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