Being A Rebel

While all Indians are living uncomfortably under a scam ridden country, the trails of graft and scams are still coming with same speed.  For example, just one major 2G scam ($ 40 Million) is substantial portion of   India's GDP   ($1.73 Trillion). Since then huge scams like  Commonwealth Games Scam,  Coal Scam, KG Basin Oil Block selling, NRHM Scam, MNREGA Scam and IPL Scam are equally huge, the portion of black money is huge in proportion in Indian power game.  It is funny to see the top brass of government are not only covering up all he scams but also taking retrogressive steps to shoot down new business and start-ups.  The Annual Budget 2012-2013 of Indian Union presented by Finance Minister Pranab Mukharjee imposed a new tax ‘Startup Tax’. “It is proposed to insert a new clause in section 56(2). The new clause will apply where a company, not being a company in which the public are substantially interested, receives, in an...