1. Call citizens with black money as ‘honest’ to generate revenue: RSS

Call citizens with black money as ‘honest’ to generate revenue: RSS

Rashtriya Swayamsevak Sangh (RSS) today said the people having Black Money should be addressed as "honest citizens" if they agree to pay tax on it.

By: | New Delhi | Published: September 17, 2015 10:41 PM

Claiming that a ‘changed mindset’ towards black money would increase tax revenue in the country, Rashtriya Swayamsevak Sangh (RSS) today said the people having such wealth abroad should be addressed as “honest citizens” if they agree to pay tax on it.

Senior RSS functionary Indresh Kumar said that people having hidden money abroad would not declare the amount if they are called “dishonest and thieves”.

Opposition parties have attacked the Modi government over its alleged failure in bringing back black money as the BJP had ‘promised’ during the Lok Sabha campaign.

“I said (to Baba Ramdev) you all keep talking about black money but who will bring it back? Why would one prefer to be called dishonest and a thief? You should have said that any Indian having money abroad should bring it back and deposit 35 per cent of it with the government and he can keep the rest.

“The government would have received lakhs of crores of rupees. And if this money turns white, it will also become taxable. So, your tax revenue would increase manifold. Such people should be declared as honest citizens of India,” he said.

Terming the existing tax-slab too high and a “slavery” for tax-payers, he said it should be brought down as such a move will encourage people to pay their taxes and increase revenue.

Meanwhile, a book titled ‘Gaay aur Islam’ (cow and Islam), which stresses on “ill effects” of eating meat and other issues, was also released at the meeting.

The book is penned by Muslim writers and published by Goraksha Prakosth of Muslim Rashtriya Manch, headed by Indresh.

During his speech, he also stressed upon the works by DSS organisation, saying that DSS will work with a motto ‘nation first, nation last’, will work for a conflict-free, poverty-free, castiesm-free India and increase harmony amongst people of the “mother land”.

The gathering was also addressed by national president of DSS Sarvadanand Arya, Mahipal Singh, Sukhvir Bauddh, Suraj Bhan Kataria among others.

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  1. P
    Sep 18, 2015 at 7:01 am
    Generally, black money holders evade tax with eye on short-term gains of keeping their riches to themselves rather than looking into the long term benefit from public goods created by governments through tax receipts. Possibly, they don’t trust governments’ ability to spend money better and faster. What RSS seems to be saying is that exercising ‘power’ doesn’t ensure tax compliance from the tax evaders, rather it is better to ‘trust’ them! Because, trust begets trust. The suggestion is to use 35% tax rate along with a tag of ‘honesty’ to manite tax compliance behavior. It is a separate matter that none can decide tax rates other than the Lok Sabha through a Finance Bill! But there could be a problem in ‘trusting’ those with a weakness for ‘honesty tag’. Such persons may be tempted to move their money to a country where they get better social and economic benefits in the short-term as well as long-term, both viz., safe banking facilities, home ownership, local citizen ship etc.,. Thereafter, they can also apply for a more honourble Indian identify card called PIO and claim to be part of an admirable Indian Diaspora - living abroad as cultural ambadors of India. So the umption that Trust begets Trust may not work, atleast for those who had already transferred the money abroad, unless (a) the host country kicks them and their illegitimate money out of their country, and (b) the local Indian diaspora disowns those Indians who transferred wealth from their mother land through illegitimate means. That said, some people don’t trust government’s ability to provide public-goods and hence they conspire and collaborate with customs officers to claim crore of rupees of export subsidy. They may possibly divert it in the guise of philanthropy or social work to claim the ‘tag’ of good Samaritans/educationists and possibly end-up with honorary civil awards of Govt of India. So, visualize as to what happens if such ‘honesty tag is extended to such people including some insider traders called Rajats or Satyams or others like Dawoods or ems. Thanks.

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