Goa Electricity Department - Change of Consumer

on Saturday, January 31, 2009

Forms & affidavit required to change the consumer.

Electricity Department Electricity Department Affidavit Checklist for submission: 1.Affidavit on a Rs.20/- stamp paper duly Notorized by a public Notary 2.Completed form 3.Ownership documents or Lease Agreement 4.NOC from the current owner 5.Copy of the previous electricity bill Complete all the above mentioned document and make a file for the same. The said file has to be submitted to the electricity department. Make sure your bill is current and fully paid up if not please carry a check with you to make the payments. You will also need to made a demand draft, the amount will be informed to you by the clerk after calculating your existing load. Or else you can call the electricity department as ask the telephone operator to connect you to the sub - office of your village, once connected you can mention the total load on your existing bill and ask them for the amount to make the demand draft. When I called the person who answered the call was total uneducated about the procedure and how to read the bill so good luck to you. If the person who answers cannot solve your query please ask for the chief engineers number and call him. In my case the chief engineer in Margao was very helpful. Please note PINK color bills will require to to redo the test report from a licensed electrician.

Goa News - Amul Taaza for Rs.19/-

This morning while preparing tea i realized that the milk was over. I went to our neighborhood shop and purchased my regular Amul Milk for Rs.32/- per liter. Out of curiosity when I browsed their web site I was surprised to see the the milk pack was advertised for Rs.19/- ltr (for Goa it is Rs.20/- per ltr).

Is Amul misleading the consumers?

 

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Goa News - BSNL Landline & Broadband Plans

on Friday, January 30, 2009

Watch out for the reviews of the BSNL land line & Internet broadband plans. Which is the most efficient and  inexpensive.

Goa News Free Phone Calls

Reliance Communication which have recently (30th December 2008) launched their GSM service in 11 circles, yes Maharastra (Goa) is included is on a marketing spree. Goan cell phone users can take advantage of this bumper deal called "Customer Experience Pack" which gives you a talk time of Rs.10/day. This offer will be valid for the first three months.

What you as an user has to do is buy a SIM worth Rs.20.00 which gives you a talk time of Rs.17.79 and also gives you a talk time worth Rs.10.00 every day for the first 90 days. The SIM has a validity of six months.

Rs.917.79 worth of talk time for Rs.20.00 only!!!!

Goa Investors - LIC's Jeevan Aastha

LIC's newest policy was able to collect over Rs. 8000cr inspite of LIC promising the real returns to be 4% - 7.32%. The 10% guaranteed returns promised by your friendly agent was just a marketing gimmick to make it look like a worthy investment. PPF gives you an interest of 8% compounded which is still better than Jeevan Aastha, the 0.068% calculated for 10yrs will work to be Rs.3000.00 for Rs.25000.00 of investment.

Jeevan Aastha looks good only if you plan to lock your money for the next 10yrs, this means you will not have liquidity for the next 10yrs and if interests rates go up than you will miss the bus, unless you choose to pay the 10% exit load to break your Jeevan Aastha policy before the term period.

If you ask me I would never lock my money for next 10yrs as a lot can happen in the next 10yrs. Maybe LIC can go bust just like UTI - 64. UTI was also guaranteed by the government. The tax laws can change.

The other option to this would be to invest in Bhavishya Nirman bonds (NABARD) which provide a 8.5% returns post taxes or 8.29% after taxes which are also guaranteed by the government. The funny part is LIC can invest your money in these bonds and make profits at your cost.