आर्थिक – Page 28 – Dialogue India (डायलॉग इंडिया): Latest And Breaking Hindi News Headlines, News In Hindi

Nov52019 by Dialogue IndiaNo Comments

Public-sector banks collaborating with private-sector Insurance-companies instead of promoting public-sector LIC of India

Presently many public-sector banks have collaborated with private-sector Insurance-companies for providing single-window service for banking and insurance. This wrong practice should be replaced by promoting public-sector LIC of India by terminating collaborations by all public-sector banks with private-sector Insurance-companies. Instead all branches of various public-sector banks should be authorized as agents for public-sector LIC of India by giving lucrative incentive-points to branch-managers and bank-employees bringing new policies. Even special LIC counters can be opened at select branches of various public-sector banks. Such a system will enable public-sector LIC of India to expand business manifolds that too by reducing number of LIC branch-offices thus saving a lot on operatin...

Oct262019 by Dialogue IndiaNo Comments

Punjab National Bank should clear its relation with PNB Metlife

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Punjab National Bank should clear its relation with PNB Metlife: Agents are befooling pubic through gimmick offers without providing any brochures PNB Metlife is an insurance-company using logo of public-sector Punjab National Bank, but there is absolute no clarity on exact relationship between Punjab National Bank and PNB Metlife where agents of PNB Metlife lure members of public through highly lucrative investment-offers but without giving any brochure or highlights of the offered schemes on website. It is clear that no government-saving scheme presently provides annual-interest more than eight-percent that too taxable and only for senior citizens. It is impossible that any public-sector company like PNB Metlife may provide above-referred extra-lucrative scheme. Punjab National ...

Oct172019 by Dialogue IndiaNo Comments

Balance in inoperative bank-accounts

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Huge balance is lying in inoperative accounts in banks with even many account-holders having forgotten about their bank-accounts. Reserve Bank of India (RBI) has introduced Know-Your-Customer (KYC) forms which has been made mandatory also for closing such inoperative accounts. Such cumbersome practice not only is causing difficulty to account-holders wishing to close their inoperative accounts, but also creating a big loss of man-hours of bank-employees apart from unnecessary data-entries and record-keeping. Frauds are reported through some bank-employees misappropriating funds in such inoperative accounts where amount is large. RBI should direct all banks to close all accounts not operated for say last three years, and send the remittance through pay-orders by Speed Post at last known ...

Oct172019 by Dialogue IndiaNo Comments

Court-appointed arbitrators should be regulated to avoid tactics of money-minting

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It is quite usual that retired judges of Supreme Court and High Courts are appointed arbitrators by courts, giving them much-much more income than they earn while their being judges in higher courts. There are reports that these arbitrators charge exorbitantly for each hearing. Even if all the concerned parties mutually agree for adjournment much before date of hearing, arbitrators insist on sending representation for adjournment on fixed date of hearing so that they may forcibly charge for a hearing held just for seeking adjournment. It has also been reported that after completion of hearing, arbitrators withhold their arbitration-award even for years. Any party approaching for an early arbitration-award, has to pay additional cost for doing so. If these practices are true, then it is ...

Oct102019 by Dialogue IndiaNo Comments

Discontinue minting of two-rupee coins at least till old same-sized one-rupee coins disappear from circulation

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Even though later-introduced smaller-sized coins in denominations of rupees one and two were introduced several years back, yet old one-rupee coins exactly in same size of later introduced two-rupee coins are still in circulation in large quantity. Fact is that old one-rupee coins outnumber later introduced smaller-sized one-rupee coins. But number of old bigger-sized two-rupee coins has diluted very much in circulation in comparison to later introduced smaller-sized two-rupee coins. Department of Economic Affairs and Reserve Bank of India RBI in larger public-interest should stop minting two-rupee coins at least till old one-rupee coins almost disappear from normal circulation. Since coins are usually recognized by hand-feel of their shape and size even by normal people what to talk of...

Oct102019 by Dialogue IndiaNo Comments

Make card-payment machines compulsory for all registered under GST

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Make card-payment machines compulsory for all registered under GST and whose accounts are auditable under Income Tax Act with compulsion to issue GST-invoices without being asked for To further promote digital-payments, installation of card-payment machines to accept payments must be made compulsory by retailers registered under GST or who have their account-books auditable under Income Tax Act to begin with in urban areas. It is surprising that such machines are not there even with many big renowned retailers in unorganised sector even in metro-cities like Delhi. There is large-scale GST-evasion by such renowned retailers selling their own manufactured products because they very hesitantly issue GST-invoices that too on specifically being asked for though they include GST in cost of th...

Oct102019 by Dialogue IndiaNo Comments

Certificate of Appreciation by CBDT should be sent early and through Speed Post

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Central Board of Direct Taxes (CBDT) deserves compliments for motivating Income-Tax payers by sending Certificates of Appreciation to those contributing appreciably through tax-payment. But these certificates should be sent within say a fortnight of final assessment. Moreover sending the attractive colourful certificate only through e-mail is not sufficient, because very few Income Tax payers have facility of colour-printers. These Certificates should also be sent through WhatsApp and more importantly on an attractive laminated card-paper through Speed Post so that contributors to national economy may proudly display these Certificates at their residences or work-places after getting these framed. Then more and more people will be motivated for racing for contribution of national econom...

Oct22019 by Dialogue IndiaNo Comments

Auto-filling of PAN-details be incorporated on web-portal for payment of Income Tax

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Income Tax Department should incorporate provision of auto-filling of complete details of thee assessee just on putting only PAN-number on the web-portal designed for on-line payment of Income Tax, like system exists on GST-website. Such a provision is of utmost necessity to avoid filling of wrong PAN-number by mistake where the assessee will then be able to check rest of the details being subsequently wrong-filled too. Such a provision will be in line with welcome feature going to be added where auto-filled Income Tax returns are going to be introduced. Income Tax Department can further simplify the system by merging TAN-number with PAN (Permanent account Number) where PAN holders file quarterly TDS statement for deposit of Tax-Deposited-at-Source through PAN-numbers abolishing altoget...

Oct22019 by Dialogue IndiaNo Comments

Varnish-coated new 100-rupee notes to be issued with no clue of plastic-currency as announced on 12.03.2013 in Rajya Sabha

Oct22019 by Dialogue IndiaNo Comments

सरकार की कॉर्पोरेट टैक्स में कटौती की घोषणा

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अर्थव्यवस्था में सुधार के लिए 10 बड़े फैसले वित्त मंत्री ने कॉर्पोरेट टैक्स घटाने का प्रस्ताव दिया सरचार्ज और सेस के साथ 25.17 फीसदी कॉर्पोरेट टैक्स लगेगा केंद्र की नरेंद्र मोदी सरकार ने मिनिमम अल्टरनेट टैक्स को खत्म कर दिया बगैर किसी छूट के इनकम टैक्स 22 फीसदी होगा मैन्युफैक्चरिंग कंपनियों के लिए टैक्स घटेगा शेयर बायबैक पर बढ़ा हुआ टैक्स वापस लिया गया शेयर बायबैक पर 20 फीसदी टैक्स लागू नहीं होगा डेरिवेटिव, सिक्योरिटीज पर सरचार्ज नहीं बढ़ेगा टैक्स घटाने का अध्यादेश पास हो चुका है- वित्त मंत्री इन घोषणाओं से सरकार का 1.45 लाख करोड़ का राजस्व घटेगा सरकार ने अर्थव्यवस्था और निवेश में तेजी लाने के लिए कंपनी कर में कटौती और अन्य उपायों के जरिए उद्योगों को 1.45 करोड़ रुपये का प्रोत्साहन देने की घोषणा की है। उद्योग जगत ने भी कहा है कि सरकार की कंपन...