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.
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