Whispers Forum — 2 May 2018
DEBATE (1)
Though Modi as PM has not been able to fulfill the aspirations of people, there does not seem to be any other competent person who can match his calibre as on date.
Harish
DEBATE (2)
I don’t think anyone else, from among the present lot of leaders, deserves to be PM.
Anas Ansari
Eye opening
There has been conviction in two high fly cases. Without any prejudice and going into details of the case, the inference and learning can be drawn. Govt. did not have much idea of asset accumulation to the tune of Rs. 10,000 crores and 400+ asrams. This money remains out of the Govt. system and may be forming parallel economy in the country. These trusts/asrams are serving (as claimed) to the welfare of people and society at large. Now let these trusts to serve the country as well and contribute to the GDP of the country. This can be done by making their receipts by way of donations/contributions taxable i.e. bringing their donations as taxable income thru an Amendment in Income Tax Act 1961. There will be two way gain first Govt. will come to know their income and liabilities along with assets details and secondly the revenue to the Govt. by way of taxes. Any how these trusts/asrams are serving people, now their scope of serving will increase towards nation also. Similarly most of the NGOs are run by celebrity of various disciplines, leaders, corporate houses etc. and serving to the people and if their donation or contribution is made taxable, they will serve to the Nation also by giving taxes to the Govt. and the Govt. will have all details about NGOs. Similarly there are hundreds of parties and having donations and contributions which is tax exempt. Let these parties should also serve the Nation and contribute to the GDP of the country by paying income tax on donation and contribution. Necessary amendment is needed in Income Tax Act 1961 to make the donations and contributions taxable of following entities: 1. Trusts/Asrams 2. NGOs 3. Parties This will be great service to the nation if their income is made taxable. Submitted to the Govt. for their kind consideration in the interest of the country. This will be another game changer after demonetization and GST. All the best.
Naveen
Though Modi as PM has not been able to fulfill the aspirations of people, there does not seem to be any other competent person who can match his calibre as on date.
Harish
DEBATE (2)
I don’t think anyone else, from among the present lot of leaders, deserves to be PM.
Anas Ansari
Eye opening
There has been conviction in two high fly cases. Without any prejudice and going into details of the case, the inference and learning can be drawn. Govt. did not have much idea of asset accumulation to the tune of Rs. 10,000 crores and 400+ asrams. This money remains out of the Govt. system and may be forming parallel economy in the country. These trusts/asrams are serving (as claimed) to the welfare of people and society at large. Now let these trusts to serve the country as well and contribute to the GDP of the country. This can be done by making their receipts by way of donations/contributions taxable i.e. bringing their donations as taxable income thru an Amendment in Income Tax Act 1961. There will be two way gain first Govt. will come to know their income and liabilities along with assets details and secondly the revenue to the Govt. by way of taxes. Any how these trusts/asrams are serving people, now their scope of serving will increase towards nation also. Similarly most of the NGOs are run by celebrity of various disciplines, leaders, corporate houses etc. and serving to the people and if their donation or contribution is made taxable, they will serve to the Nation also by giving taxes to the Govt. and the Govt. will have all details about NGOs. Similarly there are hundreds of parties and having donations and contributions which is tax exempt. Let these parties should also serve the Nation and contribute to the GDP of the country by paying income tax on donation and contribution. Necessary amendment is needed in Income Tax Act 1961 to make the donations and contributions taxable of following entities: 1. Trusts/Asrams 2. NGOs 3. Parties This will be great service to the nation if their income is made taxable. Submitted to the Govt. for their kind consideration in the interest of the country. This will be another game changer after demonetization and GST. All the best.
Naveen