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