AGLI DUNIYA

  Waqf Act was first passed by the Parliament in 1954. Subsequently it was repealed and a new Waqf Act was passed in 1995 which gave more powers to Waqf Boards. In 2013, this Act was further amended to give unlimited powers to Waqf Boards to snatch anyone’s property,which even could not be challenged in any court of law. In March 2014, just before the commencement of Loksabha Elections, Congress Party gifted 123 prime properties in Delhi to Delhi Waqf Board by using this law. Due to this black law, thousands of acres of land of Hindus have been snatched away in the country so far. Recently Tamilnadu waqf Board has declared 6 Villages of Tamilnadu, including a 1500 years old Hindu Temple as Waqf property.   Simply put, the Waqf Board has unlimited powers to claim properties in the name of Muslim charity. But to understand how he got this right, we have to turn the pages of history.   In fact, the Hindus who came to India after partition from Pakistan, their propert...

  Agricultural income   earned by a taxpayer in India is exempt under Section 10(1) of the Income Tax Act,1961. What is more shocking and surprising is that this so called agricultural income is tax free without any limit. You can have unlimited amount of agricultural income without paying even a single rupee towards income tax.   While income tax is levied on all types of incomes from all the persons, why Government is not imposing any income tax on agricultural income, is a million dollar question. Some people are under the wrong impression that our Government is very considerate and sympathetic towards the farmers community and do not want to impose income tax on agricultural income of farmers. However, this is completely untrue. Had it been the intention of the Government to provide the relief to farmers by not subjecting them to income tax, it could have been done by fixing a threshold for tax free agricultural income. If some type of income is made complete...

  * There are around 7000 Listed Companies and 66000 unlisted companies in India. All listed companies and a majority of unlisted Public Limited Companies are required to have Independent Directors on their Board as per the Companies Act, 2013 as well as in terms of the Listing Agreement of Stock Exchanges. *The basic intention and spirit behind appointing the Independent Directors on the Boards of Companies is to ensure that the operations of these entities are monitored by Independent experts because these Companies are running on the funds invested by the general public and the funds borrowed from the Financial Institutions and Banks. * If the really "Independent" persons are appointed on the Board of these Companies, which was the true intention and spirit of law, it would mean that there will be no misuse and diversion of public money and funds borrowed from the Banks and the Financial Institutions. *Companies Act, 2013 provides a negative list of persons who could...