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