आर्थिक – Page 36 – Dialogue India (डायलॉग इंडिया): Latest And Breaking Hindi News Headlines, News In Hindi

Dec232018 by Dialogue IndiaNo Comments

Two bank-strikes to affect badly: Permanent solution should be evolved

Total banking-system is likely to be paralyzed with bank-officers and other staff-unions of public-sector banks going on strike on 21st December 2018 and 26th December 2018 with only 24th December 2018 being the banking-day with three holidays of Saturday, Sunday and Christmas Day. It is unfortunate that officers and staff-unions conspirated to have strike on two nearing different dates in a bid to paralyze banking-system harassing common public. Bank-strike has become a usual phenomenon requiring some permanent solution. Recommendations of pay-commissions should be applicable for all public-sector-undertakings including banks. Even persons on top posts like President, Vice President and Supreme Court judges should get salaries and post-retirement benefits equivalent to highest-paid bur...

Dec232018 by Dialogue IndiaNo Comments

Two-rupee coin should be discontinued rather than one-rupee coin

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It refers to media-reports that central government is going to discontinue minting of one-rupee coin because of high minting-cost of rupees 1.11. Any such decision is anti-consumer, and will tend to raise prices of many such commodities which are presently priced at rupee one. Minting-cost is one-time spent on a coin with extra long life. It is ridiculous that central government despite adverse opinion of Reserve Bank of India RBI re-introduced one-rupee note on 06.03.2015 which has high printing cost of much more than rupee one and a very short life only for bureaucratic-craze of having signature on the note which is signed by an officer of Secretary rank while notes of all other dominations bear signature of RBI governor. Central government and RBI should produce coins only in denomin...

Dec232018 by Dialogue IndiaNo Comments

Subsidy to encourage e-cars and levy on new cars to discourage: Other measures necessary

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It refers to media-reports that central government is planning a heavy subsidy of rupees 50000 on purchase of e-cars while levying levy of rupees 12000 on purchase of new cars to discourage their sale. Both the steps are grossly inadequate to practically discourage sale of traditional cars driven by petrol and diesel. With procurement price of both petrol and diesel being almost same, diesel is priced cheaper because it is used in commercial vehicles. Production of diesel-driven cars is gross misuse of having price of diesel less than that of petrol. There must be a complete ban on production of diesel-cars. All cars must have engines capable of being driven by petrol and CNG both. To discourage production of bigger cars occupying more space in road and parking, GST, road-tax, insura...

Dec232018 by Dialogue IndiaNo Comments

99-percent items to be under 18-percent or lower GST-slabs: What about service-sector

Dec232018 by Dialogue IndiaNo Comments

Malpractices of Banks in respect of credit-cards

Dec232018 by Dialogue IndiaNo Comments

Simplify Income Tax procedure by merging TAN with PAN

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Presently Income Tax Department provides two types of numbers namely Permanent Account Number -PAN, and Tax Deduction and Collection Account Number -TAN. While PAN is to be obtained for every tax-payer, TAN is a special number required only by those responsible for Tax Deducted at Source -TDS. Those required to obtain TAN number have to go through cumbersome procedure of filing TDS returns every quarter even though tax is deducted at source only say once in a complete year. Moreover there can be cases where TDS provision may required to be used only once in several years. It troubles very much to such TAN holders who are unnecessarily compelled to file TDS returns as nil every quarter. Even Income Tax Department has to spend much on staff and other overheads for managing those registered u...

Dec172018 by Dialogue IndiaNo Comments

Merger of banks: Should be earliest and in one go

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Union Cabinet on 23.08.2017 had given nod in principle for merger of public-sector banks but to be started in phases that too only after a long time-consuming process of deliberations and consultations in committees to be formed for the purpose. Talks of merger of nationalized banks have been there for so many years, and as such necessary and sufficient reports must have been ready by now for an early implementation of already over-delayed decision. It is also clear from news appearing in media about five banks (apart from State Bank of India) namely Punjab National Bank, Canara Bank, Union Bank of India, Bank of India and Bank of Baroda being made anchor banks where all other banks are to be merged. Merger should be in one-go rather than in phases that too earliest in a time-bound peri...

Dec172018 by Dialogue IndiaNo Comments

कौन भेजता भारत में अरबों डॉलर

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भारत वर्ष के विभिन्न कोनों में चालू वर्ष के दौरान विदेशों में बसे प्रवासी भारतीयों ने दिल खोलकर रकम भेजी। इन्होंने 80 बिलियन ड़ॉलर यानी करीब 80 अरब रुपये अपने देश में भेजा। वर्ल्ड बैंक की एक ताजा रिपोर्ट से यह जानकारी मिली है। पिछले साल यह रकम 69 बिलियन डॉलर ही थी। मतलब दुनिया के कोने-कोने में बसे प्रवासी भारतीय अपनी मातृभूमि पर दोनों हाथों से धन की वर्षा कर रहे हैं। आप कह सकते हैं कि देश से बाहर अपनी जिंदगी को संवारने गए ये लाखों भारतीय अब देश की किस्मत को भी बदलने में लग गये हैं। सबसे गौर करने लायक तथ्य ये है कि इनसे ज्यादा रकम किसी भी अन्य देश के विदेशों में रहने वाले नागरिकों ने अपने देश में नहीं भेजी। हालांकि पड़ोसी चीन के विदेशों में बसे नागरिकों की संख्या हमारे प्रवासी नागरिकों से कहीं अधिक हैं, पर हमने बाहर से प्राप्त रकम के मामले में उसे पछाड़ दिया। चीन को 2017 में 64 बिलियन ड...

Dec132018 by Dialogue IndiaNo Comments

Merge public-sector General-Insurance companies for drastic cut in overheads

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Central government should merge all public-sector companies for General Insurance into one unified company to reduce unnecessary overheads. If one single public-sector Life Insurance Corporation of India (LIC) provides life-insurance cover under so many plans effectively, then one General Insurance Corporation of India can also be formed by merging all public-sector Insurance-companies engaged in General Insurance. Such unified company will be able to compete more effectively with private-sector companies engaged in General Insurance in the manner that no private Insurance-company is presently able to compete with public-sector Life Insurance Corporation of India. MADHU AGRAWAL

Dec132018 by Dialogue IndiaNo Comments

Income Tax search on private locker-vaults in Khari Baoli of Old Delhi

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Private locker-vaults are necessary evil but should be regulated It refers to Income Tax officers continuing to wait for those having taken on rent lockers operated by a private firm in Khari Baoli area of Old Delhi which is the prominent business hub for wholesale trade of many commodities. Only one-third out of total about 150 lockers are till date opened because lack of regulatory norms for taking these privately-operated lockers on hire with rent running into some lakhs of rupees annually. Already about rupees 35 crores of currency has been detected from the opened lockers. Earlier also similar search in South Extension area of New Delhi resulted in seizure of heavy unaccounted cash. Such privately operated lockers working till late evening are necessary evil because India does ...