Mauritous loophole ( whereby black money holders, bribe takers can send their money through Hawala and bring these back ( no question asked) as foreign investment to receive subsidies and no capital gains tax. It was introduced by Jaswant Singh to enrich his family members who are financial agents.
Pranabda tried to plug it by imposing capital gains tax on Vodaphone ( a major channel to import black money to India) for the last 8 years; as a result Pranabda has drawn the wrath of the Captains of Indian industry and politicians of all parties. Newspapers with paid journalists put all the blame for the last 20 years on Pranab Mukherjee.
Indian economy is still in a bad shape. Buffet has withdran his investments from India; but there is no criticism against Chidambaram. All Paid Journalists are silent.
And he paid the price. Mauritous loophole ( whereby black money holders, bribe takers can send their money through Hawala and bring these back ( no question asked) as foreign investment to receive subsidies and no capital gains tax. It was introduced by Jaswant Singh to enrich his family members who are financial agents.
Pranabda tried to plug it by imposing capital gains tax on Vodaphone ( a major channel to import black money to India) for the last 8 years; as a result Pranabda has drawn the wrath of the Captains of Indian industry and politicians of all parties. Newspapers with paid journalists put all the blame for the last 20 years on Pranab Mukherjee.
Indian economy is still in a bad shape. Buffet has withdran his investments from India; but there is no criticism against Chidambaram. All Paid Journalists are silent.
Pranab Da, sorry: Your Excellency the President, this you should have realised before accepting the Presidentship! In fact, an active personality like you ought not have accepted the post of President. You could have done much more for Indian people by being FM for the time being, then as PM shortly ahead. India has lost that opportunity! It's people's loss!
1. YOU MADE YOUR SON MLA 2. YOU MADE 12% SERVICE TAX, AFTER DEDUCTION OF INCOME TAX 3. ONLY 2LAC REBATE 4. each CONGRESS MPs Have more than 1000 crores declared. Only God knows of undeclared assets. 5. Instrumental to pass bills dividing Indians on caste basis. 6. Gave aid to Aligarh Muslim Univ & IIT kharagpur only, no other instt. 7. Did nothing to curb corruption, black money, inflation. Instead helped loot Indian's money. 8. sURREndered before the Italian Bargirl.
Re: Did nothing to curb corruption, black money, inflation
by meena damodharan on Sep 12, 2012 12:39 PM
& now that pranabda u have become a president that does not mean others should retire from politics
1. YOU MADE YOUR SON MLA 2. YOU MADE 12% SERVICE TAX, AFTER DEDUCTION OF INCOME TAX 3. ONLY 2LAC REBATE 4. each CONGRESS MPs Have more than 1000 crores declared. Only God knows of undeclared assets. 5. Instrumental to pass bills dividing Indians on caste basis. 6. Gave aid to Aligarh Muslim Univ & IIT kharagpur only, no other instt. 7. Did nothing to curb corruption, black money, inflation. Instead helped loot Indian's money. 8. sURREndered before the Italian Bargirl.
