I don't know why no action is taken to nationalise the wealth of people who are 'caught' in corruption,malpractices,etc? There are people who have 'blcak' income and enjoy their life royally without beins 'assessees'. Why is no action or plan to eliminate corruption in the country? Is it because the government and the bureaucracy are so corrupt that they don't see it as a problem? If all the earnings are brought into the net, then tax income to the government will increase enormously and automatically the tax rates will come down. We have to raise against corruption in a big way and make the 'corrupted riches' as 'untouchables'. Why not have a ministry for elimination of corruption? Actually, there is more 'private corruption' than governmant corruption and no agency to deal with it. For example 'Purchase ' executives in most companies in alliance with 'higher ups' are making crores and cheating the shareholders of the company of their legitimate income. The auditing is a total waste as proved in Satyam case. The 'uncorrupt' and 'straight forward' people are all sidelined in an administration which is a 'self seeking like-minded corrupt group'. Honest executives are silently 'carrying on' without able to change anything just to survive.
