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