Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday 11 November 2015

GST IMPASSE SOLVED


Dear Amitabh :


Here is my suggestion on solving GST impasse in Lok Sabha

I hope it reaches those who are negotiating with Congress

regards,

hemen  /  0 - 98,67,55,08,08

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GIVE   AND    TAKE


Dear Shri Modiji :


It was statesman like for you to reach out to Congress leaders last evening , in order to reach an agreement on GST

All negotiations have two , initially opposing , parties

No agreement can be arrived at , on the " Terms " of only one of the parties

A customer sold against his will , ceases to be a customer  !

Agreements imposed through numerical strength of membership , are bound to get sabotaged

To arrive at a " Lasting Solution " , there must be give and take


Here is my suggestion :


NDA  GIVE  :


*    Accept a cap of 18 % for GST in the Constitutional Amendment Bill


NDA  TAKE :


*    A provision in Bill to enable the Government of the day , to raise the GST % in
     subsequent years , through an enabling provision

     
     This provision ( not mandatory ) , will allow the Government to raise the GST %
    through the Annual Central Budget each year

      ( anyway , Union Budget has to be passed in Lok Sabha , each year )


*   The amount by which GST " may " get raised , to be calculated as follows :

     #    Starting GST %   =    18 %

    #     Assume that , in 2016-17 , CPI rises by 10 %

    #     Take  5 %  of that 10 % rise in CPI .   That works out to 0.5 %

    #     So , in 2017-18 , GST may be raised by 0.5 % , to become 18.5 %

    #     This is the UPPER LIMIT . Government may choose to revise GST to any
           figure less than 18.5 %


This is a perfect  FACE SAVING  FORMULA


Carpe  Diem !  Cease this moment to strike a deal by today evening  !


Good Luck  !


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hemen  parekh

28  Nov  2015

B2BmessageBlaster





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