Sibal’s plight

This refers to Sucheta Dalal’s “Three Cheers for Three Verdicts” (Moneylife, 23 February 2012). Unless he has become thick-skinned since he entered politics, the Supreme Court’s ‘no loss’ argument would have stung Kapil Sibal. I do hope better sense prevails and there is no attempt to frame the 2G auction policy to get close to ‘no loss’ amount. Kapil Sibal’s situation is an example of a...

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Protecting taxpayers

“Travails of a Common Man” by V Raghunathan (Moneylife, 23 February 2012) articulated what I have been experiencing as a taxpayer. My take on this issue is as follows: 1) The government is authorised by law to collect taxes from citizens, as may be approved by Parliament; 2) rule-making is a process of delegated legislation to facilitate this process of tax collection; 3) the government...

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Truth & lies

This refers to “Without corruption our growth rate can be 14%” (Moneylife, 8 March 2012). Corruption cancer cannot be cured unless its actual implementation is carried out honestly in approach. But honest people, especially in public office, are becoming a rare species in India. For this grave situation, politicians and the people both are responsible. Why do they vote for corrupt candidates...

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