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Cabinet reshuffle likely soon

The much-awaited Cabinet reshuffle may take place soon if things go as per schedule, according to a senior official of the prime minister's office Talking on Friday evening, the......

Tax Torture And Taxtortion

The tax department will remain a source of endless nightmares for citizens and 'transparent taxation' will remain an empty slogan and a cruel joke, observes Debashis Basu. Illustration: Uttam......

Will taxpayer's charter help bridge trust deficit?

India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers. Illustration:......

Modi will have to handle expectations of diverse groups

Politicians involved in policymaking believe that since India is a poor country, taxpayers are a tiny privileged lot from whom every penny needs to be mercilessly extracted by hook or by crook,......

US may get a leash on Indian financial institutions

The three-year-old US law seeks to improve tax compliance involving foreign financial assets and offshore accounts. Imagine this: Having moved to the US on a work visa, you have become a taxpayer......

FBT: Employees to be taxed on perks?

The jettisoning of the Fringe Benefit Tax opens a can of. . . questions mainly, says Ameet N Patel. The finance minister has finally listened to India Inc and has abolished the fringe benefit tax......
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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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