Yes taxing expenditure rather than income is one of ways we can reduce accumulation of black money. Just 2 % of tax for every expenditure by a citizen will completely eliminate black money. PC is having a great time with enormous income to the exchequer due to service tax on telecommunication. Almost every man has a cell phone and he pays a lot of money to the central Govt without realizing that he is paying !! so in this modern IT age we can ensure that every time money changes hands 2 to 3 % SHOULD reach the Govt. Gazana . We can then abolish Sales tax , then those who inspect compliance of sale tax who are all ( almost 100% of them are corrupt and loaded with black money ), . All we need is to have the mechanism to compulsorily ensure recording of all expenditure with proper mechanism to immediately transfer the expenditure tax to the Govt as is happening in telephones /cell phone etc .including the local grocery shop and even the fruit dealer on carts !! Cash transactions on real estate deals should be abolished.
We need not have 500 Rs and 1000Rs notes at all . they should be withdrawn immediately .
But I am dreaming !! No political party , except perhaps AAP will agree !! Without Black money the cadres of all political parties will be starving and Tasmac sale will be just 10 % of to day !! We need a revolution . . God should help . Seshadri
From: baldevinder_cheema@hotmail.com [mailto:baldevinder_cheema@hotmail.com] On Behalf Of BALDEVINDER CHEEMA
Sent: Saturday, January 11, 2014 8:40 PM
To: indiaresists@lists.riseup.net
Subject: RE: [IAC#RG] Aam aadmi party's helpline to help whom ?
It is better to introduce Expenditure Tax, instead of Income Tax. It is easy to monitor the expenditure, and only right to tax it, instesd of taxing incomes. Abolition of income tax, would remove the urge of most people to go for parking their funds in any black money. Moreover, maintainance of large staffs of income tax department can well be reduced drastically. It is time to recognize the fact that citizens who save money, and place the same at the disposal of the Nation, render a useful national service. They need to be rewarded, by protecting their savings, that are currently being watered down by inflation. The prevailing inflationary climate rewards the Borrowers. They are able to pay back watered down principal amounts of loans, and are often real gainers, even after paying interest. To be fair, the Savings as well as Loans, should first be indexed to published inflation rates, interests rates applied thereon.
2. Use of black money can be drasstically reduced by banning all CASH trasactions, beyond a certain limit, in most of day to day business. It should be completely banned in all propery dealings. There should then be little or no need of high denomination currency, that is handy for all illegal and black money dealings.
3. Creation of wealth should be considered a national service. Big tax payers should be respected and publically honoured, so as to encourage every one to add to national wealth.
From: manavasi.seshadri@gmail.com
To: indiaresists@lists.riseup.net
CC: letters@thehindu.co.in; speakoutedit@timesgroup.com; trjawahar@gmail.com; balakumarkb@gmail.com; prasaduma@gmail.com
Date: Sat, 11 Jan 2014 12:40:38 +0530
Subject: RE: [IAC#RG] Aam aadmi party's helpline to help whom ?
While what has been suggested is laudable, the point is, that is for the first time a political party is attempting to deal with rampant corruption ALL OVER INDIA. We read in the news papers almost daily that an RTO was trapped, Money unaccounted confiscated at the offices of Sub Registrars dealing with registration of real estate changing hands and so on.. This a daily occurrence .
Has any of us bothered to find out “ What happened Next “ We can effectively control corruption very quickly and with ease if we insist on quick follow up action which should be transparent. Almost all such cases are pending in courts the culprit , in the mean time is back in his job after getting bail !! And he continues getting the bribe !! The vigilance guys and the prosecutor also are loaded with black money !! One of my very good friends tells me that this practice of taking MAMOOLS has been there from time immemorial!! A village officer who is a custodian of land records and who used to be paid around 15 Rs a month, ( during the Br. Raj ) and this post is normally held in the family used to be allowed to take BAKSHIS for his prompt help of giving the info, copies of document and even advice regarding the transaction and so on. This was acceptable to all. I have personal experience of this in my village. But after we got our own people ( As against the British )ruling us as expected all record keepers were given permanent jobs with PF and parity in pay, perks and allowances , but continued to demand BAKSHIS depending upon the value of the real estate ! I am told that the Sub Registrars demand a percentage of the real estate deal . If a deal is around 10 crores as per official record ( the actual deal including Black money could be any where near almost 20 crores!! ) the bribe money could be anywhere near 10 Lakhs all in currency notes in high denomination. This expenditure is included by the lawyer assisting the transaction under the head “under table Money “ and accepted as a matter of course. So all these bribe takers are loaded with black money , become rather rich and their bulk of the income kept in black or as is happening today goes back to our Govt, via TASMAC !!!
One very well informed friend of mine told me that all these vigilance guys as well the police assisting them to trap bribe takers also become rich as they , after some time negotiate with the accused for dropping cases !!! So the issue is very complex. Needs very careful examination for changing. AAP cannot overnight claim to eliminate this kind of activities without the help of CENTRAL GOVT. The menace of black money is the main cause for INFLATION and CORRUPTION. If an official is loaded with lots of black ,money he would not hesitate to pay even double or treble the prevailing rate for any essential commodity, and if a vendor gets such a price even from one man he will try and push up the price .
There is no point in asking people to call the help line and plan a sting operation. Sting operation will have to go through legal process . The first day AAP got 4000 calls . How can any Govt. handle such a situation ? This is certainly not the ideal way . Khejriwal needs to learn quickly. Even though as on date he is the CM of Delhi, he should continue to be an ACTIVIST and insist on eliminating the black money at every stage at all levels. Cash transactions should be completely eliminated. As a start withdraw all 500 and 1000 Rs. Notes with our private citizens and give them a receipt. If the source is not satisfactorily explained well he will not only lose the money but is also liable to prosecuted. Such cases should be dealt with most promptly and with great speed. Special courts ( even mobile on the roads ) should be formed. All these cases should be tried in the open just the way we in the Army holds Summary trials.
The poor common man is not likely to be affected one bit if high denomination notes are withdrawn . ( FOR EVER )
All those who sell goods even on push carts should be trained handle checks and cards. If we can give a machine to the bus conductors why not to these vendors. With Adhar cards getting popular cash handling should be brought down to minimum .
We will see our money value going up to Rs 4 a dollar !!!
I would request those who receive this long mail reach it to Khejriwal, Anna, Chidamabaram , Modi and Rahul. I am 87 , cannot handle face book etc!!Thanks Seshadri
To
India Against corruption
Aam aadmi party’s helpline to help whom ?
Aam aadmi party’s move to open anti corruption helpline and its claim that 4000 calls in 7 hours have been received , may not help in curbing corruption effectively but will certainly help aam aadmi party in getting media
From: indiaresists-request@lists.riseup.net [mailto:indiaresists-request@lists.riseup.net] On Behalf Of Venkatraman Ns
Sent: Friday, January 10, 2014 8:28 PM
To: indiaresists@lists.riseup.net
Subject: [IAC#RG] Aam aadmi party’s helpline to help whom ?
To
India Against corruption
Aam aadmi party’s helpline to help whom ?
Aam aadmi party’s move to open anti corruption helpline and its claim that 4000 calls in 7 hours have been received , may not help in curbing corruption effectively but will certainly help aam aadmi party in getting media glare, which it seems to want desperately.
This AAP’s helpline is nothing new , as vigilance departments are functioning in all government departments and public sector undertakings already and they are meant to receive complaints of corruption, investigate them and take action if the complaints are justified. People are entitled to send complaints to the vigilance department already and several NGOs already publicise the corruption dealings in newspapers and journals and in social media. What is it that AAP’s helpline will achieve more than these existing arrangement ?
AAP receiving 4000 calls in seven hours is not a big achievement but solving the corruption issues received through these calls will be an achievement. These 4000 calls may become 40000 calls in one week and 4 lakh calls in one month. Is AAP government capable of handling these calls and catching the corrupt people in reasonable time ? The fact is that there are already many corruption allegations with the vigilance departments remaining unsolved. Why not AAP government look into these first ?
When complaints are received in AAP’s helpline, it has to investigate only through the existing vigilance departments. What is needed is to strengthen these vigilance departments and make them more active and honest which can be done by efficient and honest ministers over a period of time.
By making tall claims about AAP’s helpline, the inexperienced leaders of AAP are giving an impression as if they are going to solve the corruption issue over night. This would not only be a misleading claim but would cause huge disappointment amongst people who take AAP’s claim at face value.
N.S.Venkataraman
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