Article 27 of Indian constitution states
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Freedom as to payment of taxes for promotion of any particular religion No person shall be compelled to pay any taxes, the proceeds of which are specifically appropriated in payment of expenses for the promotion or maintenance of any particular religion or religions denomination.
Article 27 has its root in the article 26 but what it actually mean in reality is
The so called spiritual and religious institutions do have to pay taxes for the donation they get.
They dont have to declare their wealth annually.
They dont have to pay taxes for the business they do.
They dont have to have an audit and they dont have to disclose the results of the audit they have internally.
They dont come under the authority of CAG.
Since they dont disclose their balance sheet no body know what they do with all the money.
The super rich swamis or mutts are nothing but the reflections of this article which gives them the freedom of not answering to any authority when it comes to financial matters.
How justifies is it to give the so called religious institutions such superlative freedom. Here i am not questioning their integrity if some people get offended just by a few simple questions, but i am just pointing out the need for accountability. I am just asking why should there be no transparency. Once anybody gets this kind of freedom, they tend to loose their focus. not to mention money has that power to make men dance to its tunes.
I am not saying they are misusing their wealth, they may be doing a lot of social work in the form of school, hospitals old age homes etc butt here my point is they have to show their balance sheet after doing all the sacred work. I mean, if the get 100 rupees as a donation and they do some good work like building a temple out of, they have to give a total balance sheet of what percent f this 100 rupees did they spend and from where exactly did they get this 100 rupees and if they spend all of it how are they maintaining their administrative machinery. Not only do they get hefty donations they do fussiness worth crores but neither do they pay any tax nor do they give a quarterly financial report like all other companies who publish the quarterly financial report and send hem to their share holders. In the same way isnt it a moral obligation of these institutions to give the balance sheets to at least the donors, which includes every other person who put a coin into the box kept in front of every other temple, on other words every other person who visits a temple!!! the only difference between the donor and the share holder is that the donors dont expect year bonuses like the shareholders.
When it comes to donors, it is very important to know the source from where they get such kind of money to just give it away. these institutions have became like home grown tax havens like Switzerland. When the question comes from where these institutions get such mammoth amount of wealth they will just say donations but from where do these donors get such money when our country is not exactly filled with billionaires. Since these institutions are free from taxes they have become like the bank pvt banks who keep money for the rich 'donor' who want to just evade tax in the name of charity. And they dont mind give a piece of this wealth to the watch dog in the from of so called sacred religious institutions who have saved a major amount of their wealth from the tax dogs.
Since these institutions are tax free and are already billionaires why the govts are funding them. I am not saying they dont do any humanitarian work, if they are doing good work what is their problem in publicly declaring their assets and producing a quarterly financial report like all other companies do.
How fair is it to leave these billionaire institutions to go tax free while half of the country starves and when the whole country is full scams these so called religious and sacred institutions who are perceived to serving the people go with out a open audit.
Isn't there a need amend this article??
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Freedom as to payment of taxes for promotion of any particular religion No person shall be compelled to pay any taxes, the proceeds of which are specifically appropriated in payment of expenses for the promotion or maintenance of any particular religion or religions denomination.
Article 27 has its root in the article 26 but what it actually mean in reality is
The so called spiritual and religious institutions do have to pay taxes for the donation they get.
They dont have to declare their wealth annually.
They dont have to pay taxes for the business they do.
They dont have to have an audit and they dont have to disclose the results of the audit they have internally.
They dont come under the authority of CAG.
Since they dont disclose their balance sheet no body know what they do with all the money.
The super rich swamis or mutts are nothing but the reflections of this article which gives them the freedom of not answering to any authority when it comes to financial matters.
How justifies is it to give the so called religious institutions such superlative freedom. Here i am not questioning their integrity if some people get offended just by a few simple questions, but i am just pointing out the need for accountability. I am just asking why should there be no transparency. Once anybody gets this kind of freedom, they tend to loose their focus. not to mention money has that power to make men dance to its tunes.
I am not saying they are misusing their wealth, they may be doing a lot of social work in the form of school, hospitals old age homes etc butt here my point is they have to show their balance sheet after doing all the sacred work. I mean, if the get 100 rupees as a donation and they do some good work like building a temple out of, they have to give a total balance sheet of what percent f this 100 rupees did they spend and from where exactly did they get this 100 rupees and if they spend all of it how are they maintaining their administrative machinery. Not only do they get hefty donations they do fussiness worth crores but neither do they pay any tax nor do they give a quarterly financial report like all other companies who publish the quarterly financial report and send hem to their share holders. In the same way isnt it a moral obligation of these institutions to give the balance sheets to at least the donors, which includes every other person who put a coin into the box kept in front of every other temple, on other words every other person who visits a temple!!! the only difference between the donor and the share holder is that the donors dont expect year bonuses like the shareholders.
When it comes to donors, it is very important to know the source from where they get such kind of money to just give it away. these institutions have became like home grown tax havens like Switzerland. When the question comes from where these institutions get such mammoth amount of wealth they will just say donations but from where do these donors get such money when our country is not exactly filled with billionaires. Since these institutions are free from taxes they have become like the bank pvt banks who keep money for the rich 'donor' who want to just evade tax in the name of charity. And they dont mind give a piece of this wealth to the watch dog in the from of so called sacred religious institutions who have saved a major amount of their wealth from the tax dogs.
Since these institutions are tax free and are already billionaires why the govts are funding them. I am not saying they dont do any humanitarian work, if they are doing good work what is their problem in publicly declaring their assets and producing a quarterly financial report like all other companies do.
How fair is it to leave these billionaire institutions to go tax free while half of the country starves and when the whole country is full scams these so called religious and sacred institutions who are perceived to serving the people go with out a open audit.
Isn't there a need amend this article??
You need to do some more research to the topic. While the concerns are well placed there are not evidences to the claims to allegations mentioned in the article
ReplyDeleteGnsr
You need to do some more research to the topic. While the concerns are well placed there are not evidences to the claims to allegations mentioned in the article
ReplyDeleteGnsr