The site is biased towards AAP... but the writer of this article isn't.
He also takes a few jibes at the finance ministry & the finance babu.
@magudi @The_Showstopper
Centre's strategy to unearth black money a joke: Mohandas Pai - Janta Ka Reporter
Centre’s strategy to unearth black money a joke: Mohandas Pai
Terming central government’s strategy to unearth black money a “joke,” former Infosys director, T V Mohandas Pai on Wednesday said
that the centre didn’t have a policy, legal and intelligence muscle required to book the offenders and put them in jail without delay.
This, he said, was a “big failure” of the Narendra Modi government at the Centre.
Pai, the former chief financial officer of Infosys said that better intelligence and prosecution were needed to achieve the objective as the current law was “unworkable”.
“
The whole black money strategy has been a joke. The law (to unearth black money) is badly drafted and it is unworkable. Nobody will pay 60 per cent tax to stay in this country. And secondly, your black money action should be based on better policy and better intelligence,” Mr Pai, chairman of Manipal Global Education Services, told PTI in an interview.
“It (the government) does not have super intelligence yet. It does not have superior prosecution capabilities, and unless they get better intelligence, they are able to prosecute better, they set up fast track courts, things are not going to work,” he said, adding, “It (not having an effective strategy to unearth black money) has been a big failure of the government.”
“
Black money is not waiting in foreign banks for you to go and get information and do. There are sophisticated structures; government should find out what these structures are, who is doing it and how it’s being done,” added Mr Pai, who was a member of the Kelkar committee on reforming direct taxes.
On government having special prosecution powers, he said, “There is a lot of corruption in the ports. They must set up special investigation teams, appoint special prosecutors, build up capacity, add special courts, try them (offenders) and put them in jail within six months…not five years or ten years. If you don’t do that, nothing will work.”
Tax terrorism has not come to an end in the country even though Finance Minister Arun Jaitley continues to say that it’s stopping, Pai alleged.
“
It (tax terrorism) is still continuing at the grass-roots level. (Tax) disputes have gone up to unprecedented levels. They (the government) have to clean up the whole system; and that (tax terrorism) is stopping investments,” he said.
Speaking on areas where the government has not “done well” during 18 months in office, he said it should work very closely with States because it’s where the action is; not at the Centre.
“The Centre passes a policy and the States have to implement it…many of the States have become laggards,” he said.
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Chandan Mitra is the proof why Bongs are indeed spineless foolish cowards
Please don't forget before attacking Bengalis that Swami Vivekananda, Shyama Prasad Mukherjee & Netaji are also Bengalis. Granted they have their flaws, but they were far from being either spineless or foolish or of showing cowardice.
Chandan Mitra is one of those lutyens-wala idiots, they naturally despise Social media & any criticism of themselves(he was always criticised on social media for his performance as a spokesperson)
It is wrong & unfair to stereotype an entire group of people just because some of them(especially their leaders) welcome illegal Banglas & are obsessed with secularism & socialism!
& aren't
@Mike_Brando &
@Tridibans also Bengalis? Would you refer to them using the aforementioned words? Words which anybody who knows them will tell you will not apply to them?
"Low life scum" - that should be the tag line for you bjp sm trolls!
Thats why they say bhakts are not very bright and Chandan Mitra agrees.
Just because 1 member has got into a conflict with you & begin using abusive language against you doesn't mean everybody who is in the party the member supports on SM is a "low-life troll".
You yourself know many of them on this forum & have got along well in the past with them. You can check your own post-history as reference.
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Am very Surprised at the U-turn of the BJP, I thought it opposed talks with Pakistan at all costs & until Pakistan makes big concessions..
I will comment on this later & post my personal opinions after we get more insight into these talks & the concessions/promises made by both sides .
But yes, this will not go down well with many people.
It has to be prepared to face a lot of flak if these talks also yield no results.
& if the GOI approves of cricket with Pakistan.. Few will spare them for such a decision.
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...... actually you can admit it either way. A bit of honesty is good for you.
what kind of moron calls that Chupk Chupk ? ........ oh wait .... its you. The lying lowlife scum. 
I urge you to keep trying.
but does not leave a pleasant taste in the mouth). After all, no one asked them to take such hardline positions before. This is clearly a climbdown from GoI, they might well have their reasons but all they are now doing is putting lipstick on a pig.
