Minimizing Wilful Defaults - Solution Inputs
banks should be start daily bases avrg. collection of loan + capital as daily transaction setup with corporate and govt. IT or tax collection should be table of payment as daily base can resolve the issue of NPA and also systematical framework for regulatory also. more
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Let us hope the best Reformatory Regulations from this Budget that shall pave path for fulfillment of BJP Manifesto that was aimed to Transforming India towards 'Socialistic Economic Democracy' as aspired by Dr. Ambedkar and the members shared in the Constituent Assembly in framing the Directives of our Constitution. more
Jul 05
Budget best covered the Manifesto. Funds generation too reachable. 5 years Study, evaluation resulted in success more
Jul 06
1. Banks and Financial Institutions shall be mandated to notify Half-yearly status of Loans while analyzing Quarterly, the conduct of Accounts. 2. IT and GST shall have Monthly Tabulation cautioning Quarterly and initiate penal proceedings Half-yearly. 3. Minimum Transaction Tax/Fee is injurious to Indian public who score about 65% being the Common and Poor in Finance and Livelihood Status. 4. Registration and Stamp Duty shall continue as long as mandates on Concentration of Wealth under Article 39, Removal of Economic inequalities under Article 38. 5. THE PRESENT SYSTEMS OF IT , GST are wise BUT, WEALTH TAX SHALL BE RE-IMPOSED CATEGORIZING A ; B ; C fixing Slabs as per Area wise Cost of Living Index PLEASE. more
Jun 21
now single framework pending just put minimum transaction tax on both side fifty fifty tax for payer and receiver( withdrawl or deposit) in pancard or gstn. its works. and you can limit on black money. remove all registration charges as well as stamp duties and whatever on nongovt or govt gazzets. so letigation should be solved. it should be minimum balance as deposit, saving, current etc. and tax in between rr, crr for every accounts. more
Jun 21
Nothing can be made a work performed in daily basis. A normal employee who pay tax will start only from the month of January. There are many categories, where business man pay tax in a very different form. Depending on this a strategy can be formed so as to stabilize this. It was told in the PM's speech that RBI has taken steps to make the companies repay the loan, if so either PM or RBI head, will report to the public every month about the percentage of loan repaid by the companies along with the Mallya's contribution??? more
Apr 01
