Reforms won't be easy or painless!

'Let us also not expect that there will be a clean break with the past much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable.......

Manmohan vs Modi Debate: India Is The Loser

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan.But the real loser is the nation, India and Bharat, notes Arvind Subramanian,......

At election time, cash is king

'Votes-for-notes no longer only means cash and goodies for fence-sitting voters,' points out Sunil Sethi. Illustration: Uttam Ghosh/Rediff.com Money talks. By that definition campaign politics of......

Govt to introduce 16 bills, but election results likely to cast shadow on winter session

The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday. The government plans to introduce 16 bills......

Measures to check tax disputes in next Budget

The finance ministry plans to allay investor fear on tax uncertainty in India. The idea is to introduce in the next Budget a number of safeguards for preventing disputes with taxpayers. A panel......

Highlights of the Budget 2013-14

Following are some of the key highlights of the Union Budget 2013-14 presented by Finance Minister P Chidambaram in Parliament on Thursday. TAX PROPOSALS Clarity in tax laws, a stable tax regime,......

How the government plans to simplify the tax system

Ahead of the Budget 2016-17, Finance Minister Arun Jaitley on Monday said the government is looking into the recommendations of Parthasarathi Shome committee for simplifying tax administration.......

Don't use retro amendment of tax laws to raise revenue: Shome

Amid long-pending dispute between the UK-based telecom giant Vodafone and the tax authorities in India, Finance Minister's advisor Parthasarathi Shome on Wednesday said the government should not......