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Land reclamation from sea appears cheaper! Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai More tributes to GR A proud Madrasi The rise and fall of Annamalai University Protest masters... Build close rapport with business leaders Strengthen the base... Why this malaise in medical education? Welcome thrust on trade in Modi’s foreign visits... Music happens He continues the focus on social amelioration Tax agriculture Sweeter prospects for sugar For whom the MIDS bell tolls? Cutting the nose to spite the face Delhi returns to BJP Plummeting profits of PSBs Tatas moving out of urea production... Silver Years of Madras Musings Shale gas and its shallow future Solar thermal shines… The Gulf aviation boom Make standards certification mandatory... For whom the bell tolls? EVM is tamper-proof TN-leverage strength of BHEL, NLC... How Air-India loses customs... Valli, they are more marginalised Air Asia India will set new benchmarks for budget travel Shanti and Sadhana through Music Not just in-laws (and outlaws); they’ve renowned academics at the helm! Inflation: are we emulating Argentina and Brazil? Breaththrough in malaria control Funding the un-funded CSR and CMI: promise of another Srinivasan Ramanujan... Scientists urged to take up farmer-oriented research Put expensive assets created to use... Maximising the micro pricing … A rich pool of talent not utilised…. No Maha Koottani in TN... This scant respect for Law Revving up the manufacturing sector Pharma – overdose of copying When Ratan Tata visited SRM A C Muthiah – his munificent bequeaths to science Discoms deserve better… The Jan Dhan bonanza An informal presentation - analytical, forward locking... The star of Spencers is no more The few handicaps... Multi-faceted Venkat Come elections, come advertisements... A welcome initiative by the judiciary Fall in crude prices help in oil sector reform Boy, can you beat these? PC’s preference for professionals Adharma of opposition politics S V Raju – a ‘good’ true liberal Marketing expert Balagopal is no more Editor's Says No engine for this car Welcome GST Robber barons everywhere Tribute – M V Murugappan The ‘Ayyo-yes’ is no more Kinetic Karnataka Mu Sigma – is no more Towards speedy justice The Swadeshi Trump Which side are you, Montek? The power-full Hindujas Excel Generators provide the vital back-up Of course, Gujarat is vibrant A friendly business group Intellectual of rare qualities Secularism and anti-Hinduism When small is no larger beautiful.. When nations steal growth from one another… Where is Rajaji? A Grand Finale for SN’s MS centenary at the US… TN – agglomerate land holdings without alienating ownership Godspeed, Chief Minister JJ Quality education through the PPP mode Colour-Chem’s colourful KRVS Naidu’s return augurs well for Seemandhra China invests in India WTO Meet: resolved to meet again IPL type auction for VCs? Alexa – Talking Wikipedia Paytm karo... Like Hinduism: many paths to reach God... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Delhi Chalo... Small units prefers to remain small... Infrastructure funding – lessons learnt Vibrant Gujarat Bihar elections - the Rajaji formula worked Road development slows down The brown list of Venkitaramanan Tribute – UCAL Selvan… Adapt Vajpayee dinner diplomacy Recognition to role of NBFCs.... Delhi is distant… Delhi is distant An enemy’s enemy is a friend Dr C Rangarajan returns to Chennai Remembering Indira Sivasailam... Editor's Notes Cleaning Ganga – relocate tanneries and install electric crematoria More Shakthi to Das’ elbow MHC should not return to its old indisciplined ways Cement prices continue to rise… When TN politicians can emulate Kerala's When online building permits work…. Don’t seem to feel the pulse… Quality silica from Neyveli Insurance companies bleeding, yet no decision on increasing FDI limit! Odisha: spectacular win by Naveen Patnaik B H Kothari - a tribute A Grand Finale for SN’s MS centenary at the US… Revive development banks... Preserving for the future The balancing act Telangana in top gear… New IT products of Ramco in the pipeline… Bihar – Nitish Kumar adopts the Lalu model Moily’s bold thrust TGS- The king storyteller The why of tax incentives Waning interest in public discussions… Welcome changes that testify to Jayalalithaa’s return to health Return to king coal for urea... Reliance’s TV – 18 ready to launch Tamil News Channel Rahman at CIC Russi Mody – a tribute Banning booze... PPP mode for upgrading Corporation Hospitals When the President was rendered homeless… West Bengal: mindless malignancy Lesson from Chandrababu Naidu Tribute A glass full of corruption to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines More Shakti to resource mobilisation... Shaming of Tamils by Tamil farmers at Delhi TIAM turns a full cycle Engineering seats go abegging Noble nonagenarians... Polls and promises Tough task taking states together Permanent secretariat for TN GIM Limit foreign borrowings to hi-tech, export potential projects... Eternal support for capitalisation of PS banks Tihar, Puzhal not different from Parappana Agrahara Poor representation for Kerala and TN in Cabinet Sweet news for TN sugar mills The nuclear option A professional at the helm of IRDA... Wanted: a second airport for Chennai Sri Lanka votes for change Measuring roof tops in terms of KW/MW Contrarian cousins Focus on quality of power - its only around 170-180V TN accounts for the largest recruits by the IT sector S Ramanathan – a versatile musician, musicologist The sea- saw battle continues... Haul over the coal R Sridhar steps down as CEO of Shriram Capital IPL - no surprise this scam CII projects higher growth… Building loyalty through the stomach Modi and the lady Roaring Ro-Ro facility Fortune for Indian Airlines A think tank for Chennai Nuclear power at the nucleus Where a state respects its litterateurs… CRS, a jewel among managers, is no more. Auto components surge… Solar, solar everywhere … Diamond jubilee of Egmore Samskrt School Rs.1600 crore paper board plant of TNPL Increasing non co-operation of state leaders Lalu’s envy, India’s pride IAS invades NDDB... Mersal magnified Wise Presidents Muffled voices for merit… He saved millions from starvation... Medical costs hit the roof... London, London Narayan Streamlining mandatory third party cover Kudos to NDTV... Gas is the way forward SoA @ 80 L&T- the specialty of special purpose vehicles Poor quality of university VCs Naidu will soon build a new Hyderabad An inexplicable neglect Tatas moving out of urea production... GNS - 100: our first subscriber Whistle-Stop Tour of Raghuram Rajan Making ‘my Amaravati’... CIPET hqrs to stay at Guindy – for the present? Padma Bhushan for A Ramakrishna Shipping woes of Chennai companies A yen for wastage… The ‘Jayanthi Tax.’ Kulandai was a giant A more liberated TN… L&T: focus on infrastructure and more infrastructure… Online not in line with brick and mortar businesses... Five star activism stalls development activity Things happen by accident and not by design... The Ports’ Pasha expands into Tamil Nadu Another Indian music maestro at the UN Why land prices zoom in TN? Welcome focus on core competence There was flood of milk. Reason: no milk commissioner! Convulsions in The Hindu Fuel for thought Gay abandon in pricing Align crops to agro climate endowments… No mega rail project for Tamil Nadu …and of a popular trade leader The rise and rise of KCP GM Technology at last! Readers' Mail Fortune 500 review Parliament in paralysis... All eyes on Sankara Nethralaya ONGC at KG Basin Tribute – Manikam Ramaswami More heat than light Modi storms Silicon Valley EEC at the National Media Centre Liberal imports idling indigenous capacities Should we change the official year? Airlines in India: cost and space F C Kohli - his concerns all embracing Demise of a media baron... TELANGANA at last…BUT Computation of GDP – conundrums continue
 
Tax agriculture

NITI Aayog member Bibek Debroy and Chief Economic Adviser Arvind Subramanian have been favouring tax on agricultural income. IE has been advocating this for long. The exemption for agriculture has been resulting in prosperous business sections acquiring agricultural assets (land to a great extent) and often use this for manipulating tax returns. Jayalalithaa, for instance, had shown in her affidavits in the disproportionate assets case, huge incomes coming from her orchards in Andhra Pradesh. 

Just look at the pathetic state of tax payments: hardly around three crore, of the 126 crore population, file tax returns. Of this less than half, around 1.5 crore, pay income tax. One notices large sections of land-owning gentry merrily showing losses on agricultural operations; it is so difficult to keep track of the income and expenditure on such transactions.  Of course, agriculture being a state subject taxing it is under the jurisdiction of the states and since the farming community is a significant constituent of the vote bank, state governments are wary of taxing this sector. 



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