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The big hits and misses from Modi's cabinet

Eighteen months into the National Democratic Alliance’s term, rumours about a ministerial reshuffle between the winter and budget sessions of Parliament are everywhere. I don’t buy it......

10 thoughts about India's economy for the coming year

Image: Dancers perform in Chandigarh. Photograph: Ajay Verma/Reuters   Parthasarathi Shome's take on  2016 through a looking glass A United Airlines BusinessFirst toilet bag brought in......

Flaws in India's GST defeats its purpose

There is much work to be done to design a good GST, notes Parthasarathi Shome. In the last mile, many essential components of a robust goods and services tax India is rushing towards a so-termed......

A Budget with sense and sensibility

The real challenge for the Budget lies in delivery, rues Parthasarathi Shome Reams have been written on the Union Budget extolling its proposals or damning them. As the discussion approaches an......

Customs dept needs major technological overhaul: Tax panel

The Tax Administration Reform Commission (TARC), headed by Parthasarathi Shome, has recommended that the Customs department shift its focus from traditional methods of processing trade documents to......

Move away from fixed tax targets: Shome

A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic......

PIX: Irrfan, Tillotama Shome attend Qissa screening

Check out the star arrivals.The cast of director Anup Singh's Indo-German film Qissa attended the screening of the film recently in Mumbai. Take a look:     Leading man Irrfan Khan poses......

Sunny Leone, Arvind Kejriwal, Konkona: Stars in Toronto

Of all the Indian films screened in Toronto, three stood out for Aseem Chhabra -- A Death in the Gunj, Mostly Sunny and An Insignificant Man. "There are so many films from India this year," my......

Box Office: Sonakshi's Akira flops

The hits and misses of the week. Heroine-oriented action films have few takers, and the promos of Sonakshi Sinha's Akira had more action than the film itself. Island City has been getting......

Box Office: A Flying Jatt gets an average opening

The hits and misses of the week. Superhero film A Flying Jatt saw an average opening at the box office. Trade analyst Vinod Mirani gives us the weekly box office verdict. A Flying......

Box Office: Happy Bhag Jayegi opens well

The hits and misses of the week. Happy Bhag Jayegi does very well, as its opening collections improve over the weekend, thanks to a good word-of-mouth.  The other release UnIndian opens to a......
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Reflections on the FY18 Union Budget

Has the age of 'post-truth' and 'alternative facts' arrived in India? ...

http://www.business-standard.com/article/opinion/parthasarathi-shome-reflections-on-the-fy18-union-budget-117021401392_1.html
Experts seek clarification from Jaitley in Budget

Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns. On December 21, the... ...

http://www.rediff.com/money/report/double-taxation-experts-seek-clarification-from-jaitley-in-budget/20170130.htm
Some tax treaties could be overridden by GAAR

GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore. The finance ministry sent positive... ...

http://www.rediff.com/money/report/some-tax-treaties-could-be-overridden-by-gaar/20170130.htm
FinMin addresses foreign portfolio investors' concerns on GAAR

Govt hasn't accepted all of Shome panel recommendations, leaving some grey areas ...

http://www.business-standard.com/article/economy-policy/finmin-addresses-foreign-portfolio-investors-concerns-on-gaar-117012701067_1.html
FinMin yet to take a call on 'tax on cash'

A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash... ...

http://www.rediff.com/money/report/cash-crunch-finmin-yet-to-take-a-call-on-tax-on-cash/20170126.htm

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Coming to India and making

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