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Articles by CA Anil Garg

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We are abusing logic to our own peril

Posted by CA Anil Garg 02 June 2014 5422 Views

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

Posted by CA Anil Garg 20 February 2014 12537 Views

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

Posted by CA Anil Garg 20 February 2014 12863 Views

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

Posted by CA Anil Garg 05 February 2014 11789 Views

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

Posted by CA Anil Garg 03 February 2014 11312 Views

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

Posted by CA Anil Garg 17 January 2014 12709 Views

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 !

Posted by CA Anil Garg 10 January 2014 54620 Views

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

Posted by CA Anil Garg 06 January 2014 16005 Views

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

Posted by CA Anil Garg 02 January 2014 15180 Views

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

Posted by CA Anil Garg 28 December 2013 26320 Views

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




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