Financial Daily from THE HINDU group of publications
Thursday, Oct 20, 2005
Financial Daily from THE HINDU group of publications Thursday, Oct 20, 2005 |
|
|
|
|
|
|
|
Opinion
-
Letters IT for poll contestants
According to a TV news channel, several of the contestants in the Bihar Assembly elections have declared family incomes exceeding Rs 1 crore per annum. It will be interesting to know if they have declared this in their income-tax returns and paid their taxes. The Election Commission should make it mandatory for contestants to submit a certificate from the Income Tax Department that they have no arrears of income-tax, for their nomination to be accepted. In case they declare it as agricultural income and thus should be exempt from income-tax, the Finance Minister should rethink exempting such huge amounts from tax. Why should the state provide free power to such high-income individuals? C. V. K. Moorthy Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|
