All the money transactions in the country will be rooted through Banks only i.e. through card or Che ques, which synchronize the back money, in some way. At least cash transactions will be under control. It is necessary to give some serious thought on the issue, which will help to create Arthakranti in some way. more
Employees of any organisation to be waived from returns filing. Employee to calculate own tax calculation & employer to debit from salary & credit to govt. Servant / maid / driver etc working for employee can also pay tax to employee & employee in turn pay to employer in turn to tax department. VAT type. All deductions required to be scrapped. Higher slabs to be increased with higher proportion. All Tax payers directly or indirectly to get certain benefit. Benefit to be in increasing order. Discontinuation would be punished heavily. Severance of employment would be waived. more
Demonetizing Rs.1000 and Rs.500 currency will definitely reduce corruption as it would become difficult for the bribe receivers to carry the amounts. An overnight declaration would be fantastic. However, genuine cases require some reprieve through administrative measures. more
If India abolishes taxes: (1) People would get money in hand to buy critical things like Air Purifiers (2) More foreign businesses would come. And, make India their base (this wil...
After Aadhaar, now it is ANOTHER 12-digit unique ID for school kids called APAAR ID which the Education Ministry has launched! Parents are being asked to give “consent” so that their ch...
The Indian rupee has lost approximately 42% of its value since 2014. In ten years, the value of your ₹100 has become roughly ₹58. ⚠️ - Are you analysing what's going on with your sa...
INR continues to fall because: there is less demand of INR in the international market (in context of USD/AED). you need to know this fact:- Every time INR depreciates by 4%...
Exchange Rate of INR(₹) Against USD($) • November 2004 - ₹45.03 • November 2014 - ₹61.01 • November 2024 - ₹84.07 Value of ₹1 Crore is Not The Same An...
Some weeks back this circle was discussing China And doing polls on much Chinese Indians were buying China will eat India's manufacturing business in a blip and we won't be able to do a ...
Foreign Tourists in 10 Months of 2024. Thailand: 29.08 Million Vietnam: 14.1 Million India: 4.7 Million (till July) This is one of the major sector for employment a...
[1] INR all time low, no problem [2] Taxes all time high, no problem [3] Corporate Haircuts running in 1000s of crores, no problem [4] PF money getting stuck, no problem [5] ...
By Ruchika L Maheshwari
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