the contrary , since RBI has declared Bitcoin as “ Illegal “ , that entire sale-proceed must also be treated as “ Illegal “ – and CONFISCATED !



That should burst the Bitcoin Bubble  !




11  Dec  2017




Surgical Strike by Pakistan ?



Following news appeared today :







Prime Minister Narendra Modi on Sunday alleged Pakistan was interfering in the Gujarat Assembly polls………


In a speech at a rally in Palanpur in Banaskantha district, the PM said: “The same Mani Shankar Aiyar who insulted Gujarat held secret meetings with the Pakistan high commissioner. What was the reason ? ………..


The claim was also tweeted on his personal Twitter handle @narendramodi_in.


The PM alleged that there were media reports on Saturday about a meeting at Aiyar’s house. “ It was attended by Pakistan’s high commissioner, Pakistan’s former foreign minister, India’s former vice-president and former prime minister Manmohan Singh,” Modi said.




Coming from anyone else , this revelation would be unbelievable  !



But , Shri Modi owes it to the citizens of India , an “ irrefutable  proof  “ of the alleged interference by Pakistan in our elections



If provided , such proof will truly become the “ Last nail in the Coffin “ for the Congress party. And an “ absolute majority “ for BJP in 2019 general election !



If not provided , such an allegation ( bordering on treason ? ) , would destroy the credibility of , not only Shri Modi but also of the entire “ Intelligence Resources “ of our government and make BJP a nervous “ laughing stock “ in the eyes of the voters !




11  Dec  2017



Friday 8 December 2017

Smart Meter : No Pending Payments ?






Writing in Economic Times ( 08 Dec /  Govt to rope in Telcos for Smart Meter Connectivity ) , Nishtha Saluja , describes a “ Smart Meter “ as follows :



“ A smart meter is a new kind of Electricity meter that can automatically send meter readings to the power supplier for billing and help consumers better understand their energy usage “



On same day , Hindustan Times carried a news report titled :



“ Centre, States to implement DBT scheme in power sector “



Power Minister, Shri R K Singh said :



“ There is no such thing as free electricity . Any subsidy you want to give to any category of consumers, it has to be direct benefit transfer ( DBT ) . That is something which we have agreed. We will bring it into the law .



To improve efficiency and reduce losses, the Union and the State governments will be leveraging technology for 100 % metering and doing away with any human interface in consumer facing functions such as metering , billing and collections



These steps will require amendments in the Electricity Act of 2003

=============================


Now , this statement must be viewed in the context of what Shri Narendra Modi said while launching “ Saubhagya “ scheme , a few weeks ago , viz :


===============================


Named Saubhagya, which means “good luck” in Hindi, the scheme’s mission is to ensure all Indians have electricity by the end of 2018.

This will involve the electrification of more than 40 million households and is estimated to cost approximately $2.5 billion USD.

==============================






Congratulations , Shri Singh  !



But , if you really want to “ DO AWAY WITH ANY HUMAN INTERFACE “ , I urge you to ensure that those “ Smart Meters “ that you plan to install at those 40 million households , conform to the following “ Specifications “ :



*         It will be a Tablet look-alike device

          
·         It will show daily – weekly – monthly , power consumption of the premises

          
·         It will show the “ average / highest / lowest “ monthly consumption

          
·         It will also show how many UNITS remain to his BALANCE , at any given time

          
·         It will show a GRAPH comparing consumptions during any two “ periods “

          
·         It will have facility to enter ( type in ) , customer’s Aadhar Number ( of course, linked
          to his Bank Account Number )

          
·         After login ( using biometric identification of Finger + Iris + Voice ) , customer can “
          Re-charge “ his “ Account “ with ( say ) , Rs 1,000 / - at the beginning, using the
          built-in Virtual Keyboard ( Device will have built-in camera )

          
·         When the “ balance “ to his credit falls to ( say ) Rs 100 / - , an alarm will ring and
          he will also get Email / SMS / WhatsApp reminder

          
·         If he fails to “ Re-Charge “ his account , power will get disconnected upon the
          balance falling to Rs 10/-  !

          
·         Power will start flowing again as soon as consumer “ re-charges “ through device
  

 Read further details :




09  Dec  2017