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India's best finance minister?
by sunder on Feb 19, 2008 11:21 AM

Best FM? My foot!
India has yet to see a sensible and right thinking FM.All these FMs only know to raise or innovate new ideas to collect more and more taxes, which any fool can do.The ingenuity lies not in incresing taxes but spending wisely.A rupee saved is rupee earned. This old adage which govt.tells others but does not follow itself.It would have been prudent for all FMs to import components at Zero duty to give impetus to local industries to develop products at internationl levels.It reminds me of a Clock manufacturing company who had to think of shifting to China for the problems it faced from customs,excise and sales tax authorities.The present FM should be awarded the Most Ingeneous FM award for bringing in newer and newer (wicked !) ideas to collect and impose new taxes.So far he has left two Lucrative professions from Service tax, one is Legal Profession and the other" The Oldest Profession on Earth".

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India's best finance minister? Tell us