In 2014, the Hotel sends you a Demand Notice asking you for extra Money for That Lunch of 2005 - Why? Becz it decided that it was not happy with what it recvd in 2005.
You say: But i paid as per Printed Menu Price of that time. Hotel says: I make Laws, you have to PAY. Or get ready for Court Cases.
You is: Any Business/Trade. Hotel is: GOVT in Power.
This is the definition of Retrospective Tax.
And yes India!! has such regressive Retrospective Tax Laws - and wants to be HUB of MANUFACTURING!
Re: Retrospective Tax Laws - Incredible Indeed
by Ramanath Babu on Sep 27, 2014 02:21 PM
I thnik you were sleeping for the past 4 months like Kumbha karna. There would be no law retrogressively, Modi ji has asserted.
Common Citizen are always exploited and fooled by the very ones whom they only empower to pull the society upwards;
Its principally because laws are made in closed doors by those who get there when much more than majority individuals who choose them are far and far below in social indicators of any measure of any count of sense or respectability, are so lopsided in reality that it only helps the violators to stay away from its reach or in abeyance for all their lifetime by easy expression of all their empowerment ;
Pandia Rajan joined BJP and become Chennai district secretary. He joined DMDK when BJP loses power at center. Later he joined AIADMK...and now a rajyasabha MP These people (some fools in Kerala also, where Science exhibition are going on as entrepreneur summit) are fooling people showing entrepreneurship. Ms.shobha warrier- how many times you write about Pndiarajan and family. R u paid for it. Don’t try to imitate Modi. He is far bigger that you can imagine…
Way back in 2007 i had applied in Mai foi. It had a different name then. I did not get any job, though i was a highly experienced in securities. I also have a defence and legal background. 95% recruitments are done internally. Most of job agencies are nothing but a farce. I had bad experience with times job where i lost 20 k
