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New panel to draft new Income Tax Act with deadline extended to 28.02.2019

New panel to draft new Income Tax Act with deadline extended to 28.02.2019

आर्थिक
  It refers to CBDT member Akhilesh Ranjan being appointed as new convenor of the panel formed for drafting new Income Tax Act to replace more than half-century old Income Tax Act 1961. The panel should draft new Act in a manner to minimise exemptions. There are many exemptions like on charity and contributions made to and received by political parties. These are grossly misused and should be abolished. There should be a consolidated head for personal exemptions clubbing all heads like for medical-insurance, investments in government-schemes etc with consolidated limit being fixed at say rupees two lakhs. For senior citizens, such a limit can be some higher. There should be one single investment-plan for senior citizens attracting higher interest-rate of eight percent with clubb...
आंकड़ों की हेराफेरी से जनधन योजना की नाकामी छिप नहीं सकती

आंकड़ों की हेराफेरी से जनधन योजना की नाकामी छिप नहीं सकती

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प्रधानमंत्री नरेन्द्र मोदी ने अपने चार साल के कार्यकाल में एक से एक योजना और अभियान चलाए। चार साल के बाद ये जानना तो लाजिमी हो जाता है कि आखिर केन्द्र की मोदी सरकार के द्वारा चलाए गए अभियानों और योजनाओं का लाभ अवाम को कितना मिला है। आदर्श ग्राम योजना, स्वच्छता अभियान, स्मार्टसिटी के साथ ही ऐसी तमाम योजनाएं है जिनका सरोकार सीधे जनता है। आज हम उस जनधन योजना की यथा स्थिति के बारे में जानने का प्रयास करते है जिसका आम गरीब की आर्थिक बेहतरी से सीधे-सीधे नाता रहा है। बता दे कि मोदी सरकार की जन धन योजना और स्वच्छ भारत जैसी कुछेक योजनाएं ही देश के मन को लुभाने में कामयाब रही है जबकि इसी दौरान पेश अन्य योजनाएं लोगों के दिलो दिमाग में खास जगह नहीं बना पायी हैं। लेकिन व्यवहारिकता के धरातल पर देखा जाए तो ये योजनाएं भी प्रचार-प्रसार का ही एक माध्यम बन कर रह गई है। इसकी सफलता को लेकर जितने ढ़ोल पीटे गए व...
उठो, फिर चलो स्टार्ट-अप के प्रेरणा स्रोतों

उठो, फिर चलो स्टार्ट-अप के प्रेरणा स्रोतों

TOP STORIES, आर्थिक
भारत में स्टार्ट-अप के शुरूआती दौर के प्रेरणा स्रोत के रूप में उभरे फ्लिपकार्ट के संस्थापक सचिन बंसल और बिन्नी बंसल की जल्दी-जल्दी से अपनी ही कंपनी से विदाई कई संदेश दे गई है। ताजा घटनाक्रम में बिन्नी बंसल ने फ्लिपकार्ट समूह के मुख्य कार्यपालक अधिकारी (सीईओ) के पद से गंभीर व्यक्तिगत कदाचार के आरोपों के चलते अपने पद से इस्तीफा दे दिया। लगभग छह माह पहले जब फ्लिपकार्टपरअमेरिकी कंपनी वॉलमार्ट ने नियंत्रण कर लिया था, तब सचिन बंसल ने फ्लिपकार्ट को छोड़ दिया था। तब कहा गया था कि वे नई स्थितियों में फ्लिपकार्ट से जुड़े रहने में असमर्थ हैं। पर तब बिन्नी ने कंपनी को नहीं छोड़ा था। अब उन्होंने भी एक बेहद निराशाजनक स्थितिमें फ्लिपकार्ट को  छोड़ दिया। तो इसका मतलब तो यह हुआ कि भारत के तमाम भावी स्टार्ट-अप, जिस कंपनी और उद्यमियों से प्रेरणा लेकर आगे बढ़ते थे, उस कंपनी से उसके दो मूल संस्थापक अलग हो चुके...
End of anti-corruption?

End of anti-corruption?

TOP STORIES, आर्थिक
Its politics is confined to a slash and burn exercise, only useful for knocking down opponents Concerns over corruption now have a much steeper hill to climb. Its very absence as a big political issue is a sign of its power. (Representational image) In 2014, plutocracy and corruption were two big themes that defined Indian politics. The discourse of anti-corruption, and the inability of the UPA to respond to it effectively, delegitimised the Congress to an unprecedented degree. What is going to be the fate of anti-corruption politics in India? Is it at a dead end? At one level, corruption is back as a political issue. The Rafale controversy is a start. Given our track record, it is hard to see a decisive closure on the issue. The Supreme Court has now got into the act of looking i...
Income tax Department crack-down on service-charge levied by hotels and restaurants

Income tax Department crack-down on service-charge levied by hotels and restaurants

BREAKING NEWS, आर्थिक
It refers to initiative of Income Tax Department to scrutinise anti-consumer practice of levying service-charge by many hotels and restaurants to ensure that the amount so levied reaches to staff of concerned hotels and restaurants rather than being pocketed by owners as their additional income. Perhaps such an initiative by Income Tax Department may discourage hotels and restaurants to discontinue such anti-consumer practice. But it is quite likely that staff of hotels and restaurants may not be benefitted through such initiative of Income Tax Department, because owners may be employing staff with less salary taking into consideration such extra income of employees while negotiating salary. It is unfortunate that Department of Consumer Affairs failed in its duty to ban levying of servi...
Standardize consumables in car-industry

Standardize consumables in car-industry

BREAKING NEWS, आर्थिक
Union government should induce standardization of common accessories like tyres and batteries so that same parts may be used in different models of cars produced by various car-manufacturers. It will heavily bring down cost of consumables through their bumper production in extra large numbers in some limited sizes and specifications. It can be achieved by merging some nearing sizes and specifications. Such guidelines though also mentioned in auto-policy of Union government, are never followed in actual practice. Too many variants of any car-model confuse customers. There may be just two variants apart from the third with automatic gears, one basic Lx for economy customers and the other Vx with all company-fitted extra accessories and luxuries for affording customers. There is no sense i...
कब हम कायदे से भरना सीखेंगे अपनी आयकर रिटर्न

कब हम कायदे से भरना सीखेंगे अपनी आयकर रिटर्न

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पिछली 31 अगस्त को साल 2018-19 के लिए आयकर रिटर्न भरने की बढ़ी हुई समय सीमा समाप्त हो गई। सरकार ने इस समय सीमा को एक माह के लिए बढ़ाया था। शुरूआती जानकारी से साफ है कि आयकर रिटर्न भरने वालों की संख्या में पिछले वित्त वर्ष की तुलना में 70 फीसद की वृद्धि दर्ज हुई है। इस बार 5.42 करोड़ लोगों ने 31 अगस्त तक अपनी आयकर रिटर्न भरी। यह देश की विकास यात्रा के लिए एक सुखद समाचार है। वैसे सबसे अधिक आयकर रिटर्न भरने वालों में नौकरीपेशा लोग ही हैं। आयकर रिटर्न भरने के अंतिम दिन सुनामी सी आ गई। उस दिन लगभग 35 लाख लोगों ने अपना आयकर रिटर्न भरा। यह भी कोई सही स्थिति तो नहीं मानी जा सकती। देखा जाए तो जिम्मेदार नागरिकों को आयकर रिटर्न भरने में इतना वक्त नहीं लगाना चाहिए। उन्हें यह काम वक्त रहते ही कर लेना चाहिए।आपको अपने आसपास अनेक लोग मिलेंगे जो आयकर भरने के स्तर पर बेहद आलसी और गैर-जिम्मेदराना रवैया अपनात...
Welcome LIC going to acquire 51-percent share in sick IDBI Bank

Welcome LIC going to acquire 51-percent share in sick IDBI Bank

आर्थिक
It refers to public-sector LIC of India proposing acquiring 51-percent stake in public-sector IDBI Bank which is presently is not doing well. Even there were talks of making IDBI Bank again a financial institution doing away with retail-banking. But this is certainly a better remedy that LIC of India enters retail banking by having major holding in IDBI Bank. Such a step can provide a single window to customers for banking and insurance, which may make IDBI Bank with managing control of LIC of India, a favorite choice for banking. Such managing control of LIC of India in IDBI Bank can result in huge fund-saving for LIC of India if properly planned. Every branch of IDBI Bank then be automatically become a branch of LIC of India also where business of nearing branches of LIC of India can be...
Reserve Bank of India should issue gold and silver coins

Reserve Bank of India should issue gold and silver coins

addtop, TOP STORIES, आर्थिक
Several private companies both Indian and foreign are making huge profits by marketing gold and silver coins by selling these at exorbitant prices with photos of celebrities (like Sachin Tendulkar) and Hindu gods and goddesses (like Lord Ganesha) embossed on these coins. Reserve bank of India (RBI) and Union Finance Ministry should take immediate steps to stop sale of such profit-making coins in gold or silver. Sale of gold and silver coins marketed by banks, private firms and even government-agency like MMTC increases tremendously during festive season. Gold and silver coins issued in British regime are available in plenty as duplicates because of their popularity as auspicious and gift items even though fabrication of fake gold and silver coins is crime.   Union government sho...
Worshipping Gandhi: Currency-notes should carry photos of pre-independence heroes

Worshipping Gandhi: Currency-notes should carry photos of pre-independence heroes

आर्थिक
Even present BJP-ruled central government has continued with policy of worshipping Mohandass Karamchand Gandhi, made popular by prefixing Mahatma before his name. He continues to have privileged honour by getting his photo printed on notes of all denominations issued even by the present regime after demonetisation of old currency-notes of rupees 500 and 1000 on 08.11.2016. Many in BJP and RSS including holding ministerial posts do not favour continuing with such practice because of so-alleged minority-appeasing pseudo-secular policy of Gandhi who is said to have made biggest mistake of post-independence India by vetoing against the deserving Sardar Vallab Bhai Patel becoming first Prime Minister of India. That single mistake made Nehru-Gandhi family push country into dynast...