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Saturday, September 15, 2018

Investment needed

Many countries woe investors with various offers. Why can't India do by asking all Indians with wealth abroad to deposit in infrastructure funds/bonds for 5 or 10 years for low interest or deposit and pay one time 10% tax under special amnesty scheme Though it will also bring in lot of dirty money but it will help economy. Also with all compliances, accounting and declaration allow trusts to receive overseas funds or sell its properties to recover bank dues.

We need to move away from business- suffocating and banking sector- struggling fiscal policy regulations, thanks to Aristophanean compound noun formation which, I hope will make this sentence understandable to FIN.Min officials like σκοροδοπανδοκευτριαρτόπωλις: garlic-bread-selling hostess.

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