Stamp paper scam

Sir, — Reports on the stamp paper scam indicate that the main accused, Kareem Lala Telgi, was connected with the underworld. In addition to bureaucrats, politicians of various States are also involved. The Maharashtra Governor, Mohammed Fazal, has asked the Chief Minister, Sushil Kumar Shinde, to consider a CBI probe. With elections round the corner, the Government seems to be reluctant. But since public money is involved, a CBI probe is needed.

B.S. Ganesh,


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Sir, — L.K. Advani has hinted that the forces of destabilisation, including a neighbouring country, are suspected to be involved in the scam. If it is only a suspicion, it is not proper for such a high dignitary to voice it openly. Seeing a foreign hand in everything is not a wise thing to do. The scam, no doubt, is one of the worst in recent times. The Government should take vigilant measures to prevent rackets in fake currencies and stamp papers as they hit at the roots of the economy.

V.S. Venkatavaradan,

Salem, T.N.

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Sir, — The scam is threatening to become the biggest ever. High stamp duty results in the generation of black money as people, in order to avoid it or to pay lesser stamp duty, do not disclose the true value of transactions.

Many family disputes, involving immoveable assets, remain unresolved. Such provisions are absurd and must be rectified by suitable amendments in the Stamp Duty Act. In fact, stamp duty should be abolished at least on family transactions. There are enough number of taxes to cover State and Central Revenue.

Mahesh Kapasi,

New Delhi