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IT tools for expenditure management

Start Date :
Jan 01, 2015
Last Date :
Nov 01, 2014
04:15 AM IST (GMT +5.30 Hrs)
Suggest greater use of IT tools for expenditure management.
1. Softwares must be built & pre-launched softwares must also be used for expenditure management. 2. Apps can be developed containing expenditure management softwares. 3. Devices can be developed which would solely be used for commercial use & financial, expenditure management, which would contain softwares like tally, all types of MS Office applications like excel & power point presentation, also there can be specific browser only for financial data containing websites.
Recently during home renovation i was installing few electrical gadgets. I was surprised to find that most Indian brands were importing from China, putting Indian label and reselling. Be it simple gadgets such as fans or air conditioners. My suggestion is to analyse the data to identify items being imported. Custom duty on such items must be increased and excise duty concessions given to promote "Make In India". isn't it shameful of these companies to import items that can be made in India.
Citizen should make sure to take bills for every product they purchase. This may help the government to raise fund which can be used for other development purpose and may also result in lowering other taxes.
MRP must be same from whereever you purchase wheather its from far hill station or movie theater or from local retailer or even online stores. Otherwise what is the meaning of fixing MRP and wasting time on laws prepared for the same. Many retailer ask us not to take bill and if we agree the lower the price of product so from where this product to such shopkeeper, due to this activity there are free from showing there income in there income tax.
If online sellers can sell so cheap taking burden of free delivery why retailers were allowed to fleece us so long and did they pay tax on profit?Why bureau of pricing allow MRP to be fixed very high hoodwinking poor men? Dont allow false Ad to befool people Electronic scales in retail can be fixed with gadgets to enter per unit cost and weigh per 10or 20 rSAVE USupee etc Record of total sell be seen to tax retailers BABUS BE MONITORED SEVERELY FOR FALSE BILLS Improve rev cut cost lessen tax
Gov must fix property tax on property rather than value of property this will stop people buying property and show undervalued to save tax. But if tax is fix on square feets than people will purchase registry on original rate this will curb black money.
One thing if gov acquire the owner will get value on which he bought in registry rather gov rate
Sir
Don't you think most of people don't pay their taxes honestly.
I must say only 1 out of 100 are paying although more than 40 are earning higher be cause of unreasonably higher taxes. Think if you buy a thing of 1000/- you need to pay 125/- as service tax. So only 1% pay.
But if tax reduced to 5% of basic value more will be paying.
Ex.100 people buy only 1 pays 12.5%
if 100 people buy only 5 pay 5% gov gets more and more people shows in white
Topic:false discounts by online markets
highlights: I was fed up with the big day sale on 6th of October because so many discounts were displayed there for various products and the products started vanishing before i could click on it. One thing i observed is the selling price was too low that might be less than CP also. By these online market Reatail shops are closing day by day . so a regulation on SP should be there in online market. A rule should be there from government for this.
Sir just saying to save paper is not enough. If gov reduces paper by providing online information we can save 50% paper so money.
Ex. a person filling online form and details for job than he need to go to bank with print of challan and pay money in bank again on paper if we provide online challan payment option we can reduce paper that was used in bank. Thus we save gov money
In my area stolen of Income Tax, sales tax by shopkeepers & businessman's. Activities of such persons causes big loss of government, In this tax officers of such departments are involve in this, they cannot do his duties properly. So, I am direct you via this blog to made investigate on such matter.