Why traders are opposing GST?

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

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Is HRBlock a new thug in the market? A Review.

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

Why Income Tax department is promoting Microsoft and Oracle

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

How to remain poor and miserable?

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

Megyn Kelly, Kejriwal and Donald Trump in Information Age.

Seeking information in this era.

Information Age is the era we live in. Information gathering was never so fast. In 1966 when Star Trek , a ScFi TV show  was launched the dream of information age was first envisaged. Star trek had a talking computer which could answer back any information which was asked to it. In 50 years of Star Trek, we have crossed into the era where information can be sought from computer by asking the right question on the phone itself. It is called Google Now on Android phone and Siri on iPhone. But I wonder if the Megyn Kelly, Arvind Kejriwal and Donald Trump knows about it. They seem to be too self obsessed to notice anything. But ladies first.

When Megyn Kelly met PM Modi in Russia.

Megyn Kelly is supposed to be a journalist. Therefore it is also supposed that if she is going to interview a politician, who would do her home work. Which now days can be done on phone itself. In few minutes one can find out about any person by looking at social profile on facebook and twitter etc.

Continue reading