Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday, 1 October 2015

FROM GREED TO GREAT ?



In my blog of 18th Sept , I had estimated BLACK MONEY disclosure of ( may be ) , Rs 40,000 crores , under

Undisclosed Foreign Income and Assets Act - 2015

That would have netted Government , Rs 24,000 Cr by way of tax / penalty

I was way off the mark !

The 3 month opportunity window closed two days back , with a disclosure of Rs 3770 cr , by 638 persons , netting Govt Rs 2262 cr  !

Quite like , " Digging the Mountain to find the Mouse "

Now , some knowledgeable persons / organizations have estimated that the amount of BLACK MONEY stashed away domestically , could be close to,
Rs 25 Lakh*Crores !

But then , man-on-the-street guesses that to be Rs 100 Lakh*Crores  !

Time and again , that common man have proved the pundits wrong !

I suppose , the common man knew all along that half-hearted amnesty schemes are bound to fail , as in the past

But pundits refuse to learn from their past mistakes  !

They refuse to recognize that nowhere in the World , any Government has succeeded at any time to legislate the GREED away !

And fail to understand why NDA government is hesitating to harness the unlimited power of SUN - the almighty SUN OF GREED

By :

*    Abolishing Personal Income Tax ( source of the DARKNESS of
      CORRUPTION )

*    Stop asking any questions as to the " Source " for all cash deposits
      made into bank accounts opened under Jan Dhan Yojana

*    Levy a Bank Transaction Tax ( BTT ) of 2 % to yield revenue of
      Rs 15 lakh*crores , which would be 5 times the loss of revenue due to
      abolition of Personal Income Tax

*    Encourage deposits made into Jan Dhan bank accounts to be invested in
      SOLAR POWER SPV Farms , by direct depositing of income derived (
      from sale of electricity to DISCOMs ) into those bank accounts

      
NDA is planning to harness 100 GW of Solar Power by 2020

If above-mentioned suggestion is implemented , India could harness ,

1000 GW of Solar Power by 2020 !

Just imagine what that could do to GDP / SELF-EMPLOYMENT / CLIMATE

Let us harness GREED to make INDIA GREAT  !

-------------------------------------------------------------------------------------

hemen  parekh

02  Oct  2015

B2BmessageBlaster

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