CENTRAL EXCISE DAY- THE 24th FEBRUARY

The logo is no way used in Official Capacity

Today the February 24^th is celebrated as Central Excise Day by the Central Excise department.  The day marks enactment of the Central Excise Act  in 1944. Indirect taxes, in India had been a major contributor to the Gross Domestic Product. To say it right, Indirect taxes are the mainstay of India’s tax system. The central excise duty, leviable on the production or manufacture of goods ranging from aerated waters to zip fasteners, had been the single most important source of revenue, accounting for about one-third of consolidated (the Central, State and Union Territory Government) tax revenues and about one-fourth of current revenues. Ten major commodities (e.g., crude oil, motor spirit, cement) currently account for 52.6% of the total central excise duty collections.

Of the indirect taxes, the Service Tax have exceeded the excise collection for the past few years. Service sector has enormous potential of tax collection. In the year 2010-11, the Central Excise and Service Tax contribute about 18% and 48% of the GDP respectively.

The Ministry have hiked the Central Excise from 8% advalorem to 10% with effect from 27^th Feb,2010. On looking at the tax income, contribution of Central Excise is on the lower side. The reason may be various.

It is better if the ministry brings down the rate of excise duty and increases its tax base. In most of the industrially developed nations, the rate of excise duty is far less than the Indian rate of duty, but the number of assessees and duty compliance are at the high end. These measures will, in the long run, result in increased tax base and tax collection. (The bell curve-inverse ‘U’).

Steps may be taken by the  Ministry of Finance

1.         To bring about uniform rate of duty to majority of the goods manufactured, avoiding the plethora of exemptions and concessions except most essential commodities, medical commodities according to its merit.
2.      To ensure minimum rate of duty for the manufactured products to achieve better tax compliance. This measure could lead to the increased production, increased number of industries, increased employment opportunities and obviously increased share of Excise duty in the GDP.
3.      Spending a little more for developing the infrastructure of the department. A little increase in the operational cost of the tax collection could result in better and efficient tax collection. For example, constructing Office buildings, providing required stationeries, effective implementation of ACES system which connects all the Commissionerates and the Ministry.
4.      Avoiding biasness among its Offices- For example, the infrastructure bestowed to the Large Taxpayer Unit Commisonerates is more than required whereas the conventional commisionerates and Divisions sometimes officiate in rented buildings
5.      Keep vigil in the functioning of Commisionerate Offices and ensure corruption free tax collection.

The steps are quite easy to pronounce, and tough in practicality. Still, result of the measures would be, the increased tax collection-increased allocation and increased standard of living of people; Grossly.

I extend all my greetings and my salutes to the Sentinels of Economic Front of India on this Central Excise Day 

A Reply to the comment on 'WHAT THE HELL'

I received an fierce, rather angry comment on the article titled ‘What the hell?’.  You can have a look at it, clicking the comment link below the article.  

1.    Comment                       

      When a person goes to another country, they have to follow the rules of that country. Indians have a problem of taking everything personally very soon. They make it a matter of pride even when its not required. Wouldn't the Indian govt. do something of the same sort if they did not want people from some other country to disappear. Of-course, the Indian govt does not have a budget to radio collar people, and secondly, even if they did have a budget, it would still be impossible for them to keep a track of all the illegal immigrants coming into India everyday. Weather its from countries like Burma, or Bangladesh or Srilanka or Nepal.

2.        As far as your comment on sexual maturity of the kids in the US is concerned, I really do not understand how was that related to the main topic??? Or do you think kids in India do not reach sexual maturity or aren't sexually active till they turn 16-17??? Or are you still living in denial???

3.        If they have condom machines on campus, then maybe you should appreciate them on taking steps to stop STDs and more specifically AIDS. Or maybe you dont know that the age of consent for sex in some states in a country like India is 12years?

4.       Indian school and colleges teach things that are obsolete, things which most students never make use of in their entire life. Maybe thats why , engineering students in India are studying MBA, and those with an MBA, work in a sector which has nothing to do with MBA. Why the misdirection? Studying abroad is lucrative because a foreign degree will get you an edge in the jobs market anywhere in the world. And isnt that what everyone wants? A better chance than the others in today's competitive, cut throat world??

5.       As far as the quality of education is concerned, countries like USA have institutions like MIT, Harvard which contribute to the nation as well, apart from educating people. What have institutions like IIMs and IITs done for India? Except for contributing to the rat race, suicides, and increasing their tuition fees manyfold???

Open your eyes, and come out of the denial you are living in.

Dear Friend,

I am bound to answer on the anonymous comment. I have to separate the accusations first. 

1.     No doubt, the migrants have to follow the laws of the land. But my friend, there is a law above all the laws-that is natural law. Natural law includes human rights also. I am not talking about luxurious Human Rights. How can you justify a state imposing radio collars for migrated students? Are they criminals with any previous records? That’s what you wanna say? If that’s the case I would support the tracking. The immigration have to be controlled to keep the social balance. But no country chains its immigrants. They may be watched-like how we do with the Srilankan refugees, but not like this. Simple solution is this-collect their biometric data (like finger prints-body fluid samples etc) and catch them if something happens. 

2.      About the sexual maturity of the children- I wrote that ‘99 out of 100 sexually excel before they enter eighth grade’.   I was talking about the cultural decay of the western society. I don’t actually subscribe to the ‘CULTURAL’ crap. I am no fascist. But my friend, Sex is a hidden treasure. One can explore and enjoy sex completely at the end of teenage. This is biologically proven fact. I don’t deny  what you said on Indian sexual maturity. 

I read, heard a lot about Indian urges. But couldn’t you see a smokescreen in Indian sexuality? It is hardly ‘see through’. But in the western societies nothing is hidden. Nothing is glorified. Divorces, rapes, early pregnancies (Papa! Don’t preach-Madonna in eighties), adulteries. Talk closely, to an American return. You will come to know (Presuming you are an Indian, and never visited west). 

Please don’t you worry about whether am I still on denial or not. This is a little too personal. Don’t you think? You actually touched my ego asking the 'denial' question.

3.          I admit that the condom vending machines are actually good. You will find one in JNU, New Delhi also. One thing I ask you dear! Is abstinence so bad? I am telling to abstain from sex till you find your best partner and preferably after you got married. The lovemaking should turn the love into a baby. (Watch the movie ‘17 again’- I  reproduced the dialogue of the lead actor in his classroom on ‘Human Sexuality’).

About the age of consent- you are not clear. Are you talking about India or some other countries? Laws are man-made. In the beginning of this reply, I told about natural law. It is above all the laws.  If you be the law maker, you can even let your people mate at the age of 5.   

4.    4. Obsolete education- 

When India in was nuclear isolation, couldn’t we achieve a Fast breeder reactor? Couldn’t we excel the PWHRs? ISRO was started, when America claimed that they have landed the moon. Couldn’t we achieve chandraayan? Which professor took classes to our Indian scientists? 

Yes! American Universities impart better education than anywhere else. But why to go there? All the foreign universities are coming to India. The universities bill was passed in our legislative houses.

You are talking about the cut-throat world. So you also wanna be one of ‘em. Don’t you?

MBA is a course teaching how to suck blood of the labour class without them feeling pain- a study of leech business. I don’t include the MBA (HR). Just think over it. You will understand. It seems your justification for studying in foreign universities, is money ,not  education.

MONEY! MONEY! MONEY!

In 1870, the disparity between the most developed and the least was 1:5 in all parameters. In 1990 it was 1:45. In the span of 120 years (from 1870 to 1990), the disparities between haves and have-nots grown 9 times. All because of the crazy race of the world for money. Money is equaled to labour. This equation lost its meaning in the crazy race. (Try reading the ‘Theory of Surplus’ by Marx).

5.                                                                                                                                                                            5. What IITs have done?

My dear! Where are you?  Go to the industrial clusters of Bangalore, Chennai, Coimbatore, Kolkata, and Mumbai-Surat conurbation. The IITians are doing great job for the country’s industrial development. I know many people from IITs running Million dollar industries and contributing excise duty.No comments on IIMs.

I still don’t deny the American universities’ contribution for America's progress. 

You are very worried about a few suicides in the IITs and IIMs. I am worried about the  suicides of one lakh goddamn lives in 5 years. All peasants. In the strangle of money lenders, of banks, with no credit facility one lakh peasants were dead. Ask a loan for a car-you will get instantly. Try the same for a cow. You will come to know. The number one lakh, is more than the number of dead bodies in three Indo-Pakistan wars.

If they increase the fees of IIMs and IITs, boycott it. Study the same in a REC or any other govt college. I have talked to a few IIMians and IITians and understood how hollow they are.

     

      My dear friend! I am talking the truth it is always bitter! My eyes are wide open, friend! I keep them wide till I shed tears! Again I keep them wide! 

Read a bit more! Diversify your readings! Go back to your moral books what you studied in school! My morals may not suit to your ‘cut-throat world’. But morals are morals. Its not necessary for one to be in denial to advocate morals. If you want only to argue and oppose my opinions-as you wish. If you wanna understand the truth, try searching it.

I welcome your comments not as anonymous-but with your mail id.

Note:

Please do not think me a NATIONALIST with this reply. Actually I am not.

SOME SAY IT IS WRONG

My wishes to you all on this Valentine's day. We meet after a long time. Personally I am not favoring Valentine's day. Am I really against it? or do I support it? Frankly, I am a little confused. Today is celebrated as the day of love. Very well. In fact all the days are the days of love. isn't it? 

Fr.Valentine, who was a clergy man supported the love marriages in the then backward western society. Some say, he himself loved a woman and fought against the nun rulings of the church. whatever it was! Today, the February 14th is celebrated as the lovers' day. 

The day is celebrated for the love between a male and a female, not of a siblings'- not of a sibling relations- but of a kinda love that's between grown adults tends to create offspring. 

Lemme come straight! I strongly support animals and animal's instincts cos that' seems more true to me. Man is a socialised animal. I think the socialisation is the main cause of troubles of the mankind. 

The attraction of male into a female and vice versa is just spindled by the harmone secretions. More the harmone More the love.  More the love more the lovemaking. More the lovemaking more the love/children. This is a vicious cycle.

I have an opinion on valentine's day! The true symbolising of love will be ascertained only when the gender equality is achieved, Castes are abolished, caste fanatics are dead, religious traders are out, everyone educated, equality in means of production and socio-economic life etc. Before those are achieved, the celebration of love seems pretty VULGAR to me. It means a doggy style ceremony to me. 

LOVERS PLEASE EXCUSE!!! 

WHAT THE HELL?

Indian students studying in Tri-Valley University are radio collared to monitor their movements. Believe me; India is planning to radio collar the Tigers. To monitor their movements and preservation. Now we are following the ‘punch holes’ method. In American prisons you will find radio colloring. The inmates of the prisons are strapped with an irremovable radio collars. It is helpful to trace them within the premises or in the event of great escape. Have you seen ‘Casino Royale’- Bond movie? You will come to know what is radio collaring.

Indian Students' Plight is nevertheless than this 

I want to ask a question to Indian parents. WHAT THE HELL DID YOU FIND IN UNIVERSITIES ABROAD?

70 out of 100 American youth cannot understand headlines and the context of a Newspaper!

99 out of 100 sexually excel before they enter eighth grade. You will find condom vending machines in all the high school. 

YES! 

American professors win Nobel. What your kid can learn from a Nobel won professor. Most of the Nobel laureates are worst teachers! Dear parents! America is falling in its educational standards whereas India and China is rising as intellectual powers.

A friend of mine went to Australia to study ‘Event management’. He was a drop out for one or the other reason. He could not settle down till now. I always tell him had he studied a simple BA degree in India, he would have the qualification to write some government exams-at least!!

  Radio collaring of students is an outrageous step by an educational institution. This is done only to Indian students- Of course the university is full of them.  

This event reminds me the act of apartheid South Africa against the immigrants. The apartheid South African government ordered the immigrants to carry their registration certificate failing which they would have to face imprisonment. Gandhi organized sathyagraha against it –the government repealed the act.  

The external ministry reacted vehemently but short lived. SM Krishna finds it as a local law. See this! See the plight of Indian students!! How funny?! Indian foul cries will not resolve the issue. Indians should understand the educational potential of India. Parents should wither the pride educating their children in an alien developed country.