India managed a second consecutive year of strong growth in its direct tax collections in FY18. Net collections (gross mop ups minus refunds) increased by 17.1% in the just concluded fiscal year, to ₹9.95 lakh crore.
This was after a 14.6% increase in the mop ups in FY17. It should be noted...
Regarding Black Money Modi danced on the day he announced it screaming he has overnight made all the black money stored in people houses invalid . THAT DID NOT HAPPEN. There has been no tectonic shift in tax collections because of demonetisation . Read the Hindu article .
When his inner circle...
Mate that's a very Pakistani Argument ( shifting the goalposts). Just like Pakistan claims they won 1965 war by defending Lahore .
Goal of Demonetisation was to make black money invalid . Did not happen . 99 percent of the notes returned (RBI source) . Now it is being claimed it was for tax...
Keep shifting the goalposts . It will not help you . Your economy is down the drain and your PM runs barefoot with a begging bowl in Hand from one country to another .
Also India has better GINI index than Pakistan . Source : http://hdr.undp.org/en/content/income-gini-coefficient
Also we have...
There is no Lie . Both the independent members of Statistics commission have quit and now modijee is keeping the report under his arse.
He will wait for elections before publishing it. Demonetisation was the single biggest mistake of this regime .
Per capita is still Better than Pakistan and all this GDP growth is gonna translate in wealth as well so don't worry about it at all .
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=PK-IN-BD
Hands need to go back in gloves . Gloves off policy is never good against civvies . Also the current Army Chief of India is extremely chattery ( probably emboldened by the political support) .
Having a far right govt in India has not helped the cause of kashmir either .
For me the biggest...
Indian Markets are always a good test for Chinese Products . Chinese Phones are ahead of western and South Korean ones . I say so as Indian consumers choose it over competitors . Let's see how Chinese cars fare. They will face a lot of competition both from local and global brands.