The Tax arearers need to be collected

[dahiyars]

Dear all

Income Tax arrears to the tune of nearly Rs. 99,000 crore
and customs and excise arrears of another around Rs. 16,000 crore have piled up
till 2005-06. Collection of central and excise arrears had registered significant
growth in 2004-05. Stepping up the momentum, the Government should make a
determined effort to recover the huge income tax arrears. The recovery of even a
fraction of the Rs. 1,15,000 tax arrears would go a long way in generating
resources for the Government. The Government should set an overall
target of recovering tax arrears worth Rs. 1,00,000 crore.

R.S.Dahiya

[devdahiya]

Katti sachchi baat kahi Dr saheb. Par nyu batao iss billi ki naadd mei ghanttalli kuun bandhhe ga? Will power of Govt can make it possible.

[dndeswal]

While the news is so bad for the health of our economy, I am commenting on another technical aspect.

It seems govt. functionaries have forgotten the counting above 'crore'. This phenomenon has perhaps occurred because the Convent-educated bureaucrats use the English system of counting - 'thousand, million, billion'. They seem to have forgotten the Indian terms above 'Crore'. That is why in our newspapers etc. we see strange figures as "1,00,000 crore". In Indian system, after every 2 digits the term of counting undergoes a change. In English system, it changes after three zeros. Hence, "1,00,000 Crore" can be called:

- '1000 Arab' ('Arab' also means a billion)

- or '10 Kharab'.

- or '1 trillion'

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