What makes India an unusually exciting place to live in is the “apne pair pe apne kulhadi (axing your own feet)i” ingenuity of its politicians and bureaucrats. It would seem that policy makers around the world would welcome a gift which came with the following warning: if you follow this policy, there will be large employment creation, large tax revenues, and unlike the rest of the population, this particular source of tax revenue will have 100 percent compliance, and that the revenue would be obtained exclusively from the rich.