GST - NOT A GOOD & SIMPLE TAX

The whole GST is a half-baked concept. If you are media savvy, you will know that most of the taxes what we pay goes towards paying the huge battalion of Government servants in Centre, States & Local bodies and in all sorts of places whose output is to harass the citizens. The pathetic condition of the Government Depts can be understood only when you visit them. Normally, you cannot get access to any Dept. without facing some touts or glorified consultants. Go to Motor Vehicles Dept of any state and try to get anything done. Unless you pass through these channels you will have a tough time to get anything done.

And regarding Income Tax Dept, the amount collected by Govt. from Individuals & Companies do not add up to the cost of maintaining the Dept. Their sole purpose is to finger salaried class & people who oppose the vested interests in positions of power. The tax evaders grease off the palms of decision makers regularly and keep the chain of black money going.

The Government has produced after about 17 years of deliberation a GST system which is an absolute nuisance and nobody will know what is happening. It has replaced an already existing cumbersome system with another one equally complicated and it is not a "GOOD & SIMPLE TAX" as being highlighted. The Government in its enthusiasm of doing some spectacular photo-finish reforms has totally forgotten the simple logic that if any system is simple it will work & the chances of failure will be more if it is complicated. Like any other thing, Indian psyche is to copy & not to innovate. I present below a simple system which will be a real path-breaking reform and will benefit everybody except the vested interests i.e the political class & bureaucracy who wants to have a complicated system so that nobody can understand what is happening and keep everybody confused, so that they can milk the masses all the way to the bank. Recent glorious sample is DEMONETIZATION. Even after 6 months of the hyped event nobody knows what the outcome of the whole exercise is except that BJP has swept the important state assembly elections.

Now, my suggestions are briefly given below. Full idea is available on request.

1. The Government will fully come out from all commercial activities including Railways, Healthcare & Education. All present public sector / Govt establishments are to be privatized with Government holding 49% of ownership.

2. Income Tax for Individuals & also companies to be totally abolished. So it will reduce conspicuous consumption & all savings will go to Bank and used for development.

3. Only source of tax to the Government will be a Transaction Tax which will be levied only for Goods & services sold to the final individual consumers. In any consumable goods & services category, there will be only two slabs one lower one for mass consumption & other one Luxury which will be much higher.

4. Goods will be only in 3 categories: ready consumable, ready consumable / intermediary and Intermediary. No tax for Intermediary use, Transaction tax only for ready consumables
used by Individuals.

5. No Transaction tax for Capital goods used for production/business. Example: Commercial vehicles used for Goods/public transportation.

6. Movement of goods & services will be seamless throughout India as there will be no tax barriers and no question of producing or consuming states. All expenses of the Central, State & Local bodies will be distributed from the collection of Transaction tax from the whole country. There will be substantial reduction of no. of employees in the Govt. & will result in huge saving in public expenditure.

7. All commercial enterprises have to enter in a Govt. maintained centralised system day-to-day activities of the business and the data thus collected will be used for planning by Govt. & private sector for efficiency.

8. The concept starts from the fact that ultimately all activities carried out by Individuals are transformed into Goods & Services to be consumed by the Individuals only.

So, is it simple enough or not? Whole detailed concept is available on request. more  

View all 18 comments Below 18 comments
[ ]( # ) [ ]( # )   [ ]( http://r.sigma-institute.website/mk/cl/f/6yDmAeLlhPPGqeyJ20NfbmY96WLpqp9o5zG1xawBisxHo0nZBJbA3x_bj4COHBid6E9hEWfNbXTLSnrQ74JmkE909TQRmWz2LSBgZl1gVdZBTSoe410GDIDxhllZmvj9qi4v4eEiD27K1QifRteT_4xD4Njtf2wQmUIFCgvNA7ShaDuqlK61_2VzMUDI-wd8I2uLy5XG2SzKKml93P3jSdbGh4g9SCKgzxMrNQYKe8aj17kCeaD8u0D0741sN-f3UflEMLQBuj9n2JzMbzbgxLflUf_6bgdoBDj8zjfzGzyEV4saSYX11ajO40GqGHw0ZRnuOcfNPIVI9B_jvDlSA36l1eMZqX5rXGeRHYxS5MDYw_IgSQ )   [ ]( # ) COMPUTER FOR ONLINE CLASSES [ ]( # ) [ ]( http://r.sigma-institute.website/mk/cl/f/mXh7Hycz2BHhSAy1qW5j_a66lqx-2muEabGzt2pRO5mZnxIPK_xJPy0IbGLx2zB9LtLcWqQJT0kL8wywFjrA2RIbVOgaHyQ-dMhRyuSGFHwl0pGHAcuINtaEBnn2Sw_HE6ETZ9PExj0ipUXy4AScZAeNRCUcKdl15lLSrRXvWL6gcwCdtvAsThFYF_0dqucaUPNQmvpSIvv9TNXANxqYBFGFvmGPpfPykWFLJACWb2NJJZQIHWUmRX7gb90gck7awRNySwuj_fXz144_v5xY_FXIiBNAZRhw8KghJCisnFVCA5Xv2nhSoU_B6qcxHQ5DCCP9Xe-EWBxaeK5QOBVmtTeex2XAcAbZhAr9HgP6HralfHGcuQ ) [ ]( # )   For online classes we are providing a complete set of computer with UPS in following specifications: Monitor 15"; Camera & headphone CPU: 160 GB HDD, 2 GB RAM, Core 2 duo Keyboard, mouse UPS ( Electronic voltage stabilizer ) This complete set we offer pan India for Rs. 21000/- ( All inclusive ) One extra 160 GB Hard disk will be supplied free of cost within 5 years, if present becomes in sufficient. All carry "M.I.'s" 1 year warranty.       [ ]( # ) [ ]( http://r.sigma-institute.website/mk/cl/f/wWPy9C20umW_KZTtJkcij8I4KqGsKfordrYDrd0IgZYHuBpJXfTVizGb8K3pW-PVNz__3vQfGy0_EzmGtZ9UgsS41IwPsZFRxTDjP_R9bKuoSsRvmmCmwj_fUafe2cHbihAN4IymZAVNkOGvWC5T9abS0S_wbhQ1r97X6JsyqVokW4hW0WLk9VQBZdolRmjdwEStiSbnnr8tAcUWPiosubdApC0RBS8nBdVrVuaFHPhZvVJV2aeQ4ERDRtVJ-6ioczJDugq30l8BDg7iD7YY7hA0_Y9UwDj2pf7RIY-L_32UYCl3iWgXNIQWloZgXdlaLHswn65y6A9z8kfJcLyZ2pJ7zgYmYhlKSauzVUv2ouie8_NxtQ ) We understand the hardships...   Hardships of the parents, hardships of teachers, hardships of every such individual who is now compelled to work from home; be it student or the the professional now computer set is must. we decided to help all such people by providing the complete set including UPS to save your machine for longer life. In comparison to laptops desktop is robust & long  lasting and also cheap & best ! For getting this deal, please click the button below:   [ Button ]( http://r.sigma-institute.website/mk/cl/f/ZFA38umSJ0x9Ib643Ik79bZyDs5tgv8JigHbrnmhbcN2Oq43rEm-nS9sgGZZpmde5mnBbozYZqlqX6PNUJsuFjnfGczUhPD1zGsvzj8ALB1pSIO2_fssvgfMpCRY3DOptL2rDQEjofs7u9xz4t5WPIhxduV4e54b9pYhYHJkzvIP7U-RZCxh4gCUYn7I4RPEnRminF9usf-94ISGqB3iNSpm-UVpaizvmT2KVUsdvyhaKLKPCjaWJ41YezScD6srTOVyMZZBwHQBC0Md6eZcZ7_YqB6_tJ89CyhZU_8xrFVwvLk8iy9Cacvk6OaiNjzEP593gxtNIJZpIb2AIezi1jepU-I-fcGkM6j32lRcKnaPG5PcsA ) [ ]( # ) [ ]( # )   SIGMA INSTITUTE Delhi Cell: 9899075161 [ ]( http://r.sigma-institute.website/mk/cl/f/8yFaEc3gJ3_i27mI7ya2eFigwLN1UPA852UCo2x-jSUce4RSREhGQ7aQRnDK3xR-7vMOiAc4Ql8JQu93Fi7c_nQEwb-Gqnp-t7tH6fC1fQl5H4rTGLGlHeLYMGuk9AMKwC0RkK1nq1A-e8zbPrQp_Li_ChAsoTM9kCQOYayccau_p0dMuUIh1aoj5f19_YkboonPYiwQ22LhRDXCq_hOo6RfMz7tcLb3xXBMGQPf1OmHZznt_mPgXwV6LTlMvdkOg7BRcUC53vETpUBLKAByyAanOC_3GV5Ht08WqvLjnkvfpycSfSBw9tcykdSCMwoZm3_OKX0FVr0xpSwRFcq5zI0SU7GU2g ) [ ]( http://r.sigma-institute.website/mk/cl/f/VK3YBS2nwCBUfYwFvKUIb-2LJNZ06Oqo6OpGTmM2p99n6wrWq6UJ2eh6zpXw3-Y-Hp_yPlrDuFZ8l5Mrx4fRxMicrX-KC4TncXtDR1uemVsPl0NOYf_DX_zl_Q5TLlwPAm-zrsxebtZgaMSROpMU8vsrEHbEIfRQ6nt35ydw5klvfZLS_Kl2zo-t_D1wB6eCgpGOK4sngAgLhawx8sbMa0VdzelVgT7mXt9DguKlvqXu42cqPryRSOxeOsw67lkZLGhmivwXTRZH-ou64emH1IliM7SfBGm7YtkRDwoV_J5asVBvNJ6p8uYzyhAB_9h6xvt9BrFfrVovs14RYiPp2jlisA ) [ ]( http://r.sigma-institute.website/mk/cl/f/uDImwsgFK5P1AOYdKc9F7sjTX4UEtN2iooitkyK_WqHjeYqnBBoLS0pZJ6PuZB_b2DWWJb2Zn9zn2qYd5MQtdNebRzsJtjqfIUg6-cNSwnyMuwMK4lz_hAVGEythXb6VWKvOnhLgsuneDqLcrnH3d9SubierhVi2aYUP_OnBvj4xRzCIk4DI90DppJaOeOqEA8rir46GKL_ZIqmtC3QQDgIXPiMsXRNwmyculKncjvf-JNth67VLPE2XZm3kEDIUy5OiY707RsL2Jx6zPCAxFFYLXTJYZ9hOY0dHJYyXSrpwVmyGIuVbzKJZ37AsAJdqmo_4QV6b0Rvm9mWHnppsC8g ) [ ]( http://r.sigma-institute.website/mk/cl/f/KCdNcex-YJB0O_yl-LZN4EF3THFu2nU9CrzEy87eop7OapOK9HmzIUIq_PLSZOdxMWWWWHPf3AnEYXCj5S4PlTY8hNNdQ6lhiYRjkoS2r2RxnyLd_VUyvaIWPh1akHshEXjxrRrz_Zf6uKNn4FnBYM8YBCXan0qOVtXsMB4hxNs-4nAuom59PEQao6I5IDjDBSLRelEucyAgmAj-SKaSbNnSU7GjEWDReP3TX9kcGK6DfnT_lI7hpR2I9cOoV4Dt1HlJU0z16c91igKmGz_w-CEPDeEUnARdsjS6GrO-2SAZWXELsN82JuFivMJq2ypKFrUjgmmsBvZYABvjLatqwldBCaMiechDf7tYYbM ) [ ]( http://r.sigma-institute.website/mk/cl/f/8Fi1A5gqq6cCLKerWyS9wjTlMK-0etpc3e6y4j1td80TCxWthfzwFP7iouN_4lD5nEczi28dEfVZCpfvntkUUC6EewX-NDZJaHyafhlk9TydgPhBCuPKMPNPyoBZcmbPXSTeL-MyVbT5lHFcJSupEFDRvi6379Myv59JYBI0X1bXPRUGU1lpZr37oMEryc9il0KG5lUN207MokCgwEZkekU6qHmDC1QNxNS8vD7LNq90xVWsQWAyQo0pDKzQ0NhMcy9ObRBTliHrulYwLPazg_HhfCWHAlvRTHPrWBAHVlLmTC2BNcvjxqK6wYndP0G5qeWJuxOcfImZK-fvU_I356Ju6FA8lw ) [ ]( http://r.sigma-institute.website/mk/cl/f/t6IkbSD28gR8qBesoLPmn6EZNgEWa7ZqEUbtAIFS40PvW1PZ4x5fhFMYAPVl2u7kHFW_XsF9BDdEFxpXXGwK4jZYYGV-D2PtBCv6kKLXCPDdJc0vFy4fJavm3XBe9oIoCHjhcp7-Z5GWXr5mphI1xUjLF5TpPzxl2eCJ-7rLxMCDGMeeafZyHo_JXIkCvuh63-uqa9bIKoD_XvMB-kvGZ0KqCNguC7kMZHUx7smldKK3x7l8bYGDSqgdpGmAewzf-swxDKcBqvo2gq4750tyeHuUtZDOlJUm14bSQJkZ_uwO99pCAE98nR3BEq9KQBIB0yC99hW8YoXQmFqv5YqHmGBy1x_fKlwQmGDubJIi8LAR_zDvS9uzS6quY2wQm9UfAlmR6X759nikSxKLss8 ) [ ]( http://r.sigma-institute.website/mk/cl/f/RhOoBIBP1B8lkku-1gWJctQ9ZcZD4vwUqut3TQvdoCHZlB-V_j3fGd26BeGpdjmNg4ZIp3tXUkCYKZKIdBTUyyCrzPMVpw6hZPWZGjtnYpdu0-PKkxaSLhMSmYEHr7-HDbbNd4M3VD14mbfnhZryPXRQPuMykdIA6sgTTTof4qiXM3xUlNDpaM3aG7dRTm1h9GXV-HV8_f8Lnlon55yWE2L1CgeuBfHTeKwNGQQ2orv0mMphe1Mn0ufgeu5VmtMfH_I-XvvzMtprG17TjcCjRI3HWjJnmZRpdHElHVNJTiFJpGDLlbV59C6WCHKI5U5-RzxvqqKLEorjU4dPOWBN0TflhSyFWxUDo_s_UOkK ) [ ]( http://r.sigma-institute.website/mk/cl/f/w3fshrHI8bpkRtTBchBUuhRHbHrgWGeW_eYosNYZugHLEitCOdNxdHpmRYMvUgOkr1x5gWqBe5qHToMiBN-OmMEavcRUMHKvr7Gax1gBP0ssOB7i2F07n_oxOl9AOFw4KVlxgJnO6Oj94PL-Ys5sTH0cgaD8kNWoak2PCNK7BlQ1XBfNysZrVePz60FzYDlO_bOBDCIbztCBU_tiKylLIl6gAce6N5nfiqJ32-49BhUY4HvW5w7VKzqf04QJdVtJB7jujQuzlpz0qrOALr_ftz4CredvIjt_gA-v_48cdf8pxVLZZSWDaqe1f7j1XSzi-1RmUMKXd-FspgMqRy534CXnzYxD4q6jeqv_ )   [ ]( # )   You received this email because you are registered with Sigma Institute   [ Unsubscribe here ]( http://r.sigma-institute.website/mk/un/CWm6u-Ef4eWdJw01oYQzcyxfKoyWee59M5uTOoplQ84FF31Q_bi1MLJUwNA6RMAomXppnLEsgsvsYZJAccBXQXARESIphbTZ2jbTbZ9J_Vsq1o7OxnChC9qaU9oHvIF2Qqwp7I3RBrJbHqKjp3jgKri0vHe_dLsj7Yfu1bQ1rSPiNPLcg7SHx7K7TCuHV7JSeNWI-_U4Q9o4G4WLfu9UD2FGyKY )   [ ]( # )   © 2020 Sigma Institute   more  
Small businesses, traders and professionals don't understand what to do more  
Now, this is a front where the PM and his Ministers need to work upon to clean up the system. Introduction of Internet in civil offices has reduced this menace, but appears like more work needs to be done. Public feedback, like that of Mr Pradip, will help expedite the process. We should always VOICE ourselves and not keep MUM. more  
Mr Saha, good & reasonably thought out post (if you ignore the somewhat strong language). I am sure someone in Govt will pick up the useful points. more  
I doubt vary much instead they may be after me for wrong reasons more  
I doubt vary much instead they may be after me for wrong reasons more  
out of subject question CAN SOME ONE TELLME HOW MUCH MONEY IS SPENT ON PARLIAMETARIAN , MPS ,MLA MLC AND CORPORATORS EVERY YEAR WHAT IS THE GDP PERCENTAGE. HOW MUCH OPUR GOVT SPENDING ON PRIMARY EDUCATION AND CITIZEN HEALTH BENIFITS CAN SOME ONE THROW LIGHTS ON THESE . more  
Today there are ways to clean the system without standing in election. Representative form of parliamentary democracy every 5-years election is obsolete, now everything is instant & soon this trend will prevail in the world. Why Modiji tried to garner public support by on-line poll for Demonetization, the genie is out of the bottle, it is just matter of time. more  
Looks like Mr Saha has misunderstood GST. There is no fresh tax. It is only streamlining what was collected before by earlier congress government etc.. just derailing current government won't help the situation. Why not Saha stand in election and clean the system. more  
nobody knows, ask Government how many employees they have in total of Centre, State, PSUs and Local bodies, I don't thinl Govt. can answer that more  
Post a Comment

Related Posts

    • MSME sector needs long term support from the Government to stay afloat post COVID19 period.

      Government should draw a plan to bail out MSME out of the situation created due to COVID19 Pandemic strike as because this sector provides highest number of employment. It may be long term low int...

      By Abhik Barua
      /
    • Need Extension of financial year end date .

      Isolation is required . Citizen/ firms /companies are not able to complete their march ending works due to lockdown . Government has to declare the Extended end Date of financial year 2...

      By Mahen Patle
      /
    • eCommerce Exports

      Dear All, Good Morning, As you know that Online Selling to Overseas buyers through any eCommerce store or marketplace and processing the order through postal or courier is referred to as eCommerce ...

      By RAJESH PARASHAR
      /
    • Request for extension of date to file for INC-22A for recognised startups

      Based on the many posts received in various circles related to startups, tax and accounting, LocalCircles has sent the request to MCA extend INC-22 active compliance date for all recognised startup...

      By LocalCircles Manager
      /
    • By Shikha Chhabra
      /
    • LocalCircles Impact - Relaxation on Angel Tax

      We are pleased to share that the Department of Revenue under Ministry of Finance has issued attached notification giving relaxation on Angel Tax. The Department of Revenue notification i...

      By LocalCircles Manager
      /
    • Requirement of Website for Business Knowhow

      Common man / new Entrepreneur who want to do business or establish a manufacturing / trading unit always face one most important issue about detailed Technical knowhow , required machines and r...

      By Mahen Patle
      /
    • Ease of Doing Business Report 2017-18

      India has improved its ranking in World Bank Ease of Doing Business from 130 to 100. Attached very useful report by world bank on India that can be used for reference information by all startups an...

      By Vishal Khanna
      /
    • Why Import Chairs from South Korea?

      Stadium imports 50,000 chairs from S Korea for U-17 World Cup The Dr D Y Patil stadium at Nerul has been transformed from a cricketing arena into a football turf at an investment of Rs 25 cror...

      By MOHIT PANDE
      /
    • Robots will soon do your taxes and your bookkeeper

      Robots will soon do your taxes and your bookkeeper is cool with that. Up until about ten years ago, choosing a career in accountancy was considered a safe bet. It came with a decent sal...

      By VINOD SAHNI
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)