Frauds/Corruption in large and sprivate companies
So seems like Ola HR and Admin head had been taking millions of dollars of bribes from vendors who used to supply drivers. this practice is common in many many large companies. in many companies the cut goes to the promoters also.
Government should bring in law that must also cover corruption in private companies only then corruption will reduce. supplier selection, procurement, hr and accounts are top areas. many sme promoters keep a relative incharge of these functions so they can get kick backs. more
Government should bring in law that must also cover corruption in private companies only then corruption will reduce. supplier selection, procurement, hr and accounts are top areas. many sme promoters keep a relative incharge of these functions so they can get kick backs. more
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temporarily report it to acb.in the long run let us try for service guarantee act......p c k sharma more
Mar 03
This is possible only if 1] Aadhaar Card linked to all 2] Cash Sales restricted to Rs.2,000/- promoting Debit, Credit and other Cards, Drafts, Postal Orders 3] GST Returns made compulsory as it is originally Set 4] Wealth Tax re imposed covering all sorts of Properties 5] Offences and Crimes of Funds , Finances, Savings, Investments are set for appropriately Fit Punishments and Recovery from all concerned 6] Amendments and Regulations are made on Political ; Legislative ; Media ; judiciary IN INDIA . more
Feb 21
The private companies will handle their affairs; if they cannot they will suffer and close. It is no business of a Democratic Government to interfere in the private commercial affairs, the longer the distance keeps from business the better it is for the growth of Industry and Economy. more
Feb 16
I agree with you Dr. Deepak Joshi. Private companies should handle their affairs themselves. Government hands are already full with all the corruption, scams and frauds that are going on in Govt. offices, Public sector banks etc., more
Mar 06
awareness of existing rules and compliance of audit policy, vigilance policy among people with transparency is the solution for reducing such frauds more
Feb 18
Though the issues is real, I completely agree with this reply. more
Feb 16
The govt requires Tax , this could be collected by way of transaction tax. All currency notes above Rs.20/- to go out, all transactions only by way of plastic cards , internet banking , or any other form of digital system only, hundreds are available today. For every transaction , a tax will be debited automatically by the system at the time of the transaction itself ( like TDS).The govt gets its revenue. The govt does not spend on monitoring business and tax collection expenses , AND out goes all discretion of the person on the spot,complicated rules/laws , no intrusion , no chance of corruption, millions of court cases will not appear, only benefits for every one. The recording and submission of accounts/income for individuals/groups/firms and organisations to be submitted to the Govt , for the purpose of ensuring there are no illegalities with reference to the laws of the land. Everything records/financial statement remains as it is, except there is no hard cash to corrupt.This goes well with the slogan from PM, LESS GOVERNMENT . more
Feb 16
