12 Saturday Mar 2016
Posted in Telecom
Tags
The story of the private telecom companies cheating the government of its due taxes continues. Latest is the report of the CAG that the private telcos including Airtel, Vodafone, Idea, RCom, Tata have all cheated the government of taxes of about 12,488.93 crore. This is done by understating the revenue of about Rs. 46,045.75 crore.
The government should act immediately and collect the due taxes.
09 Wednesday Mar 2011
Posted in Politics India, Uncategorized
Why is it always necessary for the government to get directions from the Supreme Court to take action against the big shots like A.Raja, Hasan Ali, bosses of private telecom companies etc. in scam, corruption and black money charges. If there was no prodding by the apex court, it is very doubtful whether the government will take any action at all.
Now Hasan Ali Khan has been taken in to custody by Enforcement Directorate for one day. Whether it is going to be a cover up or a genuine enquiry. Let us see how it develops. But it is perfectly sure that big sharks in politics, business and shady deals will try to save him, because if he spells there, will be much damage for many.
08 Tuesday Mar 2011
Posted in Politics India
It seems that the Central Govenment will act against scams, black-money, tax-evasion etc. only after pressure from the Supreme Court or after huge protest by the people and political parties. This is good in the case of Hasan Ali Khan also who is one of the big shots in real estate business, black-money, race-horse business and who has stashed thousands of crores of money in foreign banks. The Income Tax Department had levied a tax of Rs.70,000 crore on him but nothing happened.
It is only after the Supreme Court has chastised the government for its inaction and gave a deadline of 8th March, that the Enforcement Directorate has moved and taken Hasan Ali in to custody. By this few weeks before taking in to custody must have been used by the big shot to hide and cover up every trail.
At least some action is taken. Better late than never! What will the result is yet to be known.
VAN Namboodiri's Blog 