Thursday, February 19, 2015

February 18, 2015 No.10

February 18, 2015

https://www.facebook.com/mehtarahulc/posts/10152604638651922



The real issue Mauritius route which is problem as follows
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1. When an Indian entity invests in USA \ UK \ Japan \ China, directly or via any country, it pays income tax in USA and not in India .
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2. When a USA \ UK entity invests in India , via Mauritius, it pays tax in USA \ UK and not in India !!! Likewise, when a Japanese company invests in India via Singapore and Chinese company invests in India via Fiji, they will pay taxes in Japan and China and NOT in India !!!
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Example :
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1. Say Indian invests $1000 million in USA directly or via any company. He he makes profit of $100 million. Then he has to pay taxes of $40 million in USA
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2. Say American invests $1000 million in India via Mauritius. Say he makes profit of $100 million. Then he has to pay taxes of $0 in India, $2 million in Mauritius and $38 million in USA !!!
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IOW, US Govt gets taxes from income generated in India !!
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These treaty means "Gora \ Japata \ Chapata will pay no tax in India but pay tax only in USUK \ Japan \ China , while desi will pay all taxes in India as well as USUS \ Japan\China ".
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IMO , these tax treaties are open insults to us Indians.
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SoMOKe = SoGa \ NaMo \ ArKe , one and the same, ek hi thailei ke chatte batte --- are supporting this Mauritius \ Singapore \ Fijij treaties.
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All leaders of Congress, BJP , AAP , RSS also support these tax laws.
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All workers of Congress, BJP, AAP, RSS, Bharat Swabhiman Trust also support these tax laws.
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Rajeev Dixitjee was opposed Mauritius route. But all BST workers now OPENLY support this Mauritius route, Singapore route, Fiji route etc
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NOW, DO YOU SUPPORT \ OPPOSE THESE TAX TREATIES ?
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If yes, please join Congress, or BJP or AAP or RSS or BST --- they are all one and the same. They all support these tax laws.
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And if you oppose, then please join Right to Recall Group. We are the ONLY group in India who are working to end these tax laws.
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And please order your MP via SMS
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Dear MP, my name is ______________ and voter-id is ___________ . I am ordering you to cancel tax treaties in Mauritius \ Singapore \ Fiji , and make treaties where all companies \ persons doing business in India will have to pay tax in India. For details, pls seehttp://tinyurl.com/CancelMauritiusRoute
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