Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
A number of senior faces from the outgoing cabinet including Rajnath Singh, Nitin Gadkari, Nirmala Sitharaman, Ravi Shankar Prasad, Piyush Goyal, Narendra Singh Tomar and Prakash Javadekar are expected to figure in the new cabinet.
While there has been no commitment from the government on the procurement of vaccines, initial volumes, or distribution plans, there is a likelihood that the low interest loans may be made available to these players only when the time to scale up manufacturing arises.
States could then stop complaining about the Centre and fashion their own economic destinies, says T C A Srinivasa Raghavan.
Among the notable absentees were Congress president Rahul Gandhi, West Bengal chief minister and Trinamool Congress leader Mamata Banerjee, Bahujan Samaj Party supremo Mayawati, Samajwadi Party president Akhilesh Yadav, Dravida Munnetra Kazhagam's M K Stalin, Telugu Desam Party chief K Chandrashekhar Rao, Shiv Sena chief Uddhav Thackeray and Delhi chief minister and Aam Admi Party convenor Arvind Kejriwal.
'The AAP is likely to take root in some metropolises -- although it won't be easy to replicate the small-scale Delhi model with equal intensity or cadre-strength in a large state,' says Praful Bidwai.
Expect Modi to speak about internal security, terrorism, agriculture, the Triple Talaq Bill, the SC/ST Bill and, of course, the controversial NRC.
Sasikala's declaration of staying away from politics does not necessarily have to mean that she was retiring for good. She is only taking time to evaluate the post-poll chances of hers before digging in again, if possible, says N Sathiya Moorthy.
'India's relationship with China has been and will continue to be complex, delicate and sensitive,' says Rup Narayan Das.
Responding to a question on the issue of felling trees in Mumbai's Aarey forest, in which the Supreme Court has restrained authorities from cutting anymore trees, Javadekar told the reporters that he would not like to comment on a sub judice matter.
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The government is likely to file an appeal against the Cairn arbitration award contesting its sovereign rights to tax, sources said.
AIIMS doctors said the BJP stalwart and former external affairs minister died of a cardiac arrest.
The Union home ministry on May 13 had declared that these canteens will only sell indigenous or "swadeshi" products from June 1 in a bid to give fillip to domestic industries.
Reacting sharply to his appointment as a member of the Gujarat state Wakf Board by Chief Minister Narendra Modi, Congress leader Ahmed Patil said that he would not be able to take up the post.
The contemporary problem with the BJP in Tamil Nadu is that it has been trying hard to package the DMK especially as anti-god and anti-Hinduism, and seeking it to link to Periyar and M Karunanidhi, and by extension to Stalin, the latter's son and successor to the party mantle. Their hope was to consolidate the perceived 'pro-god, pro-religion votes', which they saw returning to the fold post-MGR, post-Jayalalithaa. But no such substantial vote-bank existed even in Periyar's time, says N Sathiya Moorthy.
'Instead of wailing about the absence of tax benefits, the private sector should press for an early implementation of the package of measures,' advises A K Bhattacharya.
By the looks of it, the Congress cannot hope to return to power even in election 2024. What it can do is to start from the bottom, hold organisational elections, which are honest, and co-opt those elected to form teams of office-bearers at all levels, right up to the working committee. By the very nature of the elections that they are going to lose, the party should use the interim to shore up youth power, or whatever remains, says N Sathiya Moorthy.
When it comes to the winning strike rate, Lalu Prasad Yadav's Rashtriya Janata Dal has emerged victorious on eight of every ten seats it contested while only one of the every three Bharatiya Janata Party candidates managed to win.
Students who have received admission to foreign universities are struggling with unexpected delays, additional living costs and scarcity of vaccine supplies.
Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall.
She had many firsts to her credit such as being the youngest cabinet minister in the Haryana government, first woman chief minister of Delhi and the first woman spokesperson for a national political party in the country.
Authorities faced double-barrel challenge -- strengthening its check and prevention mechanism, and addressing public panic, leading to hoarding of essential items.
The good, the bad and the not so impressive...
'If the government was serious about co-opting the corporate sector meaningfully in the fight against COVID-19, it could have specified activities beyond cheque-writing,' notes Kanika Datta.
Patel's closeness to the Gandhi family was undeniable. But unlike others, he resisted the temptation to use it to leverage personal business, says Aditi Phadnis.
No religion or God says that you have to visit pandals and temples and mosques to pray, Vardhan underlined.
The high-pitched election speeches skipped corporate issues, unlike during the assembly polls about four months ago.
A day after Prime Minister Narendra Modi reiterated that social distancing and staying indoors were the only ways to deal with the fast-spreading coronavirus, pictures and videos of people standing in circles and squares to buy essential items like groceries and milk in many states went viral.
'The people who were assigned the role to look after the affairs of the Congress in Maharashtra have failed.'
Manoj Sinha's greatest asset is his capacity to get on with everyone regardless of political affiliation, notes Aditi Phadnis.
Modi also pitched for a social movement to ensure the safety of women and girls.
Except Pakistan, seven SAARC countries are a part of the project.
BJP leaders in the state are either lying low or criticising the CAA move in hushed tones. Chandra Kumar Bose, vice-president of the BJP's state unit, is most vocal with his opposition to the Act in the current form. "The country is above petty party politics. How can I keep quiet when I see that something is happening which is wrong in its current form?" Other party leaders aren't as vocal as Bose but clandestinely have been questioning the merit of the CAA and its impact on the BJP's prospects in the state. In fact, at a time when the BJP started making deep inroads in the state, the fear of the CAA and the NRC appears to be ruining its prospects.
Asked for China's comments on India not joining the RCEP deal over concern of cheap Chinese products potentially harming its domestic industry, Chinese foreign ministry spokesman Geng Shuang told the media in Beijing on Tuesday that China welcomes India joining the deal.
There was a plan to increase the Railways' revenue by augmenting carrying capacity. This target has, however, become the source of a bitter battle between two ministries - the railways and steel - and provoked serious arguments over the "Make in India" programme.
Since Pakistan has 'opted out' of the project, it is now being called South Asian satellite.
Swaraj was admitted to All India Institutes of Medical Sciences (AIIMS) following a deterioration in her health. She passed away after suffering a cardiac arrest.
Condolences continued to pour in from world dignitaries for former external affairs minister Sushma Swaraj who breathed her last due to cardiac arrest on Tuesday night.
'Kangana thought some extra action scenes were needed and I concurred with her.' 'The film looks so much more spectacular with those war scenes.'
The suspense over the possible composition of the National Democratic Alliance cabinet seems to be nearing climax as sources informed that a list of names is being finalised to be sent to President Pranab Mukherjee on the sidelines of Narendra Modi's swearing-in ceremony.
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