Taxes

By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
This December 12 is the third death anniversary of Sharad Joshi, founder of the Shetkari Sanghatana, the farmers’ organisation. At a time when lakhs of farmers are marching into the capital, and agrarian distress is visible in many parts of the country, it is appropriate that we recollect the... read more
By: Ranjit K Pattnaik
Category: Governance, Taxes, Global, RBI, India politics, Indian economy
The RBI Governor Urjit Patel has reiterated before a Parliamentary panel the central bank’s well-known position that its reserves are "for periods of stress and not for meeting normal needs." A committee is set to go into the issue of an “economic capital framework” (ECF), or the reserves... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Inequality, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth, GST
In his own strident way, never giving an inch and always straining to milk dry the argument for his side, Finance Minister Arun Jaitley has summed up the frivolousness of the debate on GDP growth rates. The Minister wrote in his blog: “Data based on facts and on the best global practices is... read more
By: Ajit Ranade
Category: Common citizen, Inequality, Sustainability, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
The inflation reported for the month of October was 3.1 per cent, the lowest in the last one year. This was a big relief, because just one month ago, there were fears that international oil prices may spike up to a100 dollars a barrel. This was because of the impending sanctions against Iran, which... read more
By: Ranjit K Pattnaik, By: Jagdish Rattanani
Category: Common citizen, Governance, Taxes, Global, RBI, India politics, Indian economy
The crucial Nov.19 board meeting of the RBI, which threatened at one point to be an eyeball-to-eyeball confrontation, has passed without any fireworks and that in itself is some good news. At an institution like the RBI, it is never comfortable when the board confronts the Governor and the... read more
By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Taxes, China-India, Global, Jobs, India politics, Indian economy
The midterm elections in the United States are a significant barometer of the voters’ perception on the President’s performance. They occur exactly at the mid-point of the four-year term and hence are a useful input to predict the outcome of the presidential election coming up in the next two years...
By: Himadri Bhattacharya
Category: Common citizen, Governance, Sustainability, Taxes, Global, RBI, India politics, Indian economy
Over the last few years, there have been demands for the use of the RBI’s internal reserves for fiscal purposes, like recapitalisation of PSBs and higher dividend payments to the government. The previous RBI Governor was fairly dismissive of this idea. It appears that the present leadership of the... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Sustainability, Taxes, Global, RBI, India politics, Indian economy
There is merit in the argument that the Reserve Bank of India is not a free bird. An elected political leadership that is overbearing, even wayward, stands superior to a set of experts, including the highly accomplished economists who run the central bank. We therefore have Section 7 of the RBI Act... read more
By: Ranjit K Pattnaik
Category: Common citizen, Governance, Sustainability, Taxes, Global, RBI, India politics, Indian economy
As the RBI and the government prepare for a crucial meeting of the RBI board on November 19, the discussions have boiled down to one critical question, and it carries a Rs 3.6 lakh crore tag. This is the amount of money the government wants the RBI to transfer as dividend or surplus. The pressure... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, Global, Union Budget, Jobs, India politics, Indian economy, Inclusive growth
A global movement that focuses on human capital as a driver of change and growth for a new generation is a welcome move. It turns focus from physical infrastructure, a “here and now” issue and therefore more looked at, to human capital, which will yield dividends much later, and can help change... read more

Pages