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Chidambaram says he will introduce DTC in monsoon session

May 24, 2013

Finance Minister P Chidambaram said on Friday he would introduce a bill for a direct tax code (DTC) during the monsoon session of parliament. #Economy #P. Chidambaram #NewsTracker #Direct Tax Code
IPL spot fixing: I-T, ED will step in at appropriate time, says Chidambaram

May 23, 2013

"The Income Tax Department, the ED will step in at the appropriate stage. I don't know whether the stage has arrived or not," Chidambaram said while replying to query on IPL spot fixing scandal. #P. Chidambaram #TheySaidIt #Income Tax Department #IPL spot-fixing
Relief to traders: LBT likely to be delayed in Mumbai

May 23, 2013

The newly introduced Local Body Tax, which is being opposed by the traders across the state, would not be implemented soon, a senior Maharashtra minister said. #NewsTracker #Mumbai #Local Body Tax

Blog posts

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India Inc sees higher limits on tax-saving investments in Budget

Feb 20, 2013

Survey of 300 firms shows requirement of a less litigious tax regime is also key expectation #India Inc #Grant Thornton #Budget2013 #tax-saving #Budget Expectations #Super tax
RGESS or regress? Tax breaks wont help equity flows

Feb 11, 2013

Investors do not mind paying taxes as tax is paid on gains, unfortunately retail investors are nervous on whether they will see gains at all on equities given the current state of economic affairs. #WhyNow #retail investors #equity markets #RGESS #tax sops
Petro-fuels: The search for second-best solutions, or worse

May 28, 2012

The search for ways to defuse the petrol bomb is heading towards suboptimal solutions. #ThatsJustWrong #Petrol #IOC #Fuel tax

Wire

Tax Resolution University
Avoid IRS Tax Problems-Think Like a Tax Lawyer

2013-05-22 23:59:00

Tax evasion is not just a problem for the wealthy. It’s a widespread issue that costs the government and honest Americans much needed revenues. Small businesses and sole proprietors are the largest contributors to the $450 billion tax gap (the difference #Google Inc. #Apple, Inc. #Huffington Post
The News-Press
Editorial: Debate: On Apple and U.S. tax law

2013-05-25 05:42:00

Apparently it has come to the attention of certain U.S. senators that Apple Inc. has been abiding by the law and acting in its shareholders best interests. Members of the Permanent Subcommittee on Investigations excoriated the company this week for using #Apple, Inc. #Permanent Subcommittee on Investigations #General Electric
Southern California Public Radio
Proposed online sales tax not new to Californians

2013-05-24 13:04:00

Online toy business owner Leigh Smyth has passed on the online sales tax to her California customers after initially paying it herself. (Photo: Toy storage: Leigh Smyth's storage unit in Pasadena.) Internet toy-seller Leigh Smyth takes inventory at her P #California #eBay Inc. #Pasadena

Editor's picks

The Big Mac of sports: Why we love IPL and its scandals

The average IPL fan isn’t outraged by the spot-fixing scandal. It merely confirms what we already suspected about the junk food of sports.
Nine years of UPA: What makes Sonia Gandhi the real hero

Not burdened by the baggage of caste or dogma, Sonia Gandhi has the opportunity and capacity to make a real difference to Indian society.
Sex charge against Phaneesh Murthy may be settled out of court

If the three can’t thrash out an out of court settlement, the sexual harassment case is likely to result in long litigation in the full glare of the media.
Why Preity Zinta stands for all that is wrong with the IPL

Preity Zinta embodies a lot of what is wrong with the IPL – irresponsibility and compromising the dignity of cricket as a sport.

Money, sleaze take the sheen off imperious Chennai Super Kings

Given the huge legal, moral and ethical stakes, Srinvasan and Meiyappan should have voluntarily clarified their position and should have offered to face an investigation.
How the Woolwich terror attack will harm Britain's Muslim community more

For Muslims in Britain, there comes one thing after another to get defensive about, and at quite short intervals. The Muslim community will be cornered into paying a price for the brutality of these two killers.
Explainer: Why Sensex has fallen over 300 points today

Chidambaram ‘s soothsaying may not work when the markets are driven largely by foreign institutional investors (FIIs)
PM carrying out responsibility with great dignity, says Sonia

Rejecting the talk about two power centres and differences between them, UPA Chairperson Sonia Gandhi today said there is “collective leadership” between her and Manmohan Singh and “we all stand by” the Prime Minister who will complete his term.

Why India is concerned about supplying arms to Afghanistan

From across the Hindu Kush, a plea for Indian help. Hamid Karzai wants New Delhi to provide artillery and military transport aircraft. It won’t cost India much—but New Delhi is worried about upsetting Pakistan, and wary of making commitments before it becomes clear which way the political wind is blowing in Kabul.
Sreesanth and IPL spot fixing: Why history makes it so hard to believe the police

With the glut of information regarding the IPL spot fixing scandal and the three cricketers how much of it can we really trust?
Phaneesh Murthy admits to relationship with employee

This is the second time the IT industry veteran has been involved in a sex scandal.
Despite BJP edge over Cong, both NDA and UPA are conjectures

Opinion polls show the BJP and the NDA ahead of the Congress and UPA. But it is the regional parties that are likely to make the biggest gains. NDA and UPA are post-poll creatures

Not just niceties, China and India need to focus on thorny issues

India’s discourse with China has traditionally been trapped in the Mao-ist maze that defines how “friends” ought to conduct themselves. But Chinese statecraft has evolved, and India too must up its diplomatic game.
Why the Indian media gives a damn about poverty

In that sense the poverty line of India is cruel. It is merciless and doesn’t allow the majority of Indians any money for shelter or access to education or healthcare or sanitation or anything else that civilised nations would consider as essential as food.
Goa meet: Will the BJP finally find a way out of its troubles?

Can the party resolve internal discord and take a call on Modi’s PM candidature?
Why Dhoni, Tendulkar can't distance themselves from spot fixing

Try following a game on twitter or with friends or at the ground. At every step of the way, the spot-fixing question raises itself.

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

If you forget the politics and just look at the film, The Reluctant Fundamentalist doesn’t fare much better. It’s a thriller that lacks tension and suspense.
Here's how the Delhi Police stumbled upon spot-fixing in IPL

After monitoring a phone call, the investigation had virtually turned pan-India with some of the bookies based in Gujarat and Mumbai.
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

The great American dream is an integral part of America. It’s ‘great’ in that it symbolises not truth, but hope when the truth is disillusioning; it symbolises not facts, but ideals when facts are unnerving; it symbolises not likelihood, but promise when likelihood is all but bleak.

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

We’re tracking the Google I/O conference 2013 live – what will be unveiled?
Hero worshipped in Kerala, Sreesanth still innocent in his state

The summary of the response in his Sreesanth’s home turf is that of incredulity. They are unwilling to believe that the pacer is guilty.
Why return of Dreamliners won't change Air India's fortunes

The original promise of the Dreamliner has failed to materiallise due to limitations in its flying range. Will Air India continue to pay a price for this?
Did Indira abolish bonded labour or Sonia? NREGA's tall claims

The UPA ads eulogising MGNREGA as a a huge success needs to be taken with bags of salt. The scheme did make a difference, but not as is claimed.