Bank officers who
are expecting respectful wage hike in Xth Bipartite Settlement should know
Clever FM is in nexus with IBA simply postponing negotiation and meeting of IBA with UFBU leaders and that is why date after date ---------------------As of Now there is no date at all ---God knows when next round of talk will happen-----------------
IBA Bosses are
sycophants of FM because they care fore their own career and not
that of bank staff
Chidambram was fittest for Home Ministry and during his tenure in Home there was almost no terror attack , no naxal attack in any corner of the country -------------------Unfortunate
FM turned
Chidambram will spoil Economics of the country -----------------, will prove
more disastrous than MMS--------------------He will do all what is needed
for vote bank of Congress Party, he is least bothered whether bank staff
are happy or annoyed--------------------------
THE CLEVER FINANCE MINISTER MR. CHIDAMBRAM ------He IS USING BANK STAFF FOR ALL PURPOSES ----He
has assigned all jobs, all types of payment and even Direct Cash Transfer Scheme to bank
for successful implementation---He has entrusted duties of Financial
Inclusion to Bank staff to increase vote bank of Congress PARTY ,,………………………but
when bank staff talk of wage hike he will say that banks do not have paying
capacity, bank’s profit is low and hence wage hike more than 5 to 6 percent is
not possible
If bank
staff decides to go on indefinite strike THEN ONLY POLITICIANS WILL UNDERSTAND
THE VALUE OF BANK STAFF -----
I think Xth Bipartite
Settlement will get success and respectful hike and become effective
quickly and sooner only when person like Chidambram and Congress party in
particular are
made to understand that if bank staff move on strike
their game plan to use scheme of Financial Inclusion, MANEREGA and Direct Cash
Transfer to increase their winning possibility in 2014 election depends on
cooperation of bank staff, ------otherwise it is not possible in two or
three years-------------SBI staff got pension as third terminal benefit
only when they went on indefinite strike in the month of March ----------
As such strike and
strike for indefinite period can only expedite settlement and respectful
wage hike in Xth Bipartite Settlement
Read this blog to
know what is happening in various ministries of this SARKAR (
Government )
The Right Hand of Sarkar Doesn't Know What the Right Hand is Doing
Put on notice---Times of India
Where the finance ministry is concerned, you're damned if you do or don't
Does the right hand of the government know what its left hand is doing? More to the point, does the right hand of the government know what its right hand is doing? Various sarkari departments and ministries seem to be working at cross-purposes not only with each other, but also with themselves. The finance ministry is a case in point.
In an attempt to check the growth and use of black money — India's so-called parallel economy, said to be one of the largest of its kind in the world — the finance ministry is trying to turn our country into a 'cashless society' by urging people to use credit cards for as many transactions as possible. Indeed, there is a proposal that is actively being pursued to introduce microcredit systems which would enable the customer to purchase even so low-cost an item as a paan from a paan shop on credit.
At the same time, the income tax department, which also comes under the ministry of finance, has issued a set of directives to its officers regarding the scrutiny of returns which includes issuing notices to people who spend more than 2 lakh a year on their credit cards, which works out to under 18,000 a month.
Most middle-class urban families who use credit cards for buying fuel for their car/two-wheeler, going to the movies a couple of times a month, eating out occasionally and doing their grocery shopping would end up spending about that much, if not a bit more, on their cards.
If all such people were to be served IT notices and face scrutiny, the tax department would have its hands so full it would have no time or energy to go after the really big fish: the IPL match-fixers, bookies, smugglers, hawala dealers and the other scamsters who are the real source of black money.
The finance ministry would also like us to save more, particularly by investing in the stock market or in equity-related mutual funds (MFs). Such investments provide much-needed capital to business and industries to help them expand, which in turn will give a boost to the economy which has slowed down for an 8%-plus growth rate to just about 5%.
To encourage investments in stocks and stock-related MFs, the finance ministry provides a number of tax-friendly incentives, such as dividends from such investments coming free of tax liability to the investor. But if you invest more than 2 lakh a year in MFs you are likely to come under income tax scrutiny and receive an invitation to come and see your income tax officer.
The finance ministry wants to woo foreign investors to India, to help boost our sagging economy. But even as finance minister P Chidambaram goes on foreign tours to tom-tom India's business-friendly climate to potential investors, the finance ministry under the previous FM, Pranab Mukherjee, framed GAAR (General Anti-Avoidance Rules) which basically assume that all taxpayers must be deemed to be guilty unless they prove their innocence. Thanks to GAAR's looming shadow, would-be foreign investors are understandably chary about coming to India to do business.
You've been put on notice. The right hand of sarkar doesn't know what the right hand is doing. Little wonder it can't seem to get anything right.
Does the right hand of the government know what its left hand is doing? More to the point, does the right hand of the government know what its right hand is doing? Various sarkari departments and ministries seem to be working at cross-purposes not only with each other, but also with themselves. The finance ministry is a case in point.
In an attempt to check the growth and use of black money — India's so-called parallel economy, said to be one of the largest of its kind in the world — the finance ministry is trying to turn our country into a 'cashless society' by urging people to use credit cards for as many transactions as possible. Indeed, there is a proposal that is actively being pursued to introduce microcredit systems which would enable the customer to purchase even so low-cost an item as a paan from a paan shop on credit.
At the same time, the income tax department, which also comes under the ministry of finance, has issued a set of directives to its officers regarding the scrutiny of returns which includes issuing notices to people who spend more than 2 lakh a year on their credit cards, which works out to under 18,000 a month.
Most middle-class urban families who use credit cards for buying fuel for their car/two-wheeler, going to the movies a couple of times a month, eating out occasionally and doing their grocery shopping would end up spending about that much, if not a bit more, on their cards.
If all such people were to be served IT notices and face scrutiny, the tax department would have its hands so full it would have no time or energy to go after the really big fish: the IPL match-fixers, bookies, smugglers, hawala dealers and the other scamsters who are the real source of black money.
The finance ministry would also like us to save more, particularly by investing in the stock market or in equity-related mutual funds (MFs). Such investments provide much-needed capital to business and industries to help them expand, which in turn will give a boost to the economy which has slowed down for an 8%-plus growth rate to just about 5%.
To encourage investments in stocks and stock-related MFs, the finance ministry provides a number of tax-friendly incentives, such as dividends from such investments coming free of tax liability to the investor. But if you invest more than 2 lakh a year in MFs you are likely to come under income tax scrutiny and receive an invitation to come and see your income tax officer.
The finance ministry wants to woo foreign investors to India, to help boost our sagging economy. But even as finance minister P Chidambaram goes on foreign tours to tom-tom India's business-friendly climate to potential investors, the finance ministry under the previous FM, Pranab Mukherjee, framed GAAR (General Anti-Avoidance Rules) which basically assume that all taxpayers must be deemed to be guilty unless they prove their innocence. Thanks to GAAR's looming shadow, would-be foreign investors are understandably chary about coming to India to do business.
You've been put on notice. The right hand of sarkar doesn't know what the right hand is doing. Little wonder it can't seem to get anything right.
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