Where is kali yuga taking our banks and Mother India?As it is, for me the Kali yuga is, hounding the savings of the country into the hands of the big business tycoons, some of whom are also big NPAs, via the share market by exempting dividends, profits on mutual funds etc from the income tax and subjecting the fixed depositors to total loss. The principal FD, will be lost because of the inflation, the interest is fake income, the fake income has to be added to the taxable income and now for the sin of taking fixed deposits in the previous years, tax avoided on the fake income of those years is subject to a fine of 45 per cent. Meanwhile the MLAs are put in five star hotels to see that they vote for the party candidate in the Rajya Sabha elections, the MLA bribe dowry appears to Rs 10 crores plus. That fat MLA dowry is not from FDs. Well, when banks are so attacked, denuded of fixed deposits, NPAs treated with kid gloves, where is kali yuga taking our banks and Mother India?
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