Jhan Dhan Yojana

Jhan Dhan Yojana can be well used to abolish all taxes and to introduce a single tax - Banking Transaction Tax. more  

New Currency of 2000/- equip with Micro chip which can be traced through satalight. The circulation of currency is monitored through Bank transaction its not possible to hide this currency. more  
Finally, Modiji did it, by scrapping 1000 & 500 currency notes. But not clear why again new notes are being introduced; after some time again the situation may recur. But, still a big issue is not resolved - collecting convenience tax/charge for online buying or paying of certain bills (LIC, Electricity bill, petrol buy, etc.) is discouraging to use white and encouraging to use black. Now at least this should be stopped forthwith and very limited higher denomination notes are to be issued. more  
All transactions must be made eletronically. This will even help in checking accumulation of black money. Skilled workers like electricians, plumbers, manons, carpenters and many similar workers charges heavily earn in lacs but do not pay income tax for want of recordd of payment. In countries like Canada, USA, etc., all such workers are paid electronically and they pay income tax. Even most the shopkeepers earn a lot but do not pay income tax or pay only nominally. Electronic payment will help in overcoming this corruption besides enriching govt. coffers. Govt. must seriously work on introducing a system for electronic payment in all sort of transactions whether private or government at the earliest possible. more  
Once the transactions are to be made electronically, not only corruption by Govt, the corruption by Private agencies in the form of compulsory donations also will get disappear. The requirement of extra money will not be there. By introducing single Banking Transaction Tax, the difference between salaried and business will reduce. more  
Well said Vijayakumarji,
This is what India needs badly. With the success of Jan Dhan Yojna this is the right time to introduce Bank Transaction Tax by abolishing all taxes. My suggestion is that along with this all big denomination notes of Rs.1000, 500 and 100 should be withdrawn from circulation and all transactions above Rs.2000 should be through banks only.
Regards. more  
Post a Comment

Related Posts

    • Issues of Consumers

      Some members in this circle are raising an objection as to why LocalCircles Manager is taking up issues of call drops against Vodafone, Airtel and Jio. Recently It was issue raised by Mr. Vijayarag...

      By RN Chopra
    • How can festive spending help revive the Indian MSME?

      For the Indian economy to recover from COVID-19, it is critical that the demand for small and mid sized businesses recovers. With the festive season kicking off soon, we would like to seek your inp...

      By LocalCircles Manager
    • If India were to go into national, state or local level lockdown for 3 weeks, what is your view on the economic implications of it?

      Scientists all over have said we have to learn to live with COVID 19 , another Virus. We have started Testing in great numbers , that is good enough to initiate early treatment . Under this setting...

      By Jayakumar Daniel
    • Rising Prices of Essentials hurting citizens

      Many of you have been writing in various posts and comments on the rising prices of tomato, onions and potato and thereafter we at LocalCircles conducted a survey which clearly brings out the high ...

      By LocalCircles Manager
    • Urgent action needed so people can find COVID ICU beds

      Many of you know how with your inputs LocalCircles was able to escalate the issue of COVID test and treatment price capping in April-May and the same was done by most states. Once again w...

      By LocalCircles Manager
    • Are you still struggling to get good mobile network coverage?

      The COVID-19 pandemic over the last 7 months has led to less in-person interactions and a multifold increase in interaction over mobile phone calls and video calls. Last year you had raised the iss...

      By LocalCircles Manager
    • Code of Conduct for Parliamentarians

      What happened in Parliament today is attached. Most pathetic scenes. If these guys cant behave properly they have no right to be inside the parliament. Who we put in parliament is a also...

      By Anil Mehta
    • Don't Equate Alcohol and Opium to Party Drugs

      3 national weekly magazines have a front page headline details comparing Alcohol with party drugs ! Ignorance is Not Bliss. Party drugs are Not Only Marijuana which is grown i...

      By Dr. Neelam Nath
    • Covid-19 and Revival of the Restaurant Industry

      Many of you participated in the circle survey on consumption of restaurant food in the recent times and what you will be doing in the next 60 days as far as consuming outside food. Here is the surv...

      By LocalCircles Manager
    • Transparent assignment of ICU beds needed

      Yesterday, one of the senior most surgeons of Rajasthan Dr Dinesh Jindal (attached) passed away from COVID19. He failed to get an ICU bed in time in a COVID facility despite being symptomatic &...

      By Veena Maheswari
    • Full blown investigation on Bollywood and Drugs

      Given all thats come out in the SSR case already, why is the Narcotics Control Bureau and the Central Government not launching a full blown investigation on bollywood industry. Jaya Bach...

      By Preeti Kumar
Enter your email & 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

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)