Central Govt is scrambling to create another disaster with the proposed amendment to IT ACT's provisions regarding resident status. The move, revealed in the Finance bill presented along with the Budget, will adversely impact the hard-working Indians in the Middle East.
Their remittance have helped this country wade through difficult times. We record our strong disagreement with the move in the Finance Bill, brought in under the guise of checking tax abuse, but in reality is going to hurt those who toil and bring foreign exchange to the country.
Once again, with a "masterstroke", the many will be punished for the sins of a few crooks. Like demonetization and GST; the crooked will find their way, and the working lives of decent Indians will be destroyed. The Central Govt should desist from going ahead with this amendment.
