Tax Evasion.
Only 40 % tax is realized.
Cabs are yellow and Crows are black everywhere. Our Country has remained a safe haven for Smugglers, drug-traffickers, tax-dodgers swindlers money launders and so on. If caught, all you have to do is to flutter few thousand-rupee bills and you are off the hook. Government loses millions and billions by way of tax evasion. Only forty percent of the tax is realized. In all items same practice is adopted. Political climate of the country is responsible to allow the trade to cut corners to such a great extent. In no other country of the world such a helpless and hopeless situation exists. Since Independence we have received Billions of Aid, Grant Subsidy and Loans and help from International Agencies. Taxes were reviewed every year. Taxes have to be reviewed once in Five years for sake of stability and uniformity.
Our Country would have been number one rich country in the world. We joined the wrong block. We did not adopt policy of free market and competition. We burnt bridges with group of progressive nations. Rich in natural resources, blessed with strong family ties, and hard working people, we were destined to be a recognized nation in the world arena. These hopes have been tarnished by political corruption, civil unrest and faulty Government policies. Our Country is a sleeping Giant. Many countries of the world want to let sleeping giant sleep. But now this is not so. The sleeping giant has been aroused. Le Voix de la Populi. It is the Court of Last Resort. Voice of the People is FINAL. The Government will have to answer. We were in sound slumber for the last fifty years. The Government will have to publish a list of all aid help grant subsidy loans received and an account thereof as to how much of it was spent where and how much of it had lapsed unused. We have been repaying loans and interest on loans by which others had benefited. By now we would have been one of the wealthiest countries in the world.
By now we would have been moving in our private helicopters. The choppers would have taken place of cars automobiles. Most of us would own his own chopper. Car automobiles enabled us to move anywhere at our sweet will. Choppers will now replace cars etc. Airplanes have replaced the railways. Air-journey has challenged existence of railways. Choppers need to be modernized in point of view of low price safety and quality.
