I think it is high time the government of India took some action. This whole thing is becoming regular enough that its normality should be acknowledged by having a ministry in the government which would frame proper regulation and oversee the industry. I propose that they frame the right tax codes. People would like to know what the tax rate is for income arising from rewards earned from murdering people?
For instance, how much should the income tax be on the earning of US$ 11.5 million that Mr. Muhammad Yaqoob Qureshi, minister of state for Haj and Minorities Welfare in the Uttar Pradesh government promised in February 2006 he will pay to the murderer(s) for the murder of the Danish cartoonists?
The question that the UPA government needs to urgently address is how much should the income tax be on these sorts of earnings. I would also like to know if I can write off my contributions to the collections that Mr Singh proposes to pay for the murders as a charitable contribution and thus gain some tax relief.
Inquiring minds would like to know.