NARAD MUNI UPDATE MY SALUTE TO NATION - HAPPY REPUBLIC DAY DEAR FRIENDS AND CITIZEN AS I PROMISED IN THE MORNING HERE I AM ---> INDIA IS LOOSING BILLIONS OF DOLLAR BECAUSE OF SLEEPING FINANCE MINISTRY AND INCOME TAX OR ENFORCEMENT DEPARTMENT AND SO ON - HOW ?? KINDLY REMEMBER NEITHER I AM AN ECONOMIST NOR ANY KIND OF LEADER OF GOVERNMENT OR TYCOON ! BUT AS COMMON MAN AND MY NURTURE OF LIFE GIVE ME LITTLE UNDERSTANDING ABOUT GOVERNMENT WORKING AND REAL REASON OF ITS FAILURE . BIGGEST REASON WE ARE VISION LESS NATION ESPECIALLY WORKING OF GOVERNMENT DEPARTMENT WHO IS THE BIGGEST ENEMY OF OUR NATIONAL PROSPERITY AND WHAT IS THAT WHICH IS BIGGEST HURDLE OF NATIONAL INCOME AGAIN VISION LESS AND DIRECTION LESS WORKING WE ARE INVOLVED ONLY IN REPETITIVE TYPE OF WORKING AND DO NOT PROMOTE ANY KIND OF CREATIVITY IN THE WORKING SYSTEM BUT NOW TECHNOLOGY HAS INCREASED THE HOPE FOR INDIA TO CHECK THE CORRUPT AND SLOW SYSTEM . INCOME TAX DEPARTMENT OR ECONOMIC CRIME WING OR ALL DEPARTMENT OF MINISTRY OF FINANCE ARE BIGGEST REASON OF INDIA FAILURE NOT BECAUSE THEY ARE INVOLVED IN CORRUPT PRACTICES OR DO NOT HAVE HONEST OFFICERS BUT DO NOT LOOKING AT LARGE PICTURE . HOW ?? ECONOMIC CONSEQUENCES OF UN ORGANIZED SECTOR KINDLY SEE THE LARGER PICTURE AND LOSS OF INCOME FOR INDIA SMALLEST BUSINESS VEGETABLE SELLER or ON ROAD SMALL SHOPS IN INDIA NOT EVEN 10 % ARE PAYING TAXES AND WORST MAKING MINIMUM Rs. 1500 PER DAY and that is around 50000 p.m. and 6 lakh yearly and do not pay any taxes and still promoting slums living and are not giving good education or good life to their family members. this income is more than the income of government gazetted officers and suppose we have around 100000000 (10 crores or around 10 millions are involved in this business and now multiply this number with their income of minimum and this is something mind enlightening figure of billions of dollars which is not taxed in India. Worst is all these people are mostly living in slums in India and are burden of tax payers income on the name of welfare programmes . I am not blaming them why anyone will pay when tax authorities are not doing anything about this. This income is subject to black money generation in India such as police or local bodies take money to allow them to run business and also income tax department take money under the table from them and this is the reason of their sleeping. PARTLY ORGANIZED SECTOR MEDIUM LEVEL BUSINESS Now let us talk about small business houses and broker who are involved in businesses and making millions but not paying proper taxes and also sales taxes and if we have normal idea this is around trillion of dollars and giving tax on small income and maximum income is being managed by tax authorities and goes into the pocket of government employees or officers and they are also paying to criminal elements and local leaders and that is also the reason they are not scared of anyone. This is something we Indian are loosing BIG PIE OF NATIONAL INCOME. Such business includes coaching institutes, local factories, diary farming and local contractor , distributor of all FMCG, income from renting property, property dealers and all other dealer of anything in the nation. VERY WELL ORGANIZED SECTOR UPPER LEVEL BUSINESS INDIA IS HEAVEN FOR CRIME WORLD INCLUDING TERRORIST GROUPS AND WORLD MAFIA AND ENEMY NATION EITHER TO DESTROY THE ECONOMY OF THE NATION OR TO EARN MONEY BY CORRUPTING SYSTEM BUT IN EITHER CASE WE INDIAN ARE SUFFERING AND OUR NATION IS LOOSING THE HUGE PIE OF OUR WEALTH. BIG FARMER THOSE WHO ARE RICHER THAN ANY OFFICER OF THE GOVERNMENT OR EVEN RICHER THAN OUR SOME BUSINESSMAN AND ARE NOT PAYING EVEN SINGLE PENNY OF INCOME TAX AS POLITICIANS AND SENIOR BUREAUCRATS ARE IN THIS CATEGORY TOO; IN THIS CATEGORY 2G OR 3G OR COALGATE OR BANKING SECTOR OR BIG BUSINESS HOUSES COME AS THEY ARE BEING FORCED TO GIVE PREFERENTIAL ALLOTMENT OF STOCK OF THE COMPANY OR CASH DONATION TO POLITICAL PARTIES AND CRIMINAL WORLD TAKE HUGE AMOUNT OF MONEY AND THAT IS WHERE WE ARE LOOSING ALSO ANOTHER BIG PIE OF NATIONAL INCOME. IF WE SEE THOROUGHLY THE THREE DIFFERENT SECTOR OF OUR ECONOMY WE SEE THAT EVERYWHERE CORRUPT PRACTICES ARE INVOLVED AND EVERY SECTOR HAS DIFFERENT TYPE OF PEOPLE BUT ONLY ONE DEPARTMENT WHICH IS FINANCE OR INCOME TAX OR ENFORCEMENT DIRECTORATE OR MINISTRY OF FINANCE IN NORTH BLOCK AND SO ON IF NOT ALL BUT DEFINITELY WELL PLANNED CHAIN OF CORRUPT OFFICERS ARE SQUEEZING THE BLOOD OF INDIAN CITIZEN AND INDIAN ECONOMY . THE CORRUPT SYSTEM IS NOT ALLOWING TO REFORM THE TAX SYSTEM OF THE NATION AND ALSO NOT INTERESTED IN ANY KIND OF RETAIL REVOLUTION OR FDI AS FOREIGN FIRMS WILL BE WORKING WITH CONSULTING FIRMS OF FINANCE FIRMS AND WILL BE TRANSPARENT AND EMPOWERED AND WILL CREATE JOBS FOR NATIONAL ECONOMY AND FOR INDIAN CITIZEN BUT FROM WHERE CORRUPT INCOME WILL BE GENERATED. I AM GIVING VERY SMALL PICTURE OF WORKING OF INCOME TAX AUTHORITIES AND IF YOU IMAGINE WE ARE LOOSING ONE INDIA EVERY YEAR WHERE THE QUESTION STAND FOR INDIAN ECONOMY OR WEALTH OF INDIA - WE ARE EVEN TODAY IS GOLDEN BIRD AND DO NOT BE WORRY EXCEPT TO REFORM OUR SYSTEM FOR TRANSPARENT AND EMPOWERED WORKING !! ACCOUNTABILITY HAS TO BE FIXED AND LET ME TELL YOU SURELY CORRUPT ARE VERY WELL ORGANIZED AND WELL CONNECTED LIKE CRIMINAL WORLD BUT HONEST AND MORE IN NUMBER BUT NOR VERY WELL ORGANIZED AND THAT IS THEIR STRENGTH AND OUR WEAKNESS. TECHNOLOGY AND REFORM IN WORKING CAN CHANGE THIS SCENARIO AND RETAIL FDI REVOLUTION CAN CREATE WONDER FOR ALL INDIAN CITIZEN AND INDIAN ECONOMY. LET ME GIVE U REAL LIVING REALITY OF THESE DEPARTMENTS ----> PEON AND CLERK IN THIS DEPARTMENT ARE MILLIONAIRES ; INSPECTOR AND DY. COMMISSIONER ARE MULTI - MILLIONAIRES ; ABOVE THAT BEYOND THE IMAGINATION OF INDIAN MIND THINKING; ALL FARM HOUSE IN DELHI AND FIVE STAR HOTEL AND ALL STATE HOUSE LIKE ANDHRA BHAWAN OR UP BHAWAN AND SO ON EXPERIENCE THEIR NAKED DANCE OF CORRUPTION AND WINE AND WOMEN EVERY NIGHT; INDIA IS ONE OF THE MOST IRRITATING TAX NATION OF THE WORLD FROM TAX AUTHORITIES POINT OF VIEW; INDIA IS CONSIDERED HEAVEN FOR CORRUPT INCOME; LAND MAFIA AND DRUG MAFIA ARE DANCING ON THE CHEST OF INDIA; SOME OTHER REASONS TAX RAID ARE SHOWING IN YEAR ONE BILLION DOLLAR SUPPOSE BUT IN REALITY CATCH TEN TIME MORE AND REST DISTRIBUTE AMONG THEMSELVES; OFFICERS AND CORRUPT IN THIS DEPARTMENT ARE WORKING LIKE AUTOCRATS AND EVEN SOME TIME LIKE CRIMINALS AND DEMAND MONEY LIKE CRIMINALS AND TERRORIST GROUPS FROM BUSINESS MAN AND CORRUPT RICH SECTION; OFFICERS ARE COMPROMISING DUTY AND DEAL WITH MONEY AND LOSS TO NATION; NOT EVEN ONE BUSINESS MAN IN INDIA ESPECIALLY MID LEVEL BUSINESS MAN AND SMALL SCALE BUSINESS MAN IS PAYING HONESTLY TAX TO THE GOVERNMENT AND THE BIGGEST REASON ARE ----> OUR TAX SYSTEM IS LIKE SQUEEZING THE BLOOD OF SAME TAX PAYERS TO GENERATE MONEY AND NARROWING IT; INDIA NEED TO COME OUT WITH THE SYSTEM WHERE WE NEED TO WIDE THE AREA OF TAX PAYERS LIKE RICH FARMERS AND ALL BUSINESS MAN EVEN IF HE IS SELLING ON ROAD AS HE IS MAKING ENOUGH MONEY AND THAT IS NOT POSSIBLE FROM POLITICAL DECISION POINT OF VIEW THEREFORE BEST DECISION IS NOTHING EXCEPT RETAIL FDI REVOLUTION WHERE WE WILL HAVE MILLIONS JOBS FOR ALL INDIAN ALL TAXABLE AND EVERY SINGLE ITEM WILL BE SOLD WITH TAX AND THAT IS GOLDEN OPPORTUNITY FOR INDIA AND INDIAN AND ALSO TO CHECK THE CORRUPT PRACTICES OF GOVERNMENT OFFICIALS AND TECHNOLOGY CAN PLAY WONDERFUL ROLE AND BIG CHAIN LIKE WALMART OR TARGET OR TESCO OR ANYONE CAN DO WONDER FOR OUR ECONOMY !! END OF THE DAY WE ALL WILL BE WINNER AND THIS IS SOMETHING WE CAN CHECK BY MAKING SYSTEM SMART AND EFFECTIVE AND TRANSPARENT AND ACCOUNTABLE !! FINALLY NEVER FORGET THAT RBI GOT THE INVENTORY OF 1.5 LAKHS BILL AND PHYSICAL INVENTORY WAS 2.0 LAKHS IS ALSO SUBJECT TO CAG INVESTIGATION ! TRUE OR FALSE ONLY EITHER FACE BOOK KNOWS OR NEWSPAPER . REST ABOVE MENTIONED IS TRUE PICTURE OF INDIAN INCOME TAX WORKING AND ALL CITIZEN OF INDIA AND BUSINESS CLASS OR EVEN MEDIA KNOWS ABOUT IT AND TIME HAS COME FOR INDIA TO REACH AND TOUCH ITS PLACE IN THE WORLD BY PROVING EFFECTIVE AND TRANSPARENT TO THE WORLD SO THAT FDI FEEL SECURE AND CONFIDENT TO INVEST IN INDIA - SIMPLE REASON CAN ANYONE GIVE US MONEY IF DO NOT TRUST US THIS IS THE SMALLEST EXAMPLE NOW IMAGING THE SAME LOGIC FOR BILLIONS OF DOLLAR INVESTMENT IN OUR COUNTRY !! WE INDIAN HAS TO TAKE THE CHARGE OF OUR NATION AND TO BUILT THE CONFIDENCE OF ALL INVESTOR AROUND THE WORLD THAT WE ARE TRUSTWORTHY PEOPLE AND SOCIETY AND NATION AND YOUR INVESTMENT AND LEADERS ARE SAFE AND SOUND IN INDIA ! WE LOVE U ALL !! GOD BLESS INDIA AND INDIAN !!! THIS IS MY SALUTE TO NATION - HAPPY REPUBLIC DAY !! GOD BLESS YOU ALL AROUND THE WORLD AND ALL INDIAN !!!! LOVE YOU ALL !! WITH THE INTENTION TO REFORM NATION FOR BETTERMENT ! CHOICE IS YOURS EITHER YOU LIKE ME OR HATE ME BUT CAN NOT AVOID ME!!
Posted on: Sat, 25 Jan 2014 13:33:36 +0000