Whispers Forum — 18 Jun 2019
DEBATE (1)
Presidential system of Government is good but but in the long term it will fail in our country.
Rakesh Tiwari
DEBATE (2)
Yes in 2022 there will be referrendum and Narendra Modi will be the President .
S K Tandan
Budget 2019 Budget 2019-20 is likely to be presented on July 5, 2019. There are many challenges before the Govt. Un-equal distribution of national wealth increases social injustice. As per one of the report 1% of top population holds 73% country's wealth. Tax system and its implementation plays vital role in distribution of wealth and achieving social justice. There are two major sources of revenue. Tax (direct and indirect) and non-tax revenue. There has been shortfall in tax revenue from estimated target. Non-tax revenue is collected through licensing of spectrum, auctioning of mines etc. which is generally good. There are number of steps Govt. can take to increase tax revenue like: 1, Scrap tax exempt (NGOs, Trust etc) institute list. Let every organisation pays tax to serve the nation. As these organisation are serving society at large, so there will be no problem in serving the country when they are needed. Law makes party will also contribute to the Nation building as they are already serving the country by paying tax. This requires an Amendment in income tax act which can be done thru the budget, 2. Steps to recover the loan from top 10000 defaulters. 3. Reduce the subsidies and create earning opportunities for every one. 4. Tax compliance is poor in categories other than salary class. No tools are available to assess the income of professionals, traders, businessman etc. It is estimated there may be more than 10000 people earning more than 100 crores per annum but how to figure it? Utilise the man power and time for developing innovative methods for assessing the income of professionals instead of scrutiny of cases low income group below 5 lakhs. Exempt these people from filing tax returns and save time and man power as well as processing power. 5. Simplification is key to success. Consider removing the tax on Long Term Capital Gain instead increase proportionately STT to compensate the losses due to LTCG. As it is easy to collect STT and every transactions gets covered. This will boost the tax revenue. 6. It is estimated 95% farmers earning is less than 5 lakhs and will not be paying tax. Hence consider tax on Agriculture income above 5 lakhs so every one is treated at par. Above points may be considered in the interest of Nation Building.
Naveen
“India’s Judicial System Flawed”
PM Modi failed to punish the corrupt in 1st term. Voted back in 2019, the public with higher expectations is keeping a close watch on Modi-2 sarkar. Unwilling to be fooled again in 2nd term.
PM Modi had left the punishment task totally incomplete. Rather, gave it the lowest priority.
India's most wanted: the Nehru- Gandhi dynasty, the Chidambaram, Karti, Mallya, Choksi, Vadra, Lalit, Nirav Modi, Tharoor, several UPA ministers etc are all having a free run.
People not only wanted to vote out the corrupt but also want them to be punished without delay.
The reasons for granting frequent and long adjournments and bails by courts, must be displayed in public domain.
Why blame India's Kanoon ? Blame, India's laidback Judiciary.
Culprits are receiving frequent bails, adjournments by Indian courts without substantive justifications. Subordinate courts are not accountable to higher courts. At least, so it seems.
The system is flawed. The Collegium system looks like a private club.
A total revamp of courts, including investigation into the assets of many judges, is a must
Concept of NJAC as the only transparent alternative must be revived . Kanoon koh bhi badal daalo. An amended bill must be passed afresh by the Parliament making it mandatory for the Apex court to enforce the Law.
A K Saxena (A former civil servant)
Presidential system of Government is good but but in the long term it will fail in our country.
Rakesh Tiwari
DEBATE (2)
Yes in 2022 there will be referrendum and Narendra Modi will be the President .
S K Tandan
Budget 2019 Budget 2019-20 is likely to be presented on July 5, 2019. There are many challenges before the Govt. Un-equal distribution of national wealth increases social injustice. As per one of the report 1% of top population holds 73% country's wealth. Tax system and its implementation plays vital role in distribution of wealth and achieving social justice. There are two major sources of revenue. Tax (direct and indirect) and non-tax revenue. There has been shortfall in tax revenue from estimated target. Non-tax revenue is collected through licensing of spectrum, auctioning of mines etc. which is generally good. There are number of steps Govt. can take to increase tax revenue like: 1, Scrap tax exempt (NGOs, Trust etc) institute list. Let every organisation pays tax to serve the nation. As these organisation are serving society at large, so there will be no problem in serving the country when they are needed. Law makes party will also contribute to the Nation building as they are already serving the country by paying tax. This requires an Amendment in income tax act which can be done thru the budget, 2. Steps to recover the loan from top 10000 defaulters. 3. Reduce the subsidies and create earning opportunities for every one. 4. Tax compliance is poor in categories other than salary class. No tools are available to assess the income of professionals, traders, businessman etc. It is estimated there may be more than 10000 people earning more than 100 crores per annum but how to figure it? Utilise the man power and time for developing innovative methods for assessing the income of professionals instead of scrutiny of cases low income group below 5 lakhs. Exempt these people from filing tax returns and save time and man power as well as processing power. 5. Simplification is key to success. Consider removing the tax on Long Term Capital Gain instead increase proportionately STT to compensate the losses due to LTCG. As it is easy to collect STT and every transactions gets covered. This will boost the tax revenue. 6. It is estimated 95% farmers earning is less than 5 lakhs and will not be paying tax. Hence consider tax on Agriculture income above 5 lakhs so every one is treated at par. Above points may be considered in the interest of Nation Building.
Naveen
“India’s Judicial System Flawed”
PM Modi failed to punish the corrupt in 1st term. Voted back in 2019, the public with higher expectations is keeping a close watch on Modi-2 sarkar. Unwilling to be fooled again in 2nd term.
PM Modi had left the punishment task totally incomplete. Rather, gave it the lowest priority.
India's most wanted: the Nehru- Gandhi dynasty, the Chidambaram, Karti, Mallya, Choksi, Vadra, Lalit, Nirav Modi, Tharoor, several UPA ministers etc are all having a free run.
People not only wanted to vote out the corrupt but also want them to be punished without delay.
The reasons for granting frequent and long adjournments and bails by courts, must be displayed in public domain.
Why blame India's Kanoon ? Blame, India's laidback Judiciary.
Culprits are receiving frequent bails, adjournments by Indian courts without substantive justifications. Subordinate courts are not accountable to higher courts. At least, so it seems.
The system is flawed. The Collegium system looks like a private club.
A total revamp of courts, including investigation into the assets of many judges, is a must
Concept of NJAC as the only transparent alternative must be revived . Kanoon koh bhi badal daalo. An amended bill must be passed afresh by the Parliament making it mandatory for the Apex court to enforce the Law.
A K Saxena (A former civil servant)