I think Amar Sigh reaised the issue, once mooted by Leftists to show left would reendorse the proposal sending industrialists running to him and PMO where underhand deals worth crores could be struck and deployed for horse trading before the cruicial trust vote. AKC
The Government should first impose high taxes, not only on cigarettes and liquor, but also on those who smoke and drink. The damage done by smokers and drunkards to the society at large exceeds the damage done by Reliance or other private companies. But in our country, the biggest drunkards are black money owners.
RE:IMPOSE WINDFALL TAX ON ALL DRUNKARDS AND SMOKERS FIRST...
by Anubhav Lal on Jul 16, 2008 08:25 PM Permalink
How about having windfall tax on slums and street hawkers who encroach public land and hence force people to spend more fuel in traffic jams
My dear, Fellow citizen ; I request every one that put pressure on political parties That they put in their manifesto following things for costituional ammendment and if they agree then vote to that party for full majorty and this will remove all evils from our country or atleast it will help to reduce the problems. 1. No M.P.should be allowed to remain in house more than two terms.Whether GOVT. comletes its terms or not.2.No M.P.should be less than Graduate in qualification wise.3. Age should not be more than 6o yrs at the time of filling nomination papers.4.Medical certificate of his/her fitness is required.5.His or her wealth asset to be declared and any thing found latter on to be confiscated without any trial.No medical claims to be allowed, only they should go to GOVT, Hospitals for treatment.7.Only public commitee will decide their perks, Parliament should have no powers to increse their own salary.8. Police should be kept under the controle of a commission and independent from political parties.9. only ministers and p.m.,c.m to be given security.10.Railway passes to be given only to and fro from costituency to attend parliament.11.Out side/abroad travel should be resticted. 12. Fleet of cars to be banned.13. All m.p. to be given 2 bhk flats only, not a banglow, only cabinet ranks and p.m./c.m. to be given Banglow.14. If any m.p. found having alchohal in their blood content or by breath analyser must be provision for imprisionment for 15 years. means total prohibition
RE:Fresh Election To BE CODUCTED.
by Amitabh on Jul 16, 2008 07:22 PM Permalink
You are living in a fool's paradise if you think that such noble things will ever be implemented. Why should a person join politics at all ? Do you expects politicians to be saints ?
RE:Fresh Election To BE CODUCTED.
by sharad Kumar on Jul 16, 2008 07:47 PM Permalink
I agree the public will not follow these rules so dont expect a politicician to follow them. introspect oneself and then expect from others...
The Government should first impose high taxes, not only on cigarettes and liquor, but also on those who smoke and drink. The damage done by smokers and drunkards to the society at large exceeds the damage done by Reliance or other private companies.
RE:IMPOSE WINDFALL TAX ON ALCOHOLICS AND SMOKERS..
by Inquilaab Zindabad on Jul 16, 2008 07:38 PM Permalink
Atleast it will be a great contribution to our country's revenue windfall tax impose of corrupt leaders.
windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country
RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by idris baxamusa on Jul 16, 2008 07:14 PM Permalink
it couldnt be better then that... i think u r dot on target.. JAI HIND!!!
RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by Aju Joseph on Jul 16, 2008 07:20 PM Permalink
Dont you think they aare already heavily taxed??
RE:RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by MGR Fan on Jul 16, 2008 07:25 PM Permalink
No, they should be taxed more... the destruction done by drunkards to the societyis huge.
70% of road accidents in this country is due to drunken driving. Of course, you will not understand unless your own near or dear becomes a victim.
RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by MGR Fan on Jul 16, 2008 07:24 PM Permalink
How about windfall tax on all people who drink and who smoke? That would be a great way to save the country and also reduce the health problems due to drunkardness.
RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by Inquilaab Zindabad on Jul 16, 2008 07:37 PM Permalink
Atleast it will be a great contribution to our country's revenue windfall tax impose of corrupt leaders.
RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by Sonjoy on Jul 16, 2008 08:11 PM Permalink
do you think that the crores the MPs made were in taxable form. na .. it must be more in tijori cash non disclosed income form.. so where is the question of taxing the gains.. Yeh India Hai. Jo disclose nahi karta wohi sunhi hai..
RE:RE:windfall tax on BJP and congress MPs. They made crore of profits by being in politics and spending crores in election. If we can collect tax then it will be good for country.
by Sonjoy on Jul 16, 2008 08:12 PM Permalink
sorry i meant Jo disclose nahi karta wohi sukhi hai
THE WPT SHOULD BE IMPOSED ON ALL THE MINISTERS ACCORDING TO THEIR PORTFOLIOS AS THEY EARN MOST SOON AFTER GETTING THE PORTFOLIOS . SECOND IT SHOULD BE IMPOSED ON THOSE MP AND MLA WHO CHANGE SIDE ON HORSE TRADING
The FM and Petroleum Minister has time and again reminded that the Oil Marketing companies are losing more than Rs 10K crores a month because of the subsidy on Petroleum products. Ultimately the onus of paying comes either on the tax payers or share holders of the Oil Marketing companies.
All this while private refiners like Reliance are raking in huge gross profits of more than 1000 crores a month. WPT will ensure that the burden is equitably shared amongst those companies making abnormally high profits because of the high crude prices. ONGC is already contributing a substantial sum by way of discounts and there is no reason why Reliance should not be asked to also pitch in for a worthy cause.
Otherwise the debt burden by way of Oil bonds will become unmanageable and the government will be left with no choice but to increase the tax rates across categories. Considering the difficult situation, an early and quick decision in favour of WPT will ease the situation considerably.
RE:Who will pay for the subsidies on Petroleum Products
by prabhat mohanty on Jul 16, 2008 08:08 PM Permalink
- Reliance was forced to close down the petrol pumps because it could not sell petrol at subsidised rates that the PSU's were selling.
RE:Who will pay for the subsidies on Petroleum Products
by idris baxamusa on Jul 16, 2008 07:17 PM Permalink
then where was the govt when a month back reliance had to shut down all of its petrol pumps across teh country bcoz govt oil marketing firms got the subsidies while reliance essar n like didnt get anything....
RE:Who will pay for the subsidies on Petroleum Products
by Hemant Agarwal on Jul 16, 2008 07:28 PM Permalink
The Oil Marketing companies are selling the fuels at a fixed price unlike Private companies who are free to charge any price. That is considered a part of the govt attempt at stabilizing prices. Hence the subsidy. Unlike the private companies, the PSU's do not have the option of closing down the outlets and cutting the losses.
RE:Who will pay for the subsidies on Petroleum Products
by abhijit majumder on Jul 16, 2008 07:01 PM Permalink
From ur post it seems that u hv a good idea about this oil economics..can you explain in a more details plz...i am really confused how the same private companies were said to have loss a few months back and now is said to have huge profits??.
RE:Who will pay for the subsidies on Petroleum Products
by Chintu on Jul 16, 2008 07:08 PM Permalink
All those talking in favour of Windfall tax may please answer this: 1. why this clamour was not there when oil prices were low. 2. Is the Govt subsidizing the pvt oil companies? If not whether it would be legimitate to impose tax on them now just because of the rise in oil prices? 3. What about the tremendous amount of risk and investment by these pvt oil companies have taken ? 4. The pvt oil companies are already paying income tax excise etc. Why should they be taxed again.
Basically people have strong views in this case because of the alleged involvement of the Ambanis and the views on Amar Singh in the matter. However, we must see it from a logical and legal aspect. If the Govt acts arbitarily in the matter no pvt player would ever risk such high investment ventures in India again.
RE:Who will pay for the subsidies on Petroleum Products
by Anubhav Lal on Jul 16, 2008 08:31 PM Permalink
In fact all investment by private players in oil industry should be subsidized
RE:RE:Who will pay for the subsidies on Petroleum Products
by Hemant Agarwal on Jul 16, 2008 07:36 PM Permalink
1. Windfall Tax is not an ordinary tax and is only thought of in extreme situations. 2. The Govt offers various incentives for Pvt Ltd companies and the EOU status for RIL is one of them. In the past, whenever any industry has gone through a crisis, the govt has extended a helping hand. A case in point is the Textile Mills in Mumbai. Therefore when any industry is doing fabulously well, the govt can logically ask it for an extra contribution. 3. No body is asking that these companies should be taxed so hard that they turn loss making. The request is for a limited period until the crisis blows over. 4. Every industry is paying those taxes and eventually recovering from the consumer. No big deal.
RE:Who will pay for the subsidies on Petroleum Products
by MS on Jul 16, 2008 08:23 PM Permalink
what crisis is going to blow over?. Oil prices will never go back to 40 dollars per barrel.
did anyone ask for IT industry to be taxed?. They are STILL making windfall profits
We have come to a state where the politicians have ruined this country. We could handover our country to some management team on a retainer basis probably. It is only the tolerance of our people that has kept a revolution at bay. Inflation at a record high, water shortages, pathetic food distribution system, abysmal medicare for the common man, education system being continually damaged and yet our people tolerate bad governance...
RE:POLITICIANS HATAO
by Anubhav Lal on Jul 16, 2008 08:33 PM Permalink
Gautam wants to be head of that management team. Looks like he has got a new MBA degree
RE:POLITICIANS HATAO
by sharad Kumar on Jul 16, 2008 07:57 PM Permalink
Gautam the reason is people like you, drawing room protestors .what will management team bring.... business corruption is at least 100 time slarger than political corruption.Blogers have ur basics correct before making fundamentally wrong comemnts based on ridiculous assumption.Few things can be ably handled by government only and its not only politicians that have ruined this country.
