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Vodafone transfer pricing decision: Why is Modi govt smoking the peace pipe with MNC lobby?

Jan 29, 2015

Vodafone transfer pricing decision: Why is Modi govt smoking the peace pipe with MNC lobby?

The government lacks the stomach for a good fight and the Indian government might just as well throw in the towel in its much touted fight against black money stashed away abroad by Indians. If it can chicken out in the fight against MNCs operating on its own turf, it would have much less inclination and resources to fight against the Swiss government on the Swiss governments turf. #Narendra Modi #Vodafone #Arvind Kejriwal #Transfer pricing #Tax
Modi govt's decision on Vodafone spells tax relief for Shell, Nokia and others

Jan 29, 2015

Modi govt's decision on Vodafone spells tax relief for Shell, Nokia and others

India's decision to drop a tax dispute with Vodafone Group is likely to mean relief for Royal Dutch Shell and others caught in similar, protracted battles, as the government tries to attract much-needed foreign investment. #Nokia #Vodafone #IBM #Government #Arun Jaitley #Tax #Modi
Modi walks the talk: Not appealing in Vodafone case is a landmark decision

Jan 29, 2015

Modi walks the talk: Not appealing in Vodafone case is a landmark decision

Only two days back had Modi promised the US investors that he will usher in a "a tax regime that is predictable and competitive". And he has taken a first major step towards it #Vodafone #Income Tax Department #Rs 3500 crore transfer pricing case #Bombay High Court order #Ravi Shanka Prasd
Budget 2015: Dear Jaitley, salaried class deserves exclusive tax benefits

Jan 28, 2015

Budget 2015: Dear Jaitley, salaried class deserves exclusive tax benefits

The income-tax law indeed is caught in a time warp especially for the salaried class #Arun Jaitley #Income tax #Exemption #Deduction #80C #budget 2015
Firms may have to undergo dual audits under GST; it is not a fair system

Jan 27, 2015

Firms may have to undergo dual audits under GST; it is not a fair system

Revenue neutral rate is not the rate at which GST will be implemented; it only gives a sense of what the revenue implications could be under various scenarios, says Kavita Rao of of the National Institute of Public Finance and Policy #GST #Tax reform #Kavita Rao #National Institute of Public Finance and Policy #NIPFP #revenue neutral rate

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BJP win lifts markets, but road to economic recovery may be long

Dec 10, 2013

BJP win lifts markets, but road to economic recovery may be long

The function of the markets is to believe what it wants to believe. A bear market factors in only the worst even if there are some signs of turning around. A bull market factors in the best, even if the signals are unsustainable. #Economy #Stock market #GDP #BJP #ToWhatEffect #Indian rupee #Lok Sabha elections #tax revenue
India Inc sees higher limits on tax-saving investments in Budget

Feb 20, 2013

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

Survey of 300 firms shows requirement of a less litigious tax regime is also key expectation #India Inc #Grant Thornton #tax-saving #Budget Expectations #Budget 2013 #Super tax