You my friend have been GAARed !!!

'Gaar' means cold in Marathi and that is precisely the condition of Vodafone in the current situation. For a change India and specifically Pranabda is taking a tough stance. Pranabda has the 'I am sexy and I know it' look in this scenario and we are loving it. Its like Pranabda says, 'Yoda ... err Voda .. I am your father' ohh wait .. it was Luke !! but you get the whole point anyways.

So what exactly is this GAAR. GAAR better known as General Anti Avoidance Rules aimed at deterring tax avoidance and would be implemented from April 1st next year. The finance bill said so. So this means Vodafone has to cough out close to 20k crore dollars. Apart from exercising the social norms of retaliation, they have their in their minds given up for sure. Then how would you explain giving the ZooZoos the pink slip and snipping old Tele Matches highlights with cheap commentary and exclaiming that these are the brand new adverts. Thats deifnitely called cost cutting.

So basically GAAR will authorize the tax authorities to proclaim a business arrangement 'impermissible' if they find that it has been done primarily to avoid taxes. Its like we know we hate Ravindra Jadeja but still certifying the reason after seeing him get out hit wicket in the very first match. Then once these arrangements are termed impermissible, then they will be denied tax benefits. More like if you are not 25 you cant 'legally' drink but that does not stop the Good Times to roll !!!

Analysts say that this will give the tax officers unparalleled powers and the likes of Yadavji and Pandeyji are set to increase their property in Patna. But there will definitely be some sort of supervision in our path to India Shining ... or more like India Auditing !!

But one big concern is the amount of FIIs coming into the country. The ill word spreads faster like two idle housewives of the Indian middle class househlods gossipping about the entire society in 5 mins flat. So UK to US, US to Germany, Germany to France and its a goal. Goal of not sending their money to India. But where do they go if not India. China has turned from Gary Coleman to Yao Ming in terms of growth and Pakistan & Bangladesh ... Bitch Please !!!

So after some mails, some telephone calls, some urgent faxes, and some delegates interchanged we have a settlement ... no not the Bangladeshi one near Dharavi ... this is a compromise of sorts. GAAR has been postponed for next year so that it allows government to frame clear cut rules after consultation with stakeholders. So then GAAR changes from being 'General Anti Avoidance Rules' to 'If GLOBE is AFFECTED, ADJUST according to REALITY'.