Finance department

This department is the back-bone of the nation. Finance department must have complete and accurate accounts of incoming and outgoing funds of the nation. Finance department must ensure collection of income from all the allowed sources and regulate expenditure of the nation within the income. This financial discipline has to be adopted by all departments with the support of Finance department. The Finance department should ensure that none of the department is exceeding their permissible limit of expenses. The Finance department is aware of the entire income of each department. All the outside borrowing of funds must be approved by the Finance department.

The Finance department must see whether they are crossing their limit at any given point of time. The Finance department must take action against other departments who do not follow the set norms. The department in the new regime of administration is in-charge of dispersing salaries, pensions and other expenditure for the entire nation.

The incoming funds by way of taxes, from investments and other sources including royalties must be higher than the total budget of expenditure. The need to have a minimum excess fund for future requirements is very essential.

Guidelines for Finance department:

100% collection of all allowed taxes and revenues from investments.
Take action against defaulters within the timeframe.
Re-look at organizations having tax-free facilities. Discontinue the facility if such organizations are involved in any areas other than afforestation, cleaning up the Nature from pollution, 100% eco-friendly electricity generation.
Regulate the salary bill of the departments to the extent of the available limits.
Re-negotiate with the organizations and other nations from whom the previous governments have borrowed and try to reduce interest rate and try for maximum write-off of the borrowed fund.
Initiate action if previous governments have borrowed fund at unreasonable rate. Recovery action must be taken if the Finance department suspects any type of mismanagement.
Control expenditure on non-productive areas.
Regulate or discontinue expenditure on unwanted subsidies and welfare schemes designed by the previous governments, mostly it must be done with political motives to woo voters.
Focus and encourage 100% eco-friendly energy generation.
Encourage afforestation activities.
Encourage Nature cleaning activities from impurities.
Encourage 100% eco-friendly non bio degradable waste processing units.
Encourage 100% eco-friendly organic waste processing units.
Encourage new educational system of skill development.
Discourage exploitation of Natural resources by levying more taxes on them.
Discourage non-productive schemes.
Encourage indigenous production and technologies. Discourage imports of all items.
Encourage eco-friendly projects that gives employment opportunities.
Encourage businessmen producing 100% bio-fertilizers production units.
Encourage 100% bio-pesticides manufacturers.

Schemes to substitute personal income tax:

Scheme 1: Construction tax

Tax to be collected at the rate of:

INR 300/- per annum from people owning building upto 500 sq. ft. of plinth area.
INR 1000/- from people owning buildings having plinth area 501 sq. ft. to 900 sq. ft.
INR 2000/- from people owning buildings having plinth area 901 sq. ft. to 1100 sq. ft.
INR 6000/- from people owning buildings having plinth area 1101 sq. ft. to 1500 sq. ft.
INR 10,000/- from people owning buildings having plinth area 1501 sq. ft. to 2000 sq. ft.
INR 15,000/- from people owning buildings having plinth area 2001 sq. ft. to 3500 sq. ft.
INR 50/- per sq. ft. from people owning buildings having plinth area from 3500 sq. ft. to 8000 sq. ft.
INR 100/- per sq. ft. from people owning buildings having plinth area from 8001 sq. ft. to 9999 sq. ft.
INR 500/- per sq. ft. from people owning buildings having plinth area from 10000 sq. ft. to 14,999 sq. ft.
INR 1000/- per sq. ft. from people owning buildings having plinth area 15000 sq. ft. or above.

Note: Non-concrete constructions shall be charged at the ratio of 4:1 to calculate sq. ft. That means 4 sq. ft. of non-concrete structure will be considered as 1 sq. ft. of concrete structure.

Scheme 2: Turnover tax

INR 250/- per annum to be paid by all citizens having no official source of income like remuneration paid by organizations/government, salary, income from rent, pension etc.
INR 1000/- per annum having known source of income.
INR 5000/- who have a business/income turnover of upto 10 lakhs.
2.5% in case the turnover/stock on heir/income from any source exceeding 10 lakhs.

Note: Corporate tax to be levied will remain the same as prevailing for the time being.

Terms (for above mentioned scheme 1 and scheme 2):

Self-declaration is sufficient upto INR10 lakhs income/turnover.
Auditing should be done in case income/turnover is above INR 10 lakhs.
The entire sum of amount spent on afforestation activities i.e., planting long-life tree saplings, buying land and planting saplings of long-life trees, construction of compound wall to protect plants, making irrigation facilities for planted long-life saplings, labour, manuring of the planted long-life tree saplings etc. do come under this category.
Total sum of amount spent on Nature cleaning activities like collection and disposal of plastic sources, waste plastic processing unit, cleaning of water sources from all types of impurities, providing facilities to process organic bio-degradable and non-degradable waste processing units, etc.
The entire sum invested in setting up factories to generate 100% pollution-free/eco-friendly units. It is to be noted that solar based power generation, wind-mill based power generation and hydel based power generation units are NOT 100% pollution-free nor eco-friendly. Conventional power generating systems like hydel projects, thermal projects etc. are not pollution-free nor eco-friendly. Refer Inbuilt danger/risk in existing power generating systems

Why personal income tax to be abolished?

Large infrastructure to collect income tax can be dispensed with.
Large number of human resources can be utilized in other productive areas.
Employees and businessmen are spending lot of time and money for returns filing, engaging auditors every year.
By abolishing income tax, people will be free to spend their hard earned money as they wish. They are not answerable to anyone to show their source of income.
Spending tendency of people will boost the economy of the country.
People will not worry and think of various ways and means to hide their money from the eyes of income tax officials. They will be self-motivated to spend.
Income tax officials now-a-days have become puppets in the hand of politicians. They use income tax officials to target and corner people to negotiate with corrupt politicians.
This will trigger employment opportunities as more and more business entrepreneurs will come to the market. Dead money in the hands of people will be put into productive use thereafter.
Abolition of income tax will give peace of mind for people and motivate them to earn more and more and spend more and more.
This will put and end to piling up of unutilized money.
Income tax leads to tax evasion as people tend to give wrong declarations, hiding their actual income.
Abolition of income tax will boost higher economic turnover. GDP of the nation will increase by leaps and bounds.
Black money will disappear from the society. It is not a crime to be rich. After all, rich people are required to undertake infrastructural and developmental activities in the society.
People will become more truthful and honest. The system will not induce them to be dishonest and corrupt.

Amnesty scheme:

The scheme is to collect the amount from corrupt people.

The finance department must introduce amnesty scheme on the following areas:

Type 1 Amnesty scheme:

Type 1 Amnesty scheme is applicable to government officials who DO NOT fall into the category of “Death Warrant – Batch 2”.
The scheme will provide a last and final warning to escape from capital punishment. Officials involved in corrupt practices and amassed wealth in any form using the authority of the post will have to voluntarily make a true and honest self-declaration about the total fund they have mobilized by way of bribes and other illegal means.
False and dishonest statement will attract death warrant punishment.
The declared amount shall be remitted directly to the Finance department.
The Finance department must spend 70% of the total fund collected from this Type 1 Amnesty scheme on afforestation, Nature cleaning activities, energy production from 100% pollution-free and eco-friendly projects.
The remaining 30% can be accounted as a revenue for the department.
Corrupt officials who are not utilizing this last and final warning to escape from the punishment within a period of 60 days from the date of enforcement of the new regime of administration will be facing irrevocable death sentence. If the officials are not alive, recovery must be initiated from their descendants and legal heirs.

Type 2 Amnesty scheme:

Type 2 Amnesty scheme is applicable to all people other than government officials who have amassed wealth in any form by way of illegal practices like cheating, bribes, threatening, blackmailing, forgery, exploitation of the helpless, weak and poor etc.
The scheme will give them last and final warning to escape from punishment. False and dishonest self-declarations also attract punishment. Below are the punishments for them.
1. Substantial memory loss
2. Failure of many internal organs of the body
3. Skin diseases/ skin allergies
4. Heavy unexpected financial losses etc
5. Damage in vocal cord
6. Dementia
7. Some may become insane
The declared amount shall be remitted directly to the Finance department.
The Finance department must spend 99.8% of the total fund collected from this Type 2 Amnesty scheme on afforestation, Nature cleaning activities, energy production from 100% pollution-free and eco-friendly projects.
The remaining 0.2% can be accounted as a revenue for the department.
People who are not utilizing this last and final warning to escape from punishment within a period of 60 days will be eligible for punishment. If the persons are not alive, their descendants and legal heirs will become eligible for punishment. After the demise of those corrupt persons who have not utilized the Amnesty scheme, their punishments will be automatically passed on to their spouses(s), descendants, legal heirs or whoever is enjoying their property immediately after the demise of that corrupt person.

Note:

People who are able to arrange to the required extent within the stipulated time of 60 days can handover immovable properties (land and buildings) to the Finance department to avail the Amnesty scheme benefits. The Finance department in coordination with Revenue department will take the property at the declared rate announced by the government and not at market value.

The department head must convene meetings with senior officials of the department and make a complete draft of rules, regulations and by-law of each and every function of the department. This is 100% required for the smooth functioning of the department. You must ensure that these by-laws are framed in accordance with the fundamental guidelines of the new regime of administration. All the existing rules and regulations of the department will automatically become null and void with the introduction of the new regime of administration. All employees must follow the new rules and regulations in letter and spirit without fail.

The draft must be framed 100% in accordance with the guidelines of the new regime of administration and forward the same to HR department, who will go through the draft and re-confirm all aspects of the by-laws including the man power requirement. HR department has to reconfirm that the rules and regulations are not contradicting with the fundamental guidelines of the new regime of administration and put up the same to the head of the nation for final approval. The approved draft thereafter becomes a rule, regulation and by-law of the department. This must be done on a war-footing basis. The entire process must be completed within a time limit of 122 days from the date of enforcement of the new regime of administration. The final approved rules and regulations of the department will be the new constitution of the new regime of administration for the department. The process of incorporating any changes, amendments, alterations, additions or deletions can be suggested by the head of the department at a later stage and the same has to be forwarded to HR department for scrutiny and should be sent to the head of the nation for ratification. A printed copy of this new constitution has to be given to all senior officials within the department and a copy each to all other heads of the departments for their reference.

Violation of the above guidelines will result in nothing less than death warrant. The invisible forces of Nature are tracing and tracking every moment of all of you. Do not take any risk of violating the guidelines of the new regime of administration. It will be at the cost of your life.

All the corrupted people will have to face death warrant punishment, if they do not make use of the final chance to escape from the punishment as provided in Amnesty scheme.