Global Finance In 2015,AS PER REPORTS ON THE NET!

PLEASE VISIT -

http://silverstealers.net/tss.html
Gold price smashing and India's Gold Monetization Scheme have a connection.That is,scaring Indians, into selling their Gold into the said scheme!
It is reported that the central banks have sold their Gold at high prices,and they want buy them back at lower prices,after smashing the same.
The vested interest also,want the money to flow into equities,instead of Gold,so that the US Dollar could be strong.
Cashless Society,for confiscating the wealth of Indians via NIRP,is being planned.
NIRP will be ineffective with cash around.
Land,Silver,Gold,Cash and other tangibles are taboo,in a Cashless Society,which will be in force in India by 2018,as per reports.Cashless Society and the resultant,Electronic Transactions,will help the Hackers a lot,as an "entry point", is being provided to them,via the Electronic Transfer,which in "ordinary" Banking,is NOT available to the Hackers.
.......but by smart moves,in the changed and changing scenario,it is possible to increase one's wealth!

IMF And World Bank DICTATORSHIP Of India Under M M Singh

AS PER STIGLITZ,THE IMF AND THE WORLD BANK DEMAND THE FOLLOWING FROM NATIONS,RULED BY THEIR PUPPETS:-
1.PRIVATIZATION
2.LIBERALIZATION
3.MARKET-BASED PRICING
THIS IS HAPPENING IN INDIA.
PLEASE GOOGLE FOR:-IMF RIOTS

KEEPs In Touch With People

KEEPs In Touch With People
What A Sign!

Saturday, February 09, 2013

Tax Evasion,SEZs........

  Tax Evasion,especially,by MNCs is a serious problem.Not only are they benefitting by cheap labour,Resources like water,Power etc,but there are cases they evade taxes by the so-called."tax planning',when they are offered tax-concessions!!!
    THIS link is a very good read,on the subject matter.This link mentions about the huge losses in SEZs too.An extract from the link above:-
"38. The concessions, upon deeper examination, show that they are acting as avenues of tax havens for
big corporates and multinational giants. There are presently 578 formal SEZ approvals granted since
notification of the SEZ act in 2006, and of these, 325 have been notified. As on March 31, 2009, Rs
98,498 crore had been invested in the new-generation SEZs. It is estimated that the tax breaks,awarded to SEZs will cost the government more than £150 billion. It is estimated by the finance
ministry that the revenue loss on account of SEZs could be over $25 billion for 2007-10, which
would be nearly 4-5 per cent of total tax revenues of the government."
       The loss to the Government per Annum,as on 10/2/2013 is:-
British Pound = Rs 84.64.Hence  Rs 12696 Billion = Rs 1269600 Crores.Another annual 2 G spectrum scam multiplied 10 times!!
     A case study of the Polepally SEZ,Andhra Pradesh,shows the adverse impact on Human values,Culture,Society,Pollution, Coercion,politics,ethics, Local leadership,respect for traditional practices etc.

     Other interesting news;-
Shell India gets notice from IT authorities.
Nokia gets Notice.
What IT subsidiaries of the MNCs reportedly,do.
THIS LINK,provides among others the losses due to Tax Concessions and concludes with:-
".While the SEZ Act and SEZ Rules are steps
in the right direction aimed at providing
a momentum to growth in exports and
employment, it is essential that the tax
incentives provided for in the SEZ Act are fine tuned
with the present scheme of taxation. A
proper understanding between the Commerce
Ministry and the Finance Ministry would go a
long way in ensuring the same."
To be continued......

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