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Wednesday, June 15, 2011

FEEDBACK ON BLACKMONEY TO THE GOVERNMENT

Following email has been created by the MOF for getting nations’ feedback on black money, penalties involved in case of tax avoidance etc.
bm-feedback@nic.in
Now that creates a very interesting case.
Knowing the way government operates it is difficult to imagine that it will not try to be vindictive against the citizens who give positive response for black money.
The point is out of the people having access to email system how many are actually NOT paying income tax due to being below the taxable income level.
Which also means that how many of the people who have reasons to not pay tax on their income will be actually giving any feedback on email and ask govt. to penalize the evaders.
Now the category of these people will be very small and will include almost all small businessmen, all big businessmen, all politicians, bureaucrats , gangsters, hawala dealers, property dealers, property sellers ( that will include ALL lower and medium class citizens who cannot sell without receiving part of the proceeds in black).
Now how many of us does that leave?
My daughter told me that when the constitution was being drafted - the citizens used to given the option of commenting on various articles in discussion.
I think that was a different case.
More important is why did the government not put up the new DIRECT TAX CODE for discussion to the citizens.May be it would have got a better response.