Firms accused of evading tax on sale of `light energy'

News from October 10th, 2006. The guv'mint thinks that optical fibres ...er... help in the sale of light energy. And "(t)he Commercial Tax Department has estimated a loss of Rs. 1,200 crore to the State exchequer". I don't know whether to laugh or cry.

A comment on slashdot really captures it all for me:

Like India REALLY needs more government interference and disincentive to investment. ... Good news for
all those US and European workers worried about losing their jobs to
offshoring! India is shooting themselves in the foot.

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