Arthakranti

ArthaKranti
A design towards Principled, Prosperous & Peaceful living
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Wednesday, March 11, 2015
ArthaKranti

Animations
Presentation
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Statistics
Vision
Social Reality
Economic Reality
Current Reality Loops
Local Industry
Vision
Social Reality
Economic
Reality
FDI
Credit
Expansion
Credit
Establishment
Bank Money
Direct &
Indirect tax
Proposal
Appeal
Revenue after
BTT
Commodity
Prices
Currency
Calculations Denomination
Credit Cycle
Internal Borrowings
Banking System
Disinvestment
Anti-Social Industries
High Denomination Currency
Farmers Suicides
Proposal
Effects of Proposal
Strategy
Appeal
Flawed Taxation
System
Linked Proposals
Empowering Democracy
Social Security Scheme
Terrorism Analysis
Proposed
System
Strategy
ArthaKranti
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Vision
Vasudhaiv
Kutumbakam
Capital
Formation
One
Economy
Revenue for
Effective
Governance
ArthaKranti
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ArthaKranti
Economic Reality
Complex
Taxation
system
Interest on
External Debt
Cost of
running Government
National Security
Infrastructure, Agriculture,
Needs of Common man
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Effects of Fiscal Deficit on Local Industry
Poor
Infrastructure
Unemployment
Social
Insecurities
Uncompetitive
Local Industry /
Trade
Reduced Rural
Purchasing
Power
Policies
Influenced by
Foreign Interests
Local Agriculture
Rendered
Uncompetitive
Attract FDI
Subsidies
Curbed
Fiscal Deficit
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Effects of Fiscal Deficit on Credit Cycle & Government Revenue
Unemployment
Uncompetitive
Local Industry /
Trade
Social
Insecurities
Inflation
Deficit
Budget
Fiscal
Deficit
Hard Credit
Policy
Purchasing
Power
Reduced
Conservative
Lending
Inadequate
Tax Revenue
to Govt.
NPAs
Increase
Inadequate
Capital Supply to
Economy
Low Demand
/ Recession
GDP Growth
Slows Down
ArthaKranti

Effects of Internal Borrowings on Fiscal Deficit
Internal
Borrowings
Spent on NonDevelopmental
Activities
Fiscal
Deficit
Inadequate Tax
Revenue to Govt.
GDP Growth
Slows Down
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Effects of Fiscal Policy & External Borrowings
on Credit Policy & Banking System
Threat to Local
Banking System
National Policies
Influenced
Fiscal
Deficit
Expensive
Capital
Lending Rates
Increase
External
Borrowings
Bank Interest
Rates
Increase
Tax Rebate + High

Interest Rates on
Savings
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Effects of Fiscal Deficit on Disinvestment Policies & Reduced Social Spending
Fiscal
Deficit
Reduced Social
Spending
Public - Private
Partnership
e.g. Toll
Cost Burden
Passed onto
Common Man
Purchasing
Power Reduced
Pressure to
Disinvestment
Threat to
Organized
Employment
Govt. Control Lost in

Essential
Commodities [e.g.
Oil, Medicines etc.]
Scope for Market

Exploitation
Severe Impact on
Weaker Sections
Social
Insecurities
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Effects of Fiscal Deficit on Anti-Social Industries
Increased Congestion,
Accidents, Pollution
Direct Ill
Effects on
Public Health
Promoting Increased
use of Oil
Automobiles
Increase in oil
Import Losses
(Subsidies)
Fiscal
Deficit
Social
Insecurities
Lack of
infrastructure /
public amenities
(e.g. public transport
system)
Promotion of
Liquor, Gutkha,
Cigarettes
Inadvertent Promotion of
Anti-Social Industries
Promotion of
State Run Lottery
Schemes
ArthaKranti
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Effects on Taxation System & High Denomination Currency
Uncompetitive
Local
Industry /
Trade
GDP Growth
Slows Down
Inadequate
Capital
Supply to
Economy
Poor Credit /
Capital
Formation
High
Input
Costs
Expensive
Capital
Social
Insecurities
Fiscal
Deficit
Poor
Governance
Inadequate Tax
Revenue to Govt.
Parallel
Economy
Tinkering of
Taxation System
Black
Money
Non Traceable
Transactions
Flawed Taxation
System
Tax
Evasion
Ease of Cash
Transactions
Less Use
of Banking
System
Large
Denomination
Notes
Corruption
Inflation
Fiscal
Deficit
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Effects of Fiscal Deficit on Credit Cycle & Farmers Suicides
Farmers
Suicides
Social Unrest
Unjust Borrowings
from Private Sources
Inflation
Low Credit Supply

to Agriculture
Hard Credit
Policy
Individuals Credibility
NOT Established
Deficit
Budget
Fiscal
Deficit
Poor Credit /
Capital Formation
Less Use of
Banking System
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Flawed Taxation System

Narrow Base and Limited Coverage of Direct Taxation
Direct to Indirect Tax Ratio is 44:56 Show
Inequitable and hence Regressive Show
Non-Productive
Uncertain
Inelastic
Show
Show
Show
Uneconomical
Show
Complex nature of taxes
Show
Tax laws open for interpretation
How should it be
Show
Show
Statistics
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Currency Denomination
Country
Per Capita
Income
Highest
Denomination
USA
$ 40,000
$ 100
400
UK
20,000
50
400
Japan
40,00,000
10,000
400
India
Rs. 46,000
Rs. 1,000
46
Currency Denomination Distribution
Per Capita Income /

Highest Denomination
ArthaKranti
Credit
Establishment
Less Use of
Banking System
Obstructs Credit
Registration of a lot
of Citizens in the
National Economy
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ArthaKranti
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ArthaKranti Proposal
Withdrawal of Existing Taxation System Completely* (except Customs/Import Duties)
* All Central, State and Local Government Taxes Direct and Indirect
Every Transaction routed through a bank will attract a certain deduction in appropriate
percentage as Bank Transaction Tax i.e. Single Point Tax Deducted at Source (say 2 %)
This deduction is to be effected on receiving/credit account only
This deducted amount will be credited to different Government Levels like
Central, State and Local (as say 0.7 %, 0.6 % and 0.35 % respectively)
Transacting Bank will also have its share in this deducted amount (say 0.35 %)
as the Bank has a key role to perform
Cash Transactions will not attract any tax
Withdrawal of High Denomination Currency (say above Rs. 50)
Government should make legal provisions to restrict cash transactions up to a certain
limit (say Rs. 2,000)
This means, Cash Transactions above this limit will NOT enjoy any legal protection.
ArthaKranti

Effects of ArthaKranti Proposal
Tax Revenue
Increases by Orders
of Magnitude
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Adequate
Revenue to
Government
Adequate
Revenue to Govt.
Show
Increase in
Banking
Transactions
High Value Cash

Transactions
Not Practical
Bank Transaction Tax

(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)
Legal Provision Made

Restricting Cash Transactions
up to a Certain Limit
(Say Rs. 2000)
Existing Cash
Deposited in Banks &
Attracts BTT
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Black Money
Eliminated
Adequate
Revenue to
Government
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Anti-Social and AntiNational Elements

Effectively Checked

Effectively Checked
Opportunities
for Corruption
Eliminated
Tax Collection
is Simplified

(Say 2%)
Fake Currency
Eliminated
High Denomination
Currency is Removed
(Say above Rs. 50)

(Say Rs. 2000)
Existing Cash
Attracts BTT
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Industry Trade,
Supply
Stimulated
Adequate
Revenue to
Government
Market Demand
Boosted
Increase in
Banking
Transactions
Part of BTT
goes to Banks

(Say 2%)

Effectively Checked
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Industry
Trade, Supply
Stimulated
Purchasing
Power of
Society
Increased
Cheap and Easy
Capital
Net Banking
Revenue
Increases
High Denomination
Currency is Removed
(Say above Rs. 50)
Globally
Competitive
Interest Rates
(Say Rs. 2000)
Existing Cash
Attracts BTT
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Cheap and Easy

Capital
Prices
Drop
Show
Commodities and
Services are FREED
from Tax Influence

(Say 2%)
Adequate
Revenue to
Government

Effectively Checked
Anti-social and antiIndustry

national
elements
Trade, checked
Supply
effectively
Stimulated
Purchasing
Power of Society
Increases
Market Demand
Boosted
Focus Shifted to
Innovation from
Tax Manipulation
High Denomination
Currency is Removed
(Say above Rs. 50)
Industry Trade,
Supply
Stimulated

(Say Rs. 2000)
Existing Cash
Attracts BTT
ArthaKranti

Adequate
Revenue to
Government
Industry Trade,
Supply
Stimulated
Industry
Trade, Supply
Stimulated
Money Supply
Regulated
SLR
Revised
Adequate
Revenue to
Govt.
Tax Revenue
Increases by Orders
of Magnitude

(Say 2%)

Effectively Checked
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Black Money is
Converted into
White
High Denomination
Currency is Removed
(Say above Rs. 50)

(Say Rs. 2000)
Existing Cash
Attracts BTT
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Social
Security
Restored

Effectively Checked
Empowered
Government
Govt. Debts
Checked
Effective
Governance
Industry Trade,
Supply
Stimulated
Employment
Opportunities
Cleansed
Political System
Black Money
Eliminated
Budgetary
Provision for
Political System
Fiscal
Deficit
Recovered
Adequate
Revenue to Govt.

(Say 2%)
High Denomination
Currency is Removed
(Say above Rs. 50)

(Say Rs. 2000)
Globally
Competent
Agro-Segment
Appropriate
subsidies
Existing Cash
Attracts BTT
ArthaKranti
Increased
Purchasing
Power
Building
Individuals
Credibility
Cheap and Easy
Credit
Availability

Effectively Checked
Decentralized
Revenue
Collection System
EMPOWERED
INDIA
Revenue for
Banking
Budgetary
Provision for
Political System

(Say 2%)
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Elimination of
Black Money
Social Security
Scheme
Industry,
Trade, Supply
Stimulated
Tax Burden
Reduced with BTT
Creativity FREED
from Tax
Manipulation
High Denomination
Currency is Removed
(Say above Rs. 50)
Elimination of
Means & Motives
for Corruption
Adequate
Revenue to run
Govt. Programs

(Say Rs. 2000)
Existing Cash
Attracts BTT
ArthaKranti
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Jai Hind!
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ArthaKranti
Distribution of Central Governments

Direct & Indirect Tax Revenues
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All figures in Rupees Crores
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Distribution of State Governments

Direct & Indirect Tax Revenues
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Distribution of Central & State Governments

Combined Direct & Indirect Tax Revenues
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Distribution of Centre & State Governments

Combined Direct & Indirect Tax Revenues for the Year 2010-2011
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Highest Three Denominations account for 95 % of the Total Currency Money

while 37 % of our Population is below Poverty Line with Poverty Line = Rs. 20/-
ArthaKranti
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Comparison of Currency Denomination Distribution: Indian Rupee & U. S. Dollar
Note: Absence of Denominations Larger Than $ 100 in U. S. and the fact that
considerable part of the U. S. Currency in $ 100 and $ 50 Bills is in use outside U. S.
it being an International Currency.
ArthaKranti

Credit Expansion through Banking System
Banks
Primary
Deposits
Cash Reserves
Loans / Derivate
Deposits
20001
200
18002
1800
180
1620
1620
162
1458
1458
145
1313
1313
131
1182
Eventually
20,000
2000
18,0003
1 - Original Primary Deposit

2 - Original Excess Reserves
3 - Total Capital Formation through Credit Expansion with Original Primary Deposit of Rs. 2000
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ArthaKranti
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Analysis of Commodity Prices
Product
MFG Cost
Taxes
Sales Price
Chinese Cost
Cement
Bag
90
~ 160
~ 250
72
Motor
bike
21,000
21,000
42,000
25,000
Petrol
35 / liter
38 / liter
73 / liter
20 / liter
45 / liter
Diesel
All figures in rupees
25 / liter
ArthaKranti
Sample Calculations
Narrow Money (Transaction Money) (M1) = Currency Money + Demand Deposits
For year 2010-2011
Currency Money
= 9,50,000
Demand Deposits
= 7,18,000
Narrow Money (M1) = 16,68,000
Assuming 20 % of M1 to be active in Daily Bank Transactions,

Amount of Money in Daily Bank Transactions (D1) = 3,33,600
Amount of money in Yearly Bank Transactions (Y1)
= D1*365 = 3,33,600*365 = 12,17,64,000
Consider Bank Transaction Tax as 2% (notional) with shares of Central
Government=0.7%, State Government=0.6% and Local Government=0.35%.
Combined Revenue for Centre (0.7%) and States (0.6%) = Y1 * 1.3/100
= 12,17,64,000 * 0.013
= ~ 15,83,000
Revenue of State Governments (0.6 %) = ~7,31,000

Revenue of Local Governments (0.35 %) = ~4,27,000
Revenue for Banks (0.35 %)
= ~4,27,000
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Dependency on FDI
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Dependency on FDI
China
India
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ArthaKranti
The ArthaKranti
National Reform Bill
The ArthaKranti
Doctrine
Show
Implementation
Members of
Parliament
Political Leaders
& Parties
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The Citizens
Charter of Demand
Business
Leaders
Experts
Media
Show
Show
Show
Advertising
Campaign
ArthaKranti
Pratishthan
Public
Presentation
Media Tools
The Indian
Citizen
ArthaKranti
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Implementation of ArthaKranti proposal. Its Effects are
Enough revenues with government to make legal provision of funds
for political system
High valued cash transactions difficult
Increase the use of the banking system
Effective taxation system leading to eradication of black money.
Provision for funding of the political system
Funding of the political parties based on a per person amount for
the entire population for a five year period. Say Rs. 100/person
Total population is to be considered while making this provision
The actual fund availability will be in proportion to the actual voting
percentage
This funding will be available only to Registered political parties
securing more than a certain minimum percentage of votes cast
Sample Calculation for funding political parties
Giving healthy monthly allowances to the elected representatives

The proposal for allowance of elected representatives
ArthaKranti
Calculations
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At the Central Level:

Total provision for the entire population for the period of 5 years 121 Cr. * 100 (per Person Amount) = Rs. 12,100 Cr.
Provision per year Rs. 2,420 Cr.
The total Amount available in proportion to a total valid votes percentage Say 60%
Amount available for 5 year period = 12,100 * 60/100 = 7,260 Cr.
At the State Level:
State population say 10 Crores
Funds provision for 5 year period = 10 Cr. * Rs. 100 = Rs. 1,000 Cr.
At the Local level:
Population of the urban areas is say, 10 Lakh
Funds provision for 5 year period = 10 L * Rs. 100 = Rs. 10 Cr.
Actual funding will depend upon the total percentage of votes cast.
ArthaKranti
Allowance for Elected Representatives
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For MPs at Rs 10 Lakh/month

For MLAs at Rs 5 Lakh/month
For Corporators at Rs. 1,00,000/month
For Village Development Officer at Rs. 10,000/month
The spending with these provisions will be
- At the central level -- 785*10L*12 = Rs. 942 Cr. against a projected
revenue of ~Rs. 7,46,651 Cr. = ~0.13 % of the revenue
- At the state level (e.g. Maharashtra)
366*5L*12 = ~Rs. 220 Cr. against a projected revenue of
~Rs. 50,000 Cr. = 0.44 % of the revenue
- At the local corporation level (e.g. Aurangabad)
100*1,00,000*12 = Rs. 12 Cr. against a revenue of ~Rs. 250 Cr.
= 4.8 % of the revenue
ArthaKranti
Empowering
democracy
Improved
governance
Increased law
and order
Politics
professionalized
as the qualified people
will take it up
Improved
functioning and
decision making
Increased
stability of
government
Decreases ill-influence
Dignity & public
trust restored
of local parties
in national politics
corruption and criminals
Eradication
of Black
Money
Assured
clean
funding
Appropriate
remuneration for
elected representatives
at all levels
Politics focused on real

issues
and national interests
Political parties
interested
in increasing voting
Funding to political
parties based on the
percentage of votes won
Transparency
in politics
Decreased dependence on
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Effective funding available

for political parties depends
upon voting percentage
Legal provision of funds

for politics at all levels
Provision of funding
for political parties
based on population
ArthaKranti
Jai Hind!
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ArthaKranti
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Social Security Proposal

A Social security identification (SSID) is issued to every Indian Citizen.
To begin with the beneficiaries of the Social Security Allowance Scheme will be all
adult citizens of India beneath the poverty line.
For every deserving adult, a fixed amount (linked to DA), Social Security
Allowance, is credited per month into a unique bank account linked to the SSID Say Rs. 2,000/ pm -- Based on Food (Rs. 900/-) + Shelter (Rs. 500/-) + Clothing
(Rs. 300/-) + Health (Rs. 300/-)
Government will remove all non-merit subsidies thus freeing up revenue to pay
the Social Security Allowance to the deserving citizens
All Social security allowance beneficiaries can get credit of Rs. 50,000/- (upper
limit) from banks
Restrictions to ensure correct usage
- No rights to SSA beneficiaries on income for hereditary property
- SSA amount cant be used as security against any other loan
Uniform implementation throughout the country
ArthaKranti
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Social Security Proposal

Calculations
In first phase, scheme will be implemented for people below poverty line.
Number of people below poverty line (monthly income below Rs. 300/-)
is 30 Cr
Total monthly expenditure = Rs. 2,000 * 30 Cr = Rs. 60,000 Cr
Total yearly expenditure = Rs. 60,000 Cr * 12 = Rs. 7,20,000 Cr
Excluding current expenditure of Government over subsidies of 1,50,000 Cr, additional yearly expenditure will be 7,20,000 - 1,50,000 = Rs. 5,70,000 Cr
Rs.
Considering current national income of Rs. 40,00,000 Cr, this additional

expenditure would be ~15% of national income
ArthaKranti
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Improved
quality of life
Social
security
Balanced
Development
(Rural and
Urban)
Decreased Social
Unrest (reduced
Naxalism, terrorism,
extremism, etc.)
Dissemination
of Population
Increased Business
/ Employment
opportunities
locally
Opportunities of
Corruption are
reduced (PDS, fuel
etc.)
Market driven
quality supply
of goods &
services
Credit / Capital
expansion
in the banking system
Price
distortion
removed
as a whole
Farmers
suicide
checked
Assured
dignified
existence for
every citizen
Hugely increased
demand
for goods and
services
(Necessities)
Effective
implementation
of child welfare
laws & schemes
SSA beneficiaries will

not have right on
income from hereditary
property
Increase in
Purchasing
power of the
poor people
Increased
use of
Banking
system
Social Security Allowance

(Say Rs. 2,000 monthly)
(linked to DA)
(Food, clothing, shelter,
health insurance)
SSA cant be
used as
security for any
other loan
Bank account
for SSA
(associated
with SS Code)
Unique SS
code for
every
citizen
Establishment
of Individual
credibility
with bank
Saved Gov. Revenue

Expenditure
Maximum Credit
Limit
For SSA beneficiaries
up to say, Rs. 50,000
Credit
available
to the poor
Withdrawal of
Non-merit
subsidies
(Central and State)
ArthaKranti
Jai Hind!
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Government Officials
H.E. Smt.
Pratibhatai Patil,
Hon. President of India

(Personal meeting twice)
Dr. Montek Singh Ahluwalia,
Dr. Bhalchandra Mungekar,
Deputy Chairman, Planning

Commission (Book)
Member, Planning Commission

(Presentation)
Dr. Adarsh Kishore Saxena Ex-Union Finance Secretary (Presentation in the presence of Smt. Pratibhatai Patil)
Mr. Johny Joseph Chief Secretary, Maharashtra (Presentation To CM, Maharashtra )
Mr. Agarwal Dr. Parthasarathy Shome,

Ex-Chief Economic Advisor to
the Union Finance Minister
(Presentation North Block)
Finance and Planning Secretary, Maharashtra (Presentation To CM, Maharashtra )
Mr. Sangith Rao Principal Secretary, Maharashtra (Presentation To CM, Maharashtra )
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Economists & Experts
Dr. D. R. Pendse
Dr. Narendra Jadhav
P B Sawant
Justice Supreme Court
Chandrahas Deshpande
Sunil Bhandare
Jairaj Salgaonkar
V. M. Govilkar
R A Mashelkar
M N Chaini
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Political Leaders
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Congress
Manmohan Singh,
Hon. Prime Minister
P. Chidambaram
Union Finance Minister
(Book)
(Book)
Sushil Kumar Shinde,

Union Power Minister
Prithviraj Chavan
MOS, PMOs Office
(Meeting)
V George
P.A. to Smt Sonia Gandhi (Presentation)
Pawan Kumar Bansal,

Minister of State for
Finance (Presentation)
Vilasrao Deshmukh,
CM, Maharashtra
(Presentation)
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Political Leaders
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BJP
Yashwant Sinha
Arun Shourie
Sushma Swaraj
SS Ahluwalia
Gopinath Munde
Nitin Gadkari
Rajeev
Chandrashekhar
Vinay
Sahasrabuddhe
Sudheendra
Kulkarni
LK Advani
Bhairon Singh
Shekhawat
Balbir Punj
Sompal Shastri
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Political Leaders
Mohan Rawle
Suresh Prabhu
Political leaders
Raj Thackeray
Shweta Paralkar
Shishir Shinde
Shiv Sena
MNS
Rajan Shirodkar
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Political Leaders
Sharad Pawar
Political leaders
D Raja
Dr. Kango
NCP
Jayant Patil
CPI
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Industrialists
Deepak Ghaisas
I-Flex solutions
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Narayan Murthy
Infosys
Arvind Padhye TCS Pune Center Head
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Media Experts
Kumar Ketkar
Loksatta
Raju Parulekar
E TV
Rajeev Khandekar Star TV

Yamaji Malkar - Sakal
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Prem Shankar Jha

Hindustan Times
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Creative Artists
Vijay Tendulkar
Mangesh Tendulkar
Sachin Pilgaonkar
Ashok Saraf
Nivedita Saraf
Nina Kulkarni
Mohan Joshi
Kiran Shantaram
Atul Parchure
Prashant Damle
Swapnil Bandodkar
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Educational Institutions
Goa Commerce College

Osmania university
NGOs
Loksatta
Maitri
i-Watch
Prayas (Reli group)
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Terrorism in India
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How
ArthaKranti
we can tackle this
problem?
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Terrorism Analysis
Reduced
Social
Spending
Lack of
Education &
Skills
Flawed Taxation System
Inadequate
Money Supply
to Economy
High Commodity
Prices due to Heavy
Indirect Taxes
No Access
to Credit
Tax Evasion
Under-utilized
Banking
System
Unemployment
Reduced
Purchasing
Power
Individuals
Credibility not
Established
Deprivation from
Resources and Means
(Credit) to Acquire Them
Poverty
ArthaKranti
Terrorism Analysis
Loss of faith in peaceful, democratic process,
no hopes of getting justice without resorting
to violence
Desperation
Rebellious Tendency
Deprivation, Extreme
Disparity, Envy
Sense of Hurt, Damage to

Self Esteem, Indignation
Poverty
Social Oppression
(Communal / Religious /
Caste / Linguistic etc.)
Hom
e
ArthaKranti

Physical constraints (Porous borders,
unregulated coastlines)
Lack of clear and firm

Foreign (therefore,
Defense) policy
Hom
e
Parallel economy, Corruption, Fake /

high denomination currency
Terrorism
Public sympathy, Weak

national Character
Birth of a
militant
Logistic support, funding

and training etc from
hostile foreign
organizations / nations
Systemic Administrative
weaknesses in governance
and law enforcement
Propaganda for masses,

Indoctrination of
individuals
Religious
Dogma
Perceived
Historical injustice
Political / Economic /
Philosophical ideology
Loss of faith in peaceful, democratic process, no hopes of getting justice without resorting
to violence
ArthaKranti
Hom
e
ArthaKranti Proposal
Withdrawal of existing Taxation System Completely (except Customs/Import Duties)
Every Transaction routed through a bank will attract a certain deduction in appropriate
percentage as Bank Transaction Tax i.e. Single Point Tax Deducted at Source (say 2 %)
This deduction is to be effected on receiving/credit account only
This deducted amount will be credited to different Government levels like
Central, State and Local (as say 0.7 %, 0.6 % and 0.35 % respectively)
Transacting Bank will also have its share in this deducted amount (say 0.35 %)
as the Bank has a key role to perform
Withdrawal of High Denomination Currency (say above Rs. 50)
Cash Transactions will not attract any tax
Government should make legal provisions to restrict cash transactions up to a certain
limit (say Rs. 2000)
ArthaKranti
Hom
e
Effects of Proposal
Reduced
social
spending
Lack of
education &
skills
Flawed taxation system
Inadequate
money supply
to economy
High commodity
prices due to heavy
indirect taxes
No access
to credit
Tax evasion
Under-utilized
banking
system
Unemployment
Reduced
purchasing
power
Individuals
credibility not
established
Deprivation from
resources and means
(credit) to acquire them
Adequate
revenue with
Government
Poverty
ArthaKranti
Hom
e
Effects of Proposal
Unemployment
High commodity
prices due to heavy
indirect taxes
Flawed taxation system
No access
to credit
Tax evasion
Under-utilized
banking
system
Inadequate
money supply
to economy
Reduced
purchasing
power
Individuals
credibility not
established
Single point
taxation system
Deprivation from
resources and means
No
Black
Money
Poverty
ArthaKranti
Hom
e
Effects of Proposal
Individuals
credibility
established
Banking
transactions
increased
Unemployment
Reduced
purchasing
power
No access
to credit
Under-utilized
banking
system
Inadequate
money supply
to economy
Individuals
credibility not
established
Deprivation from
resources and means
Poverty
ArthaKranti
Hom
e
Effects of Proposal
Industry, trade,
supply
stimulated
Cheap & easy

capital
Unemployment
Single point
taxation system
Purchasing
power
increased
Reduced
purchasing
power
Individuals
credibility
established
Deprivation from
resources and means
Poverty
ArthaKranti
Hom
e
Effects of proposal

Foreign (therefore,
Defense) policy

Terrorism

hostile foreign
and law enforcement

national Character
Birth of a
militant
Poverty
Adequate
revenue with
Government
Individuals
credibility
established
Single point
taxation
system
No
Black
Money
Purchasing
power
increased
Industry,
trade, supply
stimulated
ArthaKranti
Hom
e
Effects of Proposal

Foreign (therefore,
Defense) policy

Terrorism
and law enforcement

national Character
Birth of a
militant
Social
Security
Adequate
revenue with
Government
Individuals
credibility
established

hostile foreign
Empowered
Government
Single point
taxation
system
No
Black
Money
Purchasing
power
increased
Industry,
trade, supply
stimulated
ArthaKranti
Hom
e
ArthaKranti
Jai Hind!
Hom
e

Arthakranti

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ArthaKranti

A design towards Principled, Prosperous & Peaceful living

Wednesday, March 11, 2015

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

Effects of Fiscal Deficit on Local Industry

A design towards Principled, Prosperous & Peaceful living

Effects of Fiscal Deficit on Credit Cycle & Government Revenue

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

Tax Rebate + High

A design towards Principled, Prosperous & Peaceful living

Effects of Fiscal Deficit on Disinvestment Policies & Reduced Social Spending

Govt. Control Lost in

Scope for Market

A design towards Principled, Prosperous & Peaceful living

Effects of Fiscal Deficit on Anti-Social Industries

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

Effects of Fiscal Deficit on Credit Cycle & Farmers Suicides

Low Credit Supply

A design towards Principled, Prosperous & Peaceful living

Flawed Taxation System

Complex nature of taxes

Tax laws open for interpretation

A design towards Principled, Prosperous & Peaceful living

Currency Denomination Distribution

Per Capita Income /

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

A design towards Principled, Prosperous & Peaceful living

High Value Cash

Bank Transaction Tax

Legal Provision Made

A design towards Principled, Prosperous & Peaceful living

Anti-Social and AntiNational Elements

Anti-Social and AntiNational Elements

Bank Transaction Tax

Legal Provision Made

A design towards Principled, Prosperous & Peaceful living

Bank Transaction Tax

Anti-Social and AntiNational Elements

A design towards Principled, Prosperous & Peaceful living

Cheap and Easy

Bank Transaction Tax

Anti-Social and AntiNational Elements

Anti-social and antiIndustry

Legal Provision Made

A design towards Principled, Prosperous & Peaceful living

Bank Transaction Tax

Anti-Social and AntiNational Elements

Legal Provision Made

A design towards Principled, Prosperous & Peaceful living

Effects of ArthaKranti Proposal

Anti-Social and AntiNational Elements

Bank Transaction Tax

Legal Provision Made

A design towards Principled, Prosperous & Peaceful living

Anti-Social and AntiNational Elements

Bank Transaction Tax