One Country One Market One Tax.
Goods and Services Tax is finally here. GST is tad bit late. Say by a decade. Starting from Canada, Australia, Japan, Europe and even Malaysia has it. All had to face its share of woes in switching to new system of taxation. Historically the idea is as new as Internet. Taxation is prerogative of every sovereign authority. In democracy there are too many sovereign authority in practice than in theory. GST will replace, Excise, Counter-veiling duty, VAT (Sales Tax), Luxury Tax, Entertainment Tax, Entry Tax and Octroi among others. But let’s note the key benefits.
Eliminate tax on tax.
As mentioned above many taxes are imposed on the price inclusive of goods. For example excise is levied when goods leave factory and is included in the price realised by manufacturer. Sales tax or VAT is levied when goods are sold by retailer. Yet again luxury tax is levied if sale is made at an establishment treated as luxurious viz 5 star Hotel. Continue reading
Is HRBlock.in duping people?
Thuggery is an ancient offence. It is an act of stupefying another human being by winning his/her confidence. Now a days it is called Conman act. Thuggery was also violent in the end. Often culprit used to kill people. I hope HRBlock is not that brutal. In India ancient name of offender was Thug. They would deceive by tempting people with attractive offer but releasing selective piece of information or concealing material information. Such acts are also a fraud u/s 17 of Contract Act. Read here about the ingredients and effect of fraud.
HR Block is an online Income Tax Return preparer cum filing facility which uses API’s of Income Tax Department of India. Its profile proclaims: Continue reading
Open source vs. proprietary software.
Govt of India has reiterated its policy to prefer open source software over proprietary software as part of its Digital India Initiative which is available here. However when it comes to application, different department behave differently. For over ten years income tax department forces citizens of India to use Window and Excel which is a proprietary software of Microsoft. Few years back they brought out an alternative and introduced a Java version of ITR as well. Though it does not work at all, never the less look at the choice. This time they picked Oracle proprietary version of Java. Why not pick open source? No body seems to know anything. Few months back, I had posted a grievance ticket too on their website. The officer who called up, knew nothing and kept on trying to convince me that I should borrow somebody’s window lap top to do the needful. Arrogance in stupidity.
Now I have asked following questions from Government of India under RTI Act
Kindly provide following Information under RTI Act:
1. Who is officer responsible for checking the functioning of ITR 3 Java Version, Please provide his name address and phone Number? If an entire team is responsible please provide the details of team leader.
2.If the aforesaid Officer is in the service of Govt. of India, please provide the name, designation, address of the disciplinary authority over him.
3. What is policy of Income Tax department about using open source software ? If no policy has been formulated please do state so. Continue reading
Birth in hideous poverty is a matter of accident but to remain poor and miserable needs efforts.
It is not easy to remain poor. Education opens new avenues of prosperity but it requires extra ability to miss opportunities and remain struck in abysmal poverty.
Vacations and holidays:
To remains poor it is important to religiously follow the calendar and obey all holidays, all vacations and presume that is what everyone does. However, those who get rid of poverty do not fall is this trap and take vacation when its suits their works cycle. So enjoy life and poverty alongwith the holidays. Those who remain well above poverty line are those who use the holidays to harness new skills or to update knowledge to cope with the dynamic word in which knowledge gets absolute every day. Continue reading
Finance Minister blood is on your lapel!
Spurious Liquor and death therefrom is seasonal ritual in India. Every year or next, a tragedy or the other happens at one place or another. Causes for such recurrent tragedy are apparent policy failure and it is unlikely to be corrected under present Hindu myopia. Earlier the reason was apathy towards poor. Mere change of reason without change of policy. Bihar is the recent State which has prohibited liquor altogether. Therefore Bihar would be the next State from where next tragedy will occur.
The real reasons for such tragedies: