Articles
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RBI to release discussion paper to clear ambiguity over FDI, FII
The Reserve Bank will come out with a discussion paper within 15 days on redefining Foreign Direct Investment (FDI) and portfolio investment (FII) so as to remove ambiguities. #RBI #FDI #PolicyWatch #Taxation #FII #Research paper
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India wants a win-win, keen to stop misuse of DTAA with Mauritius
President Mukherjee has discussed with Mauritius Prime Minister Navinchandra Ramgoolam the issues pertaining to Double Taxation Avoidance Convention and the progress in the discussions of Joint Working Group #Pranab Mukherjee #Mauritius #PolicyWatch #Taxation #DTAA #Navinchandra Ramgoolam
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Singapore investors concerned about GAAR uncertainty
Investors in Singapore are concerned over the pending implementation of India's General Anti-Avoidance Rule (GAAR) and its impact on investments there, according to legal and tax executives. #NewsTracker #Taxation #foreign investors #Gaar
Blog posts
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Budget 2013: No room for tax hikes ties govt hands on revenue front
Taxes cannot be raised at a time when the economy is slowing down while it cannot be broadened as elections are due in 2014. #Numbers #GDP #fiscal deficit #Chidambaram #Taxation #Budget2013 #Union Budget 2013
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Attention TRAI: Make sure you get portability right
TRAI needs to make sure that customers who choose to port their numbers are not harassed by their old mobile phone operators. #Inflation #fiscal deficit #Growth #PMEAC #CrystalBall #Taxation #Budget 2012 #BudgetAnalysis
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It doesn't add up: Higher tax, higher oil prices - and higher growth?
The PM's Economic Advisory Council has projected 7.5-8 percent GDP growth next year despite calling for higher taxes and lower subsidies. How does this square up? #Inflation #fiscal deficit #Growth #PMEAC #CrystalBall #Taxation #Budget 2012 #BudgetAnalysis
Wire
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Bay Ridge JournalDeBlasio: City's Skrocketing Water Rates Stealth Taxation
According to New York City Public Advocate and Democratic mayoral candidate Bill de Blasio, the city's latest 5.6% water rate hike is a stealth tax increase. Revenues from the city's water system are being diverted into the city's general budget, said de #Michael Bloomberg
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Big Pond NewsLibs dismiss negative gearing reports
Liberal backbencher Alex Hawke says the coalition has no plans to alter existing negative gearing arrangements, saying a media report to the contrary is false. The West Australian newspaper on Tuesday said the coalition's promised review of the taxation #Alex Hawke #Tony Abbott #Liberal Party
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Food Ingredients & Food ScienceCould tax breaks for healthy food sales work better than food taxes?
Incentivising the sale of healthy foods at the supermarket checkout could be more effective than food taxation for improving food choices, suggests a letter published in the BMJ. In a letter to the editor, general practitioner and obesity researcher Dr I #