ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Foreign Companies-Cloak over Remittances

family made the leviable unit Such have already been the recommendations of the Raj Committee on Agricultural Wealth and Income Tax. Also, the Raj Committee has suggested tax levy on the shares of companies, co-operatives or trusts in land, so as to prevent the rural rich from dodging tax. Implementation of such suggestions, however, would again mean tampering with the same social group that the men in New Delhi rely on for their political sustenance.

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