tips to save our economy..

as we know our economy is facing a turmoil these days rather years n i jus tried to sum up issues n policies by UPA whch cud/cudnt push forward our economic growth:

DECISIONS MADE BY UPA:

1) HIKE IN DIESEL PRICES AND RESTRICT THE SUBSIDIZED LPG TO HALF A DOZEN, ACCOUNTING TO A SAVING OF 21,000 CRORES TO ITS EXCHEQUER.

2)GREEN SIGNAL TO 51% FDI IN RETAIL..49% IN AVIATION..74% IN BROADCASTING SERVICES..49% IN POWER TRADING EXCHANGE.

3)RE-INVESTEMENT IN NALCO..OIL..HCL..MSTC.

4)HOLDING TAX SLASHED FROM 20% TO 5%.

5)PM FORMS A PANEL TO GIVE A FINAL LOOK TO CASH TRANSFER SYSTEM.

REFORMS IN THE PIPELINE AND DECISIONS YET TO BE MADE: 

1) EXPECT SOME REBATE IN SERVICE TAX IN INSURANCE POLICIES FOR FIRST YEAR.

2)APART FROM NATIONAL PENSION SCHEME, ALL OTHER PENSION SCHEMES MAY BE EXEMPTED FROM INCOME TAX.

3)INVESTEMENT IN INFRASTRUCTURE BY INSURANCE COMPANIES WILL BE NOW MADE EASY.

4)POST RETIREMENT MEDICAL SCHEME IS SUPPOSED TO BE TAX FREE.

STEPS THAT COULD ENCHANCE OR BRING A BOOM TO ECONOMY:  

1) LAND ENCROACHMENT BILL STILL PENDING.

2)STILL NO SERIOUS STEP TAKEN TO CURB THE CORRUPTION.

3)PENDING PENSION FUND REGULATOR ACT SHUD BE GIVEN A GO AHEAD NOW.

4)ALLOW FDI IN INSURANCE SECTOR AS WELL.

5)SLASH SUBSIDY FROM KEROSENE…LPG..DIESEL…PETROL.

6)COMMODITY AND SERVICE TAX SHOULD BE INTRODUCED.

how much these stuffs cud make us march wd d big dadys\’ like china,us,russia, dat tym will only tell but lets make it a point to introduce these if anyone among us presides over anyday our economy…

                        by: VEER ABHIMANYU