Rahul Mehta Gandhinagar LsCandidate

NaMo's scheme --- let foreigners continue to get nefarious tax benefits via Mauritius\Singapore route etc ; and crack down ONLY on Indians who are illegally using it . Solution ? TCP, uniform tax on all companies . See last para.
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You will see millions of naarebaaz in BST and RSS on "bring black money back". But all BST-workers and RSS-workers,have now stopped speaking against Mauritius route, Cyprus route and Singapore route !! IOW, they all want foreigners to have nefarious tax benefits. They only want to crack down on Indians who have (illegally) used this benefits. Let me explain.
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First tax benefits to A is loot on B. Every person, company etc who works in India is using Indian police, courts, military, roads etc and all that comes from tax money. Now if B has to pay say 30% of his incomes as taxes as A has to pay say only 10% of his income as taxes, Now if same tax rate was applied on BOTH, then B would have had to pay say say 5% less tax.. IOW, the tax benefits given to A is just a loot on B. Every economists hides this simple fact, because every economist is a paid economist.
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Now let me explain what Mauritius route is and how it damages tax paying Indians. The treaty was drafted in 198, but came into actual effect only in 1992 under PVNR\MMS time. It says --- if a company with postal address in Mauritius, invests dollars in Indian share market , and all its short term capital gains of 35% will be tax exempt i.e. that company only has to pay 3% tax in Mauritius. Please note --- this is clever way of saying that Mauritius company will not pay taxes, and instead Indians will have to pay HIGHER taxes because someone has to bear all the costs eventually.
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Now what if an Indian opens company in Mauritius and invests via Mauritius and pay only 3% tax and save rest 32%? Why doenst everyone do it? Because if Indian citizen declares that he has foreign company, then he has to pay ( 35% - tax paid to local govt) tax in India on his profits made abroad. So he makes no gains, and plus faces 10s of hassles.
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Unless, an Indian citizen makes company in Mauritius and hides it from Govt of India, in which case it is illegal and he may also face imprisonment.
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So now there are two types of companies in Mauritius who invest in India
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1. Companies owned by Rothschilde , Rockefellar etc i.e. USUK elitemen.
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2. Companies owned by Indians and not disclosed to Govt of India
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NaMo's SIT is focusing ONLY on (2) and will let (1) go on and on and on !! IOW, NaMo is only "judiciously" implementing the policy that "gora will pay no tax , Indians must pay all taxes" !! NaMo is NOT making a policy of "all , be gora or Indians, must pay same tax rate" , which is what we see in USA.. In USA, tax rate on foreign company is same is local companies.
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So NMo's tirade of bring black money back effectively focus ONLY on those Indians who evaded taxes using Mauritius route. The foreigners who didnt pay tax in past cant be prosecuted legally anyway. But the loot via tax exemption can be stopped TODAY within 1 day by issuing Ordinance to cancel Mauritius route and stop all nefarious tax exemptions that foreigners and Indians get , legally or illegally. But NaMo has refused to issue ordinance to cancel Mauritius route, and confines ONLY to tracking Indians who have misused this treaty.
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Solution I propose is that we should end the Mauritius treaty, Singapore treaty ASAP. It should be that company first pays taxes in the coutry where it did business, and the pays the difference in its parent company. Thats the treaty USA has with Canada and many other countries.
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How can we bring such law-drafts. I request all to send orders to MP via SMS to end Mauritus route and print TCP in the Gazette. For TCP, please see rahulmehta . com // 301.htm .
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And please note that BST-activists and RSS-activists, and AAP\Congress-activists etc are all supporters of Mauritius route,. So if you want Mauritius route to end, then please dont waste time with them. Please work with us Right to Recall activists only. we are the ONLY political group in India asking voters to send orders to MPs via SMS to end Mauritius route, bring Jury System, bring DDMRCAM, Right to Recall, wealth tax etc..