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