Randomized Thoughts

Ordinary citizens with salaried employment hate the TDS. Its a substantial percentage of their income no doubt, and people don't want to part with their hard earned money, especially if the cost of living has more than doubled in past 5 years.

But its a criminal offense to evade tax. So as a ordinary law abiding citizens, we pay our taxes dutifully. But should we?

I don't know how many Indians know the fact that BCCI is registered as non-profit organization. So it is exempt from taxes. How can the law be so dumb? I am just angry that is all. And people say that other sports aren't doing as well as Cricket. I would say make BCCI pay tax for every nickel and use that money to develop other sports. Surely the money that the government gets through this will not be peanuts. There have been initiatives from the government in 2008 to make BCCI pay tax for IPL. But with the financial year over, we are yet to see any tangible results. Sure BCCI would have bought out high rank officials in the always corrupt IT dept.

Why can't I register myself as a charitable person and not pay tax just like BCCI? I seriously like the model followed in Gulf. Bloody public sector should start thinking of breaking even rather than depending on millions of pockets of ordinary citizens.

I am ok with paying taxes as long as right examples are set for me to pay it. Till then I reserve my right to crib.