As usual, July 31st is the last date of filing the Income tax returns. Most of the working class people including me, are busy again to finish this yearly duty. Every time I do this exercise and I feel frustrated. Why do all these junk works like get proof of your investments, get different types of receipts etc. Every year we have to do this because it will save us crucial money in the form of tax exemption. The whole tax system is quite complex. On my own I have never been able to find out my tax liability(Although I am in good Mathematics, as I have done masters in Mechanical Engineering). Because there is this clause and there is that clause. Last year I paid some 500 rupees to some guy to file my income tax returns. This year I got someone who charged only 150.
The point I am trying to make is when things are complex then things become corrupt. I f we make things simple then there will very less possibility of corruption. It will save a huge amount of time, money and energy of all the people. First the government imposes a tax then they give some exemption. These exemptions are the root of all corruption. For salaried people there is not much scope in the sense that they can not abuse these exemptions for great benefits. But for business people there is unlimited scope. One can learn from Ramalinga Raju how things can be manipulated even in a big public company.
The income tax for salaried people can be simplified very easily. There should be no clause for any exemption. There should be some flat tax rates for different level of income like we have billing of electricity. This will not only make life easy of a tax payer but also of the employer and of the government also.
Even when we have an economist Prime Minister and honest too, we can not expect this happening in near future. After all this a congress government, who are the creators of all these corrupt systems and socialistic mentality.
Tuesday, July 28, 2009
Monday, April 20, 2009
Legacy of Nehru
Recently Prime Minister Manmohan Singh said that the only achievement of Advani in his political life, is the Babri masjid demolition. He is in election campaign so he is pointing out negatives of his opponent. Let us do the same thing with the Nehru, the first Prime minister of India. What is the achievement of Nehru. The humiliation of 1962 or tilting Indian policy towards communism or creator of dynastic politics in India.
Advani may not be fully responsible for Babri masjid demolition but Nehru is the only reason of 1962 defeat of India at the hands of China. He adopted a "No defense against China" policy. Because China was good friend of Him. He gave the Permanent seat at the UN security council to China. He did not allocate enough budget for preparing the army for any possible threat against China. Many world leaders at that time warned Nehru that China is planning attack on India. And when finally China attacked the whole world laughed at India. That is why it was not just a defeat at war for India but a humiliation.
Now the second achievement. What is wrong in having your policies tilted towards communism. The very simple answer is communism breeds dictatorship and corruption. We just need to see around the world and at communist states and it becomes quite obvious. See USSR, China, Cuba, Venezuela etc. As India was not absolute communist state , so there was no absolute dictatorship also. But there was Some amount of dictatorship during the times of Indira Gandhi. And corruption is there for everyone to see. This tilt has caused a huge loss to India in terms of foreign policy. Because of our "Non-Aligned Movement" most of the capitalistic world powers see India skeptically. We have lost the benefits of good relations with world powers.
The third achievement of Nehru the dynastic politics. It is being followed by the leaders in this country in almost all the states. We have leaders and then we have their wives, their sons their daughters. If you are not in the family then you have a very little scope of growing in politics.
With so many achievements in the name of Nehru, I think Advani is better than Nehru.
Advani may not be fully responsible for Babri masjid demolition but Nehru is the only reason of 1962 defeat of India at the hands of China. He adopted a "No defense against China" policy. Because China was good friend of Him. He gave the Permanent seat at the UN security council to China. He did not allocate enough budget for preparing the army for any possible threat against China. Many world leaders at that time warned Nehru that China is planning attack on India. And when finally China attacked the whole world laughed at India. That is why it was not just a defeat at war for India but a humiliation.
Now the second achievement. What is wrong in having your policies tilted towards communism. The very simple answer is communism breeds dictatorship and corruption. We just need to see around the world and at communist states and it becomes quite obvious. See USSR, China, Cuba, Venezuela etc. As India was not absolute communist state , so there was no absolute dictatorship also. But there was Some amount of dictatorship during the times of Indira Gandhi. And corruption is there for everyone to see. This tilt has caused a huge loss to India in terms of foreign policy. Because of our "Non-Aligned Movement" most of the capitalistic world powers see India skeptically. We have lost the benefits of good relations with world powers.
The third achievement of Nehru the dynastic politics. It is being followed by the leaders in this country in almost all the states. We have leaders and then we have their wives, their sons their daughters. If you are not in the family then you have a very little scope of growing in politics.
With so many achievements in the name of Nehru, I think Advani is better than Nehru.
Tuesday, February 17, 2009
Job security
Everyone wants job security in the time of recession. This is economically very tough time and if someone looses his job then surely he will face lot of difficulties. I am not writing this to give you tips about how to save your job. Actually I think this there should not be this employer and employee system. So in a way I am proposing to scrap all the Jobs. So there will be no Job, so no question of any job security, in other words 100 percent job security.
I think that every job should be contract based. The highest paid or most powerful jobs around the world are contract based. You take any post of CEO or the Presidents or Prime Ministers of the Nations. Job and Job security are byproducts of communist mentality. Security is a myth.(see the articles about Job and Courage at Stevepavlina.com).
The basic problem with Job security is that it makes people inefficient. Now I don't have to prove this, you just see any of the Indian government or state government officials. Even in businesses where there is security the businessman becomes inefficient and less customer friendly. Just see the Petrol pumps of this country. I have read in many news articles that most of them sell adultereted fuel throughout the country.
Now you may argue that this is a very good proposal from the Employer's stand point because he need not pay the employee for the time he is not taking work from him. It will be great disadvantage for the employee.
Ok, So first let me tell you that I am doing a Job and I am not an Employer. And here I think with this proposal I am looking for my advantage. I feel that if jobs become contract based then they will be better paid. At present in the name of giving job security to all the employees the Employer gives a very low salary to all the employees, because he has to keep most of the earnings for security. So in a sense I feel it leads to exploitation. I think if jobs are contract based the job seeker will have more barganining power. Moreover every one will strive to become more efficient to be able to get further contracts in future. You see the people working as consultants. At present the transition of a person from a stable job to a consultant happens very late in his career. I think this should happen much earlier.
I think that every job should be contract based. The highest paid or most powerful jobs around the world are contract based. You take any post of CEO or the Presidents or Prime Ministers of the Nations. Job and Job security are byproducts of communist mentality. Security is a myth.(see the articles about Job and Courage at Stevepavlina.com).
The basic problem with Job security is that it makes people inefficient. Now I don't have to prove this, you just see any of the Indian government or state government officials. Even in businesses where there is security the businessman becomes inefficient and less customer friendly. Just see the Petrol pumps of this country. I have read in many news articles that most of them sell adultereted fuel throughout the country.
Now you may argue that this is a very good proposal from the Employer's stand point because he need not pay the employee for the time he is not taking work from him. It will be great disadvantage for the employee.
Ok, So first let me tell you that I am doing a Job and I am not an Employer. And here I think with this proposal I am looking for my advantage. I feel that if jobs become contract based then they will be better paid. At present in the name of giving job security to all the employees the Employer gives a very low salary to all the employees, because he has to keep most of the earnings for security. So in a sense I feel it leads to exploitation. I think if jobs are contract based the job seeker will have more barganining power. Moreover every one will strive to become more efficient to be able to get further contracts in future. You see the people working as consultants. At present the transition of a person from a stable job to a consultant happens very late in his career. I think this should happen much earlier.
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