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Tax panel seeks major changes to reassessment rules
The I-T officer can go back up to six years to scrutinise the books of accounts of the assessees. Illustration: Dominic Xavier/Rediff.com The government-constituted task force for re-writing the......
'Unless we get 15% exports growth, 8-9% GDP will be difficult'
'I think that the hope of making the Indian economy globally competitive, especially under conditions when the exchange rate is losing competitiveness and against an international environment of......
Modi must focus on 3 factors to sustain 8% GDP growth
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says FICCI president Rashesh Shah. As we enter into FY2019, the upturn in the......
Decades-old provisions of I-T Act will soon be replaced
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country. Illustration: Uttam Ghosh/Rediff.com......
'Make in India' not by protecting but by eliminating negative protectionism
In part four of a series, Arbind Modi & Arvind Subramanian explain how scrapping the exemptions for the countervailing duty will eliminate the negative protection facing Indian manufacturers.......
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