During my earlier career in the tax department, I carried out several search operations (euphemism for "raids") and nary was a house in which we did not find the housewife with a secret stash of money of which the husband had no knowledge whatsoever.
It was January of 1980. The boxing legend was in Delhi. There were only two ways of seeing him: attend the exhibition bout and see him from a mile away or go for the pricey dinner hosted by his sponsors in a five-star hotel.
Once a credible deterrence is in place, and the fear of incarceration and consequent loss of liberty and social opprobrium looms large for the rogue taxpayer, then there would be no need for any tax amnesty schemes in the future. And that would be a very good thing for honest tax payers and the tax department alike.
Here's what the Budget should keep in mind for salaried tax payers like you and me.
Here's what the Budget should keep in mind for tax payers like you and me.
Organizing a wedding is an institution in its own right. I will tell you about the nuts and bolts, the logistics, the experience, the learning! We had no primer, no manual to refer to. I cannot give any guidance on how a marriage gets fixed up. For the rest, read on.
India's footprint around the world is matched by no other country, says Ajay Mankotia.