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Abhishek Sengupta (Senior Manager)     25 April 2013

Can taxes be increased to give relief to chitfund investors

West Bengal CM has announced that 10% taxes would be increased on Cigarettes in the state to raise a fund of INR 500 Crores to give relief to the cheated chitfund investors of SARADA Group. The matter is subjudice & why only on Cigarettes. Also that the investors had invested in a private firm with the sole intention of huge profits out of their greed. Why would ordinary citizens of the state pay extra taxes for cheating done by private companies. Can I/we protest legally on the same matter in the Honorable court. Recently there has already been more than 20% increase in taxes of the same product.Kindly Check the lates article---https://www.business-standard.com/article/economy-policy/bengal-raises-taxes-on-cigarettes-to-fund-relief-for-saradha-depositors-113042500018_1.html---Can I/We knock the doors of the judiciary asking for relief on the same.Please Respond.



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 2 Replies

madhu mittal (director)     20 June 2013

I agree with you.

Sudhir Kumar, Advocate (Advocate)     21 June 2013

you can file PIL


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