vijay mallya cartoon

Super Rich to pay more taxes – Budget 2013-14

While the ‘Aam Aadmi’ seem to have been spared by the Union Finance Ministry,F.M. P Chidambaram, has put the burden of charging 10 percent extra levy from 42,800 Super-Rich Indians(individuals and corporate) who earn more than 1 crore per annum. While some refer this budget as the ‘Robin hood Budget’ many claim the budget was prepared …

Super Rich to pay more taxes – Budget 2013-14 Read More »

Vijay Mallya says he cannot be pressurized by Flight cancellations !

Kingfisher Airlines had 19 flights cancelled following protest strikes by pilots and engineers of the airline and today it entered its second day. No staff reported for work since yesterday to protest the non-payment of salaries.Mr Vijay Mallya, the chairman of Kingfisher Airlines declared that such strikes and cancellations of flights will not put him …

Vijay Mallya says he cannot be pressurized by Flight cancellations ! Read More »

Aviation Ministry asks Vijay Mallya to pay dues in order to continue flying!

  Kingfisher Airlines with a total debt of Rs 7,000 crore (approx) and accumulated losses of about Rs 6,000 crores,has reduced dozens of flights.It is yet to pay salary of staff  hired and to add on to the worries,Civil Aviation Minister, Ajit Singh, has warned Chairman Vijay Mallya to pay his dues in order to …

Aviation Ministry asks Vijay Mallya to pay dues in order to continue flying! Read More »