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

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