“ARDHA KRANTI” SYSTEM MAY CAUSE LOSS TO INDIA"
An Idea may turn your life:
What is “Ardhakranti”?
————————-
“Ardha kranti” is a new economic principle/policy/ system. This “ardha kranti” is being proposed to introduce in India. This system framed by Mr.Anil Bokil.
Main features of “Ardhakranti”:
———————————–
1) It will bring total changes in Taxation system in India.
2) Except Import duties, all the 56 types taxes to be removed.
3) In place of present taxes, 2% BTT to be implimented (BTT= Banking
transaction tax)
4) All the transactions should be done through Banks only.
5) All the Rs.100/-, 500/- and Rs.1,000/- currency notes to be removed from the circulation.
6) All the transactions for above Rs.2,000/-, must be through Banking only.
With this system, they are expecting,
a) Gov.ment income will increase more than double to the present income.
b) Purchasing power will increase for the employees.
c) Consumer prices will be come down.
d) There is no chance to evade Tax to any one. Black money can not be formed.
e) Fake notes and corruption can be controlled.
By looking it is very nice. But there are many loop holes and selfishness in this system, to evade long pending and disputed huge taxes.
Hence, Under any circumstances, the Central or State Gov.ments (present & future) must not accept and must not introduce “Ardha Kranti” system in India without consent of majority people in India.
In fact, there are so many mechanisms to control corruption, black money, control fake currency and tax evasion.
Mainly, to control the above corruption, Black money and fake notes etc.,
1) India need a well educated, dare and Dynamic leadership cabinet.
2) Should not have the selfish ness and partiality.
3) transparency in policies and ruling
4) Should be a citizen of India and must have interest in own country and
people.
If the rulers have the above characters, we do not require any new kind of economic system. If they do not have, even if we implement any type economic system, it is waste, expensive and time consuming.
If the Gov.ment feel necessary to implement “Ardha Kranti” system in India,
1) First, make sure India to become 100% literacy and net banking.
2) Second,make sure to control 100% of hacking by nigerians and others.
3) Third, make sure to get train by Indian police officers to catch and recover the
hacked money with high level soft wares.
4) Make sure to increase the Banks for every nook & corner.
5) Make sure to have Bank accounts and PAN cards by all the Indians.
6) Make sure not to fail server down even a single minute.
7) Make sure to deposit Rs.1 Lakh crores to compensate, hacked money
immediately to the customers.
Make sure not to become the terminated employees from all the tax
departments, and others, as the hacking professionals for easy money.
Today, One side, high inflation and low earning power to the poor and middle class people and other side some people are gaining crores of rupees and hiding in “SWISS” Banks and other national & Inter national Banks, Binami names and evading huge taxes.
Instead, we can try phase wise as under,
*****************************
1) first , as a 5 year plan declare tax exemption for 5 years to all the individuals, from Income tax, cess and surcharge.(except long term capital gain and wealth Tax) to avoid un necessary paper work and waste of valuable time. Now the I.T.department authorities will get more time to concentrate on tax evaders.
Further it is easier to them to control corruption and put more concentration to recover black money which is kept in “SWISS” Banks and other national and International Banks , trace Binami assets and fake “TRUSTS” etc., It is a right step, to make the all class of people economically balance.
2) Concentrate these 5 years, on all the tax evaders and recover all the Taxes through”Tribunals”and “Fast track courts”.
3) Simplify the IT Returns manual as well as on line system.
4) Give options to individuals to file IT Returns to claim refunds or for any other reasons.
5) After 5 years, Increase the income tax limits (All types of Income) to Rs.5 lakhs to all the people as a common.
5.01 lakh to 7.50 lakh — 10%
7.51 lakh to 10.00 lakh — 20%
10.01 lakh to and above — 30%
6) When the limits increased to Rs.5 Lakh, then there is no necessary to differentiate of slabs for men, women , senior citizens and super senior citizens.
7) HRA calculations to be removed totally.
Education cess to be removed.
9) Surcharge to be removed.
10) Wealth tax 1%, limits to be reduced to 30 Lakhs.
11) U/s 80C exemptions will be increased to 3 Lakhs uniform to all.
12) It is better to remove all the sections like 80D, 80U etc, because the Limits already increased to 5 Lakhs.
13) Service Tax to be reduced to 2%
14) FSA charges on electrical bills must be removed immediately.
15) Phase wise, old currency notes to be removed to control fake notes & black money.
16) Arrange to enquire, door to door , land to land locker to locker and account to account to trace black money and Binami assets.
17) Arrange to set up “fast track courts” to settle this corrupted “Black Money”, recover and deposit with gov.ment with in 90 days.
An Idea may turn your life:
————————-
“Ardha kranti” is a new economic principle/policy/ system. This “ardha kranti” is being proposed to introduce in India. This system framed by Mr.Anil Bokil.
Main features of “Ardhakranti”:
———————————–
1) It will bring total changes in Taxation system in India.
———————————–
1) It will bring total changes in Taxation system in India.
2) Except Import duties, all the 56 types taxes to be removed.
3) In place of present taxes, 2% BTT to be implimented (BTT= Banking
transaction tax)
transaction tax)
4) All the transactions should be done through Banks only.
5) All the Rs.100/-, 500/- and Rs.1,000/- currency notes to be removed from the circulation.
6) All the transactions for above Rs.2,000/-, must be through Banking only.
With this system, they are expecting,
a) Gov.ment income will increase more than double to the present income.
b) Purchasing power will increase for the employees.
c) Consumer prices will be come down.
d) There is no chance to evade Tax to any one. Black money can not be formed.
e) Fake notes and corruption can be controlled.
By looking it is very nice. But there are many loop holes and selfishness in this system, to evade long pending and disputed huge taxes.
Hence, Under any circumstances, the Central or State Gov.ments (present & future) must not accept and must not introduce “Ardha Kranti” system in India without consent of majority people in India.
In fact, there are so many mechanisms to control corruption, black money, control fake currency and tax evasion.
Mainly, to control the above corruption, Black money and fake notes etc.,
1) India need a well educated, dare and Dynamic leadership cabinet.
2) Should not have the selfish ness and partiality.
3) transparency in policies and ruling
4) Should be a citizen of India and must have interest in own country and
people.
2) Should not have the selfish ness and partiality.
3) transparency in policies and ruling
4) Should be a citizen of India and must have interest in own country and
people.
If the rulers have the above characters, we do not require any new kind of economic system. If they do not have, even if we implement any type economic system, it is waste, expensive and time consuming.
If the Gov.ment feel necessary to implement “Ardha Kranti” system in India,
1) First, make sure India to become 100% literacy and net banking.
2) Second,make sure to control 100% of hacking by nigerians and others.
3) Third, make sure to get train by Indian police officers to catch and recover the
hacked money with high level soft wares.
hacked money with high level soft wares.
4) Make sure to increase the Banks for every nook & corner.
5) Make sure to have Bank accounts and PAN cards by all the Indians.
6) Make sure not to fail server down even a single minute.
7) Make sure to deposit Rs.1 Lakh crores to compensate, hacked money
immediately to the customers.
immediately to the customers.
Make sure not to become the terminated employees from all the taxdepartments, and others, as the hacking professionals for easy money.
Today, One side, high inflation and low earning power to the poor and middle class people and other side some people are gaining crores of rupees and hiding in “SWISS” Banks and other national & Inter national Banks, Binami names and evading huge taxes.
Instead, we can try phase wise as under,
*****************************
*****************************
1) first , as a 5 year plan declare tax exemption for 5 years to all the individuals, from Income tax, cess and surcharge.(except long term capital gain and wealth Tax) to avoid un necessary paper work and waste of valuable time. Now the I.T.department authorities will get more time to concentrate on tax evaders.
Further it is easier to them to control corruption and put more concentration to recover black money which is kept in “SWISS” Banks and other national and International Banks , trace Binami assets and fake “TRUSTS” etc., It is a right step, to make the all class of people economically balance.
2) Concentrate these 5 years, on all the tax evaders and recover all the Taxes through”Tribunals”and “Fast track courts”.
3) Simplify the IT Returns manual as well as on line system.
4) Give options to individuals to file IT Returns to claim refunds or for any other reasons.
5) After 5 years, Increase the income tax limits (All types of Income) to Rs.5 lakhs to all the people as a common.
5.01 lakh to 7.50 lakh — 10%
7.51 lakh to 10.00 lakh — 20%
10.01 lakh to and above — 30%
7.51 lakh to 10.00 lakh — 20%
10.01 lakh to and above — 30%
6) When the limits increased to Rs.5 Lakh, then there is no necessary to differentiate of slabs for men, women , senior citizens and super senior citizens.
7) HRA calculations to be removed totally.
Education cess to be removed.
9) Surcharge to be removed.
10) Wealth tax 1%, limits to be reduced to 30 Lakhs.
11) U/s 80C exemptions will be increased to 3 Lakhs uniform to all.
12) It is better to remove all the sections like 80D, 80U etc, because the Limits already increased to 5 Lakhs.
13) Service Tax to be reduced to 2%
14) FSA charges on electrical bills must be removed immediately.
15) Phase wise, old currency notes to be removed to control fake notes & black money.
16) Arrange to enquire, door to door , land to land locker to locker and account to account to trace black money and Binami assets.
17) Arrange to set up “fast track courts” to settle this corrupted “Black Money”, recover and deposit with gov.ment with in 90 days.
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