Thursday, June 4, 2009

Hyderabad City Personal Income Tax Collections Fell for 2008-09

India's Personal Income Tax grew by 9.9% for 2008-09.   The personal income tax also  includes Fringe Benefit Tax, Securities Transaction Tax and Banking Cash Transaction Tax. 

However, personal income tax has declined in Hyderabad and eight other metro cities including Mumbai, Bangalore and Chennai. Some other cities in the list of lower income tax collection are Nagpur, Meerut, Bhopal, Bhubneshwar and Guwahati.

According to the data, Mumbai fell short by Rs 2,275 crore in the personal income tax collection segment or 5.6 per cent in the last fiscal, if compared to the one year old data. Bhopal division has recorded the biggest decline in the collection, which is 43 per cent.

Still trying to find the exact percentage drop for Hyderabad. Will update the posting when I find that data.

Monday, June 1, 2009

WaterFront Restaurant - One of the Best in Hyderabad

What's good:
  • Live music
  • Over looks the lake (Hussain Sagar also called Tankbund)
  • Nice area - good sidewalk for a leisurely walk
  • Food is awesome - multi-cuisine (Indian, Thai, Indian Chinese)
  • Ambience is great
  • Serves liquor
  • Parking is pretty easy to find
Whats not great:
  • Staff is a bit overly focused on maximizing the bill
  • Sometimes the place gets too loud.  The restaurant is a bit crowded
Overall:
For those looking to experience the best that Hyderabad has to offer.  Can be crowded but still a great place.  Reservations are accepted.  They have a minimum billing policy - if you walk in you have to make a minimum bill from Rs.350 to Rs 500 per person (changes based on weekday or weekend).

Fine dining experience. The best part of this restaurant is that it is on the Lake shore. One side of the restaurant is full glass wall that overlooks the lake.