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Inputs on Public Consultation on Draft Policy on Software Products

Start Date :
Nov 28, 2016
Last Date :
Dec 10, 2016
00:00 AM IST (GMT +5.30 Hrs)
In order to make the Indian IT Industry move up the value chain and thereby sustain its growth trajectory, India has to adopt a paradigm shift in it’s strategy for software ...
An upper limit/cap on keeping domestic Jewellery (proportionate with the number of family members/size), can be fixed. The amount/value of Jewellery already deposited with the banks, in various Gold schemes may be excluded from this cap.
This limit/cap shall only apply on the jwellery, kept at homes, & not to Gold Bonds.
Going cashless will give a miraculous boost to our Economy, end corruption & provide Bharat its rightful place in the world. PM's initiative is wise one, widening the tax-net.
Alongside the development of software products, there is also the need to enhance safety of digital equipment such as mobile phones. This is also a matter of security of nation as well as of individuals since in most crimes stolen mobile phones are used. Software to curb theft of digital equipment even when it is switched off and that to personally identify the owner of an equipment should be encouraged.
It's really unfortunate and disappointing that Govt is introducing another scheme for declaring of black money deadline with 31st Dec 16, we have taken pain of being cashless for many, paying sincerely tax, and found by declaring amount which is now completely scrap could get the value of 50%. Not happy with such scheme. my request to govt who did not disclose undeclared amount should not be got another chance.
Join us in educating the senior citizens on "Doing cashless transaction through apps and mobile banking". Please spread the word and send your references to the session on 4th Dec, Sunday from 11Am to 12pm at 6th main 9th cross Malleshwara, landmark :Akshar Power Yoga. Please respond with a YES to join hands for this noble cause . Send your response through an SMS or whattsapp -- 9035020455
इस फ़ोटो को देखे और इस सन्देश को प्रधानमंत्री जी तक पहुचाये।ये डिजिटल इंडिया की मुहिम में एक अच्छा प्रयास है।
एक पेट्रोल पम्प प्रतिदिन 5लाख का भी पेट्रोल भरता है, और उसमें से एक लाख रुपये भी, यदि 100₹ या उससे छोटे नोट हैं, जो कि प्रचलन में है, तो वह उन्हें बैंक में जमा नहीं कराते, न ही ग्राहकों को वापस करते हैं। वे इस एक लाख के बदले सवा लाख या डेढ़ लाख का काला धन एक्सचेंज करते हैं।
यही कार्य बिजली पानी के बिलों में और स्वयं बैंक कर्मचारी भी कर रहे हैं।
मार्केट में 25 से 30% के कमीशन से बड़े नोट बदलवाने का धंधा जोरों पर है।
इसलिए जो भी प्रचलित मुद्रा बैंक से पब्लिक में जा रही है वह वापस बैंक में नहीं आ
1. For startup/ product based companies who are building good product and selling in India or abroad, for first 3 years of stabilization, Gov can waive of part of tax eg: Company should pay full tax on profit. IT department will return them say 50% of tax withing 6 month. Figures can be discussed and agree. This should encouraged to focus on building products rather than only service based work like Israel, a small country, has many leading products in banking area.
India need lots of digitization in all areas. For mutual facilitation, software companies should setup development center in low cost location 2nd or 3rd level Cities instead of Mumbai/ Pune/ B'Lore. Few member can stay in 1st level cities if needed. If we mandate it, then other cities will also see growth and momentum. Active participation from college and universities should be encouraged
1. Nurture Product based companies. Software product and branding can lead Indias image. Ta incentives for software products being developed and sold in India and outside
2. Promote software industries to setup and grow in 2nd/ 3rd level Cities thatn Delhi, Banglore, Pune, Mumbai by tax incentive. This will bring down cost, and help to manage business
3. Collaborate with engineering college to increase practical skills in students for latest technology
Please read the attached pdf document.