Summary: Global domination is today sought to be continued to be exercised by the Oligarchy in the Western world by using Money, Trade, and the fear of Climate Change. Institutions and the systems, procedures, measures, and standards laid down by them are all designed to farther such domination. It is time we in India woke […]
Interse valuation of currency between two or more countries should be dependent on the value of the effort and resources invested in the products or services being traded, measured in an equitable way, and the premium payable based on the demand and supply situation. There has to be Trust in the Value of the assets backing each country’s currency measurable in a transparent manner.
Summary: In ancient times, the concept of Money allowed for a steady loss of value in accordance with Nature’s Laws? Overtime as the Money transactions become safer or more secure and the financial systems allowed for the concept of increasing value of Money due to compounding interest the financial system itself begins to operate in […]
Summary: Taxation, to the extent of enabling the Government to provide essential services is inevitable, but it should not be too burdensome on the real wealth creators. To be equitable its burden must fall on ALL proportionately and equitably. The Indian Income Tax (I.T.) regime is a spider-web of complicated rules that interact with those […]
Summary: While the Artha Kranti proposal is a clear example of the type of ‘out of box’ thinking that is required to sort out and improve on the problems and circumstances that we all face in our Country, this proposal is not practical. The preamble describing the present circumstances is fairly and accurately done, but […]
Summary: Pricing of Public Resources for sale or lease to Private Parties should be vide a proper auction process that protects the interests of the Public. Taxation should be fair, comprehensive and equitable. All Goods and Services are not the same. Some are Enablers whose consumption enables greater production of other Goods which in turn […]
Summary: Counterfeit Currency debases the value of the lawful currency, increases inflation and acts against economic progress. Counterfeiting Currency and circulating it is a crime and, if done in a Country by another Country, is an act of War. Demonetization of all high value currency and encouraging digital payments is an effective counter response. Simplifying […]
Summary: Confiscatory and ill-concerned tax regimes have motivated citizens to move their monies out of India. We need to now seek to incentivize them to get it back into India for the overall benefit of the Country. A single broad-based Goods and Services Tax regime and doing away with Income Tax will encourage proper tax […]
Wealth was always seen as representing such tangible resources as given by nature or those grown or domesticated or extracted.
Summary: A Dream Budget should not only be an exercise in accounting; it should be a Policy statement about how to bring about general prosperity for All. Populism and Protectionism should be minimum and based on rational appreciation of the long-term prosperity expected therefrom. History teaches us that both Populism and Protectionism are only short-term […]
