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Parthasarathi Shome

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The one thing Chidambaram is terrified of

P Chidambaramwatches my waddling progress from the gate of 19, Safdarjung Road in Delhi to his sitting room and asks how I had come. "On my scooter," I say, panting ever so slightly. "It's parked......

Modi's money talk: A tale of 3 Budgets

There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome. Illustrations: Uttam Ghosh/Rediff.com Union Budgets are forgotten......

Why foreign portfolio investors are a worried lot today

One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement. Foreign......

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 signals to foreign portfolio investors on Friday by......

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 transactions of at least Rs 50,000 to promote digital......

Why FIIs want short-term capital gains to be scrapped

FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai. Abolishing the tax on short-term capital gains may......

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