Making Profit in India is a Crime

The Modi government of India has made it legal (sic) that any business in India cannot make profit! If they make profit then they go to jail. The recently implemented new tax regime GST (goods and service tax) has a new amended clause in it, clause 171, which debars producers from making profit; any profit […]

Should Indians Boycott Chinese Goods?

The on-going stand-off between the armies of the Indian and Chinese nation states on the Sikkim border has created quite a bit of ruckus in the, now very nationalistic, Indian public. People in India are calling for a total boycott of Chinese goods. This demand for boycott of Chinese goods is nothing new. Economics of […]

Should Indians pay taxes to become a developed nation?

The finance minister of Narendra Modi government Mr. Arun Jaitley recently, in the Institute of Chartered Accountants while celebrating Chartered Accountants  Day (sic), said that India should have a “new normal” with citizens ready to pay the taxes they need to pay and a new mindset to move from a developing nation to a developed […]

Discrimination is a Human Right

Recently a woman named Tailin Lyngdoh from Meghalaya was removed from the Delhi gold club premises by staff officials because she was wearing a traditional dress ‘Khasi’ and was apparently looking like a ‘maid’. The union government minister Mr. Kiren Rijiju has protested against this incident by saying that it is a clear case of […]