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