FOR hulking bureaucracy,it is a thoughtful gesture. Each year the chairman of the Indian Central Board of Direct Taxation e-mails a “Certificate of Appreciation” to every resident who has paid over 100000 rupees ($1500) in tax. There are even helpful instructions on how best to print out this “recognition of your contribution towards building of our great nation”, should you want to frame it.
Fret not for India’s forests. In a country of 1.3bn, and fewer than 400000 of these precious testaments were awarded in the latest wave. Not many Indians build enough money to pay that kind of income tax,and many of those who carry out opt not to. Perhaps half of India’s economic...
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Source: economist.com