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