When Indian Citizens pay upto 30% tax + Wealth tax The FDI companies registered (through Mauritius or Cayman Islands) pay nothing in India but in Mauritius they pay 3%... Friends read about Vodafone tax evasion case, Cox and Kings case... In FDI (Foreign Direct Investment) foreign companies ( like US companies where Rate of Interest is 5-7% can avail loans/capital from US Banks & invest in India ) while Indian businessman who take loan from Indian Banks where ROI is above 15% - after paying interest for debt he will earn profit ; So pricing by US / Developed nation FDI retail will always offer lowest prices... And our local retail chains will end up in DEBT... Ex. 1 TV priced at 1000 Rs if Walmart sells items taking 10 % margin, they can keep 3% & 7% can go to Debt Interest but Indian retail mart will sell taking 17% profit...because Indian retailer has to pay Interest at 14% then remaining 3% will be his/her profit.. so our Govt policies are not at all in favour of Indian businesses. Also to attract foreign investments like FDI & FII, Govt gives tax benefits/discounts to foreign companies but no discounts for local companies.. We dont just want to save our money being consumer but other wise our Industrialist will die do due to DEBT.. and we will be victims of MonoPoly in future of Foreign companies... Bad policies , Bad vision, Bad Governance will not lead us to India 2020 vision of APJ Kalam Where is our World known Prime Minister Man Mohan Singhs leadership ?? Is that useful for India or other nations ?? AAP ke thoughts are limited to Gas price which can be tackled internally anytime but right foreign monetary policies will definitely bring lots of revenue for India.
Posted on: Mon, 31 Mar 2014 17:39:21 +0000
Recently Viewed Topics
© 2015