Functional Programmes for Enlarged Banking System

7/28/2019 Functional Programmes for Enlarged Banking System

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Coo Lbhah`nb nooshal pnoo

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Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl 3

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Euabtnhaco prhjrc``ls ehrlaocrjld fcaknaj systl`-----------------------------------------------------------

\otn`ctl Tcx Vlehr`s - Coo Dnrlbt cad Nadnrlbt tcxls cbbh`pcanld fy tcx ocws,

cbbhuatnaj, cudntnaj cad tcx rlturas, bca fl cfhonsmld ne c alw tcx systl` bcoold THY

Tcx systl` ns cdhptld cad n`pol`latld fy coo actnhas. \otn`ctl Tcx rlehr`s wnoo

rlonlvl : fnoonha plhpol he tml whrod erh` tml bhfwlf he c`fnjuhus cad bh`polx tcxstrubturls, poltmhrc he tcx ocws, `cadcthry cad bu`flrsh`l cbbhuatnaj, cudntnaj, tcx

rlturas cad bhaslqulat qucj`nrl he coo tcx rloctld bcsls.

Rconlat elcturls he tmns alw tcx systl`....................Tcxctnha, tcx bhoolbtnha, tcx laehrbl`lat, tcx bh`poncabl, coohbctnha he rlvlauls th

vcrnhus `nanstrnls hr dlpcrt`lats cad `haly suppoy nath tml lbhah`y crl uanenld cad

natljrctld na tml fcaknaj systl`. Na tmns alw tcx systl` tmlrl wnoo fl ah Dnrlbt tcxls,

Nadnrlbt tcxls, tcx ocws, tcx rlturas, tcx bhoolbtnha dlpcrt`lats, tcx laehrbl`lat

cjlabnls cad tcx trnfuacos. Bntnzlas alld aht `cnatcna slpcrctl cbbhuat fhhks cad

suf`nt tcx rlturas caaucooy ehr pcynaj lntmlr Dnrlbt tcxls ha plrshaco nabh`ls hrNadnrlbt tcxls wmnol ruaanaj fusnalss hr nadustry. ^lt, tml tcx rlvlauls bhoolbtld fy

fcaks erh` snajol tcx bcoold THY Tcx wnoo fl 29 th 49% `hrl wmla bh`pcrld th thtco

tcx rlvlauls cbbruld erh` coo tcxls na tml prlslat tcx systl`.

THY Tcx systl`wnoo `ckl fudjlt prlpcrctnha he cay bhuatry th fl sn`pol, lcsy cad

tn`l scvnaj lxlrbnsl.

399% tcx bhoolbtnhas wntmhut tcx bhoolbtnha dlpcrt`lats.

Tmlrl wnoo fl ah tcx bhoolbtnha lxpladnturl ehr tml Jhvlra`lats cad ah tcx bh`poncabl

bhst ehr tml plhpol.

Tmlrl wnoo fl ah bmlbk phsts, wcy fnoos, cbbhuatnaj, cudntnaj, tcx ocws, tcx rcnds, ltb.,

Tcx bh`phalat ha cay bh``hdnty hr slrvnbl wnoo fl olss tmca 33%, uaonkl `hrl tmca29% na tml prlslat tcx systl`. Tml prnbls wnoo fl sufstcatncooy dlbrlcsld

Tmlrl wnoo fl ah tcx lvcsnha cad nts `cna prhdubt focbk `haly

Fy - UNGC^C KV\RMAC UCV@C

-----------------------------------------------------------Trcdntnhaco bhpyrnjmtCoo rnjmts rlslrvld


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N c` sujjlstnaj alw `ltmhds, `hdlos, cad naahvctnvl cad

cotlractnvl phonbnls na tml crlcs he `haltcry systl`, fudjlt prlpcrctnha, fcaknaj enacabl

systl , pufonb enacabl, hptn`co tcxctnha, tcx bhoolbtnha, tcx bh`poncabl, sufsndnls, `haly

suppoy, cad ensbco phonby th mlop rl`hvl bhrruptnha, tcx lvcsnha, lbhah`nb rlblssnha, focbk

`haly, eckl burrlaby, rcash`s, rhfflrnls cad shbnltco nalqucontnls. Na `y hpnanha, tml

prhphsld alw lbhah`nb systl` `cy usmlr na jhhd jhvlracabl, 399% tcx bh`poncabl cad

bhrruptnha erll lavnrha`lat. Nt sujjlsts c snajol tcx bcoold THY Tcx (Trcaselr Hr Yurbmcsl

Tcx) ehr fhtm Blatrl cad Rtctls bh`fnald na pocbl he prlslat ùotnpol Nadnrlbt tcxls wntm

dneelrlat socf rctls ha dneelrlat jhhds/bh``hdntnls/slrvnbls cad ùotnpol Dnrlbt tcxls wntm

dneelrlat socf rctls, th rlonlvl : fnoonha plhpol he tml whrod erh` tml bhfwlf he c`fnjuhus cad

bh`polx tcx strubturls, poltmhrc he tcx ocws, `cadcthry cad bu`flrsh`l cbbhuatnaj, cudntnaj,

tcx rlturas cad bhaslqulat qucj`nrl he coo tcx rloctld bcsls. Tcxctnha, tcx bhoolbtnha, tcx

laehrbl`lat, tcx bh`poncabl, coohbctnha he rlvlauls th vcrnhus `nanstrnls hr dlpcrt`lats cad

`haly suppoy nath tml lbhah`y crl uanenld cad natljrctld na tml fcaknaj systl`. Bntnzlasalld aht `cnatcna slpcrctl cbbhuat fhhks cad suf`nt tcx rlturas caaucooy ehr pcynaj lntmlr

Dnrlbt tcxls ha plrshaco nabh`ls hr Nadnrlbt tcxls wmnol ruaanaj fusnalss hr nadustry. Tmns

alw lbhah`nb systl` navhovnaj c alw tcx systl` wntmhut ùotnpol tcxls, tcx ocws, tcx

bhoolbtnha dlpcrt`lats, tcx trnfuacos cad tcx laehrbl`lat cjlabnls, lavnscjls 69 th 29 %

`hrl rlvlauls tmca prlslatoy cbbrunaj erh` ùotnpol tcxls bhoolbtld fy dneelrlat tcx bhoolbtnha

dlpcrt`lats/cjlabnls. Tml cvcnocfnonty he rlshurbls cad bcpntco eohws, alldld ehr lbhah`nb

rlbhvlry, ns tml sloe-prn`naj bmcrcbtlr he tml THY Tcx systl` wntmhut Jhvlra`lats ensbco

stnùous pcbkcjls. Tmns alw lbhah`nb systl smcoo fl hplrctld fy fcaks ct `nanù`

hplrctnaj bhst wntm on`ntld pcplr burrlaby (9.2%)cad dl`ctlrnconsld `haly (>>.:%) he tml

thtco `haly cvcnocfol na tml lbhah`y na tml pcrtnbuocr bhuatry , tmlrlfy thtcooy lon`nactnajfocbk `haly, tcx lvcsnha, eckl burrlaby, bhrruptnha cad lxthrtnhas.

\adlr tmns alw tcxctnha systl` tml tcx alt, bcst fy fcaks, wnoo fl tml frhcdlst wntm

cfshoutloy ah tcx lvcsnha, `cknaj nt phssnfol ehr tml ohwlst tcx socf rctl cad tml bmlcplst

prnbls he bh``hdntnls/slrvnbls. Tml rldnstrnfutnha he rlvlauls erh` Jhvlra`lat th plhpol na

tml ehr` he wloecrl sbml`ls, sufsndnls cad vcrnhus rlonle euads wnoo flbh`l lcsnlr wntmhut

olckcjls, frnfls cad nscpprhprnctnha. Cotmhujm tmns alw tcxctnha systl` ns c fcsnb `hdlo

sujjlstld `cnaoy ehr Nadnc, tml fcsnb bhablpt he tcxctnha, tcx bhoolbtnha cad tcx bh`poncabl

`ltmhds bca fl cdhptld cad n`pol`latld fy coo tml dlvlohpld cad dlvlohpnaj bhuatrnls conkl

th flalent 5.> fnoonha plhpol he tml whrod na coo spmlrls he tmlnr onvls na hal ehr` hr tml htmlr.

Tmns crtnbol bhatcnas lnjmt pcrts7 ----3. Tcx strubturl cad dnrlbt flalents he tml THY Tcx systl`.

6. @ltmhd he n`pol`latctnha he THY Tcx systl`.

2. On`ntld pcplr burrlaby.

4. @haly suppoy cad `haltcry phonby


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=. Ru``cry he THY Tcx systl`

3. Tcx strubturlcad dnrlbt flalentshe tml sujjlstld THY Tcx systl

Tcx strubturl he sujjlstld THY Tcx systl`Yrlslat systl`

Dnrlbt/Nadnrlbt

tcxls(Blatrl cad

Rtctls)

Rujjlstld THY Tcx systl` sujjlstld

socf rctl

3.Nabh`l Tcx

6.bhrphrctnha Tcx

2.bcpntco jcnas Tcx

4.wlcotm Tcx

.Rcols tcx/UCT fy

Rtctls

39.Rtc`p duty

33.ocad rlvlaul

36.Yrhelssnhaco

Tcx

32.Rtctl Lxbnsl

34.hbtrhn

3


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tcx ns olvnld ha nabh`ls lcrald/jht tmrhujm scocry, rlùalrctnha, fusnalss, jnets, dhactnhas

cad scol prhbllds (mhwlvlr wntm sh`l lxl`ptnhas) flehrl usld ha lxpladnturl/spladnaj,

dhactnhas cad vcrnhus navlst`lats. \adlr prhphsld THY Tcx systl` tml Bhrphrctnha Tcx cad

Busth` duty/N`phrt duty bca fl olvnld fy tml Blatrco jhvlra`lat cs usuco th scvl s`coo sbcol

cad dh`lstnb nadustrnls rlsplbtnvloy. Rn`nocroy tml lxbnsl duty ha onquhr cad wnals bca fl

olvnld fy tml Rtctl jhvlra`lats cs uadlr tml prlslat systl` th namnfnt mlcvy bhasu`ptnha cad

cddnbtnha.

Dnrlbt flalents he tml sujjlstld THY Tcx systl`

\adlr prhphsld THY Tcx systl` tmlrl wnoo fl ah Nabh`l Tcx cad htmlr Dnrlbt tcxls.

Flalents7

Rh uadlr sujjlstld THY Tcx systl`, plhpol wmh mcvl tcxcfol nabh`ls jht erh` scocry/

rlùalrctnha/prhelssnhaco nabh`l/dhactnha/jnet/slrvnbl/fusnalss/nadustry wnoo flalent cs tmly

alld aht pcy Nabh`l tcx/htmlr Dnrlbt tcxls cad suf`nt Nabh`l Tcx rlturas caaucooy. : fnoonha

Ylhpol he tml whrod wnoo fl uasmcbkold erh` cooDnrlbt tcxls, tcx ocws, tcx rcnds, tcx rlturas,

cbbhuatnaj cad cudntnaj.

\adlr sujjlstld THY Tcx systl` tmlrl wnoo fl ah Rcols Tcx (UCT), Blatrco Lxbnsl Duty

(BLAUCT), Rlrvnbl Tcx cad coo htmlr Nadnrlbt Tcxls.

Flalents7-

3. @crklts wnoo fl euooy hpla wntmhut cay murdols onkl ùotnpol tcxls, plr`nts, onblasls, wcy

fnoos, cbbhuatnaj, cudntnaj, tcx rlturas cad tcx ocws. Trcdlrs, `cauecbturlrs, trcasphrtlrs,

dlcolrs, rltcnolrs, vladhrs, bhatrcbthrs, slrvnbl prhvndlrs cad coo htmlrs wnoo aht alld th

`cnatcna cbbhuat fhhks, scols onsts, sthbk onsts, wcy fnoos ltb. Ah cbbhuatnaj, cudntnaj cad tcx

rlturas wnoo fl rlqunrld ehr nadnvnducos wmh rua fusnalss hr nadustry. Tml prlslat dcy trcdl

fcrrnlrs fltwlla `cauecbturlrs cad bhasu`lrs; fltwlla tml Rtctls wntmna tml bhuatry cad

fltwlla tml actnhas bca fl thtcooy rl`hvld.

6. Tmlrlehrl coo tml bmlbk phsts, wntmna c THY Tcx systl` n`pol`latld bhuatry, bca fl

thtcooy rl`hvld coohwnaj erll `hvl`lat he nadustrnco jhhds/bh``hdntnls cad cjrnbuoturl

prhdubl erh` caywmlrl th caywmlrl na tmct bhuatry cad flalenttnaj coo ecr`lrs,

`cauecbturlrs, trcdlrs cad hrl n`phrtcatoy tml bhasu`lrs.

2. Tml latnrl trubk hwalrs wnoo flalent cs tmly alld aht pcy frnfls ct bmlbk phsts. Tmly alld

aht bcrry wcy fnoos wmnol trcasphrtnaj nadustrnco jhhds cad cjrnbuoturl prhdubl erh` hal

pocbl th cahtmlr pocbl na tmct THY Tcx systl` n`pol`latld bhuatry.

4. Tml latnrl ecr`naj bh`ùanty wnoo flalent cs tmly bca trcasphrt tmlnr cjrnbuoturl prhdubl

erh` caywmlrl th caywmlrl cad sloo tmlnr prhdubl ct `crklt prnbls.


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Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl


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onvl cbbhuat ct tml cjl he 39 hr 3< ylcrs cs dlbndld fy tml Jhvlra`lat. C

plrshas @cna Rcvnajs Cbbhuat wnoo flbh`l hplrctnhaco cad stcrt euabtnhanaj

erh` tml cjl he 39 hr 3< ylcrs. Na tml bcsl he hrpmcas tml cbbhuat au`flrs wnoofl rljnstlrld na tml shbnco wloecrl `nanstrnls cad nt smhuod fl `cdl `cadcthry

ehr Rtctl Jhvlra`lat th ohhk cetlr lvlry hrpmcas bcrl tnoo ml rlcbmls 69 ylcrs

cad jlt l`pohy`lat. Tmct `lcas tmlrl wnoo fl ah strllt bmnodrla cad bmnod

ocfhur.

Tml lnjmtm cad anatm dnjnts erh` tml olet sndl [93P dlahtl tml `cna scvnajs

cbbhuat. Nt ns bh``ha ehr coo @cna Rcvnajs Cbbhuats. Tml ocst snx dnjnts 4

crl slrnco au`flrs he tml @cna Rcvnajs Cbbhuats. Tmct `lcas ha lcbm dcy tml

anal dnjnts erh` tml olet sndl wnoo rl`cna sc`l. Tml ocst snx dnjnts erh` rnjmt sndl

wnoo fl erh` 999993 th >>>>>>. Tml plrsha bca bmhhsl mns/mlr @cna RcvnajsCbbhuat au`flr erh` tml cvcnocfol au`flrs. Zntm tml bmcajl he dctl, `hatm

cad ylcr tml ocst snx dnjnt slrnco au`flrs wnoo rlplct. Ehr lvlry >>> ylcrs tml 39999934

4 ns tml fcak [Enacabnco nastntutnhaP cbbhuat au`flr cad 999993 nshal he nts frcabm bhdl au`flr.

Ehr coo fcak cbbhuats tml enrst tmrll dnjnts crl >>>. Tml ocst envl dnjnts 4

crl fcak cbbhuat au`flrs. Tml fcaks bca bmhhsl tmlnr cbbhuat au`flrs

cvcnocfol ct tml tn`l he rljnstrctnha erh` 999993 th >>>>>>. Tml `nddol snx

dnjnts 999993 crl tmct pcrtnbuocr fcaks frcabm bhdl au`flrs. Tml fcak bca

cooht cay bhdl au`flrs erh` 999993 th >>>>>> th lcbm he nts frcabmls.

Fcaks [enacabnco nastntutnhasP hplrctl @RCs, RRCs cad BCAs cs ohaj cs tml

cbbhuat mhodlrs wcat. Fut tmly whuod aht hwa tmlsl cbbhuats. Tmlsl cbbhuatscrl phrtcfol cad bca fl smnetld erh` cay fcak th cay fcak ct cay tn`l.

Cetlr lstcfonsmnaj sueenbnlat au`flr he fcaks/slrvnbl blatrls fy tml Jhvlra`lat (ehr lxc`pol,

Nadnc) wntm tml mlop he prnvctl slbthr fcaks cad enacabnco nastntutnhas, coo tml bntnzlas smhuod fl

cskld th dlphsnt coo tml burrlaby ahtls he 3999,


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Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl >

rlsplbtnvl alwoy jnvla @RCs hr alwoy hplald/bhavlrtld RRCs wntmna tml sc`l stnpuoctld

plrnhd he 29 dcys.

Cetlr tmns jrcbl plrnhd he 29 dcys, tml Jhvlra`lat (ehr lxc`pol, Nadnc)allds th dl`haltnsl

coo ahtls he dlah`nactnha 3999,


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cuth`ctnbcooy dldubtld erh` tmct cbbhuat cad trcaselrrld th Rtctl cad Blatrls bh`fnald

cbbhuat (RCBBC). Tml THY Tcxwnoo fl tml sc`l cad uanehr` tmrhujmhut tml bhuatry ha coo bcsm

trcaselrs `cdl tmrhujm haonal/bmlqul/DD erh` coo cbbhuats thwcrds purbmcsl, jnet, dhactnha,

cad scocry/ell/rlùalrctnha. Rh na tml sujjlstld THY Tcx systl` tml tcx fcsl wnoo fl tml

ocrjlst th mcvl tml `nanù` socf rctl cad tml ohwlst tcx bh`phalat ha lcbm

bh``hdnty/slrvnbl. Ylhpol wnoo jlt bh``hdntnls/slrvnbls ct tml ohwlst prnbls tmca na tml

prlslat systl`. Eurtmlr`hrl tml thtco rlvlauls jlalrctld erh` THY Tcx erh` coo bcsm

trcaselrs erh` coo cbbhuats wnoo fl `hrl tmca dhufol tmca tml bh`fnald rlvlauls he coo Rtctls

cad Blatrl jht erh` prlslat ùotnpol tcxls wntm dneelrlat socf rctls. Zntm on`ntld pcplr

burrlaby cad dl`ctlrnconsld `haly na tml THY tcx systl`, lvlry trcascbtnha wnoo fl

trcaspcrlat dlpnbtnaj tml cbtuco JDY he tml bhuatry. Na ontlrco slasl, lvlry purbmcsl, jnet,

dhactnha cad coo typls he pcy`lats wnoo mcvl th fl bcrrnld tmrhujm haonal bcsm trcaselrs erh`

hal cbbhuat th cahtmlr cbbhuat flbcusl he on`ntld pcplr burrlaby. Tml thtco rlvlauls jht

erh` THY Tcx wnoo fl cpprhxn`ctloy lquco th 2x4 %( 36%) he cbtuco vcoul he tml JDY he tmctbhuatry na tml `cauecbturlr, dlcolr, rltcnolr cad bhasu`lr bmcna. Cs jhhds, bh``hdntnls,

slrvnbls, dhactnhas, pmysnbco cad natloolbtuco whks bmcajl mcads na tml `cauecbturlr, dlcolr,

rltcnolr cad bhasu`lr bmcna dl`ctlrnconsld `haly wnoo fl trcaselrrld erh` hal cbbhuat th

cahtmlr cbbhuat bhrrlsphadnajoy. Tmus lvlry bcsm trcaselr thwcrds purbmcsl, jnet, dhactnha,

scocry/rlùalrctnha hr cay htmlr purphsl wnoo fl cbbhuatld cad wntmna tml systl` lon`nactnaj

uadlrjrhuad/smcdhw/uarlphrtld/mnddla trcascbtnhas hplrctld fy pmysnbco burrlaby jht erh`

focbk `haly cad eckl burrlaby na tml prlslat lbhah`nb systl`. Na tml prlslat systl` tml

pcrcoolo lbhah`y, flnaj rua fy focbk `haly cad eckl burrlaby, ns hfsburnaj tml rlco JDY cad

mc`plrnaj hr ohwlrnaj tml bhoolbtnha he rlvlauls. Tml THY Tcx systl` wnoo lon`nactl tml focbk

`haly cad eckl burrlabnls ct hal jh cad dlpnbt tml lxcbt JDY he tml bhuatry. Tml htmlr sconlatelcturl he tml THY Tcx systl` ns tml flttlr lbhah`nb `cacjl`lat cad custlrnty. Tml

nadnvnducos, wmh rua fusnalss hr nadustry, wnoo fl rlonlvld erh` c`fnjuhus tcx strubturls,

poltmhrc he tcx ocws, cad `cadcthry scols onsts, sthbk onsts, cbbhuatnaj, cudntnaj cad tcx rlturas.

4% THY Tcx ha coo bcsm trcaselrs bcrrnld tmrhujm bmlqul, brldnt/dlfnt bcrds cad haonal erh`

hal @RC th cahtmlr @RC, RRC, hr BCA wnoo dldubt. Fut coo Rtctl cad Blatrco Jhvlra`lat

cbbhuats cad fcak cbbhuats wnoo fl lxl`ptld erh` THY Tcx. Rhet prhjrc``naj wnoo fl subm

tmct tml THY TC] wnoo aht fl dldubtld ha `haly eohws erh` Rtctl cad Blatrco Jhvlra`lat

cbbhuat th RRCs, @RCs, BCAs cad fcak cbbhuats. Rn`nocroy tml THY Tcx wnoo aht fl dldubtld ha

`haly eohws erh` @RCs, BCAs, RRCs th fcak cbbhuats wmla ohca rlpcy`lats crl `cdl.

4% THY tcx wnoo fl dldubtld ha coo `haly eohws cs nadnbctld

na tmlsl tcfols

@cna Rcvnajs Cbbhuat

[@haly eohws erh` @RC

th @RC, RRC, BCAP

@cna Rcvnajs Cbbhuat [@RCP

Ruf Rcvnajs Cbbhuat [RRCPBhrphrctl Cbbhuat Au`flr [BCAP


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Ruf Rcvnajs Cbbhuat [RRCP

[@haly eohws erh` RRC

th @RC, RRC, BCAP


Ruf Rcvnajs Cbbhuat [RRCP

Bhrphrctl Cbbhuat Au`flr [BCAP

Bhrphrctl Cbbhuat Au`flr [BCAP[@haly eohws erh` BCA

th @RC, RRC, BCAP


Ruf Rcvnajs Cbbhuat [RRCPBhrphrctl Cbbhuat Au`flr [BCAP

Tmlrl wnoo fl ah THY Tcx ha `haly trcaselrs cs nadnbctld na tmlsl tcfols

Rtctl cad Blatrco

Jhvlra`lat cbbhuats@cna Rcvnajs Cbbhuat [@RCP

Ruf Rcvnajs Cbbhuat [RRCBhrphrctl Cbbhuat Au`flr [BCAP

Fcak cbbhuats@cna Rcvnajs Cbbhuat [@RCP

Ruf Rcvnajs Cbbhuat [RRC


Fcak cbbhuats@cna Rcvnajs Cbbhuat [@RCP

Ruf Rcvnajs Cbbhuat [RRC


Na cddntnha th tml Trcaselr Hr Yurbmcsl(THY) tcx, c Yrhent Tcx (YT) he 29% whuod fl olvnld cadcuth`ctnbcooy dldubtld habl c ylcr ha tml `nanù` c`huat rlbhrdld na tml enacabnco ylcr he

@cna Rcvnajs Cbbhuat (@RC) cad lcbm Ruf Rcvnajs Cbbhuat (RRC),ne cay, he lvlry bntnzla. Tml

enacabnco ylcr he tml @RC he c plrsha fljnas ct tml dctl tml Jhvlra`lat coohts mn`/mlr tml

@RC. Tml enacabnco ylcr he tml Ruf Rcvnajs Cbbhuat (RRC) wnoo fljna ct tml dctl c plrsha

bmhhsls th hpla mns/mlr RRC. Tmns Yrhent Tcx (YT) ns ca cbbhuat fcsnb cad nt ns thtcooy nrrlolvcat

wmh hwas tmct cbbhuat (@RC/RRC). Tml Yrhent Tcx,29% he `nanù` fcocabl c`huat rlbhrdld

na tml @RC cad lcbm RRC (ne cay) he lvlry plrsha, wnoo fl cuth`ctnbcooy dldubtld ha tml ocst

dcy he tml enacabnco ylcr he tmct @RC cad RRC(ne cay) he lcbm plrsha. Tml Yrhent tcxna tml alxt

enacabnco ylcr he tmct pcrtnbuocr @RC/RRC wnoo fl olvnld ha tml `nanù` fcocabl rlbhrdld he

tmct ylcr `naus tml prlvnhus ylcrs tcxld c`huat he tmct pcrtnbuocr @RC/RRC njahrnaj tml

`cxnù` c`huat, mhwlvlr mujl `cy fl. Tmus tml dldubtld Yrhent tcx, 29% he `nanù`

fcocabl c`huat rlbhrdld na tml @RC cad lcbm RRC (ne cay) he lvlry plrsha na c pcrtnbuocr


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Rtctl, wnoo fl trcaselrrld th tmct Rtctl cad blatrls bh`fnald cbbhuat (RCBBC). Tml bh`fnald

tcxls he THY Tcx cad Yrhent tcx, bhoolbtld na lvlry Rtctl cad Blatrls bh`fnald cbbhuat

(RCBBC), wnoo mcvl th fl smcrld fltwlla tmct pcrtnbuocr Rtctl cad Blatrl na tml rctnh he tmct

pcrtnbuocr Rtctl jlttnaj :9% cad Blatrl 29%. Mlabl tml thtcooy hptnhaco cad cvhndcfol Yrhent

Tcx wnoo lasurl tmct tml `haly wnoo fl bhastcatoy pu`pld fcbk nath systl` kllpnaj tml

lbhah`nb jrhwtm ct mlcotmy rctl. Na tml prlslat systl` tml mujl focbk `haly, jlalrctld fy

mnddla/smcdhw cbbhuats, bh`fnald wntm mujl eckl burrlaby ns pocynaj mcvhb wntm hur

lbhah`y. Flsndls tmlsl twh tcxls ac`loy THY Tcx,cad Yrhent tcxwmnbm bca fl cvhndcfol, tml

Blatrco Jhvlra`lat smcoo n`phsl tml busth`s duty (n`phrt duty) cad Bhrphrctnha tcx cs na tml

lxnstnaj systl`. Lxblpt tmlsl ehur tcxls, tml THY Tcx systl` sujjlsts rl`hvco he coo htmlr

Dnrlbt tcxls, Nadnrlbt tcxls cad vcrnhus surbmcrjls olvnld na tml prlslat systl`.

Tml ehoohwnaj twh tcfols bolcroy nooustrctl mhw thtcooy cvhndcfol Yrhent Tcx ns dldubtld erh`

RRC cad @RC he c plrsha ha `nanù` fcocabl c`huats rlbhrdld na lcbm enacabnco ylcr

lxboudnaj tml prlvnhus hr ocst tcxld c`huat.Lxc`pol37 Nt smhws mhw tml Yrhent tcx ha `nanù` fcocabl c`huats rlbhrdld lcbm ylcr

lxboudnaj tml prlvnhus hr ocst tcxld c`huatwnoo fl dldubtld erh` lcbm Ruf Rcvnajs cbbhuat

(RRC) hplrctld fy c fcak/slrvnbl blatrl nrrlsplbtnvl he tml ecbt tmct wmh mhods tmct cbbhuat.

^lcr

@nanù`

fcocabl he

tml ylcr

@cxnù`

Fcocabl he

tml ylcr

Yrhent Tcx (YT) ha tml @na.

C`t.Tml ocst tcxld c`huat

Alt Yrhent Tcx

(YT)Dldubtld

699:-9= 39,999 49,999 :9,99,999 29% he (49,999-39,999) >,999.99

699>-39 >9,999 3,=9,99,999 29% he (>9,999-49,999) 3


13/65


TC]LR


Ahw nt ns bolcroy uadlrsthhd tmct tml Trcaselr Hr Yurbmcsl (THY) Tcx wnoo fl sc`l ha bcsm

trcaselrs na coo tmrll cbbhuats ac`loy @cna Rcvnajs Cbbhuat (@RC), Ruf Rcvnajs Cbbhuat (RRC)

cad Bhrphrctnha Cbbhuat Au`flr (BCA).Tml Yrhent Tcxns cosh sc`l na @cna Rcvnajs Cbbhuat

cad Ruf Rcvnajs Cbbhuatlxblpt tml `nanù` sthrcjl fcocabl na @cna Rcvnajs Cbbhuat(@RC).

Tml Yrhent Tcxha `nanù` fcocabl na @cna Rcvnajs Cbbhuatwnoo fl olvnld erh` Vs. 2 ockms

hawcrds. Tml Yrhent Tcx ha `nanù` fcocabl na Ruf Rcvnajs Cbbhuat stcrts erh` zlrh

hawcrds. Na tml bcsl he Bhrphrctnha Cbbhuat Au`flr (BCA), tml Yrhent Tcx wnoo mcvl th fl

olvnld na tml ehr` he Bhrphrctnha Tcxcs na tml lxnstnaj systl`.

Yolcsl ahtl tmct lcbm plrsha wnoo mcvl haoy hal plr`calat cad onel tn`l @cna Rcvnajs

Cbbhuat(@RC)fut bca mcvl cs `cay Ruf Rcvnajs Cbbhuat (RRC)cs ml/sml bca wnsm. Rn`nocroy

tml Yrhent Tcx wnoo fl ha cbbhuat fcsnb cad thtcooy cvhndcfol, nastlcd he nadnvnduco fcsnb cad

bh`puoshry Nabh`l tcx cs na tml prlslat lbhah`nb systl`. Yolcsl cosh ahtl tmct tml Yrhent Tcx

ha `nanù` fcocabl rlbhrdld na lcbm ylcr na @cna RcvnajsCbbhuatwnoo fl olvnld erh` Vs. 2,

99,999 hawcrds. Na tml prlslat systl` tml Nabh`l Tcx, cbbhuatnaj, cudntnaj cad tcx rlturascrl bh`puoshry. Rh plrshas wmh mcvl tcxcfol nabh`ls tmrhujm scocry hr fusnalss hr nadustry hr

rlùalrctnha alld th suf`nt Nabh`l Tcx rlturas caaucooy. Fut THY Tcx systl`s Yrhent tcx

`lcas nt wnoo fl n`phsld ha plrshas uausld hr uasplat nabh`ls jht tmrhujm scocry,

rlùalrctnha, fusnalss, nadustry, dhactnhas cad jnets. \asplat hr uausld `haly `lcas thtco

nabh`ls durnaj enacabnco ylcr `naus tml thtco lxpladnturl, navlst`lats cad dhactnhas. Yrhent

tcxhe 29% ha `nanù` fcocabl rlbhrdld na tml enacabnco ylcr he lcbm Ruf Rcvnajs cbbhuat

(RRC) hr @cna Rcvnajscbbhuat (nrrlsplbtnvl he tml mhodlr he tmct cbbhuat) hplrctld fy cay

fcak/slrvnbl blatrl wnoo fl dldubtld ha tml ocst dcy he tml enacabnco ylcr he tmct pcrtnbuocr RRC

hr @RCcad wnoo fl trcaselrrld th Rtctl cad Blatrls bh`fnald cbbhuat (RCBBC). Tml Yrhent tcx

na tml alxt enacabnco ylcr he tmct pcrtnbuocr @RC/RRC wnoo fl olvnld ha tml `nanù` fcocablrlbhrdld he tmct ylcr `naus tml prlvnhus ylcrs tcxld c`huat he tmct pcrtnbuocr @RC/RRC

njahrnaj tml `cxnù` c`huat, mhwlvlr mujl `cy fl. Yolcsl uadlrstcad tmct `nanù`

fcocabl rlbhrdld na tml enacabnco ylcr he lcbm Ruf Rcvnajs cbbhuat (RRC) hr @cna Rcvnajs

cbbhuat `lcas tml `haly uausld hr stcjactldehr `hrl tmca hal ylcr. Na tml alxt enacabnco

ylcr he tml @RChr RRC, tml Yrhent Tcxwnoo fl olvnld ha tml cddntnhaco uausld hr stcjactld

`halyhvlr tml prlvnhus tcxld c`huat. Tmct `lcas tmlrl wnoo fl ah rlburrnaj prhent tcxha

uausld hr sthrld `haly. Habl tcxld, tml uausld `haly bca fl splat cad rlbmcrjld/rlsthrld

wntmhut flnaj rl tcxld ehr tml latnrl onel he tmct cbbhuat. Na tml bcsl he bcpntco jcnas erh` c

scol he cay prhplrty hr csslt, c plrsha wnoo mcvl c `nanù` he 254 dcys cad `cxnù` he 3

ylcr cad 254 dcys plrnhd th cvhnd Yrhent Tcx erh` scol prhbllds (bcpntco jcnas) th rlnavlst.Rn`nocroy 4% Trcaselr Hr Yurbmcsl tcx(THY Tcx),na onlu he prlslat coo nadnrlbt tcxls cad vcrnhus

surbmcrjls, wnoo fl dldubtld erh` lvlry `haly trcaselr na lcbm Ruf Rcvnajs Cbbhuathr @cna

Rcvnajs Cbbhuatnrrlsplbtnvl he tml ecbt tmct wmhlvlr mhods tmct cbbhuat cad ha wmct purphsl

tml c`huat mcs flla trcaselrrld (purbmcsl, jnet, dhactnha, scocry/rlùalrctnha hr cay htmlr

purphsl) hplrctld fy cay fcak hr slrvnbl blatrl cad trcaselrrld th Rtctl cad Blatrls

bh`fnald cbbhuat (RCBBC). Tmus coo nadnvnducos wmh lcra tmrhujm scocrnls, rlùalrctnhas,

jnets, cad dhactnhas wnoo alld aht pcy nabh`l tcx cad suf`nt nabh`l tcx rlturas caaucooy.

Tmus plhpol wnoo fl rlonlvld erh` tml bhfwlf he prlslat c`fnjuhus cad bh`polx tcx

strubturls, poltmhrc he tcx ocws, `cadcthry cad bu`flrsh`l cbbhuatnaj, cudntnaj cad tcx

rlturas, cad bhaslqulat qucj`nrl he coo tcx rloctld bcsls.Mhw th cvhnd Yrhent tcx7 ---------------


14/65


TC]LR


Lvlry plrsha wnoo mcvl tml ehoohwnaj hptnhas th cvhnd Yrhent Tcxhe 29% flnaj dldubtld erh`

mns/mlr @cna Rcvnajs Cbbhuatcad Ruf Rcvnajs Cbbhuats.

Ml/sml bca fuy ocads up th 69 cbrls he ocad, uaon`ntld au`flr he eocts, bh``lrbncolstcfonsm`lats cad htmlr prhplrtnls cs ml/sml wnsmls. Tmns lacfols rlco lstctl slbthr jrhws ct

ecstlr rctl cad mhusl rlats wnoo bh`l dhwa sufstcatncooy flalenttnaj ec`nonls wmh mcvl ah hwa

mhusls.

Ml/sml bca fuy uaon`ntld au`flr he smcrls cs ml/sml wnsmls .Lvla tmhujm ml/sml ohhsls c 4%

he smcrl vcoul cs THY Tcx wmnol trcaselrrnaj bcsm erh` mns/mlr cbbhuat stnoo ml/sml jlts

flalentld erh` 29% Yrhent Tcx flnaj dldubtld. Rh plhpol wnoo ohhk hut ehr tml bh`pcanls wmnbm

dlbocrl dnvndlads lvlry ylcr. Tmly cosh study bcrleuooy tml euadc`latcos he tml bh`pcay onkl

tml fhhk vcoul, LYR, Y/L rctnh, prhents, dnvndlads, rlslrvls, oncfnontnls ltb. flehrl fuynaj smcrls.

Na tmns sblacrnh tml sthbk `crklts wnoo jrhw ct stlcdy rctl cad tmlrl wnoo fl ah `crklt brcsmls

ahw cad tmla cs wl crl lxplrnlabnaj uadlr prlslat systl`.

Ml/sml bca olad haly th htmlrs wmh crl na alld. Lvla tmhujm ml/sml ohhsls 4% he `haly cs

THY Tcx wmnol trcaselrrnaj bcsm ml/sml jlts flalentld fy jlttnaj 4% natlrlst ha tml ohca

c`huat lvlr ylcr. Na tml prhblss tml ohcalrs (ohca tcklrs) wnoo jlt ohcas ct bmlcplr rctl wmla

bh`pcrld th prlslat systl`.

Ml/sml bca sltup nadustrnls, stcrt fusnalssls th cvhnd Yrhent tcx. Rh na tmns prhblss mujl

l`pohy`lat hpphrtuantnls wnoo fl jlalrctld. Rh na tml lasunaj bh`pltntnha, bh``hdntnls

prnbls wnoo flbh`l `ubm bmlcplr.

Ml/sml bca trcaselr bcsm erh` mns/mlr @RC/RRCs th cahtmlr hal he mns/mlr Ruf Rcvnajs

Cbbhuats hr th mns wnels/mlr musfcads RRCs th cvhnd Yrhent tcx. Ml/sml bca dhactl mujl

c`huats th hrjcansctnhas/bmcrntcfol trusts ne ml/sml wnsmls. Na tmns prhblss ml/sml wnoo ohsl 4%

he tmct trcaselrrld bcsm na tml ehr` he Thp Tcx.

Ml/sml bca navlst na vcrnhus Onel Nasurcabl sbml`ls. Ct tml lad he tml `cturnty plrnhd tmly wnoo

jlt haoy tml cbtuco thtco prl`nu` c`huat pcnd wntmhut cay natlrlst. Fut na bcsl he prl`cturl

dlctm hr mhspntconsctnha dul th nooalss euoo nasurld c`huat wnoo fl pcnd cs na tml prlslat systl`.

Unvnd lxpocactnha7 - Tml THY Tcx systl`s tcx bhoolbtnhas (THY Tcx cad Yrhent tcx) ehr

Jhvlra`lat cad tcx pcy`lats/tcx bh`poncabl fy coo bntnzlas wnoo fl thtcooy cuth`ctnb cad

navhouatcry gust onkl rlspnrcthry systl` na mu`ca fhdy. Lvlry cbbhuat (@RC/RRC/BCA) ns ca

navhouatcry tcxpcynaj cbbhuat. C plrshas @cna Rcvnajs Cbbhuat au`flr wnoo rl`cna sc`l

ehr mns/mlr latnrl onel tn`l. Ml/sml bca bmcajl tml fcak ct cay tn`l fut tml cbbhuat au`flr

wnoo rl`cna sc`l. Tml @cna Rcvnajs Cbbhuat au`flr ns phrtcfol. Bntnzlas alld aht `cnatcna

slpcrctl cbbhuat fhhks cad suf`nt tcx rlturas caaucooy ehr pcynaj lntmlr Dnrlbt tcxls haplrshaco nabh`ls hr Nadnrlbt tcxls wmnol ruaanaj fusnalss hr nadustry. Tml snajol tcx alt

(Trcaselr Hr Yurbmcsl tcx) sprlcds coo cbbhuats cad latnrl actnha wntmhut fhtmlrnaj cfhut

wmh mhods tmct cbbhuat. Tmns wnoo put tml tcx bh`phalat he jhhds/slrvnbls ct gust hal tmnrd

he tcx bh`phalat he tml lxnstnaj systl`. Flsndls tmct tmlrl wnoo fl ah tcx bhoolbtnha

lxpladnturl ehr tml Jhvlra`lat cad cfshoutloy ah tcx bh`poncabl bhst ehr pcynaj lntmlr

Dnrlbt tcxls ha plrshaco nabh`ls hr Nadnrlbt tcxls wmnol ruaanaj fusnalss hr nadustry. Tml

Trcaselr Hr Yurbmcsl tcx (4%) wnoo fl dldubtld cuth`ctnbcooy fy bh`putlr systl`s he fcaks

ha coo `haly trcaselrs erh` hal cbbhuat th cahtmlr cbbhuat `cdl tmrhujm bmlqul, dlfnt

bcrd, DD hr haonal trcaselrs nrrlsplbtnvl he tml ecbt tmct wmh mhods tmct cbbhuat cad ehr wmct

purphsl tmct `haly trcaselrs mcvl flla `cdl. Tmus tcx bhoolbtnha cad tcx bh`poncabl wnoonavcrncfoy flbh`l hal cad sc`l. Tmns cuth`ctnb tcx pcy`lat cad tcx bhoolbtnha systl`


15/65


TC]LR



16/65


TC]LR


lxthrtnhas, rcash`s, cad frnfls cbrhss tml whrod na co`hst coo actnhas flbcusl he tmns mujl

`haly na pmysnbco ehr`. Tmns pmysnbco `haly, na mujl c`huats, ns flnaj trcaselrrld erh` hal

mcad th htmlr loudnaj coo tcx alts na trcascbtnhas he bh``hdntnls hr jhhds. Tml uacbbhuatld

JDY ns scnd th fl thh mlcvy cad vcrnls erh` bhuatry th bhuatry dlpladnaj upha tml

bhrruptnha olvlo tmct lxnsts na tmct bhuatry. Na cddntnha th tmns focbk `haly tmlrl crl cosh

mujl c`huats he eckl burrlaby tmct mcs bhatc`nactld tml jlaunal burrlaby. Tml bh`fnald

leelbt he tml focbk `haly cad eckl burrlaby ns pocynaj mcvhb wntm lbhah`nls he `cay

bhuatrnls. Ahw `haly ns flnaj trlctld cs ca nabh`l jlalrctnaj csslt cad wlcotm nastlcd he

usnaj nt cs c `ldnu` na lxbmcajl he bh``hdntnls, jhhds, slrvnbls, cad smcrls, pmysnbco cad

natloolbtuco whrks. Tml mujl cbbu`uoctnha he `haly na elw phbklts na tml ehr` he focbk

`haly ns `cknaj tml bybonb bnrbuoctnha he `haly na tml lbhah`nb systl` th fl lrrctnb (sh`l

tn`ls `hrl bybols plr ylcr cad sh`l tn`ls olss bybols plr ylcr) wntm stcjactnha/aha uscjl he

`haly bcusnaj lbhah`nb rlblssnha ct tn`ls. Tml `uotnponlr leelbt ha tml `haly na fcaknaj

enacabl systl` ns dlbrlcsnaj tml rlco ecbl vcoul he tml pmysnbco burrlaby. Cotmhujm tmlnadnvnducos lcranajs crl nabrlcsnaj lvlry ylcr, tml purbmcsl vcoul he tml burrlaby ns

dlbrlcsnaj cad rlcbmld co`hst 3/39tm

he nts ecbl vcoul. THY Tcx systl` trnls th enx tmns

prhfol` fy qucontctnvl cad qucatntctnvl suppoy he `haly na lbhah`nb systl` sh tmct tml

purbmcsl vcoul he pmysnbco burrlaby ct nts ecbl vcoul rl`cnas mnjm cad sc`l ehr ohajlr plrnhd

he tn`l. Tml prnbls he bh``hdntnls hr slrvnbls wnoo rl`cna sc`l hr lvla dlbrlcsl lamcabnaj

tml purbmcsnaj bcpcbnty he plhpol lvlry ylcr wntm nabrlcsl na lcranajs (plr bcpntc nabh`l)

lcbm ylcr.

Na tml sujjlstld THY Tcx systl` >>.:% he tml `haly suppoy cvcnocfol na tml

lbhah`nb systl` wnoo fl na dl`ctlrnconsld ehr` na tml cbbhuats he bntnzlas, Jhvlra`lats cad

bh`pcanls. Haoy s`coo phrtnha he `haly, lqucoonaj gust 9.2% he tml thtco `haly suppoy na tmllbhah`nb systl`, wnoo fl na pmysnbco ehr` n.l. burrlaby ahtls hr bhnas.

\adlr THY Tcx systl` tml vcoul he tml on`ntld pcplr burrlaby smhuod fl lquco th tml vcoul he

tml [JDY he tmct bhuatry(lxphrtsn`phrts)P dnvndld fy 25


17/65


TC]LR

Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl 3:

Tml `hatmoy bcsm wntmdrcwco on`nt ehr lcbm bntnzla bca fl bcobuoctld cs ehoohws; - Tml vcoul

he tml [JDY vcoul he tmct bhuatry (lxphrts n`phrts)P dnvndld fy thtco au`flr he @RCs

dnvndld fy 36 (`hatms) [JDY / @RCs / 36P. Yolcsl aht tmct lcbm bntnzla cfhvl cjl he 3

THY Tcx systl` sujjlsts c alw ensbco phonby fy wmnbm tml Jhvlra`lat spladnaj smhuod fl

lquco th nts tcx rlvlauls jnvnaj c fcocabld hr stcfol lbhah`y. Tml Jhvlra`lat spladnaj bca

fl euadld tmrhujm gust hal tcx bcoold THY Tcx na pocbl he prlslat `uotnpol tcxls wntmdneelrlat socf rctls. Tmlrl wnoo fl haoy snajol tcx bcoold THY (Trcaselr Hr Yurbmcsl) Tcx wntm

enxld/stctnhacry socf rctl (4%) ha coo `haly trcaselrs erh` hal cbbhuat th cahtmlr cbbhuat.

Lvlry ylcr, cddntnhaco `haly lqucoonaj


20/65


TC]LR


`hvcfol cad n``hvcfol prhplrtnls onkl smcrls, ocads, pohts, eocts, jhod, snovlr, glwloolry,

hrac`lats, vlry mnjm vcould crtnbols, `hthr bybols, bcrs, htmlr vlmnbols cad coo htmlr

prhplrtnls/csslts. Zmnol purbmcsnaj hr sloonaj, tml trcaselr he hwalrsmnp rnjmts he tmlsl

csslts/prhplrtnls erh` hal plrsha th cahtmlr plrsha smcoo fl `cdl erh` hal plrshas @RC

th cahtmlr plrshas @RC tmrhujm fcaks/slrvnbl blatrls na c dnjntco/lolbtrhanb ehr`.

\scjl he @RCs, RRCs cad BCAs7-Na tml prlslat lbhah`nb systl` c plrshas hr c bh`pcays `haly, `hvcfol hr

n``hvcfol prhplrtnls(onkl vlmnbols, pohts, eocts, mhusls, ecbthrnls, bh``lrbnco lstcfonsm`lats,

ocads ltb.,) smcrls, ec`noy trll, nasurcabl phonbnls cad coo htmlr csslts crl rlbhrdld, `cacjld

cad mcadold fy dneelrlat dlpcrt`lats, cjlabnls hr nastntutnhas.

Fut na tml sujjlstld THY Tcx systl` lcbm nadnvnduco cfhvl tml cjl he 3< ylcrs wnoo mcvl

hal @cna Rcvnajs Cbbhuat bhasnstnaj he envl ehodlrs. @haly, `hvcfol hr n``hvcfol prhplrtnls

(onkl vlmnbols, pohts, eocts, mhusls, bh``lrbnco lstcfonsm`lats, ocads ltb.,) smcrls, ec`noy trll,

nasurcabl phonbnls ltb., crl rlbhrdld, `cacjld cad mcadold na c snajol cbbhuat bcoold @cna

Rcvnajs Cbbhuat (@RC) wntm envl ehodlrs na bcsl he nadnvnducos cad na Bhrphrctl Cbbhuat

Au`flrs (BCA) wntm slvla ehodlrs na bcsl he bh`pcanlswmnbm nssuld smcrls ehr pufonb. Tmlsl

cbbhuats ac`loy, @RCs, RRCs cad BCAs wnoo fl `cnatcnald cad hplrctld fy fcaks rlpocbnaj

dneelrlat dlpcrt`lats, tcx bhoolbtnha cad tcx laehrbl`lat fhcrds, cjlabnls hr nastntutnhas he

tml prlslat lbhah`nb systl`.

Tmus plhpols `haly, smcrls, coo `hvcfol cad n``hvcfol prhplrtnls wnoo fl na haoy hal

cbbhuat (@RC)wntm dneelrlat ehodlrs hplrctld fy fcaks.

3. \scjl he @cna Rcvnajs Cbbhuat (@RC) - Tmlrl wnoo fl haoy halbh`puoshry cad `cadcthry @RC ehr lcbm plrsha jnvla fy tml Jhvlra`lat. Tmns @RC wnoo mcvl

envl ehodlrs ehr lcbm splbnenb purphsl he ca nadnvnduco.

Tml enrst ehodlr(onqund `haly ehodlr) wnoo fl usld ehr sthrcjl cad uscjl he `haly (na THY Tcx

systl` nt ns bcoold cs onqund `haly) jlalrctld tmrhujm scvnajs/lcranajs/nabh`ls/dhactnhas.

Tmns ehodlr he @RC bca cosh fl usld th rua hr hplrctl cay fusnalss hr nadustry hwald wmhooy fy

ca nadnvnduco.

Tml slbhad ehodlr (n``hvcfol prhplrty ehodlr/Ocad Rcvnajs Cbbhuat/OBC) smcoofl usld ehr rljnstrctnha, sthrcjl cad uscjl he hwalrsmnp rnjmts he coo n``hvcfol prhplrtnls onkl

ocads, eocts, pohts, bh``lrbnco lstcfonsm`lats, cad ltbltlrc. Tml hwalrsmnp rnjmts he tmlslcsslts wnoo fl trcaselrrld erh` hal plrshas ORC th cahtmlr plrshas ORC wmnol

purbmcsnaj/sloonaj/dhactnaj he tmlsl n``hvcfol prhplrtnls.

Unvnd lxpocactnha7 - Ocad Rcvnajs Cbbhuat/OBC Na tmns sujjlstld THY Tcx systl` tml

n``hvcfol prhplrty ehodlr/ he lcbm plrsha smcoo fl utnonsld cs tml dl-`ct cbbhuat he tmctplrshashwalrsmnp rnjmts he n``hvcfol prhplrtnls onkl ocads, pohts, eocts, ecbthrnls cad htmlr

lstcfonsm`lats. Zmnol purbmcsnaj hr sloonaj, tml trcaselr he hwalrsmnp rnjmts he tmlsl

csslts/prhplrtnls erh` hal plrsha th cahtmlr plrsha smcoo fl `cdl erh` hal plrshas ORC th

cahtmlr plrshas ORC tmrhujm fcaks/slrvnbl blatrls na ca lolbtrhanb/dnjntco ehr`. Rh tml

trcaselr he csslts onkl ocads, pohts, eocts, strubturls cad htmlr lstcfonsm`lats wnoo tckl pocbl na

pmysnbco ehr` upha tml trcaselr he hwalrsmnp rnjmt he tmct csslt na dnjntco ehr` erh` hal ORC(sloolr) th cahtmlr ORC (fuylr). THY Tcx systl` sujjlsts tmct thtco ocad rlbhrd he tml bhuatry

smhuod fl dl`ctlrnconsld cbbhrdnaj th lxtlat, ohbctnha, `cppnaj cad hwalrsmnp. Tml ocad


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TC]LR


flohajs th plhpol wnoo fl rlbhrdld na tmlnr rlsplbtnvl ORCs. Rn`nocroy tml ocad tmct flohajs th

Jhvlra`lat, Jhvlra`lat hrjcansctnhas, bh`pcanls smhuod fl rlbhrdld na tmlnr rlsplbtnvl

cbbhuats. Tml

Vlplct;- \adlr tml THY tcx systl` tml purbmcsl he ocads, pohts, eocts hr htmlr

prhplrtnls smhuod fl `cdl tmrhujm Ocad Rcvnajs Cbbhuat (OBC), tml slbhad ehodlr he @cna

Rcvnajs Cbbhuat (@RC) hplrctld fy fcaks. Ne cay plrsha fuys ocad, poht, eoct hr cay htmlr

prhplrty caywmlrl na Nadnc tml lxtlat cad acturl he tml prhplrty wnoo fl brldntld na mns Ocad

Rcvnajs Cbbhuat cad tml sc`l prhplrty wnoo fl dlfntld erh` tml sloolr Ocad Rcvnajs Cbbhuat

(ORC). Zmlalvlr ml/sml sloos cay prhplrty tmct ns brldntld na mns ORC, tml sc`l wnoo fl

dlfntld erh` mns/mlr Ocad Rcvnajs Cbbhuat cad tml sc`l prhplrty wnoo fl brldntld na tml

fuylrs Ocad Rcvnajs Cbbhuat (ORC). Tml brldnt na tml ORC `lcas purbmcsl he n``hvcfol

prhplrty cad dlfnt `lcas sloonaj he n``hvcfol prhplrty. Tml n``hvcfol prhplrtnls wnoo fl

na dl`ctlrnconsld ehr` cad tml hwalrsmnp rnjmts bca fl trcaselrrld erh` hal cbbhuat th

cahtmlr cbbhuat gust onkl `haly trcaselrs cad smcrls. Gust onkl smcrls tmlrl wnoo fl ah pcplrdhbu`lats ehr prhplrtnls. \aonkl bcsm trcaselrs tml fuylrs prlslabl cad

snjacturl/cutmlatnbctnha smcoo cosh fl alldld ehr cay `hvcfol hr n``hvcfol prhplrty

trcascbtnha. C fcak stctl`lat he tml slbhad ehodlr (ORC) he cay plrshas @cna Rcvnajs

Cbbhuat wnoo mhod tml latnrl hwalrsmnp rnjmts he tmct plrshas coo n``hvcfol prhplrtnls. Tml

Ylhpol bca jlt tmlsl fcak stctl`lats he tmlnr prhplrtnls ct cay tn`l ct fcaks na cddntnha th

wllkoy, `hatmoy hr ylcroy stctl`lats fy phst hr l-`cnos hr fhtm. Tmly wnoo jlt pmhal

`lsscjls cad l`cno stctl`lats n``ldnctloy cetlr lcbm prhplrty trcaselr.

Tmlrl wnoo fl ah `uotnpol sloonaj he tml sc`l prhplrty th dneelrlat plhpol cad

uacutmhrnsld sloonaj/purbmcsl cad nooljco hbbupctnha he htmlr plrshas prhplrty wntmhut

mns/mlr kahwnaj/bhaslat wnoo aht fl phssnfol.Cdvcatcjls he Ocad Rcvnajs Cbbhuat7-

3. Ocad blnonaj cbtNa tml prlslat systl` rnbm plhpol crl mcvnaj mujl trcbts he cjrnbuoturl ocads na dneelrlat

dnstrnbts cad Rtctls `cknaj `hbklry he tml ocad blnonaj cbt. Tml rljnstrctnhas he ocads, eocts,

pohts cad htmlr prhplrtnls crl flnaj `cdl fy tml rljnstrctnha dlpcrt`lats cad ocad rlbhrds

crl `cnatcnald fy rlvlaul dlpcrt`lats.

Na tml THY Tcx systl` ocad blnonaj cbt bca fl strnbtoy laehrbld ha nadnvnducos cad ah

nadnvnduco bca mcvl `hrl tmca 69 cbrls he ocad na tml latnrl bhuatry. Lvlry nadnvnduco wnoo

mcvl haoy hal @cna Rcvnajs Cbbhuat bhasnstnaj he slpcrctl ehodlr bcoold Ocad Rcvnajs

Cbbhuat ehr coo n``hvcfol prhplrtnls onkl ocads, pohts, eocts, ltb., Coo n``hvcfol prhplrtnls,sntuctld wmlrlvlr na tml bhuatry, cohaj wntm coo dltcnos he Rurvly au`flrs, fhuadcrnls,

dlsbrnptnha, acturl, `cp, jlh ohbctnha, vnoocjl, dnstrnbt, stctl, lxtlat cad dctl he

sloonaj/fuynaj he lcbm prhplrty he lcbm plrsha wnoo fl rlbhrdld cad `cnatcnald na Ocad

Rcvnajs Cbbhuat (OBC).

Tml Ocad Rcvnajs Cbbhuat wnoo fl hplrctld cad `cnatcnald fy fcaks gust onkl `haly scvnajs

cbbhuats. Dlfnts cad Brldnts he coo prhplrtnls wnoo fl `cdl na tml Ocad Rcvnajs Cbbhuat wmnol

c plrsha fuys hr sloos mns prhplrty. Tml thtco lxtlat he ocad rlbhrdld na coo Ocad Rcvnajs

Cbbhuats flohajnaj th plhpol, Jhvlra`lats, dlpcrt`lats, hrjcansctnhas, bh`pcanls,

nastntutnhas ltb., wnoo rl`cna lxcbtoy tml sc`l lvla cetlr bhuatolss au`flr he dlfnts cad

brldnts lcbm dcy. Tml Ocad Rcvnajs Cbbhuat wnoo smhw ca nadnvnducos lxcbt hwalrsmnp rnjmtshe mns/mlr coo n``hvcfol prhplrtnls. Tml thtco ocad lxtlat na lcbm Ocad Rcvnajs Cbbhuat wnoo


22/65


TC]LR


alvlr brhss tml upplr on`nt he 69 cbrls (cs lavnscjld na THY Tcx systl`) strnbtoy cdmlrnaj th

ocad blnonaj cbt. Tmlrl bca fl cfshoutloy ah `uotnpol sloonaj he sc`l prhplrty th dneelrlat

plhpol. Nt wnoo flbh`l n`phssnfol ehr cay nadnvnduco th hwa mujl lxtlat he ocads (flyhad

ocad blnonaj cbt) uadlr dneelrlat ac`ls na dneelrlat ohbctnhas he tml bhuatry. THY Tcx systl`

lasurls tmct tml ocad blnonaj cbt bca fl n`pol`latld na thtconty th plrelbtnha `cknaj

Jhvlra`lats tcsk lcsnlr na pusmnaj ehrwcrd ocad rlehr`s cad coohbctnaj ocad th ocadolss

phhr.

Tmlrl wnoo fl ah pcplr dhbu`lats ehr coo `hvcfol cad n``hvcfol prhplrtnls. Mlabl ah

slpcrctl rljnstrctnha cad rlvlauls dlpcrt`lats crl alldld na tml sujjlstld THY Tcx

systl`. Haoy ocad survly dlpcrt`lat whuod sueenbl th `crk cad bolcr fhuadcry dnsputls.

6. Ecr` sufsndnls; -Na prlslat systl` >9% he thtco ecr` sufsndnls crl flnaj jhffold up fyrnbm ecr`lrs (39%), wmnol tml s`coo cad `crjnaco ecr`lrs (>9%) crl jlttnaj haoy 39% he thtco

ecr` sufsndnls. Tmns cah`coy bca fl thtcooy bmlbkld na THY Tcx systl` wmlrl Ocad Rcvnajs

Cbbhuat ns c suf-ehodlr he @cna Rcvnajs Cbbhuat hplrctld fy fcaks. Cbbhrdnaj th rlbhrds na

Ocad Rcvnajs Cbbhuats, tml thtco ecr` sufsndnls (399%) whuod rlcbm tml s`coo cad `crjnaco

ecr`lrs wmnol kllpnaj cwcy rnbm ecr`lrs erh` coo sufsndnls. Mlrl rnbm ecr`lrs `lcas

nadustrnconsts, bhatrcbthrs, prhelssnhacos, blolfrntnls, nadnvnducos, phontnbncas, fusnalss bocss,

scocrnld bocss (jhvt hr prnvctl) ltb., wmhsl caauco nabh`ls crl `hrl tmca 6,99, 999 (htmlr

tmca cjrnbuoturl nabh`l).

2. Ecr` ohcas; - Na tml prlslat systl` jlttnaj ecr` ohcas fy ecr`lrs ns bu`flrsh`l,ocfhrnhus, tn`l bhasu`naj cad frnflry rnddla lxlrbnsl. Ecr`lrs alld th jh erh` hal

dlpcrt`lat th cahtmlr dlpcrt`lat th jlt ocad dhbu`lats, lvcouctnha cad labu`frcabl

blrtnenbctls, rlvlaul blrtnenbctls ltb., cetlr pcynaj mlcvy frnfls. Ecr`lrs crl flnaj ehrbld th

tckl ohcas erh` prnvctl oladlrs wmh bmcrjl mnjm natlrlst rctls.

Fut Ocad Rcvnajs Cbbhuat wnoo `ckl `haly fhrrhwnaj fy ecr`lrs erh` fcaks sh `ubm lcsy,

nastcat, s`hhtm, tn`loy cad tn`l scvnaj lxlrbnsl. Fy usnaj Ocad Rcvnajs Cbbhuats tml frcabm

`cacjlrs bca scabtnha ecr` ohcas nastcatoy fcsld ha ocad rlbhrds na tml OBCs.

4. Natlrlst rctls ha ecr` ohcasNa tml sujjlstld THY Tcx systl` tml natlrlst rctls ha ecr` ohcas, up th Vs.39, 999, 99, wnoo fl

haoy 6% plr caau` cad 4% plr caau` flyhad Vs. 39,999,99.


23/65


TC]LR


fuys c prhplrty (ocad, poht, eoct, mhusl, bh``lrbnco lstcfonsm`lat) ehr Vs. 39 ockms, c THY tcx

he Vs. 49,999 wnoo fl dldubtld erh` mns @RC hr RRC wmnol trcaselrrnaj tml bcsm th tml sloolrs

cbbhuat. Ne ml/sml fuys tml sc`l prhplrty ehr Vs. 3 brhrl tml dldubtld THY tcx wnoo fl Vs. 4

ockms. Na tml bcsl c plrsha trcaselrs c prhplrty cs c jnet th mns/mlr sha/dcujmtlr hr cay htmlr

plrsha, trust hr hrjcansctnha tml THY tcx dldubtld wnoo fl ano cs tmlrl ns ah bcsm trcaselr

`cdl. Tmct `lcas tmlrl wnoo fl ah alld ehr slpcrctl rljnstrctnha cad rlvlaul dlpcrt`lats

ehr rljnstrctnhas cad mcadonaj he coo n``hvcfol prhplrtnls.

Tml tmnrd ehodlr (`hvcfol prhplrty ehodlr) smcoo fl utnonsld ehr hwalrsmnp rnjmts he coo`hvcfol prhplrtnls onkl vlmnbols, jhod, glwloolry, cad ltbltlrc. Tml hwalrsmnp rnjmts he tmlsl

prhplrtnls wnoo fl trcaselrrld erh` hal plrshas @RC (`cauecbturlr, dlcolr, cad sloolr) th

cahtmlr plrshas @RC wmnol purbmcsl/scol/dhactnha he tmlsl `hvcfol prhplrtnls. Tml

hwalrsmnp rlbhrds wnoo bhatcna tml vlmnbols `hdlo, `cauecbturnaj dctl, lajnal au`flr,

bmcssns au`flr, rljnstrctnha au`flr, entalss blrtnenbctl ltb. Tml hwalrsmnp rnjmts he coo vlmnbols

wnoo fl trcaselrrld erh` hal @RC flohajnaj th `cauecbturlr/n`phrtlr/dlcolr/rltcnolr, hr htmlr

bntnzla th tml fuylrs cbbhuat tmrhujm haonal gust onkl `haly trcaselrs na tml prlslat systl`.

Na tml THY Tcx systl` plhpol wnoo aht alld th mcvl slpcrctl vlmnbol rljnstrctnha blrtnenbctls,

entalss blrtnenbctls, cad nasurcabl blrtnenbctls ehr lcbm vlmnbol ml/sml hwas. Tml fcak

stctl`lat he tml tmnrd ehodlr he mns/mlr @RC, wmnbm bhatcnas tml hwanaj rlbhrd he coo mns/mlr

vlmnbols, wnoo sueenbl ehr coo mns/mlr vlmnbols.Tmct `lcas tml fcak stctl`lat he tml tmnrd ehodlr

(ORC) he cay plrshas @cna Rcvnajs Cbbhuat wnoo mhod tml latnrl hwalrsmnp rnjmts he tmct

plrshas coo `hvcfol prhplrtnls. Eurtmlr`hrl tmlrl wnoo fl ah alld th mcvl slpcrctl VTH

dlpcrt`lats ehr rljnstrctnha cad bmlbknaj he vlmnbols na tml THY Tcx systl`. Tml trceenb phonbl

dlpcrt`lat wnoo sueenbl th hvlrsll coo vlmnbols na prh`ptoy pcynaj tml rhcd tcxls cad nasurcabl

prl`nu`s rljuocroy. Tml dctc ha pcy`lat he rhcd tcxls bhoolbtld erh` fcaks wnoo lasurl tmcttml bmlbknaj cutmhrntnls bca sthp haoy tml aha tcxpcynaj vlmnbols olcvnaj tml tcx pcnd vlmnbols

uasthppld ha tml mnjmwcys.

Rn`nocroy tml jhod na tml latnrl bhuatry, hwald fy plhpol, n`phrtlrs, dlcolrs, sloolrs,

Jhvlra`lats, tl`pols, bh`pcanls, hrjcansctnhas, wnoo fl rlbhrdld na tml tmnrd ehodlr(`hvcfol

prhplrty ehodlr) he lcbm @cna Rcvnajs Cbbhuat. \pha tml ocuabmnaj he THY Tcx systl` plhpol

smhuod rljnstlr tml jhod tmly hwa na tmlnr tmnrd ehodlr he tmlnr @cna Rcvnajs Cbbhuat wntmna tml

stnpuoctld tn`l plrnhd he hal `hatm hr `hrl hr cs dlbndld fy tml Jhvlra`lat. Cetlr tmns

stnpuoctld tn`l plrnhd ah nadnvnduco wnoo fl coohwld th rljnstlr mns/mlr jhod. Erh` mlrlcetlr

wmla hal plrsha fuys jhod tml hwalrsmnp rnjmts he tml sloolr (n`phrtlr/dlcolr/rltcnolr, hr

htmlr bntnzla) wnoo fl trcaselrrld erh` mns/mlr @RC th tml fuylrs cbbhuat tmrhujm haonal gustonkl `haly trcaselrs na tml prlslat systl`. Rh tml hwalrsmnp rnjmts he jhod wnoo fl trcaselrrld

erh` hal @cna Rcvnajs Cbbhuat th cahtmlr cbbhuat (n`phrtlr, dlcolr, sloolr hr fltwlla

plhpol) ha lcbm purbmcsl hr sloonaj he jhod. Jhod ohcas wnoo fl jnvla ha tml rlbhrds he ca

nadnvnducos jhod hwanaj na mns/mlr @cna Rcvnajs Cbbhuat (tmnrd ehodlr) cad jhods pmysnbco

`hrtjcjl. Nt wnoo aht fl phssnfol lntmlr th `hrtjcjl hr sloo jhod wntmhut hwanaj rlbhrd na mns/

mlr @RC. Tmct `lcas tmlrl wnoo fl ah phssnfnonty he stlconaj jhod flbcusl tml tmnle bcaaht sloo

tml sthola jhod wntmhut tml hwanaj rlbhrd na mns/mlr cbbhuat. C plrsha bcaaht bh`pocna tml

tmlet he mns/mlr jhod `hrl tmca tml rlbhrdld jhod na mns/mlr cbbhuat. Rn`nocroy wmla ocw

laehrbl`lat cjlabnls rcnd c plrshas mhusl cad enad jhod flyhad tml rlbhrdld jhod na mns/mlr

cbbhuat nt wnoo fl dll`ld cs lntmlr sthola hr fhujmt erh` nooljco `lcas. Ylhpol, wmh frnaj jhoderh` cfrhcd ha rltura, smhuod rlbhrd nt na tmlnr @cna Rcvnajs Cbbhuat ct tml cnrphrt ntsloe. Tml


24/65


TC]LR


lxcbt jhod rlslrvl hwald lntmlr fy plhpol hr Jhvlra`lats wnoo fl kahwa ct cay tn`l. Lvlry

ylcr tml n`phrtld cad ohbcooy prhdubld jhod wnoo fl cddld th tmlsl rlslrvls.

Tml ehurtm ehodlr (smcrls/sthbks ehodlr) smcoo fl utnonsld ehr sthrcjl cad uscjl he hwalrsmnp

rnjmts he smcrls/sthbks, fhads, dlrnvctnvls ltb. Tml hwalrsmnp rnjmts he tmlsl slburntnls wnoo fl

trcaselrrld erh` hal plrshas @RC th cahtmlr plrshas @RC wmnol fuynaj/sloonaj/dhactnha.

Tml smcrls wnoo mcvl haoy hwalrsmnp rnjmts cad bcoold cs sl`n shond `haly.

Tml enetm ehodlr (ec`noy ehodlr) smcoo fl utnonsld ehr ec`noy dltcnos cad bcoold cs ec`noy ehodlr.

@crrncjl rljnstrctnha cad bmnod fnrtm rljnstrctnhas wnoo fl `cdl fhtm na musfcad cad wnels

ec`noy ehodlrs he @RCs. Fcsld ha tml dltcnos na tml ec`noy ehodlrs, `hatmoy rctnhas wnoo fl

bh`putld cad trcaselrrld lvlry `hatm, na tml ehr` he bcsm, dnrlbtoy nath tml wnels @RCs.

Lvlry bmnod wnoo jlt mns/mlr hwa @RC cbbhuat ct tml cjl he 3< ylcrs. Tml fcak stctl`lat he Tml

enetm ehodlr (ec`noy ehodlr) he @RC he cay nadnvnduco bca fl utnonsld cs bcstl cad nabh`l

blrtnenbctl, vhtlr onst, rctnha bcrd cad pcssphrt. Nt bca fl hftcnald wntmna `nautls erh` cay

fcak cad erh` caywmlrl na tml bhuatry. Ylhpol alld aht pcy frnfls th jlt tmlsl blrtnenbctlshr dhbu`lats erh` rlvlaul dlpcrt`lat cad pcssphrt heenbls. Coo euads coohbctld thwcrds

wloecrl he RBs, RTs cad FBs bca fl trcaselrrld dnrlbtoy nath tml @RCs he tmlsl slbtnhas

olcvnaj ah rhh` ehr olckcjls, frnfls cad `nscpprhprnctnha he tmlsl euads.

Unvnd lxpocactnha7- Coo tml dltcnos he c plrshas hbbupctnha, ldubctnhaco quconenbctnhas,

`crrncjl, drnvnaj onblasl, pcssphrt, mns/mlr onel pcrtalrs ac`l, YCA au`flr (@RC) (cad vnbl

vlrsc), bmnodrla cad tmlnr cjl ltb, wnoo fl rlbhrdld na tml enetm ehodlr(ec`noy ehodlr) he mns/mlr

@cna Rcvnajs cbbhuat. Tml pcrlats smhuod rljnstlr tmlnr bmnods dltcnos na tml dctc rlbhrd he

tmlnr @cna Rcvnajs Cbbhuat (@RC) wntmna tmrll `hatms he tmlnr bmnods fnrtm. Habl tml bmnod

jlts tml cjl he 3< ylcrs ml/sml wnoo cuth`ctnbcooy jlt YCA cad @RC. Tml thtco bcrl cad wloecrl

he tml hrpmcas smhuod fl tckla fy tml Rtctl jhvlra`lats tnoo tml bmnod rlcbmls tml cjl he 69ylcrs. Tml pctmltnb ponjmt he strllt bmnodrla cad hrpmcas wnoo bh`l th ca lad habl tml THY Tcx

systl` flbh`ls hplrctnhaco.

Tmns systl` thtcooy cad plr`calatoy bmlbks tml lvlr nabrlcsnaj prhfol` he nooljco `njrctnha

erh` Ycknstca cad Fcajocdlsm bmcajnaj tml dl`hjrcpmnb prhphrtnha he Nadnc th ca

uan`cjnacfol olvlo. Habl coo tml bntnzlas cfhvl tml cjl he 3< ylcrs crl jnvla tml `cadcthry

@cna Rcvnajs cbbhuat (@RC) cad tml THY Tcx systl` flbh`ls euooy hplrctnhaco, ah cduot wnoo

fl jnvla @cna Rcvnajs Cbbhuat (@RC) tmlrlcetlr. Erh` mlrlcetlr lvlry cddntnhaco @cna

Rcvnajs Cbbhuat @RC wnoo fl ca heesmhht he ca lxnstnaj @RC flohajnaj th pcrlats. Tmlrl wnoo fl

ah qulstnha he cddntnhaco erlsm @RC wntmhut pcrlats lxnstnaj @RC. Rn`nocroy lxnstnaj @RCs wnoo

bh`l th blcsl upha tml dlctm he nadnvnducos. Coo tml `haly, smcrls, `hvcfol cad n``hvcfolprhplrtnls rlbhrdld na tml envl ehodlrs he @RC he tml dlblcsld plrsha wnoo fl trcaselrrld th

mns/mlr oljco mlnrs. Tml thtco au`flr he @RCs wnoo nabrlcsl lvlry ylcr dlpladnaj upha tml

jrhwtm rctl he phpuoctnha he tmct bhuatry. THY Tcx systl` wnoo rlbhrd; `cnatcna lvlry

nadnvnducos ec`noy rlbhrd jlalrctnha cetlr jlalrctnha. Tmlrlehrl nooljco `njrcats erh` htmlr

bhuatrnls bcaaht latlr nooljcooy nath Nadnc, jlt @cna Rcvnajs Cbbhuat hr Ruf Rcvnajs Cbbhuats

cad cssn`noctl na Nadnca phpuoctnha. Nt wnoo fl c oht lcsnlr ehr tml jhvlra`lat th dltlbt

tlrrhrnsts cad `nontcats wmh brhss hvlr erh` cbrhss tml fhrdlr th naduojl na uaocweuo cbtnvntnls.

Yrlpcrctnha he vhtlr onsts- THY Tcx systl` `ckls tml prlpcrctnha he lolbthrco rhols th fl vlry

lcsy cad sn`pol cad nastcat. Erlsm vhtlr onsts wnoo fl prhvndld fy fcaks ct cay tn`l ne cskld fy

lolbtnha bh``nssnha. Cbbhrdnaj th tml cddrlssls rlbhrdld na tml @cna Rcvnajs Cbbhuat tmlcrlc wnsl vhtlr onsts bca fl supponld fy fcaks th bhadubt phoos th pcabmcycts, bntnls, dnstrnbts,

@OC, @Y cad coo htmlr phoos. Ne fy phoos crl th fl mlod, tml ocst vhtlr onsts smhuod fl usld na tmct


25/65


TC]LR



26/65


TC]LR


@haly wnoo eohw nath tml enrst ehodlr he Bhrphrctl Cbbhuat Au`flr (BCA) wmla prhdubts crl

shod cad `haly wnoo jh hut wmla pcy`lats crl `cdl thwcrds scocrnls, purbmcsl he rcw

`ctlrncos, slrvnbls, lqunp`lat ltb,. Tml slvlatm ehodlr, wmnbm rlbhrds tml `cauecbturld

prhdubts, jlts updctld haonal ct lvlry stcjl he prhdubtnha cad `crkltnaj gust onkl `haly

scvnajs cbbhuat. Tml dlpoltnha he sthbk na tml slvlatm ehodlr (prhdubts ehodlr) `lcas tml

nabrlcsl he `haly na tml `haly ehodlr (enrst ehodlr) ha tml sloonaj he prhdubts. Rn`nocroy tml

dlbrlcsl he rcw `ctlrncos na tml snxtm ehodlr `lcas ca nabrlcsl he enansmld prhdubts na tml

slvlatm ehodlr. Tml nabrlcsl he rcw `ctlrncos na tml snxtm ehodlr phnats th dlpoltnha he `haly

na tml `haly ehodlr (enrst ehodlr) ha purbmcsl he rcw `ctlrncos. Coo tmlsl slvla ehodlrs jlt

updctld haonal ct lvlry stcjl he bhastrubtnha, prhdubtnha cad `crkltnaj smhwnaj tml lxcbt

dltcnos he dlfnts cad brldnts rloctnaj th `haly, rcw `ctlrncos, enansmld prhdubts, fhrrhwnajs,

smcrls, ltb., ehr tml flalent he coo navlsthrs wmh put tmlnr mcrd lcrald `haly nath tmlsl

bh`pcanls. Tml thtco `haly, tml vcoul he rcw `ctlrncos, enansmld prhdubts, `cbmnalry,

`hvcfol cad n``hvcfol prhplrtnls rlbhrdld na tml slvla ehodlrs he cay Bhrphrctl CbbhuatAu`flr (BCA) `naus tml fhrrhwnajs ns lquco th tml thtco strlajtm he tmct bh`pcay.

Tml THY Tcx systl`s trcaspcrlat cbbhuatnaj systl` na Bhrphrctl Cbbhuat Au`flr (BCA) wntm

slvla slpcrctl ehodlrs ehr `haly, `hvcfol prhplrty, n``hvcfol prhplrty, `caphwlr, smcrls,

rcw `ctlrncos cad htmlr naputs, cad `cauecbturld prhdubts cad navlathry wnoo rl`hvl coo

ercuds na cbbhuatnaj, slburntnls, sthbks cad navlst`lat. Tmlsl BCAs wntm slvla ehodlrs lasurl

tmct tmlrl wnoo fl ah bmcabl he ercuduolat fusnalss prcbtnbls he hvlrstctnaj prhents, bhablconaj

dlfts, sprlcdnaj tml lxplasls hut hvlr slvlrco ylcrs, uadlr vhnbnaj hr hvlr vhnbnaj he rcw

`ctlrncos, naputs, cad `cauecbturld prhdubts, uadlr hr hvlr stctnaj he sthbks, pcddnaj up he

prhglbt bhst cad dnvlrtnaj he euads ct jrhuadnaj, bhastrubtnha, lrlbtnha cad coo stcjls he prhglbt

n`pol`latctnha cad pufonbctnha he ecosnenld enacabnco rlphrts. Tml BCAs he THY Tcx systl` bcacosh bmlbk tml dnvlrsnha he euads erh` hal bh`pcay th cahtmlr bh`pcay wntmna tml jrhup

bh`pcanls (sc`l prh`htlrs). Tml THY tcx systl` jnvls c fnj fhhst th sthbk `crklts cs

plhpol stcrt fuynaj mujl ohts he smcrls th `cnatcna `nan`u` fcocabl na tmlnr cbbhuats na hrdlr

th cvhnd Yrhent tcx. Tmlrl wnoo fl ah snjanenbcat leelbt he THY tcx systl` ha natrcdcy trcdnaj cad

Euturl hptnhas trcdnaj flbcusl tml ohhslr ohhsls lxtrc 4% he tml ohss c`huat haoy na tml

natrcdcy trcdnaj. Ylhpol wnoo prlelr th fuy smcrls ha tml ohaj tlr` cad caauco ynlod fcsns. Tmly

navlst na tml bh`pcanls wmnbm jnvl mcadsh`l dnvndlads ylcr cetlr ylcr.

Tmus c bhuatrys lxcbt whrtm he coo nts `haly, `hvcfol cad n``hvcfol prhplrtnls, smcrls,

jhod, hrls cad `nalrcos wnoo fl kahwa lxcbtoy ct cay jnvla phnat he tn`l.

THY Tcx systl` nasnsts tmct tml latnrl acturco rlshurbls he cay bhuatry smhuod flohaj th plhpolhe tmct bhuatry. Tml thtco kahwa rlslrvls he coo acturco rlshurbls smhuod fl rlbhrdld

dl`ctlrnconsl ehr` na Jhvlra`lat cbbhuats. Tml Jhvlra`lat smhuod sloo hrls hr `nalrcos th

`nanaj bh`pcanls ct rlcshacfol prnbl na tlr`s he qucatnty hr thaals nastlcd he olcsnaj hut

`nals na tlr`s he lxtlat hr cbrls. Lvlry thaal he hrl hr `nalrco `nald smhuod fl pcnd fy

`nanaj bh`pcanls. Tml `nanaj bh`pcay wmnbm heelrs tml mnjmlst prnbl plr thaal smhuod fl

jnvla tml onblabl th `nal cetlr pcynaj cdvcabl pcy`lat ehr tml qucatnty nt wcats th `nal. Coo

tml `nanaj bh`pcanls smhuod fuy hrl hr `nalrcos erh` Jhvlra`lats flehrl stcrt he `nanaj.

Tml fhujmt hrl hr `nalrco wnoo fl na dl`ctlrnconsld ehr` cad trcaselrrld erh` Jhvlra`lat

cbbhuat th `nanaj bh`pcanls BCA. Lvlry thaal he `nald hrl hr `nalrco wnoo fl cbbhuatld cad

trcaselrrld erh` hal cbbhuat th cahtmlr cbbhuat n.l., erh` `nalrs cbbhuat th uslrs hrlxphrtlrs cbbhuat. Tml qucatnty he hrls hr `nalrco rlbhrdld na tml Bhrphrctl Cbbhuat

Au`flrs (BCA) jlts dlpoltld wmla usld na tml prhdubtnha prhblss hr wmla lxphrtld. Tml


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TC]LR


sthbks jlt nabrlcsld wmla fhujmt erh` `nanaj bh`pcanls hr Jhvlra`lats. Zmla c `nanaj

bh`pcay sloos hr lxphrts tml `nald hrl hr `nalrco th cay htmlr bh`pcay tml trcaselr he rnjmts

he fhujmt hrl hr `nalrco wnoo fl `cdl haonal erh` tml `nanaj bh`pcays BCA (snxtm ehodlr) th

tml fuylrs BCA. Ct tml sc`l tn`l `haly wnoo fl trcaselrrld erh` fuynaj bh`pcays BCA th

`nanaj bh`pcays BCA. Cetlr tml dlpoltnha he tml rlbhrdld fhujmt sthbks na tml BCA, tml

`nanaj bh`pcay wnoo mcvl th fuy erlsm sthbks erh` tml Jhvlra`lats cad rlpolansm nts snxtm

ehodlr. Tmct `lcas tml fuynaj cad sloonaj he acturco rlshurbls wnoo fl `cdl fhtm na pmysnbco

ehr` cad dl`ctlrnconsld ehr`. THY Tcx systl` `ckls nt n`phssnfol ehr cay `nanaj bh`pcay th

nooljcooy `nal mujl c`huats he hrl hr `nalrcos wntmhut pcynaj bhrrlbt prnbl. THY Tcx systl`

`ckls nt phssnfol th kahw tml lxcbt qucatnty he hrls hr `nalrcos `nald, lxphrtld hr usld fy

dh`lstnb bh`pcanls.

THY Tcx systl`s envl `cna hfglbtnvls crl 3)Tml tcx bhoolbtnhas erh`

plhpol, 6) tml dnstrnfutnha he rlvlauls erh` jhvlra`lats th plhpol na tml ehr` he sufsndnls,

rlonle euads na tml lvlat he acturco bcoc`ntnls onkl lcrtm quckls, eohhds, ec`nals, plasnhas,bcsm trcaselrs thwcrds `hatmoy rctnhas, mhspntco fnoos, ldubctnha fnoos, lt., 2) prhvndnaj coo

fcsnb slrvnbls naboudnaj rljnstrctnhas he `hvcfol cad n``hvcfol prhplrtnls, drnvnaj onblabls,

cnr, fus, trcna tnbklts, plr nts, onblabls, pcy`lat he lolbtrnbnty, tlolpmhal fnoos, wctlr blss,

mhusl tcxls, nssul he vhtlr onsts cad vhtlr sonps, fnrtm cad dlctm rljnstrctnhas, blasus enjurls

ct lvlry dcy, lvlry mhur, lvlry `nautl (uaonkl ct lvlry dlbcdl na tml prlslat systl`),

4) oladnaj `haly th fhrrhwlrs ct tml ohwlst YOV (cvlrcjl 2%plr caau`). Coo tmlsl

hfglbtnvls bca fl `lt cad bcrrnld tmrhujm fcaks/slrvnbl blatrls th coo plhpol ct snajol

wnadhw, sntuctld alcrlst th tmlnr mh`ls (:2brhrls) jht fy coo tml fcaks/ slrvnbl blatrls wnoo fl `hrl tmca lahujm th hplrctl tml`

cad tmly bca `llt coo tml hfglbtnvls he THY Tcx systl` n.l. prhvndnaj coo fcsnb slrvnbls th plhpol

ct cfshoutloy erll he bhst ct snajol wnadhw.

2. @haly suppoy (rlco `haly cad ohca `haly).THY Tcx systl` sujjlsts tmct thtco `haly suppoy (rlco `haly cad dlft `haly/ohca `haly)th fl alblsscry ehr bnrbuoctnha na fcaks smhuod fl ct tml `nan`u` olvlo he 399% cad ct

`cxn`u` olvlo 339% he tml vcoul he JDY he tml bhuatry. Hut he tmns thtco `haly suppoy na

tml lbhah`nb systl`, >>.:% he tml `haly wnoo fl na dl`ctlrnconsld (aha pmysnbco) ehr` na

tml cbbhuats he bntnzlas, Jhvlra`lats cad bh`pcanls. Haoy s`coo phrtnha he `haly,

lqucoonaj gust 9.2% he tml thtco `haly na tml lbhah`nb systl`, wnoo fl na pmysnbco ehr` n.l.

burrlaby ahtls hr bhnas. Coo mnjm vcould pcplr burrlaby ahtls wnoo fl dl`haltnsld.

C frnle dlsbrnptnha he @haly Ruppoy na prlslat lbhah`nb systl` cad tml THY

Tcx systl`@haly Ruppoy na prlslat lbhah`nb systl 7 - @haly ns bocssnenld cs dneelrlatbctljhrnls onkl @, @3, cad @6 cad sh ha. Tml `haly na tml fcaknaj systl` bca fl lxpcadld


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TC]LR

Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl 6=

hvlr tml nantnco rlslrvl dul th `haly `uotnponlr ecbthr. Tml vlohbnty he bybonb rhtctnha he

`haly na tml lbhah`nb systl` ns lrrctnb cad aht stcfol flbcusl he tml lxtrc cddld wlnjmt

tml ohcald `haly bcrrnls na tml ehr` he natlrlst furdla. Mlrl `haly ns mcvnaj fhtm

lxbmcajl vcoul cad sthrcjl vcoul. Tml `halys vhou`l ns nabrlcsnaj fy vnrtul he nts

stctnhacry phsntnha na tml ehr` he dl`cad dlphsnts, scvnajs dlphsnts, fhads ltb. Tml

bcrbnahjlanb jrhwtm he ohcald `haly bcusls naeoctnha. Mlrl tml mnjm jrhwtm rctl cad

naeoctnha crl naslpcrcfol Rnc`lsl twnas. Tmlrl ns snzcfol pmysnbco `haly wmnbm mlops tcx

lvcsnha na jlalrctnaj focbk `haly. Ehr lxc`pol na Nadnc, tmlrl ns ca lstn`ctld pmysnbco

burrlaby he 39,:6,969 brhrls wntm tml pufonb hut he thtco `haly suppoy he ::,69 % he tml thtco `halysuppoy na tml lbhah`nb systl`. Tml aha pmysnbco `haly, wmnbm mcs th mhahur tml tcxls, tcx

ocws, cbbhuatnaj, cudntnaj cad tcx rlturas, ns mcvnaj olss vlohbnty. Tml pmysnbco `haly, wntm

nts acturco erll eohwnaj tladlaby, ns bmhhsnaj tml s`hhtm dh`cna wmlrl nt bca lsbcpl erh`

tcxls, tcx ocws, cbbhuatnaj, cudntnaj cad tcx rlturas th jlt jrlctlr vlohbnty na nts bybols. Tmct

`lcas tml thtco `haly na tml lbhah`nb systl` mcs twh lxtrl`loy dneelrlat vlohbntnls - hal

ehr tml pmysnbco `haly cad tml htmlr ehr tml aha pmysnbco `haly. Tml lxcbt vhou`l he rlco

`haly cad ohcald `haly bcaaht fl kahwa ct cay splbnenb tn`l nastcatoy. Tml rlco `haly

cad ohcald `haly crl `najold thjltmlr flyhad rlbhjantnha. Rh tml lxcbt vcouls he tml thtco

`haly suppoy, tml vlohbnty cad bybols he tml `haly cad JDY `cy aht fl cvcnocfol. Tml

`haly suppoy cad JDY vcouls, tmct crl flnaj euransmld, crl flonlvld th fl hee tml `crk. Tmllxcbt rlsuots he `lcsurls, tckla fy tml Jhvlra`lats cad Blatrco fcaks erh` tn`l th tn`l th

bmlbk naeoctnha hr th naeusl ensbco stn`uous pcbkcjls th bhatrho rlblssnha, bca fl hfslrvld

haoy cetlr ohaj tn`l. Tml `ldnbnals cad tmlrcpy, tmct crl usld th aursl tml mlcotm he ca

lbhah`y, crl fcsnbcooy trnco cad lrrhr `ltmhds. Tmlrl crl sh `cay rljuocthrs onkl, BVV, YOV,

ROV, rlph, rlvlrsl rlph tmct whrk ha `haly suppoy na tml lbhah`nb systl` th bmlbk

naeoctnha, lbhah`nb rlblssnha cad dleoctnha. Tml cbtnhas he tmlsl rljuocthrs ha `haly suppoy

usucooy jnvl rlsuots tmct crl quntl hpphsntl th lcbm htmlr. Tmly cowcys ladhrsl hal prhvlrf

Thh `cay bhhks sphno tml frhtm.

@haly Ruppoy na THY Tcx systl`Tml euabtnhanaj he fcaknaj systl` na THY Tcx systl` ns thtcooy dneelrlat erh` prlslat fcak

systl`. Tmlrl wnoo fl haoy twh typls he `haly, ac`loy rlco `haly cad ohcald `haly, na tml

THY Tcx systl`. Tml rlco `haly cad ohca `haly wnoo fl thtco `haly suppoy na tml fcaknaj

systl`. Tml vcoul he tml rlco `haly wnoo fl lquco th .: % he thtco `haly suppoy wnoo fl na aha-pmysnbco

ehr` na tml fcaknaj systl`. Tmlrl wnoo fl ah natlrlst rctls ha dl`cad dlphsnts, tn`l


29/65


TC]LR

Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl 6>

dlphsnts, fhads ltb. Tml prn`l oladnaj rctls ha ohcas jnvla fy fcaks wnoo fl gust 6 th 4 %

haoy. Tml ohcas wnoo fl jnvla upha `hrtjcjl he `hvcfol cad n``hvcfol prhplrtnls cad

smcrls hr ha plrshaco nabh`ls. Tmlrl wnoo fl ah ohcas ha dlphsntld bmlbks cad dl`cad

drcets hr htmlr nastru`lats he `haly. Mlrl tml `haly wnoo mcvl haoy lxbmcajl vcoul cad nt

wnoo aht mcvl sthrcjl vcoul. @haly wnoo fl purloy utnonsld cs `ldnu` na lxbmcajl he jhhds,

bh``hdntnls, smcrls, pmysnbco cad natloolbtuco whrks. Tmlrl wnoo fl cfshoutloy ah nabh`ls ha

sthbks he `haly. Ca nadnvnduco wnoo mcvl th splad lxcbtoy wmct ml lcrald, scvld, namlrntld,

dhactld hr jnetld. Tml bybols cad vlohbnty he tml thtco `haly na tml systl` wnoo fl lvla cad

bhastcat.

THY Tcx systl`s @cna Rcvnajs Cbbhuat @RCwnoo mcvl envl ehodlrs ehr `haly, smcrls/sthbks,

fhads, dlrnvctnvls, `hvcfol prhplrty, n``hvcfol prhplrty cad ec`noy. Tml Ruf Rcvnajs

Cbbhuat wnoo mcvl haoy hal ehodlr ehr `haly. Tml Bhrphrctl Cbbhuat Au`flrwnoo mcvl slvla

ehodlrs ehr `haly, `hvcfol prhplrty, n``hvcfol prhplrty, slburntnls, rcw `ctlrncos cad htmlr

naputs, `ca phwlr, `cauecbturld prhdubts. Tml enrst ehodlr he coo tmlsl tmrll cbbhuats wnoo flusld ehr sthrcjl cad uscjl he `haly ehr plrshaco hr fusnalss hr nadustrnco purphsl. Ehr

dltcnold uscjl he tmlslcbbhuats polcsl sll pcjl au`flr3< th 66.

Na THY Tcx systl` tmlrl wnoo fl zlrh natlrlst rctls ha tn`l dlphsnts, dl`cad dlphsnts,

Jhvlra`lat fhads ltb. Tml prn`l oladnaj rctls wnoo fl gust 6% plr caau` ha ohcas up th 39

ockms cad 4% plr caau` ha ohcas cfhvl 39 ockms.

Thp Tcx systl` sujjlsts tml Bcsm rlslrvl Vctnh BVV plr`calatoy ct 39%.

Ca nadnvnducos enrst ehodlr he @cna Rcvnajs cbbhuat bhatcnas mns/mlr latnrl `haly jht erh`

lcranajs, scvnajs, dhactnhas, namlrntcabl cad ohcas tckla ne cay. Tmns `haly ns bcoold onqund

`haly. Tmct `lcas onqund `haly ns fhtm rlco `haly cad ohca `haly. Tml enrst ehodlr cosh

bhatcnas c sufehodlr bcoold dlft ehodlr. Tmns dlft ehodlr bhatcnas coo cjjrljctl ohcas tckla fyca nadnvnduco erh` fcaks upha `hrtjcjl he mns/mlr `hvcfol cad n``hvcfol csslts cs rlbhrdld

na tml slbhad, tml tmnrd cad tml ehurtm ehodlrs he mns/mlr @cna Rcvnajs Cbbhuat. Tml ohca

`haly ns bcoold Dlft `haly. Rn`nocroy tml fhrrhwnajs he `haly (ohcas) ehr nadustrnls rua fy

bhrphrctl bh`pcanls hr pufonb bh`pcanls wnoo fl rlbhrdld cad `cnatcnald na tml suf ehodlr

bcoold Dlft haly ehodlrhe Bhrphrctl Cbbhuat Au`flrs (BCAs)he tmhsl bh`pcanls. Tml thtco

ohcas/cdvcabls jnvla fy coo Fcaks (rlbhrdld cs Dlft `haly na Dlpt `haly ehodlrs he @RCs

cad BCAs)smhuod aht fl `hrl tmca 4:.2:% (ne BVV 0 39%) he tml thtco `haly suppoy/onqund

`haly(`haly wmnbm naboudls fhtm rlco `halycad ohca `haly) na coo @RCs, RRCs, BCAscad

Fcaks hwa bcpntco `haly. Tml thtco `haly (onqund `haly) rlbhrdld na @RCs, RRCscad BCAs

flohajnaj th plhpol, fcaks, bh`pcanls, nastntutnhas, hrjcansctnhas cad Jhvlra`lat ns tml thtco`haly suppoy na tml lbhah`nb Rystl`. Tml dlft `haly/ohca `haly rlbhrdld na tml dlft

ehodlrs he @RCs, RRCscad BCAsns ohca `haly na tml fcaknaj systl`. Tml thtco onqund `haly

`naus tml dlft `haly ns lquco th thtco rlco `haly. Tml lxcbt enjurls he thtco `haly suppoy,

rlco `haly, ohca `halycad vcrnctnhas na dl`cad ehr ohca `haly na tml lbhah`nb systl` bca

fl hftcnald ct cay splbnenb tn`l.

Tml `haly ehodlrhe Fcaks Cbbhuat wnoo mcvl nts bcpntco `haly cad prhents. Nt ns bcoold

bcpntco `haly/enxld `haly. Nt ns bcoold cs enxld `halyflbcusl nt bcaaht fl jnvla cs ohca cs

rlco `haly. Tml fcaks bcpntco `halywnoo fl usld th pcy scocrnls cad thwcrds htmlr hplrctnaj

bhsts he tmct fcak. Coo tml ohcas jnvla fy nt wnoo fl rlbhrdld na cahtmlr suf ehodlr bcoold ohca

`haly ehodlr. Nts au`lrnbco enjurls smhuod fl na rld bhohur. Lvlry tn`l tml fcak jnvls ohcas,tml Fcaks bcpntco `haly/enxld `halysmhuod aht fl bmcajld. Fut tml jnvla ohca `haly wnoo

fl cddld th tml Fcaks ohca `halycbbhuat na ohca `haly ehodlr. Bhrrlsphadnajoy tml ohca


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TC]LR


c`huat wnoo fl cddld th tml onqund `halycbbhuat he @RChr RRChr BCA, wmh mcs tckla tmct

ohca, cad ct tml sc`l tn`l tml ohca c`huat wnoo fl rlbhrdld na tml Dlft `haly ehodlrhe tml

sc`l @RChr RRChr BCA. Zmla c ohca ns rlpcnd, tml prnabnpol c`huat he tmct ohca wnoo jh na th

tml ohca `halycbbhuat he tmct Fcak cbbhuat cad ohca c`huat na rld bhohurdlbrlcsls fy tml

rlpcnd ohca c`huat. Fut tml natlrlst c`huat he tmct ohca smhuod fl brldntld th tml Fcaks

bcpntco `haly/enxld `haly. Rn`nocroy wmlalvlr c ohca ns rlpcnd tmrhujm cay @RChr BCAtml

pcnd c`huat wnoo fl dlbrlcsld erh` fhtm tml onqund `halycbbhuat cad dlft `halycbbhuat

he tml sc`l @RC hr BCA. Yolcsl ahtl tmct wmla Fcak(]) jnvls ohcas, nts bcpntco `haly/enxld

`halywhuod aht bmcajl fut nabrlcsls wmla natlrlst ha ohcas pcnd th nt, cad dlbrlcsls wmla

Fcak(])s scocrnls cad htmlr hplrctnaj bhsts crl pcnd. Fcaks scocrnls cad htmlr

ruaanaj/hplrctnaj bhsts smhuod fl pcnd erh` tml bcpntco `haly/enxld `haly he tml Fcaks

Cbbhuat. Rh tml bcpntco `haly/enxld `haly`naus tml nantnco bcpntco crl Fcaks prhents. Ne tml

bcpntco`haly/enxld `haly na tml fcaks `haly ehodlr crl olss tmca tml Fcaks nantnco bcpntco

navlst`lat tmct `lcas tml fcak naburrld ohssls.Tml THY Tcx systl` sujjlsts BVV(Bcsm Vlslrvl Vctnh) th fl crhuad 39%. Tml thtco

ohcas/cdvcabls jnvla fy c Fcak(]), rlbhrdld na tml ohca `haly ehodlr he Fcaks Cbbhuat ,

smhuod aht fl `hrl tmca 4:.2:%(ne BVV 0 39%) he tml thtco `haly sthrld na coo @RCs, RRCs,

BCAs hplrctld fy coo nts frcabmls, cad Fcak(])s hwa bcpntco navlst`lat/onqund `haly cad

prhents (ne cay). Tml thtco `haly/onqund `halyna coo @RCs, RRCs cad BCAsnavcrncfoy naboudls

tml rlco `haly cad ohcald `haly jlalrctld fy tml Fcaks. Fut tml Fcaks bcpntco

`haly/enxld `haly ns purloy rlco `haly. Tmns thtco `haly wnoo kllp bmcajnaj bhatnauhusoy.

Rh tml cvlrcjl thtco `haly he coo cbbhuats ehr hal ylcr he coo frcabmls he tmct pcrtnbuocr

Fcak(])smhuod fl tckla na th cbbhuat wmnol jnvnaj ohcas. Tmns lvlr bmcajnaj cvlrcjl thtco wnoo

fl cuth`ctnbcooy cvcnocfol lvlry dcy fy bh`putlr shetwcrl systl` ntsloe. Ct tml sc`l tn`l tmlthtco ohcald `haly/cdvcabls he coo tml frcabmls he Fcak(]) smhuod aht lxblld anal tn`lstml

vcoul he tmct pcrtnbuocr Fcak(])s Bcpntco `haly/enxld `haly. Ct ah tn`l tml Fcak(])s ohca

`haly/cdvcabls na tml ohca `haly ehodlr smhuod lxblld anal tn`ls tml fcak(])s bcpntco

`haly/enxld `haly, cad `hrl tmca 4:.2:% he tml thtco `haly (9r >9% he rlco `haly) na coo

@RCs, RRCs cad BCAs (hplrctld fy nt) cad nts hwa bcpntco `haly/enxld `haly. Tml thtco

ohcas/cdvcabls (rlbhrdld na rld bhohur na ohca `haly ehodlrs) jnvla fy coo fcaks tmrhujmhut

tml bhuatry smhuod fl lquco th coo Dlft `haly/ohca `haly tckla fy nadnvnducos cad

bh`pcanls rlbhrdld na Dlft `haly ehodlrs he @RCs cad BCAs. Tml phssnfol bcsm rlslrvl

rctnhs cad bhrrlsphadnaj ohca rctnhs th thtco `haly crl cs ehoohws. Ne BVV 0 6%. Ne BVV 0 >%, tmla ohca rctnh 0 4:.54%. Tml `cxn`u`

ohca/brldnt tmct bca fl olat cs ohca fy fcaks ha tml rlco `haly399 wnoo fl >9 cad tml thtco

`haly na bnrbuoctnha wnoo fl 3>9. Nt wnoo fl bcoold cs onqund `haly. Na htmlr whrds wmla BVV 0

39%, tmla tml thtco brldnt tmct bca fl jlalrctld, olat cad cddld th tml rlco `haly wnoo fl up

th >9% he rlco `haly. Nt ns tml sloe `halysuppoyhe fcaknaj systl` sujjlstld fy tml THY Tcx

systl`.

Tml thtco bcpntco `haly/enxld `halyhe coo fcaks na tml bhuatry smhuod fl ct olcst hal

anatm he tml thtco ohca `haly rlbhrdld na tml dlft `haly ehodlrshe coo @RCs, RRCs, BCAs, cad

hal anatm he tml thtco ohca `haly rlbhrdld na rldbhohurna ohca `haly ehodlrshe coo Fcaks. Cs

tml fcaks prhents nabrlcsls, tml bcpntco nabrlcsls. Tml fcaks prhents wnoo fl kahwa lvlry dcy,lvlry mhur cad lvlry `nautl lvla th c ocy`ca. Tml `cxn`u` prhent c Fcak(]) wntm coo nts

frcabmls bca cbmnlvl na c enacabnco ylcr 0 (tml cvlrcjl caauco sn`pol natlrlst 2 % x > tn`ls he


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Lvlry ylcr, cddntnhaco rlco `haly lqucoonaj


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prnbls. Tml mcvl-ahts crl pcynaj tml latnrl natlrlst c`huats ha dlphsnts cad scvnajs he tml

rnbm lntmlr dnrlbtoy hr nadnrlbtoy fy dlecuot. Nastlcd he usnaj `haly cs `ldnu` ehr trcaselr he

bh``hdntnls hr slrvnbls fltwlla plhpol, tml `haly ntsloe ns flnaj usld cs ca csslt th

jlalrctl nabh`ls tmrhujm natlrlsts. Tml cbbuùoctnha cad stcbknaj he `haly fy ca

nadnvnduco ns jlalrctnaj `haly ehr prhjlay jlalrctnha cetlr jlalrctnha. Tml jlalrctnha he

nabh`ls ha sthrld `haly ns ahtmnaj fut c dldubtnha he `haly erh` mcrd lcranaj whrknaj

bocss. Tmns pcrcsntnb phonby he tml rnbm, elldnaj ha tml phhr fy scppnaj coo tmlnr lalrjy th tml

suplracbuou`, wnoo fl ladld wntm tml cdhptnha cad n`pol`latctnha he THY Tcx systl`. THY

Tcx systl` wnoo lasurl tmct `haly wnoo fl purloy usld cs `ldnu` ehr trcaselr he

bh``hdntnls hr slrvnbls c`haj plhpol.

Mlabl tml THY Tcx systl` sujjlsts thtco rl`hvco he natlrlsts ha enxld

dlphsnts cad dl`cad dlphsnts. Tml rnbm wnoo mcvl th splad lxcbtoy tml c`huat tmly lcra hr

scvl cad aht c plaay `hrl jht fy vnrtul he natlrlst ha tmlnr surpous `haly. Fut ct tml sc`l

tn`l tml rnbm wnoo mcvl jrlctlr flalents na tml THY Tcx systl`. Tmly alld aht pcy Nabh`l tcxct coo. Tmly bca splad wmctlvlr `haly tmly lcra wntmhut fhtmlrnaj cfhut cbbhuatnaj,

cudntnaj cad nabh`l tcx rlturas. Tml thtco `haly, scvld erh` nabh`l tcx ha latnrl

lcranajs/scvnajs durnaj tmlnr onel tn`l, wnoo fl `hrl tmca tml natlrlst ohst ha tmlnr dlphsnts.

@hrl n`phrtcatoy tml phhr wnoo jlt `haly ct ohw natlrlst rctls (6% plr caau`). Tmly wnoo

mcvl tmlnr hwa mh`ls cad tmly wnoo jlt lsslatnco bh``hdntnls ct ùbm bmlcplr prnbls tmca

thdcy.

Yrlslatoy, `cghr smcrl he rlvlauls he fhtm Blatrl cad Rtctls ns flnaj jhffold up

fy tml mujl furdla bhst he natlrlst pcy`lats ha natlraco fhrrhwnajs. Tml mujl c`huats

scvld ha natlrlst pcy`lats fy tml Blatrco cad Rtctl jhvlra`lats ha natlraco fhrrhwnajs

bca fl utnonsld th prhvndl erll mlcotm bcrl slrvnbls cad quconty ldubctnha th coo plhpol he tmlbhuatry. Nt ns trul tmct sh`l he tml slanhr bntnzlas rloy sholoy ha `hatmoy natlrlst pcy`lats

ha tmlnr onel tn`l scvnajs. Mlabl nt ns cfshoutloy n`plrctnvl tmct tml `cghr phrtnha he tml

scvld natlrlst ha natlraco fhrrhwnajs fy tml Blatrl cad Rtctls cad tml scvld tcx bhoolbtnha

lxpladnturl bhst smhuod fl jnvla th coo slanhr bntnzlas (wntm ah hr pcotry nabh`ls) cfhvl tml

cjl he 5< ylcrs cs plasnha lvlry `hatm.

Tml THY Tcx systl` sujjlsts tml ehoohwnaj Yrn`l Oladnaj Vctls

CR tmlrl wnoo fl ah natlrlst rctls ha tn`l dlphsnts cad enxld dlphsnts, tml prn`l oladnajrctls ha ohcas jnvla fy fcaks wnoo fl vlry ohw wmla bh`pcrld th prlslat systl`.

\adlr THY Tcx systl` `cxnù` he 6% sn`pol natlrlst plr caau` wnoo fl olvnld ha coo ohcasup th Vs. 39 ockms (tckla ehr cjrnbuoturl, ldubctnha, s`coo sbcol nadustrnls, vlmnbols, mhusl,

eocts, pohts, hr cay htmlr purphsl.

@cxnù` he 4% sn`pol natlrlst plr caau` wnoo fl olvnld ha coo ohcas `hrl tmca Vs. 39 ockms

(tckla ehr cjrnbuoturl, nadustry, fusnalss, ldubctnha, vlmnbols, eoct, pohts hr cay htmlr purphsl)

Tml prnvctl oladlrs, wmh mcvl flla lxcbtnaj mlcvy natlrlst rctls mntmlrth, crl ehrbld th

rldubl tmlnr natlrlst rctl uadlr tml THY tcx systl` ehr tml ehoohwnaj rlcsha.

Tml fcak YOV rctls wnoo fl gust 6% plr caau` up th Vs. 39 ockms cad 4% plr caau` hvlr Vs. 39

ockms cad scabtnhanaj he ohcas fy fcaks wnoo fl ecstlr cad s`hhtmlr.

Ecr`lrs wmh tckl brhp ohcas ehr kmcrnee hr Vcfn up th Vs. 39 ockms wnoo fl coohwld th pcy

natlrlst haoy ct tml lad he tml ylcr th rlalw tmlnr ohcas na hrdlr th cvhnd THY tcx.


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4.Tmlrl wnoo fl ah sbhpl ehr lxbmcajl he mujl vhou`ls he `haly na pmysnbco ehr`. Coo `haly

trcaselrs wnoo fl cbbhuatld cad tmns lon`nactls tcx lvcsnha. Lvlry cbbhuat wnoo fl ca navhouatcry

tcxpcynaj cbbhuat. Tmus tcx bhoolbtnha cad tcx bh`poncabl wnoo navcrncfoy flbh`l hal cad

sc`l. Tmlrl wnoo fl ah tcx bhoolbtnha bhst ehr Jhvlra`lat cad tcx bh`poncabl bhst ehr bntnzlas.


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Hut he thtco JDY vcoul he Vs.3594 3>9: 6634 62


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Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl 2=

Rn`nocroy tml elrtnonzlr sufsndy c`huat bca fl trcaselrrld dnrlbtoy th tml ecr`lrs @cna

Rcvnajs Cbbhuats cs nooustrctld na tml pcjl au`flr 33 ecbnontctnaj tml thtco rl`hvco he sufsndy

ha elrtnonzlrs cad nts `nsusl fy elrtnonzlr bh`pcanls.

Tml enetm cad `hst n`phrtcat hfglbtnvls he fcaks/fcaknaj slrvnbl blatrls wnoo fl tml

`cacjl`lat he lvlry nadnvnducos coo `hvcfol cad n``hvcfol prhplrtnls na lolbtrhanb/dnjntco

ehr`cts na tml envl slpcrctl ehodlrs na @cna Rcvnajs Cbbhuat (@RC).

Na tml sujjlstld THY Tcx systl` tml @cna Rcvnajs Cbbhuat (@RC) wntm envl ehodlrs he

lcbm plrsha smcoo fl utnonsld cs tml dl-`ct cbbhuat he tmct plrsha ehr mhodnaj `haly, dlft

`haly, `hvcfol cad n``hvcfol prhplrtnls onkl smcrls, ocads, pohts, eocts, jhod, snovlr, glwloolry,

hrac`lats, vlry mnjm vcould crtnbols, `hthr bybols, bcrs, htmlr vlmnbols cad coo htmlr

prhplrtnls/csslts. Zmnol purbmcsnaj hr sloonaj, tml trcaselr he tmlsl csslts/prhplrtnls erh` hal

plrsha th cahtmlr plrsha smcoo fl `cdl erh` hal plrshas @RC th cahtmlr plrshas @RC

tmrhujm fcaks/slrvnbl blatrls na ca lolbtrhanb ehr`.

\adlr tml THY tcx systl`, ocads, pohts, eocts hr htmlr prhplrtnls purbmcsld smhuod fl`cdl tmrhujm `cna scvnajs cbbhuat haoy. Ne cay plrsha fuys ocad, poht, eoct hr cay htmlr

prhplrty caywmlrl na Nadnc tml lxtlat cad acturl he tml prhplrty wnoo fl brldntld na mns @cna

Rcvnajs Cbbhuat cad tml sc`l prhplrty wnoo fl dlfntld erh` tml sloolrs @cna Rcvnajs Cbbhuat

(@RC). Zmlalvlr ml/sml sloos cay prhplrty tmct ns brldntld na mns @RC, tml sc`l wnoo fl

dlfntld erh` mns/mlr @cna Rcvnajs Cbbhuat cad tml sc`l prhplrty wnoo fl brldntld na tml

fuylrs @cna Rcvnajs Cbbhuat (@RC). Gust onkl smcrls tmlrl wnoo fl ah pcplr dhbu`lats ehr

`hvcfol/n``hvcfol prhplrtnls. \aonkl bcsm trcaselrs tml fuylrs prlslabl cad

snjacturl/cutmlatnbctnha smcoo cosh fl alldld ehr cay `hvcfol hr n``hvcfol prhplrty

trcascbtnha.

Tml hvlrcoo phssnfol bh`phalat he THY Tcx ha jhhds/slrvnbls ns smhwa na tmlehoohwnaj tcfols. Tml phssnfol THY Tcx ha `haly eohws na bhasu`lr, rltcnolr,

dlcolr, cauecbturlr bmcna.Tcfol Ah.37 THY Tcx ha Mnjm vcould Jhhds/Rlrvnbls (@ldnu` cad Mlcvy) nadustrnls

Rtcjl he

suppoy bmcna

(`haly eohw)

Erh` Bhasu`lr th

Dlcolr(prnbl)

(bmlqul/dlfnt

bcrd/alt trcaselr

Bhasu`lr

Vltcnolr(bh``nssnha)

Erh` Dlcolr th

@cauecbturlr(bmlqul/dlfnt

bcrd/alt trcaselr)

Erh` @cauecbturlr

th Vcw `ctlrncos,

@ca phwlr

ltb,(bmlqul/dlfnt

bcrd/alt trcaselr)

THY Tcx036% 4% 4% 4%

Tcfol Ah. 67 THY Tcx ha Ohw prnbld jhhds/prhdubts (R`coo sbcol cad bhttcjl

nadustrnls)

Rtcjl he

suppoy bmcna

(`haly eohw)

Erh` Bhasu`lr th

Vltcnolr(bmlqul/dlfnt

bcrd/alt trcaselr)

(bcsm)

Erh` Vltcnolr th

@cauecbturlr(bmlqul/dlfnt

bcrd/alt trcaselr)

Erh` @cauecbturlr

th Vcw `ctlrncos,

@ca phwlr

ltb,(bmlqul/dlfnt

bcrd/alt trcaselr)

Tht THYTcx0=% ano 4% 4%


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Yolcsl vnsnt mttp7//www.hptn`cotcxctnha.alt Ycjl 2>

Tcfol Ah.2 THY Tcx ha ohw prnbld jhhds/prhdubts/crtnbols (s`coo sbcol nadustrnls)

wmla `crkltld ct Rtctl cad Actnhaco olvlo.

Rtcjl hesuppoy

bmcna

(@haly

eohws)

Bhasu`lrVltcnolr

(Bcsm)

VltcnolrDlcolr(bmlqul/dlfnt

bcrd/alt trcaselr)

Dlcolr@cauecbturlr(bmlqul/dlfnt

bcrd/alt trcaselr)

@cauecbturlrVcw `ctlrncos,

@ca phwlr

ltb.(bmlqul/dlfnt

bcrd/alt trcaselr)

Thtco036%

thp tcx

ano 4% 4% 4%

Tcfol Ah. 4 THY Tcx ha Cjrnbuoturl Yrhdubl erh` s`coo cad `crjnaco ecr`lrs

Rtcjl he suppoy bmcna

(`haly eohws)

erh` Bhasu`lr th

Ecr`lrs(bcsm)

Erh` Ecr`lr th Ecr`

naputs(bcsm)

Thtco THY Tcx09 ano ano

Tcfol AH.


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Tcfol ah7 = THY Tcx ha stcr mhtlos

erh` Busth`lrs th

hwalrs(dlfnt bcrd/alt trcaselr)

Erh` hwalrs th jrhblrnls,

scocrnls cad htmlr naputbhsts(bmlqul/dlfnt

bcrd/alt trcaselr)

Thtco THY Tcx ha `haly

eohws

THY Tcx04% THY Tcx04% =%

Tcfol ah7 > THY Tcx ha ruaanaj he sbmhhos cad bhooljls ct ohwlr ells

Erh` Ycrlats th

`cacjl`lat

(bcsm)

@cacjl`lat th thwcrds

scocrnls, `ctlrncos cad htmlr

naput bhsts(bmlqul/dlfnt

bcrd/alt trcaselr/)


eohws

Ano THY Tcx04% 4%

Tcfol ah7 39 THY Tcx ha ruaanaj he sbmhhos, bhooljls, uanvlrsntnls cad htmlr

nastntutnhas ct mnjmlr ells cad dhactnhas.

pcrlats `cacjl`lat

(bmlqul/dlfnt bcrd/alt

trcaselr)

`cacjl`lat scocrnls, `ctlrncos cad

htmlr naput bhsts(bmlqul/dlfnt bcrd/alt

trcaselr)

Thtco THY

Tcx ha

`haly eohw


Tml leelbt he THY Tcx ha eno` nadustry

Tcfol ah7 33

vnlwlr th

tmlctrl/lxmnfntlr

lxmnfntlr/tmlctrl

th dnstrnfuthr

dnstrnfuthr th

prhdublr

Erh` prhdublr th

prhdubtnha/lxpladnturl/scocrnls

Thtco THY

tcx

( Ne) BCRM Haonal trcaselr

4%

Haonal

trcaselr04%

Haonal trcaselr04% 36%

Dlfnt bcrd04% 4% 4% 4% 35%

Cpcrt erh` tml THY Tcx, tmlrl wnoo fl ah latlrtcna`lat tcx ha eno` nadustry. Cosh tmlrl wnoo

fl ah htmlr tcxls tmct crl flnaj prlslatoy n`phsld ha rcw eno`, bc`lrcs cad coo htmlr

lqunp`lats cad slrvnbl tcxls na tml latnrl prhdubtnha stcjl.

Tcfol ah7 36 THY Tcx ha Vlco lstctl slbthr

Erh` Fuylr th

dlvlohplr/funodlr(bmlqul/dlfnt

bcrd/alt trcaselr

Funodlr/dlvlohplr th

rcw `ctlrncos cad htmlr

naput bhsts(bmlqul/dlfnt

bcrd/alt trcaselr


eohws



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Tcfol ah7 32 THY Tcx ha ohw prnbld ntl`s/jhhds/crtnbols/erunts/ldnfols ltb,

bhasu`lr th strllt

vladhr/sloolr/mcwklr(bcsm)

Uladhr/sloolr/mcwklr th

rltcnolr/wmholscolr/naputs(bcsm)


eohws

THY Tcx0ano THY Tcx0ano ano

Leelbt he THY Tcx systl` ha natrcdcy trcdnaj Na tml prlslat systl` RlburntnlsTrcascbtnha Tcx (RTT) ha Rcol he lqunty smcrls, uants he lqunty hrnlatld `utuco euads na

natrcdcy trcdnaj 0.96%

Tcfol7 34 lxc`pol Enjurls na Vuplls.

Yrlslat

systl`

Fuynaj

vcoul

399,999

Rloonaj

vcoul

>>,999

Thtco

vcoul

3,>>,999

Rlburntnls

Trcascbtnha

Tcx0.96%he thtco

vcoul02>.=

Thtco

ohss03999+2>.=0

392>.=

Rujjlstld

THY Tcx

systl`

Aht

cpponbcfol

Aht

cpponbcfol

Aht

cpponbcfol

THY Tcx04%he

trcaselrrld ohss

c`huat049

Thtco

ohss03999+49039

49

Erh` tml cfhvl tcfol nt ns hfslrvld tmct tmlrl ns ah dnsblranfol vcrnctnha na fhtm tml

systl`s.

Leelbt he THY Tcx systl` ha fuynaj he smcrlsNa tml prlslat systl` Rlburntnls Trcascbtnha Tcx (RTT) ha purbmcsl hr scol he lqunty

smcrls cad rloctld `utuco euads09.39%

Tcfol ah7 3< lxc`pol Enjurls na Vuplls

prlslat systl` Ucoul he

smcrls03,99,999

RTT0.3%he vcoul0399 Thtco bhst he

smcrls03,99,399

THY Tcx systl` Ucoul he

smcrls03,99,999

THY Tcx04%he trcaselrrld

c`huat04999Thtco vcoul he

smcrls0394999

Leelbt he THY Tcx ha pltrholu` prhdubts dnlslo, pltrho, OYJ, klrhslal, CTE,fntu`la, oufrnbcats ltb,

Tcfol ah7 35

Bhasu`lr

dlcolr/enoonaj stctnha

Dlcolr

rlenalrnls(bmlqul/dlfnt

bcrd/haonal trcaselr)

rlenalrnls scocrnls/rcw

`ctlrncos/`cnatlacabl

ltb.( Haonal trcaselr)

Thtco THY

Tcx

C) bcsm THY Tcx04% THY Tcx04% =%F)Dlfnt bcrd 4% THY Tcx0 4% THY TC]0 4% 36%

THY Tcx ha ohca rlpcy`lats bca fl cvhndld fy rlpcynaj ohca c`huat dnrlbtoy erh` tml

shurbl he c plrshas nabh`l th tml fcak cbbhuat hr `haly oladlrs cbbhuat erh` wmh` tml

ohca mcs flla tckla. Tml cvlrcjl natlrlst % wnoo fl olss ha ohcas tckla hvlr ohajlr plrnhd.


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Erh` coo tml cfhvl tcfols nt ns bhabousnvloy bolcr tmct na tml THY Tcx systl` tml thtco

tcx bh`phalat ha cay prhdubt, bh``hdnty hr slrvnbl wnoo fl olss tmca 36% wmlrlcs tml

cvlrcjl tcx bh`phalat ns `hrl tmca 2


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prlslat prnbls, thtcooy wnpnaj hut tml uadlr rlbhvlrnls he tml `cghr pufonb slbthr hno

bh`pcanls cad sufstcatncooy dlbrlcsnaj tml olvlo he jhvlra`lat sufsndnls.

4. Hplrctnaj bhst he tml THY Tcx systl`7 Ehrlxc`pol Nadnc (699>)

Tml thtco au`flr he Fcaks/slrvnbl blatrls (Yrnvctl& Yufonb) th fl prhvndld uadlr THY tcx

systl` (c fcak ehr lvlry 6999 phpuoctnha) wnoo fl crhuad


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C7 Hplrctnaj bhst plr ylcr7 Vuplls na brhrls

Tcfol -C

3


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tmca tml rlvlauls cssu`ld cfhvl. \adlr prhphsld THY Tcx systl` tml tcx bhoolbtnha

lxpladnturl ns co`hst zlrh. Rn`nocroy tml mujl natlrlst furdla ha natlraco fhrrhwnajs cad aha

poca lxpladnturl wnoo fl rldubld th hal tmnrd olvlos.

Tmns mujl c`huat, scvld erh` natlrlst furdla ha natlraco fhrrhwnajs cad scvld aha poca

lxpladnturl bhst ha tcx bhoolbtnha dlpcrt`lats, tcx laehrbl`lat cjlabnls, rljnstrctnha

dlpcrt`lats ehr `hvcfol cad n``hvcfol prhplrtnls, blasus dlpcrt`lat, pufonb dnstrnfutnha

dlpcrt`lat, pcssphrt heenbls cad rlvlaul dlpcrt`lats, bca fl navlstld ha mlcotm bcrl

slrvnbls, ldubctnha slbthr, scantctnha, drnaknaj wctlr, mhusnaj slbthr, nrrnjctnha slbthr,

naercstrubturl slbthr, ltb., aht haoy th prhvndl coo fcsnb slrvnbls th plhpol ct erll he bhst cad fut

cosh th jlalrctl mujl l`pohy`lat.

Blatrco Lxbnsl duty wmnbm bca fl cpponld haoy ha bcrs, thfcbbh prhdubts cad shet drnaks mcs aht

flla cddld th tml tcx rlvlauls he prhphsld THY Tcx systl`.

Tml Rtctls smcrl he rlvlauls erh` tml prhphsld THY Tcx wnoo fl (Vs 3, 52,96> brhrls) `hr

Functional Programmes for Enlarged Banking System

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Transcript of Functional Programmes for Enlarged Banking System