This message is doing the rounds on Whatsapp - seems interesting - what does think of this? Is it implementable? Pros and cons? Mr.Anil Bokil, one of the key member of Arthakranti Sansthan was given time to share to PM Modi before recent election. He was given 9min for sharing but Mr.Modi heard him for 2 hrs Arthakranti Proposal What is Arthakranti Proposal and who hasgiven the proposal? “Arthakranti Proposal” has been given by a Pune (Maharashtra) based “Arthakranti Sansthan” which is an Economic Advisory body constituted by a group of Chartered Accountants and Engineers. This funda has been patented by the Sansthan Arthakranti Proposal is an effective and guaranteed solution of Black Money Generation, Price rise and Inflation, Corruption, Fiscal Deficit, Unemployment, Ransom, GDP and industrial growth, terrorism and good governance What is in the Proposal?

PDF created with pdfFactory trial version www.pdffactory.com. Documents Similar To ArthaKranti Proposal. Skip carousel. Carousel previous carousel next. AnilBokil,oneofthekeymemberofArthakrantiSansthanwasgiventimetoshareto PMModi.Hewasgiven9minforsharingbutMrModiheardhimfor2hrs.

“Arthakranti Proposal has FIVE point of actions simultaneously (1) Scrap all 56 Taxes including income tax excluding import duty (2) Recall and scrap high denomination currencies of 1000, 500 and 100 rupees (3) All high value transaction to be made only through banking system like cheque, DD, online and electronic (4) Fix limit of cash transaction and no taxing on cash transaction (5) For Govt. Pretty much this. Charities That Have Vending Programs on this page. When I read the part about making large transactions bank only, in the other thread, the first thing i thought of was, people are just going to use other forms of currency. Foreign, gold, crypto etc.

What do you think happens to the rupee then? Like communism, this is an idea that depends upon people not being smart/selfish, i. Ajax Update Form Primefaces. e. Disconnected from reality. EDIT - Don't read into the BJP bashing in that link.

The author is quite anti-Modi, even if his points make sense. I'm completely clueless when it comes to these things.

Operations Management 11th Edition Solutions Manual here. Why is getting rid of large denominations a bad idea? Can you help me understand why it shouldn't done?

For whatever reason, US seems to have discontinued it. (All copied from wiki) US stopped printing high denomination notes ($500, $1000, $10,000, $100,000) by '45 and the federal reserve discontinued it in '69 by taking it out of circulation after an executive order by Nixon. All this happened long before electronic money came in. I read this demolition, and one part intrigued me. It said, FTT in Argentina failed, when it was introduced in addition to other prevailing taxes. I am curious.

Lets say this 2% thing is done, and other taxes vanish. Will foreign investment say. We do not want to pay 2% so we will go to other countries and deal with VAT/Excise/Income tax and import duties and stuff? I agree with many arguments of the rebuttal, but this argument of companies fleeing does not hold water.

Why would they leave a 2% tax area to go to higher tax areas. Let me give you an example. Many rich individuals often use tax havens to save on tax which is 33% or even more in some cases. Transfer to such havens involves holding companies and brokers and the net fees is almost 4-5% when you factor in all commissions. Now imaging with 2% FTT flat, and not other taxes, we will actually be cheaper. So there will be no flight of capital. The problems will be that • 2% is not enough.