Vivad Se Vishwas
The bill related to Vivad se Vishwas is passed by the Parliament and is ready for its implementation. This does not look only scheme but looks vision of Govt. to resolve the disputed cases and build a Brand of Vishwas or Trust between tax payers and tax Administration. This is a step moving from fear to trust but it takes time and hard work to build the Brand TRUST. More than 9 lakhs crores are struck in dispute and success rate is around 35%. Considering other factors also it is worth while to spend money and time to bring the trust between tax payers and Tax officials. It requires change of mind set of tax officials and provide helping hand to tax payers in resolving the cases. Tax officials may take lead and work as a guide to tax payers for right approach. This is very necessary that trust gap between tax payers and tax officials must go. It should be ensured that from now the case should not move from Vishwas to Vivad. To start building trust, Govt. may consider the cases older than five years and income is below taxable limits but notices have been issued and submission has been made by the tax payers to close on the basis of submission. This will be first step not to move to Vivad from Vishwas. Let us understand why only 2% of people paying income tax, it is due to lack of trust or some other reasons? Tax compliance is good in salaried class but in professional and trade categories, it is less. This needs immediate attention. Tax officials to devote more time and energy in developing tools using present day technologies and methodologies to assess the correct income in these categories instead of wasting time with small tax payers. Sr, citizens (pensioners, house wives etc) to be completely exempted from notices and not moving to Vivad from Vishwas. Their submission to be accepted to create Brand trust. It is like building Brand Equity. Once Brand Trust is created between tax payers and tax administration, things may move in positive direction where not only the number of tax payers will increase but revenue will also increase. Let us hope good success in implementation. Good luck !!
Naveen
“Let us practise Aparigreh and learn to live within our means”
Massive shortages of consumer goods are around the corner. This will be followed by scrambles, stampedes, robberies, killing, looting and arsons at malls and big bazaars and supermarkets. All markets will be ordered to be closed, soon.
Total Lockdown of metropolitan cities, is imminent.
Avoid imitating the dirty Chinese, notorious for consuming raw wild animals like snakes, rats, cats, dogs, donkeys, lizards, donkeys , crocs as also delicacies like soups of owls, crows and whatever you can imagine.
Don't forget, hoarding of essential commodities is illegal.
The grim scenario seems like a precursor to WWIII.
Try your best to follow precautions.
Don't be afraid of death. If, it has to come, it will come, unannounced.
This will be the easiest way to attain Moksha without tapasyaa, santhara, voluntary starvation to death.
Worst days are ahead.
No hope for Achhey din as repeatedly promised by PM Modi.
A K Saxena (A former civil servant)