In my opinion India is not yet ready for the single minded pursuit of the cash transfers which the current government has high on its agenda for social policies and subsidies.
Just chanced upon a video from ET Now, SBI’s chairman Arundhati Bhattacharya in conversation with rockstar RBI Guv Raghuram Rajan. They talk about issues bothering them from either side.
I had this post drafted on my blog. Finally got the time to complete it.
Well I am not taking the regular route here.
The International Monetary Fund (IMF) came out with its bi-annual publication World Economic Outlook recently and it predicts about India’s economy in coming years. There are a lot of numbers, and lot of data. Here is the simplification of all of it…
The hook or crook way of collecting taxes by the government can be called as Tax Terrorism.
Let us begin with some examples.
1) The government slapped a Rs 13,000-crore tax demand on Vodafone.
I am the Zamindar of my village.
I can tell you what it is.
Our title is Deshmukh, while neighbouring villages’ zamindars are Mirzas, Chaudarys, Reddys, Goudars, thakurs, waderas etc. And usually we…