VALUE ADDED TAX = VAT
Old Indian Governments were considered always by the western world as insufficient income governments, they always considered 1 billion population of India and the income by taxes and various other channels are not sufficient for the government to do well.
In this scenario enters Mr.P.Chidambaram who had to tackle the outdated machinery and the flab which got accumulated from the previous regimes and also make India credible in the sight of the global world.
This is the first time Mr.P.Chidambaram had a Prime Minister who understood the macro economic equations, he saw this as a god sent opportunity never has happened nor it can be repeated in 100 years, he took the prickly task of raising the income of Government of India.
He had to tackle a giant dump of problems and make a radical infrastructure change in the tax structure, for the information our tax structure is the same from the times of Indian independence and every body used to shake at the thought of shaking it up, there are so many demands on Indian government, improvement of infrastructure, improvements of employment generation, implementing of social security network etc.
No one had a hint how to go about changing all that without causing disturbance to the stock markets and to the foreign investors, he is educated from Harvard University and he had the guts and the foresight to see everything clearly and he took the step of implementing VAT (Value Added Tax) this one step caused flow of income to Indian Government and this one step initiated a flow of FDI (Foreign Direct Investments) to the tune of Billions, this one step (half implemented) caused the coffers of Indian Government to be filling up. What Mr.P.Chidambaram had the guts to do; its effects will be enjoyed by future Indians for time to the end.
A India loving Patriot is not a person who makes slogans but is a person who goes sleepless nights and finds solutions to its problems covering everything as they are, not advising superficial slogans and keep ignoring the needs of the times, the image of India is suffering everywhere because of few people who are bothered about their own ends. Mr.P.Chidambaram is a true patriot, so let patriots like him prosper and help them to help India become strong.
Now Mr.Jhunjhunwala is predicting sensex will cross 25,000 mark before 2010 and Mr.Zakaria was able to raise Venture Capital in America within just 20 days a whopping 500 Million Dollars, why people trust India now, because of Mr.P.Chidambaram and his wise moves.
Don’t tell me now population is a problem for India, now in this new system of VAT (Value Added Tax) each and every Indian whenever he buys or sells is providing Indian Government with money to look after him, now is the time to go marry and increase the population as much you desire, because the income problem is solved. This is not my slogan or thought, this is what is endorsed by all India experts in the world, now is the first time Dr.Manmohan Singh is invited by ASEAN and other trading groups to be a part of them. India is there since long why not it is being honored by these groups because we have shown we have the will to be respected.
Since the visit of King of Saudi Arabia, 19 other Muslim nations see India as a possible friend to their economic activities. When was this possible before, the real wisdom of India is on display in the real playing fields of the world. There is no empty rhetoric now. India is serious to progress, India started walking the walk and talking the talk.
If ever you said Jai Hind and meant it, then see that this system gets applied all over India as urgently as possible, love India and love VAT, there is no Income Tax, there is no Sales Tax all those systems made few people rich and kept the government of India poor. Only this VAT will make India very strong and a super power.
This is what you call solution findings to problems, let us make the hands of patriot Mr.P.Chidambaram strong and pledge to help him, we cannot waste our time in black mailing other nations or threatening other nations to give up their products and make revolutions for nothing, we will loose face with all those senseless slogans, we make this VAT system strong and all nations will listen to India when she talks.
Whenever we make a phone call, whenever we pay for a cup of tea, whenever we buy something we are helping India and make it more respectable and more genuine in the eyes of the world. Don’t know what I am talking about, ask the Indians who live abroad they know the image India had before and how slowly it is changing now, within few years people will start applying for immigration to India.
Jobs guarantee, Social Security net, infrastructure, sovereign worth, bonds and funds are all within reach of present India, it needs to be improved and very soon the proper steps should be taken to speed up the process and let the initial step of VAT be successful as soon as possible, we all will have to stop worrying about filing the returns of tax forms. This is all in the ages gone by, future India means business.
Old Indian Governments were considered always by the western world as insufficient income governments, they always considered 1 billion population of India and the income by taxes and various other channels are not sufficient for the government to do well.
In this scenario enters Mr.P.Chidambaram who had to tackle the outdated machinery and the flab which got accumulated from the previous regimes and also make India credible in the sight of the global world.
This is the first time Mr.P.Chidambaram had a Prime Minister who understood the macro economic equations, he saw this as a god sent opportunity never has happened nor it can be repeated in 100 years, he took the prickly task of raising the income of Government of India.
He had to tackle a giant dump of problems and make a radical infrastructure change in the tax structure, for the information our tax structure is the same from the times of Indian independence and every body used to shake at the thought of shaking it up, there are so many demands on Indian government, improvement of infrastructure, improvements of employment generation, implementing of social security network etc.
No one had a hint how to go about changing all that without causing disturbance to the stock markets and to the foreign investors, he is educated from Harvard University and he had the guts and the foresight to see everything clearly and he took the step of implementing VAT (Value Added Tax) this one step caused flow of income to Indian Government and this one step initiated a flow of FDI (Foreign Direct Investments) to the tune of Billions, this one step (half implemented) caused the coffers of Indian Government to be filling up. What Mr.P.Chidambaram had the guts to do; its effects will be enjoyed by future Indians for time to the end.
A India loving Patriot is not a person who makes slogans but is a person who goes sleepless nights and finds solutions to its problems covering everything as they are, not advising superficial slogans and keep ignoring the needs of the times, the image of India is suffering everywhere because of few people who are bothered about their own ends. Mr.P.Chidambaram is a true patriot, so let patriots like him prosper and help them to help India become strong.
Now Mr.Jhunjhunwala is predicting sensex will cross 25,000 mark before 2010 and Mr.Zakaria was able to raise Venture Capital in America within just 20 days a whopping 500 Million Dollars, why people trust India now, because of Mr.P.Chidambaram and his wise moves.
Don’t tell me now population is a problem for India, now in this new system of VAT (Value Added Tax) each and every Indian whenever he buys or sells is providing Indian Government with money to look after him, now is the time to go marry and increase the population as much you desire, because the income problem is solved. This is not my slogan or thought, this is what is endorsed by all India experts in the world, now is the first time Dr.Manmohan Singh is invited by ASEAN and other trading groups to be a part of them. India is there since long why not it is being honored by these groups because we have shown we have the will to be respected.
Since the visit of King of Saudi Arabia, 19 other Muslim nations see India as a possible friend to their economic activities. When was this possible before, the real wisdom of India is on display in the real playing fields of the world. There is no empty rhetoric now. India is serious to progress, India started walking the walk and talking the talk.
If ever you said Jai Hind and meant it, then see that this system gets applied all over India as urgently as possible, love India and love VAT, there is no Income Tax, there is no Sales Tax all those systems made few people rich and kept the government of India poor. Only this VAT will make India very strong and a super power.
This is what you call solution findings to problems, let us make the hands of patriot Mr.P.Chidambaram strong and pledge to help him, we cannot waste our time in black mailing other nations or threatening other nations to give up their products and make revolutions for nothing, we will loose face with all those senseless slogans, we make this VAT system strong and all nations will listen to India when she talks.
Whenever we make a phone call, whenever we pay for a cup of tea, whenever we buy something we are helping India and make it more respectable and more genuine in the eyes of the world. Don’t know what I am talking about, ask the Indians who live abroad they know the image India had before and how slowly it is changing now, within few years people will start applying for immigration to India.
Jobs guarantee, Social Security net, infrastructure, sovereign worth, bonds and funds are all within reach of present India, it needs to be improved and very soon the proper steps should be taken to speed up the process and let the initial step of VAT be successful as soon as possible, we all will have to stop worrying about filing the returns of tax forms. This is all in the ages gone by, future India means business.
posted by smisbahuddin at 12:26 AM
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