Friday 29 April 2016

STRANGULATING TRUTH, RUNNING AWAY FROM REALITY

STRANGULATING TRUTH, RUNNING AWAY FROM REALITY


Affirmative action and resolve to deal CORRUPTION with iron fist is the only way out. Statement of Justice Pardiwala is based on factual position. It is shame that he was forced to delete the TRUTH. Truth is always bitter. CAN WE EVER PROGRESS IN REAL SENSE? In fact corruption has the blessings at the higher levels. Nothing will happen till we act in the interest of the Nation. Corruption has strangulated the truth and the people who report it. Saviours have become destroyers.

Politicians are fighting sorry contesting elections for saving religion / language / caste / regionalism etc. Every unscrupulous politician / leader / officer is busy in creating BURROWS for their personal gains. NO one is contesting elections for saving the NATION.

Tuesday 12 April 2016

WHY ARE JEWELLERS ON STRIKE AGAINST THE GOVERNMENT?

WHY ARE JEWELLERS ON STRIKE AGAINST THE GOVERNMENT?

[http://static.sify.com/cms/image/ll0tEFcaebhsi.jpg]

A simple explanation:

They can no longer do tax evasion, illegal import, sell jewellery in black or cheat the customers. Government has done a excellent job in one single act. The Jewellers are going to pass the 1% tax to customers, they are not worried about that. So what are they worried about?

  1. Illegal Import: Imagine Jeweller A, who sells 1000 Kg gold ornaments per year. He has to pay 10% import duty for every gold he has imported. Of the 1000 Kg if he has imported only 800 Kg via proper channel and rest via black market. So for 200 Kg Government has lost 10% tax. After converting to jewellery, If the Jeweller A pay excise duty for 1000 Kg sold gold, customs will ask where did he get the additional 200 Kg. This will expose Jeweller A illegal imports. Almost all big jewellers does this. So they are against it.
  2. Tax Evasion : In the above case, currently jeweller A will pay tax on the sale of only 800 Kg of gold, since only 800 kg was legally imported. For the rest he wont pay tax. Now after the excise duty, he has to pay tax for the remaining 200 Kg also.
  3. Selling Jewellery in Black: Most of the big Jewellery sell in black to their largest customers (politicians, large farmers, Government officers, doctors, lawyers etc.) who themselves want to convert their illegal earnings to Gold. Now Government is making PAN mandatory for any sale above 2 Lakhs. This will make customers reduce their buying and in turn reduce Jewellers sales in black.
  4. Cheating Customers: In above scenario if Jeweller A imports 800 Kg and convert them to jewellery, A might charge 10-12% on wastage. So for 800 Kg wastage comes to 96 Kg. But on this 96 Kg, the actual wastage might be around only 10-16 Kg (unrecoverable). So remaining 80 Kg they will convert it as gold and sell to customers. Now the Jeweller A has imported only 800 Kg but sold ~860 Kg (780 actual gold + 12% wastage) gold. This will expose their cheating of customers and will force them to lower their wastage charges.
[https://scontent.fdel1-1.fna.fbcdn.net/v/t1.0-0/s480x480/12961669_554230181421452_355251553289248843_n.jpg?oh=18dafb29149ca8eb530970401d6c7675&oe=57787AF8]

In any case Excise Duty will be charged to the customers. Then why is this hue & cry by the jewellers? Their reaction smells of a rat. Their reaction proves that Government decision is right. This action will definitely put checks on Gold smuggling and black money generation.

Thursday 7 April 2016

WHO SHOULD BE BLAMED FOR ELECTING SUCH SHAMELESS POLITICIANS

WHO SHOULD BE BLAMED FOR ELECTING SUCH SHAMELESS POLITICIANS



[https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcR7EiT8z5JzqIadwlLQKprMniCco7FVHlNazZiYgkWGGtq5a7tsig]

Video can be watched using any of the given web addresses:

https://www.youtube.com/watch?v=JbDiAXEenAI

https://www.youtube.com/watch?v=RznaDpFicuE&nohtml5=False

https://www.facebook.com/TheTolerantIndians/videos/1565768697078057/

https://www.youtube.com/watch?v=ZbpABs4DKZU

https://www.youtube.com/watch?v=tLm2LMPVoew&nohtml5=False

https://www.youtube.com/watch?v=xFwN4Rg8QCY&ebc=ANyPxKrvVCLUmpGFjobQ--ZD3s95XIuL6naDiOrJLFa1syiNYTZqDPg_SEbDZtNkTkRqVGwNkCMqR4q7oiQuOG_HKu_ozSjtcA&nohtml5=False

Disgusting and sickening. These are the leaders to LEAD our country. Thanks to caste, religion, region based polarisation of HIGHLY IMMATURE INDIANS by these unscrupulous shameless corrupt politicians. That is why education has been destroyed in reality though it exists on paper, by these people to continue to enjoy generation after generation. It is really strange that most politicians become billionaires without having done any business / service. How come Income Tax Department and Enforcement Directorate are not able to note this? May be all politicians have BLANKET immunity?

Around 200 Britishers ruled around 32 crore Indians during the British rule now the present politicians are ruling around 125 crore Indians using the same divide and rule policy. We were immature and are still immature. This scenario is worse than the British period. We had no say that time but now we are electing such shameless and corrupt politicians using our so called wisdom. Who should take the blame? Why should we blame these unscrupulous leaders?

No mature society can ever elect such people.