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The most controversial Prime Minister of India in last 50 years. Ruled for less than a year but changed Indian politics forever.
V.P. Singh was last official head of Manda Zamindari state in Uttar Pradesh. He was always called Raja Manda by people and other leaders.
In 1980s, he was CM of UP and under him law & administration conditions improved in UP. He made Phoolan Devi surrender too. Had a respect among everyone.
1/
VP Singh later as defence minister opened the inquiry for Bofors guns deal. Rajiv Gandhi could be named in that scam but that did not stop VP Singh. As Finance Minister he empowered Enforcement Directorate to do what ED does now.
VP Singh also raided Dhirubhai Ambani and Amitabh Bachchan for tax appropriations.
2/
A middle class person was telling his problems to the India ๐ฎ๐ณ Finance Minister Nirmala Sitaraman.
Person: We take all the risk, invest our own money and the government does not invest anything
but
The government takes away our entire profit through many taxes like CGST, IGST, Stamp Duty, STT.
He also said that buying a house in a city like Mumbai has become a nightmare for a person.
When the turn of the Finance Minister came to answer this question
She laughed and said I don't have the answer to that.
Now understand that the Finance Minister does not have an answer to the biggest problem of the middle class.
Many crypto traders are tweeting #reducecryptotax hashtag but so far no reply from finance Ministery.
1% tds and 30% taxation is killing India ๐ฎ๐ณ crypto eco system.