Taxes

By: Himadri Bhattacharya
Category: Common citizen, Governance, Taxes, Global, Union Budget, RBI, India politics, Indian economy
The dividend pay-out of Rs. 1,75,987 crore from the RBI to the government for 2018-19 follows a paradigm shift in the way RBI’s requirement of economic capital is viewed, calculated and supplied as also an accounting rule tweaking to ensure higher income from forex transactions. To understand the... read more
By: Devidas Tuljapurkar
Category: Common citizen, Sustainability, Taxes, Global, Union Budget, RBI, Jobs, India politics, Indian economy
Over the last several years, Public Sector Banks (PSBs) have been struggling hard to come to grips with mounting Non-Performing Assets (NPAs). Now, PSBs are struggling at the core of their business, which is credit offtake. On NPAs, the government claims that with the Insolvency & Bankruptcy... read more
By: Ajit Ranade
Category: Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy, GST
If many car factories find themselves running idle, or with surplus inventory it could be because there was over-investment in the sector. Owing to a rosy outlook and perhaps excessive exuberance a few years ago, many independent car companies decided to invest in new capacities, to take advantage... read more
By: Arun Maira
Category: Common citizen, Governance, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
The numbers are in and uncontested this time. The growth of the Indian economy, until recently celebrated as the world’s fastest, has slumped to only 5 per cent. Alarm bells ringing, the government’s fire-fighters are out. The government wants investors to invest more, to grow the economy to $5... read more
By: Ajit Ranade
Category: Common citizen, Governance, Health, Inequality, Philanthropy, Sustainability, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
India is possibly the only country in the world which mandates that a profit-making company spend two percent of its after-tax profits on “corporate social responsibility’ (CSR). This requirement came as part of the new company law of 2013, which replaced the fifty-seven-year-old company law of... read more
By: Arun Maira
Category: Common citizen, Governance, Sustainability, Taxes, China-India, Global, Union Budget, Jobs, India politics, Indian economy, Inclusive growth
India wants to grow its economy to US$ 5 trillion. People want jobs and their incomes to grow. India needs its industrial sector to grow to absorb the millions of people coming off agriculture as they will with productivity in the agricultural sector improving. India cannot rely only on its service... read more
By: Ranjit K Pattnaik
Category: Common citizen, Governance, Taxes, Global, Union Budget, RBI, India politics, Indian economy
The MPC has many reasons for which it has offered a rate cut. First, observed inflation and inflation outlook measured in terms of Consumer Price Index Combined (which means Rural and Urban combined, abbreviated as CPI-C) continues to remain benign and is projected to be within the target of an... read more
By: Himadri Bhattacharya
Category: Common citizen, Governance, Taxes, China-India, Global, RBI, India politics, Indian economy
That the Monetary Policy Committee will reduce the policy rate for a fourth time in a row was in no doubt. Most expected a cut by 25 basis points, although there were a few who hoped for a more aggressive decrease by 50 basis points. The actual outcome was a cut in the rate by 35 basis points, to 5... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
On July 11, World Population Day, a Union Minister expressed alarm, in a Tweet, over what he called the “population explosion” in the country, wanting all political parties to enact population control laws and annulling the voting rights of those having more than two children. Just a month earlier... read more
By: Aseem Shrivastava
Category: Common citizen, Governance, Health, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
A year when the country celebrates the Mahatma’s 150th birth anniversary offers us a timely opportunity to consider his criticisms of modernity and juxtapose them with those of the other towering figure of his generation, Tagore. Also, fittingly, we are just weeks short of Tagore’s 78th death... read more

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