Any Service and it's Fees

We need to move away from arbitrary pricing to Pricing derived from formula(s).  Any Service Providers or Function provider or Organization or Company or Government has to adopt deriving of Fees, Rates, Taxes, Charges, Pricing based on the following fundamental aspects, 

1. The Components or Factors impacting the pricing

2. Input Cost

3. Value adds Cost

4. Materials or Raw materials used cost

5. Services Costs

6. Cost of Inflation Index

7. Sales and Marketing Cost

8. Manufacturing Cost

9. Taxes

10. Transportation Costs

11. Cost to the Company

In General the most basic fundamental factors that affect pricing are Cost to the Product (Factors impacting the same) and it's Services, Taxes, Transportation, CRM, Delivery line or Delivery Channel or Chain, inflation, etc. 

Therefore, any service or product or any other rates or charges or fees always have to be derived from Factors fundamentally impacting such a service or product and cost of inflation or inflation index.  

For example the "The First Schedule Fees" as listed in the PDF available in the following link as on date (18th October 2020) does not outline the fundamental basis of it's pricing nor it's pricing strategy.  A function from a Government always should be based on sound Fundamental Principles, Repeatable, Consistency and should stand time.  If it has to stand time in the future as well then it has to be based on Factors impacting a product or service and a formula to arrive at the rates only, 

The formula(s) have to be defined in such a way that it stands time with out much impact to it, in case new factors are identified then the formula(s) have be revised as per new impacting factory by how much they influence or the impact they create on the rate or charge or price. 

http://www.ipindia.nic.in/writereaddata/Portal/IPOFormUpload/1_11_1/Fees.pdf

No Arbitrary Pricing Any more.

What do we think or say about this idea?

Political Parties Donation

Is it time for us every body to contribute annually a certain amount as per our capability to the Political Parties Of the state(S) and to the National Parties as well?

This would mean every earning member from TN shall donate using GPay or any UPI payment app to AIADMK, DMK, NTK, PT, PMK, DMDK, AICP, SP, TMC, NCP, BJP... let's say Rs. 100 each to these Parties annually. 

Hopefully, this would bring a change in the way the Societies contribution to political parties and their accountability, Transparency, loyalty, truthfulness, their value to their people whom they claim to represent. 

TIME FOR GOOD POLITICS WITH FINANCIAL TRANSPARENCY, AND ACCOUNTABILITY.

Can the political parties publish their UPI ID or Ids? 

Ordering Systems Should include Gift invoices

The Ordering and Invoice Systems or Software's should mandatorily include Gift invoice or order workflows in ் their Software platform.  The Software Platforms could be Online, Offline, Payment Gateways or Payment apps, in store invoice so on.  The Gift invoice shall include the Make, Model, QR code of the product, Identication QR code of the purchaser and the Identification Code of the receiver of the gift.  The Identification QR codes shall include complete name, Tax Identity Number, Individual Identity Number like aadhaar and Mobile number in case of individual, in case of product, the products make, Model, Serial Number, manufacturing unit location information. The Gifts or Products in possession can be validated with these QR codes, with family lineage information obtained from Individual Identity number like aadhaar to validate, verify the possession of the product's, the inheritance of the same. This would come in handy when expensive metals like golds and it's right possession is under question?

What if the whole invoice is a single QR code on the cloud, a original to the customer, a copy in the vendors cloud, a copy to the Respective Governmental Cloud Repository? 

What do we think or say about this idea?