COUNTER PRODUCTIVE GUIDANCE TO CBI AND TAX OFFICIALS BY MR. MODI’S SENIOR MINISTERS

Union Minister Arun Jaitley has found fault with the CBI for charge sheeting several bank officials in connection with the ICICI bank – Videocon loan matter. Interim Finance Minister Piyush Goyal has asked the tax officials not to be over zealous in collecting taxes from the business houses and others.

Guidance given by both the above ministers are counter productive and not helpful in catching the tax evaders and erring senior bank officials. On the other hand, the ministers should have asked the tax officials and CBI to act according to the law and procedures and do their utmost to collect the tax from the tax evaders and catch hold of the senior bank executives, who have indulged in fraud or favouritism.

It is well known that many business houses evade taxes and are helped by their auditors in submitting false returns. There have also been instances where tax officials at various levels have colluded with the tax evaders in denying the taxes due to the government . Asking the tax officials to deal with the possible tax evaders with soft glove is an irresponsible guidance, particularly when coming from senior minister. Tax officials have to be necessarily strict and use appropriate methods to ensure that the taxes due to the government would be collected, They are employed by the government for this purpose only. It would be ridiculous to ask the tax officials to deal softly with the suspected tax evaders ,which mean that the minister is asking them to persuade the tax evaders to pay taxes instead of forcing them to pay the taxes. Further, this would encourage the corrupt tax officials to go soft on the tax evaders and collect bribe money in the process.

It is very well known that serious frauds have taken place in several public sector banks amounting to crores of rupees in recent years ,which have made the public sector banks sick and put them in in dire straits .Most of these frauds have taken place due to unholy collusion between the senior bank officisals and the business men and inevitably several bank officials are involved in each of these fraudulent transaction and they cannot be done by one or two bank officials by themselves,without the involvement of officials at various levels It will be a long chain. Further, the board of directors in the banks have also ignored such frauds in number of cases or have been so inefficient ,not to identify such frauds. Obviously, CBI has to take a holistic view and charge all the suspected bank officials involved at various levels. CBI can not be selective.

Possibly, Arun Jaitley thinks that it is important to keep the senior officials in banks in good humour and not to displease them by taking action against some of them. This view is unbecoming of a senior minister. He has used the term “ investigative adventurism” to describe the actions of CBI which is an uncharitable remark.

It is high time that the senior ministers in Modi government should know that they should not interfere in the routine functions of the tax officials and CBI. They already have well defined guidelines and precedence to follow.The officials have their role and responsibility and ministers should understand that they should be allowed to function as per the rules and regulations .

Ministers can certainly comment if they come across specific cases of “investigative adventurism”, with adequate proof . Talking in general terms about “investigative adventurism” by senior ministers will not enhance the reputation of Modi government. Let not the critics suspect that the ministers have hidden agenda.

People believe that Prime Mnister Modi is very keen in eradicating corruption in the country and catching tax evaders at any cost. Are these senior ministers in tune with the objective of Prime Minister Modi?

N.S.Venkataraman

Nandini Voice For The Deprived

nandinivoice.com more  

corruption is rooted to the deepest level in this country as politicians linked bureaucrats, bureaucrats linked with down levles staff and banks linked with industrialists and industrialists linked with politicians so how CBI or bureaucrats or Politicians allow the sincere and genuine ( very few) officials to execute their duty as at one point or other they have to cross one of these power mongers. like chennai you cannot take any auto or the drived in to custody for any offence or violation as some way or other they have a link or relation with police department and using that even gundas and rowdis escape even after murder . as the investigation state from how they escape there an auto will come then it will mislead start from the FIR. so Only Almighty can help this country of poor people from these so called public servants, I mean politician, bureaucrats, gundas, rowdies etc etc more  
We who pay taxes honestly are the sole sufferers while our money is being swindled by banks who write off loans as bad loans with the connivance of politicians more  
qualified persons more  
Post a Comment

Related Posts

    • HAS PAKISTAN’S FUTURE BECOME QUESTION MARK ?

      The most serious problem faced by Pakistan today is due to the state of it’s economy, which appear to have become beyond redemption due to accumulated issues caused by mis governance and high...

      By N.S. Venkataraman
      /
    • WILL HOWDY MODI SERVE ANY PURPOSE ?

      Howdy Modi in Houston gets huge publicity in India. But, it is doubtful whether American media would give it similar importance. President Trump is going out of the way to keep Mr. Modi in good hum...

      By N.S. Venkataraman
      /
    • Article 370 eliminated

      Congratulations to Modi Government. 1st bold decision. Do work on the economy though...

      By Sheetal Jain
      /
    • RTI amendment

      Please find attached and fight the misinformation campaign.

      By Rajesh Suri
      /
    • Is it time for yet another demonetisation ?

      In 2016,when Prime Minister Narendra Modi demonetised high value currency notes of Rs. 1000 and Rs. 500, it shocked the nation as all the country men were caught unaware of. Mr. Modi explained that...

      By N.S. Venkataraman
      /
    • Will the $5 trillion economy be possible for India by 2024 ?

      After receiving massive mandate in recent parliament election and getting second term as Prime Minister of India, Mr. Narendra Modi with his characteristic courage of conviction and confidence and...

      By N.S. Venkataraman
      /
    • Congress politicians may cross over to BJP

      candidates whose name I am hearing in Delhi Jyotiraditya Scindia Shashi Tharoor Milind Deora If anyone knows more, share.

      By Rajesh Suri
      /
    • Invitation for Swearing in Ceremony

      Modi ji gave attached invites to all VIPs, party workers, kins of party workers deceased in west bengal. For the next big event half the invites should be reserved for common citizens (s...

      By Rajesh Suri
      /
    • 1984 vs 2019

      Blue turns Orange. If Modi Govt does good work and Congress/3rd fromt rebuilds itself, one can assume it will take 35 years for Orange to turn Blue/Diff colour again

      By Rajesh Suri
      /
    • Muslims Support Modi as much

      Just watch people watch. Amazing Mandate!!!!

      By Rajesh Suri
      /
    • Media people must never go this low

      Unless they are desperately looking for a ticket

      By Rajesh Suri
      /
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)