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Choices and consequences - The Hindu

Choices and consequences - The Hindu
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Pay Commission , Green Card , Fifth Pay Commission , செலுத்த தரகு , பச்சை அட்டை , ஐந்தாவது செலுத்த தரகு ,

Impose Exit Tax on fleeing rich


Impose Exit Tax on fleeing rich
Impose Exit Tax on fleeing rich
Bharat Jhunjhunwala
Consultancy company Henley and Partners assists the rich to migrate from one country to another. It has said that the numbers of rich wanting to migrate out of India have increased by 63 percent in 2020. Certainly there is contribution of the Covid pandemic. However, in 2018, before the pandemic, the Afro Asian Bank in its Global Wealth Migration Review reported that 15,000 rich persons migrated out of China, 7,000 from Russia, 5,000 from India and 4,000 from Turkey. Three of these four countries namely, China, Russia and Turkey are dictatorial in their political setup. We may speculate that the out migration from these countries could be due to political suffocation. The inclusion of democratic India in this list is ringing a danger bell for us. On the other hand, the destination of the rich was 12,000 to Australia, 10,000 to the United States, 4,000 to Canada and more importantly 100 ....

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Punjab's 6th pay commission recommends 2-fold increase in salaries for govt employees


Punjab s 6th pay commission recommends 2-fold increase in salaries for govt employees
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Last Updated: May 04, 2021, 07:28 PM IST
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The average increment in salaries and pensions of employees is expected in the range of 20 per cent, with salaries in for a 2.59 times increase over the fifth pay commission recommendations, said the spokesperson.
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Punjab s sixth pay commission has recommended an over two-fold jump in salaries of all state government employees, and an increase in minimum pay from Rs 6,950 to Rs 18,000 per month, with retrospective effect from January 1, 2016, an official said on Tuesday. The recommendations of the commission are likely to lead to an additional expenditure of Rs 3,500 crore per annum from 2016, said an official spokesperson of the Chief Minister s Office. ....

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