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Budget 2015: Chidu is wrong to claim corporates are main gainers

Mar 01, 2015

Budget 2015: Chidu is wrong to claim corporates are main gainers

Budget 2015-16 is good for corporates not by being too generous to them, but by bringing policy clarity and continuing on the path of making business easier to do. P Chidambaram is wrong to claim corporates are major gainers from tax cuts. #Economy #P. Chidambaram #Arun Jaitley #budget 2015 #Corporate Tax Cut #Surcharge on IT #Revenue Foregone
Kolkata Tax cuts for painting homes in Didi's favourite colours

Jun 11, 2014

Kolkata Tax cuts for painting homes in Didi's favourite colours

The Kolkata Municipal Corporation's tax waiver for people painting their houses in West Bengal Chief Minister Mamata Banerjee's favourite blue and white colours has raised the hackles of the opposition. #Mamata Banerjee #Congress #NewsTracker #Kolkata #OnlyInIndia #Opposition #TMC #Tax cuts #Left
China on 'fiscal cliff' deal: US kicking can towards 'fiscal abyss'

Jan 03, 2013

China on 'fiscal cliff' deal: US kicking can towards 'fiscal abyss'

The last-minute US deal over tax increases has fixed one problem, but the world's largest economy must get to grips with a budget deficit that threatens not a "fiscal cliff" but a "fiscal abyss", China's Xinhua news agency said on Wednesday. #China #Barack Obama #NewsTracker #Tax cuts #US fiscal cliff
It's a last minute save: 'Fiscal cliff' avoided, compromise reached

Jan 01, 2013

It's a last minute save: 'Fiscal cliff' avoided, compromise reached

President Barack Obama and Congressional Republicans pulled a rabbit out of a hat and sealed a budget deal to avoid steep tax rises and spending cuts. #Economy #US #NewsTracker #Tax cuts #"Fiscal Cliff"
US Senate leaders to make last-minute 'fiscal cliff' effort

Dec 31, 2012

US Senate leaders to make last-minute 'fiscal cliff' effort

US lawmakers pushed the country to the edge of the "fiscal cliff" on Sunday as they struggled to reach a last-minute deal that could protect the world's largest economy from a politically induced recession. #Barack Obama #NewsTracker #Tax cuts #"Fiscal Cliff"
US fiscal cliff talks turn awry, Obama threatens veto

Dec 20, 2012

US fiscal cliff talks turn awry, Obama threatens veto

The conflict over the stalled "fiscal cliff" talks grew more heated on Wednesday and threatened to become even more so Thursday when the action is expected to shift for the first time to the floor of the US House of Representatives. #Barack Obama #ToWhatEffect #Republicans #Tax cuts #US fiscal cliff
Fiscal plan: Obama ready to compromise but insists on tax hike for rich

Nov 10, 2012

Fiscal plan: Obama ready to compromise but insists on tax hike for rich

Tax cuts for people of all incomes enacted under President George W. Bush are due to expire in January and Obama said he was willing to extend them for those making less than $250,000 immediately but not for those making more. #United States #Obama #Republicans #Mitt Romney #Tax cuts #"Fiscal Cliff"
Budget 2012 Tax hikes are practically inevitable

Mar 06, 2012

Budget 2012 Tax hikes are practically inevitable

Given the ballooning fiscal deficit, it looks almost inevitable that taxes will be raised to boost government revenues in the new financial year. Tax hikes, however, carry the risk of slowing economic growth even further. #Goods and Services Tax #Tax #Taxation #Tax cut #Budget 2012
Budget 2012 should avoid sector-specific tax cuts: IMF

Feb 10, 2012

Budget 2012 should avoid sector-specific tax cuts: IMF

Capital spending should also be a priority as removing road blocks to facilitate infrastructure is important, said Laura Papi, division chief - Asia and Pacific department of the International Monetary Fund. #Inflation #Finance #Public finance #ExpertView #Tax cut #Budget2012