Indian Political Corner | All Updates & Discussions.

[911]

http://www.opindia.com/2016/11/evangelical-and-fcra-infiltrations-in-the-wcd-ministry-and-ncpcr/

 

[911]

 

[Bitter Melon]

https://twitter.com/x/status/797755159027662849

 

[indiatester]

Is this DeMonitization going to impact BJP's prospects in UP and Punjab negatively?
Enough noise is being made by the political parties to discredit the government by claiming shoddy implementation.

In my view, this can be bad to the government if
1) The availability of money is not improved quickly (few more days)
2) If the money received back is not higher than the 2-3lakh crores claimed by Modi
3) If the next steps don't include going after people who hid their black money in real estate and other asset classes.

All in all a gutsy move, but tough to pull off.

 

[Bitter Melon]

https://twitter.com/x/status/797766784174551040

 

[Crixus]

His pain shows this decision will impact his Punjab plans

https://twitter.com/x/status/797766784174551040

 

[Soumitra]

Is this DeMonitization going to impact BJP's prospects in UP and Punjab negatively?
Enough noise is being made by the political parties to discredit the government by claiming shoddy implementation.

In my view, this can be bad to the government if
1) The availability of money is not improved quickly (few more days)
2) If the money received back is not higher than the 2-3lakh crores claimed by Modi
3) If the next steps don't include going after people who hid their black money in real estate and other asset classes.

All in all a gutsy move, but tough to pull off.

Dont worry about negative comments from AAP, Congress etc. They are born to oppose whatever Modi says. If tomorrow he says breathing will be compulsary for all if they want to live AAP and congress will protest and say they will not breathe

The note shortage is temporary. in a few days everything will be resolved

The exact amount of black money recovered will be difficult to estimate. many people may choose to cut their losses. Already it is seen as people have burnt sacks of notes and also thrown them in the Ganga

BJP will benefit in UP as the cash component used by SP/BSP will be severely crippled

The next steps in real estate and gold are also in the pipeline. Just wait after 30th December

I feel Surgical Strikes, Demonetisation and further steps for black money will be good planks for BJP in the election

 

[Bitter Melon]

https://twitter.com/x/status/797800779855736838

 

[Bitter Melon]

https://twitter.com/x/status/797696830825865217

https://twitter.com/x/status/797852537386770432

https://twitter.com/x/status/797831346957656064

 

[Panther 57]

Anil Bokil , one of the key member of Arthakranti Sansthan was given time to share to PM Modi. He was given 9min for sharing but Mr Modi heard him for 2 hrs.

Arthakranti Proposa

What is Arthakranti Proposal and who hasgiven the proposal?

“Arthakranti Proposal” has been given by a Pune (Maharashtra) based “Arthakranti Sansthan” which is an Economic Advisory body constituted by a group of Chartered Accountants and Engineers. This funda has been patented by the Sansthan.

Arthakranti Proposal is an effective and guaranteed solution of Black Money Generation, Price rise and Inflation, Corruption, Fiscal Deficit, Unemployment, Ransom, GDP and industrial growth, terrorism and good governance.

Q. 1>What is in the Proposal ?

“Arthakranti Proposal has FIVE point of actions simultaneously.

(1) Scrap all 56 Taxes including income tax excluding import duty.

(2) Recall and scrap high denomination currencies of 1000, 500 and 100 rupees.

(3) All high value transaction to be made only through banking system like cheque, DD, online and electronic.

(4) Fix limit of cash transaction and no taxing on cash transaction.

(5) For Govt. revenue collection introduce single point tax system through banking system – Banking Transaction Tax (2% to 0.7%) on only Credit Amount

Q.2.> What r the important Points to note?

(1) As on today total banking transaction is more than 2.7 lakh crores per day say more than 800 lakh crores annually.

(2) Less than 20% transaction is made through banking system as on today and more than 80% transaction made in cash only, which is not traceable.

(3) 78% of Indian population spend less than 20/- rupees daily why they need 1000/- rupee note.


Q.3.> What will happen if All FIFTY SIX Taxes including income tax scrapped :

(1) Salaried people will bring home more money which will increase purchasing power of the family.

(2) All commodities including Petrol, Diesel, FMCG will become cheaper by 35% to 52% .

(3) No question of Tax evasion so no black money generation.

(4) Business sector will get boosted. So self employment.

Q.4.> What will happen if 1000/ 500/ 100 Rupees currency notes recalled and scrapped :

(1) Corruption through cash will stopped 100%.

(2) Black money will be either converted to white or will vanish as billions of 1000/500/100 currency notes hidden in bags without use will become simple pieces of papers.

(3) Unaccounted hidden huge cash is skyrocketing the prices of properties, land, houses, jewellery etc and hard earned money is loosing its value; this trend will stop immediately.

(4) Kidnapping and ransom, “Supari killing” will stop.

(5) Terrorism supported by cash transaction will stop.

(6) Cannot buy high value property in cash showing very less registry prices.

(7) Circulation of “Fake Currency” will stop because fake currency printing for less value notes will not be viable.


Q.5. > What will happen when Banking Transaction Tax (2% to 0.7%) is implemented :

(1) As on today if BTT is implemented govt can fetch 800 x 2% = 16 lakh crore where as current taxing system is generating less than 14 lakh crore revenue.

(2)When 50% of total transaction will be covered by BTT sizing 2000 to 2500 lakh crores, Govt will need to fix BTT as low as 1% to 0.7% and this will boost again banking transaction many fold.

(3) No separate machinery like income tax department will be needed and tax amount will directly deposited in State/Central/District administration account immediately.

(4) As transaction tax amount will be very less, public will prefer it instead paying huge amount against directly/indirectly FIFTY SIX taxes.

(5) There will be no tax evasion and govt will get huge revenue for development and employment generation.

(6) For any special revenue for special projects, govt can slightly raise BTT say from 1% to 1.2% and this 0.2% increase will generate 4,00,000 crores additional fund.

Q.6. What will be the effect if implemented today :

(01)Prices of all things will come down.

(02)Salaried people will get more cash in hand.

(03)Purchasing power of Society will increase.

(04)Demand will boost, so will production and industrialisation and ultimately more employment opportunity for youth.

(05) Surplus revenue to the govt for effective health/ education/ infrastructure/ security/ social works.

(06) Cheaper and easy loans from banks, interest rate will down.

(07) Tendency of society will changes from scarcity to quantity.

(08) Spare money for political system for clean politics,

(09) Prices of / property will come down,

(10) No need to export beef to cover up trade deficit

t11) Sufficient fund for research and development.

(12) Society will be free from “Bad elements”.

A very nice n simple compilation with logical impact.
Worth sharing!!

@magudi@gurudutt@ranjeet @Echo_419 @levina@Star Wars

how is this.........is it possible really......... i am just surprised .......

This concept was written two years before he proposed it. check outhttp://neweconomicorder.blogspot.com/p/fair-and-reasonable-taxation-according.html

 

[JanjaWeed]

https://twitter.com/x/status/797845178149019649

 

[kadamba-warrior]

Is this DeMonitization going to impact BJP's prospects in UP and Punjab negatively?
Enough noise is being made by the political parties to discredit the government by claiming shoddy implementation.

In my view, this can be bad to the government if
1) The availability of money is not improved quickly (few more days)
2) If the money received back is not higher than the 2-3lakh crores claimed by Modi
3) If the next steps don't include going after people who hid their black money in real estate and other asset classes.

All in all a gutsy move, but tough to pull off.

BJP has shot itself in the foot by not communicating with the people effectively.

Look at GVL Narasimha, the "spokesperson in chief" for Demonetization, the whole world over! The guy is a fcuking clown. Not only is he making a fool of Modi by not communicating properly on all major media but also making provocative statements like "for the first time, honest people are enjoying the plight of people standing in queue"! Who in BJP, fields such clowns?? Doesn't BJP have anybody else to narrate their side of the story?

Kejriwal and his coterie has been allowed to make outlandish accusations and nobody in BJP hasn even bothered to counter him and his like.

 

[indiatester]

BJP has shot itself in the foot by not communicating with the people effectively.

Look at GVL Narasimha, the "spokesperson in chief" for Demonetization, the whole world over! The guy is a fcuking clown. Not only is he making a fool of Modi by not communicating properly on all major media but also making provocative statements like "for the first time, honest people are enjoying the plight of people standing in queue"! Who in BJP, fields such clowns?? Doesn't BJP have anybody else to narrate their side of the story?

Kejriwal and his coterie has been allowed to make outlandish accusations and nobody in BJP hasn even bothered to counter him and his like.

BJP for sure needs far better PR managers.

 

[Soumitra]

BJP for sure needs far better PR managers.

Where is Meenakshi Lekhi?

 

[Star Wars]

https://twitter.com/x/status/798153060686012417

Holy crap

https://twitter.com/x/status/798125866089725952