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Q.

A few medicine for the FINANCE DEPARTMENT- be they unpalatable to the common public:
a) Allow further incentives & tax-exemptions on EXPORTS.
b) Interest on BANK DEPOSITS M U S T not be more than 2 % PA
c) Interests on AGL/Industrial LOANS MUST be @ 3 % PA.
d) Withdraw all "SUBSIDIES" from all spheres & all sectors , completely.
e) Allow liberal incentives @ 15 % to all informers on TAX-EVADORS / BLACK-MONEY HOLDERS & CORRUPT PERSONS.
f) Allow Capital Punishments for Economic Offences too.

Tags: money, relationships, deposits
Asked by Kanai Chakraberti, 24 Jun '12 07:30 pm
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Answers (2)

1.

Declare a set date by which all those who have undeclared moneys in India and undeclared moneys abroad to declare them. After the set day, make a law stating that all such moneys if not accounted or declared would become the property of Indian government. Ask the foreign banks to account for all such undeclared accounts. If the banks refuse, pack off their branches operating in India. Ask the local banks not to accept such noncooperating banks' letters of credit/guarantees for any transactions. Make economic offences criminal one and put the offenders when convicted to life imprisonment and their properties in India attached.
Answered by mandook, 24 Jun '12 09:32 pm

 
  
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2.

Substitue for all the above:Bring back indian money lying in foreign banks to india and put into economy.F:not acceptable(likely be miss used)
Answered by bhaskara rao, 24 Jun '12 07:35 pm

 
  
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