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