Tax terrorism in Modi's India

 India and Ukraine are said to be discussing bilateral ties. And in the same breath India is reported to be having plans to broker a peace deal in Ukraine as well. How much leverage does India have in the Ukraine War I just wonder. I suspect the latter narrative is just trying to pull wool over people's eyes and not to antagonize Russia for the time being for its coming ties with Ukraine.

India is now perceptively moving West and slowly away from Russia, with the military hardware and oil payments issue demanded by Russia, and the move by Indian refiners now said to be ditching Russian oil. India is trying to benefit by playing USA and the West against Russia and China. It is learning very well from the USA. Did people already said that when you see two fish fighting in a pool of water, look around and you will see a' White Man' standing nearby? India is trying to play the same game, thinking it wants to be the 'Black Man' standing nearby waiting to reap the benefits, using the USA to fight Russia and China.

If you follow closely Indian politics, Modi is morphing into a ruthless dictator right before our eyes. India is becoming the biggest democracy in the world in name only, not in substance. The coming election has seen Modi already erecting hurdles and crushing the Opposition, especially the Congress Party, by freezing its money in Indian Banks just before the coming election.

And the 'Electoral Bond' scam, touted to be the biggest scam in human history, is just being brought to light after the Supreme Court of India put its foot down, demanded transparency and allowed its discussion, which showed how corrupted Modi and BJP are in silencing entities, using its privilege position to punish or reward pro or anti-BJP campaign contributors. Those that do not support the BJP were punished using the administrative arm of the Government to carry out, using fabricated fake evidence against them. The scam was supposed to prevent 'Black Money' from exerting influence over elections, but it turned out to do just the opposite, with the BJP having benefited by reaping the lion's share of the scam. But you can be sure the BJP and Modi will fight tooth and nail to clamp down on those who are now exposing the scam.

That brings me to relook at Xiaomi's case in India and why it suffered so much harassment from the Indian Government. Xiaomi, being a Chinese company, probably would not have reason to contribute to the BJP's coffers or any other party in India, while doing business in India. Foreign companies are allowed political contributions in India. For not supporting the powers that be, various charges relating to infringing foreign exchange laws were raised against Xiaomi and eventually leading to having US$676 million of its assets frozen in India, probably all the money it made over the years in India.

The Congress Party of India now calls tax issues raised against them to freeze their bank accounts as 'Tax Terrorism' created by the BJP. So, we can see that what can be used or applied to foreign companies not paying to support the BJP, can also be applied to domestic companies, individuals and entities like the Congress Party as well. The USA and the West will of course just turn a blind eye to all this. Modi is too valuable an asset they cultivated to be brought to justice. 

Anonymous