Articles by CA Anil Garg

We are abusing logic to our own peril

CA Anil Garg 02 June 2014 at 11:13

We believe that Indians are next to none in caliber. Individually, Indians are easily discerning in their intelligence which made Obama caution his countrymen to be wary of Indians and Chinese who are cornering most of higher education seats. But col

Proposed DTC is anti-reform

CA Anil Garg 20 February 2014 at 11:52

Income Tax law must have suffered the most volatility and changes since enactment in 1961. Government has been twisting it at will in order to extract more and more revenue. This must have the dubious distinction of being subject matter of highest li

So, how do we solve our problems in India

CA Anil Garg 20 February 2014 at 11:52

Every 6th person in the world is an Indian. We are blessed with ancient civilization. History tells us that we have never been expansionists and have never attacked other countries. We have been happy to live within our borders and yet, we are afflic

High Time Bureaucracy is replaced with professionals

CA Anil Garg 05 February 2014 at 12:35

India is a rich country inhabited by poor. India is rich because it is blessed with massive natural resources. For instance: We are the 7th largest country in the world We have 8129 kms long coastline giving us massive sea resources (fish, off-shore

Agriculture is a proof of monumental mismanagement in India

CA Anil Garg 03 February 2014 at 13:30

Agriculture has been a major source of living for majority of Indians, traditionally. It is believed that about 70% people are engaged in agriculture which contributes only 15% of our GDP. By itself, this is a proof of extreme inefficiency of this se

Black Money Minus Corruption is Benign: Counter Point

CA Anil Garg 17 January 2014 at 13:48

Suddenly, it has become fashionable in India to talk about black money and behave as if it is the root cause of all problems and we all will become prosperous no sooner black money is put to tax net within the control of our dear government which has

Replacing all taxes with banking transaction tax !

CA Anil Garg 10 January 2014 at 13:58

In prelude to General Elections, several radical ideas are being circulated. Baba Ramdev is believed to have propounded this idea, supported by Gadkari and finally, endorsed by Modi, though they have not committed to it as yet. Let us examine the mer

Citizen's Charter is incomplete without Business Services

CA Anil Garg 06 January 2014 at 12:51

It is heartening to listen to Mr. Kejriwals speech in Delhi Assembly during vote of confidence. He has rightly mentioned that Citizens Charter is an integral part of anti-corruption measures. A government official is likely to stop doin

Inflation can indeed be brought down

CA Anil Garg 02 January 2014 at 13:01

Ever rising food prices have been hurting everybody in India for last several years, taking sheen out of otherwise spectacular economic growth so much that darling of the world recently during President Obamas visit a few years ago has become

Stability of Laws is not undesirable

CA Anil Garg 28 December 2013 at 16:37

If there were to an international survey on stability of tax laws or the absence of it, India should undoubtedly be at the top in absence of it. Governments, both state and centre, work overtime to churn out amendments and new circulars/notifications