Dear Anurag Thakur,
[Chairman, Parliamentary Committee on
IT ]
I am sure the following
news could not have escaped your attention :
Extract :
France intends to tax the revenue of about 30 Internet giants such as
Amazon.com Inc. to help ensure “ fiscal justice,” according to Finance Minister
Bruno Le Maire.
The levy of as
much as 5 percent of French sales will start Jan. 1 and potentially raise about
500 million
euros ( $570 million = Rs 4,000 Crore ) for the state, Le Maire told Le Parisien newspaper.
Spain and
the U.K. are also working on digital sales taxes…………
France intends
to tax revenues from local targeted ads, marketplaces and the re-selling of
personal data.
=============================================
Now , our population at 1300 million is 20
times that of France ( at 65 million )
So , we could justifiably demand that those Social
Media pay us , twenty times as much ( 10 billion euros = approx. Rs 80,000 crore / year )
And without getting into the hassle of :
# Determining how much was the global sales
revenue and local sales revenue of each Social Media
# Serve a tax notice ( bound to be challenged
and only to end up in years-long court cases )
# Decide how to use that money ( if and when
collected ) for which section of society , when and how
It is much better / easier / faster to just
implement :
Digital
Dividend from Demographic Data [ 4 D ]
This is the only
way to,
# Stop those “ Data Thieves “ from stealing
our personal data and force them to
# Compensate the “ Data Owners “ by
transferring the “ Purchase Price “ directly into their
bank
accounts
What is more :
# IndiaDataCustodian
which acts as a conduit for these payments ( a “ pass through “)
will have complete record of payments earned
by each registered citizen
# This can be
made an integral component of planned Data Protection Law
# No one in
opposition dare oppose this !
Dear Anurag,
In your quiver , this is the BRAHMASTRA - the ultimate
weapon
And time to use it has come
Only you can decide what you want the HISTORY to
remember you for !
====================================================================
05 March
2019
Rsvp : hcp@RecruitGuru.com
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