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- Politics is the best business in India.That is why all politicians are putting their children in this profession
Sonia & many others are on this lineCommentQuote0Flag
- Actually being a bureaucrat is the best business in India, they make all the decisions, take the lion's share of the monies and still stay away from the limelight to enjoy their ill-gotten wealth. Plus they do not have a limited shelf life like the politicians.CommentQuote0Flag
- Bureaucrats work on behest of politicians & take lion share of kick backs.Five year shelf life of a politician is like life time achievement.They create so much wealth that their coming generations need not to work.CommentQuote0Flag
- Babus and wealth generationOriginally Posted by Krazy YuppieBureaucrats work on behest of politicians & take lion share of kick backs.Five year shelf life of a politician is like life time achievement.They create so much wealth that their coming generations need not to work.
Babus now make a lot of ill gotten wealth.Even peons in many Government offices are crorepatis.Who says India is poor?
But one important thing to remember is that babus also get first into line of fire if CBI enquiry takes place under media or public pressure.The neta still remains insulated from legal punishment.At best he resigns and then becomes governor somewhere.
Recent railway scam shows how spineless investigating agency has been.They were hesitating to call the railway minister for enquiry.
Public are to blame for this.Recently match fixers got unprecedented welcome in Kerala.We are tolerant to corrupt people.We vote for the same set of corrupt leaders.How can change come?
I readan article about our land being a country of thieves.I felt sad but understanding this bitter words and making a chnge at individual level is important.Link:India, A Country Of Thieves? | Capital Mind
Comment by a reader on this article is quite correct and need of the hour:
"Somewhere I get a sense unless I myself come and do something positive, nothing is going to change. No one can do better than my efforts and initiative"CommentQuote0Flag
- Politics in India ; I hear its very difficult for a newbie to breakin this business ..... It's totally a orinteted family business ...outsiders not allowed , that's why there is a such a big premium & success rate .CommentQuote0Flag
- growth of assets
This blog makes interesting reading.All our netas show impressive financial skills.Economy in doldrums but
Forget Vadra. BJP should learn business lessons from Arun Jaitley! Recommeded by Digvijaya SinghCommentQuote0Flag
- Coming: 35% income tax slab for super-rich
Extracts from HT about tax on Super rich:
The Cabinet is likely to clear the Direct Taxes Code (DTC) Bill, 2013, on Thursday, which will bring in sweeping changes in India’s income tax regime, including a higher 35% tax for the super-rich, rejigging the existing slabs and wealth tax on a host of new assets, such as expensive watches and paintings.
Link:Super-rich may come under 35% tax slab - Hindustan Times
India has 42800 people in super rich category as per Finance minister and law is being amended to tax them. I am sure no politician will be touched in this regressive tax.
When 7791 candidates contested Lok Sabha election in 2009,62% of them didnt declare PAN.You cannot buy a car without PAN or even open MIS schem in post office without PAN. At least 15% of the winners MPs have not declared PAN.This is the seriousness of the GOI to garner revenue.OR it appears they want money from all other citizens and leave politicians as special exempted class.This is another additional exemption to the already long list of exemptions enjoyed by our masters.
I really wonder when our leaders are going to lead and get over making cosmetic gestures of taxing the super rich.CommentQuote0Flag