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

Wednesday, 11 July 2018

How to grab Women Votes in 2019 ?





During 2014 general elections, there were a total of 814 million voters


In 2019 , we can assume this number to go up to 900 million


Of these, ( say ) , 400 million will be women




Our Minister for Women and Child Development,

Smt Maneka Gandhi

has come up with a sure fire method to get all of these 400 million women to vote for BJP in 2019 general election



She has “ requested “ Shri Piyush Goyalji ( acting Finance Minister ) :


“ Please amend section 64 of the Income Tax Act so as NOT to tax, assets that are gifted to women by their husbands . Husbands are apprehensive to transfer assets to women because they fear income accruing from the asset will become a burden on them “


And she tweeted :


“ Section 64 of the Income Tax Act deals with clubbing of incomes  and provides that if a husband gifts an asset to his wife and the asset results in some income to the wife, the income will be added to the taxable income of the husband


The provision was originally formulated in 1960s under the assumption that wives and daughter-in-law would normally not have any independent taxable income. However, today , with women leaving an indelible mark in every field, the Act seems to have an adverse effect “






Congratulations , Smt Gandhi 




Leaving aside any beneficial impact this may have on BJP’s vote share , your suggestion will go a long way to truly “ Empower Women “



And it is much easier to implement than “ Demonetization / GST / Simultaneous Elections “ etc



No political party will ever dare to oppose such an amendment to the Income Tax Act !



Also consider the following :



In India , it is estimated that some 20,000 tons of GOLD ( mostly in the form of STRI DHAN jewellery ) is locked up in households and lying idle ( worth Rs 57,00,00 crores )



And Indians are piling into gold like never before.

The latest import-export data released on Friday shows that India imported $ 41.4 billion worth of gold and silver in the April-November period of this financial year. That's over Rs 2,15,000 crore  at current exchange rates.


The imports are a record  56 percent higher  than the corresponding period of last year.






Unfortunately , the conditions governing our current GOLD  MONETIZATION  SCHEME has failed to bring this IDLE assets ( mostly held by Indian women as their “ parent / husband gifted “ , Stri-Dhan ), into official Banking System



I urge Shri Piyush Goyalji to consider my following suggestion along with the suggestion offered by Smt Gandhi



11  July  2018



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