Arthakranti Proposal-It will fully change India

Anil Bokil, one of the key member of Arthakranti Sansthan was given time to share to PM Modi.He was given 9mis for sharing but Mr.Modi heard him for 2 Hrs.....

Arthakranti Proposal

What is Arthakranti Proposal  and who has given 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.

Arthakranti Proposal is an effective and guaranteed solution of Black money Generation,Price rise and inflation,Corruption,Fiscal Deficit,Unemployment,Ransom,GPD and industrial growth,terrorism and good governance.

What is in the Proposal ?

"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,revenue collection  introduce single point tax system through banking system-Banking Transaction Tax (2% to 0.7%) on only credit amount.

important Points to note:

1) as on today total banking transaction is more than 2.7lakh crores per day, say more than 800lakh crores annually.

2)Less than 20% transaction is made through banking system as of today and more than 80% transaction made in cash only, which is not traceable...

3)78% of indian population spend less than 20/ - rupees daily , then why do the need 1000/- rupee note.

WHAT WILL HAPPEN IF " ALL THE FIFTY SIX TAXES " INCLUDING "INCOME TAX SCRAPPED"

1)Salaried people will bring home more money which will increase purchasing power of the family....

2)All commodities including Petrol,Diesel,FMCG will become cheaper by 35% TO 52%

3)No Question of Tax evasion ,so no black money generation

4)Business sector will get boosted ..so self employment..

WHAT WILL HAPPEN IF 1000/ 500/ AND 100 RUPEES CURRENCY NOTES ARE RECALLED AND SCRAPPED:

1)Corruption through cash will stopped 100%

2)Black money will be either converted to white or vansh as billions of 1000/500/100 currency notes hidden in bags without use will become simple pieces of papers.

3)Unaccounted hidden huge cash is skyrocketing the prices of properties,land,houses,jewelry e.t.c and hard earned money is loosing its value:this trend will stop immediately.

4)Kidnapping and ransom,"supari Killing" will stop.

5)Terrorism supported by cash transaction will stop.

6)Cannot buy high value property in cash showing very less registry prices.

7)Circulation of "Fake Currency" will stop because fake currency priniting for less value notes will not be viable.

WHAT WILL HAPPEN WHEN BANKING TRANSACTION TAX (2% TO 0.7%) IS IMPLEMENTED:

1)As of today if BTT is implemented govt can fetch 800 x 2% =16 Lakh crore where as current taxing system is generating less than 14Lakh crore revenue.

2)hen 50% of total transaction will be covered by BTT sizing 2000 to 2500 lakh crores,Govt will need to fix BTT as low as 1% to 0.7% and will boost again banking transaction many fold.

3)No separate machinery like income tax department will be needed and tax amount will directly deposited in state/central/District administration account immediately.

4)As transaction tax amount will be very less,public will prefer it...instead paying huge amount of against directly/indirectly Fifty six taxes.

5)There will be no tax evasion and government will get huge revenue from development and employment generation.

6)for any special revenue for special projects,govt can slightly raise BTT say from 1% to 1.2% and this 0.2%increase will generate 4,00,000 crores additional funds.

EFFECTS OF IT'S IMPLEMENTATION TODAY:

1)Prices of all things will come down..

 2)Salaried People will get more cash in Hand.

3)Purchasing power of the Society will increase

4)Demand will boost,so will Production and Industrialization and ultimately more employment opportunity for youth.

5)Surplus revenue to the government for effective health/education/infrastructure/Security/Social works.

6)Cheaper and easy loans from banks,interest rate will come down

7)Tendency of society will changes from scarcity to quantity

8)Spare money for Political system for clean  Politics

9)Prices of land/Property will come down

10)No Need to export beef to cover up trade deficit.....

11)Sufficient fund for research and development

12)Society will be free from "Bad elements"

This a very nice and simple compilation with logical impact..

"Arthakranti Proposal-it will fully change india" check this out on Youtube-

Forward it to all and spread awareness 

Jai Hind !!!!!