India’s defeat in the Cairn retrospective tax arbitration, after similar humiliation against Vodafone, underlines that the retrospective taxation amendment must go. Much energy, reputation, money and goodwill have been wasted on this self-inflicted atrocity. We hope the Modi government wouldn’t drag on. An economic power needs a predictable, smooth tax regime.
J&K poll results show people want development. Parties must not make them hostage to politics
J&K’s DDC poll outcome is a victory for all, no matter the numbers. People have sent out an unequivocal message: Development is their main concern and they’re hopeful about the future. The Centre and Kashmiri parties must focus on fulfilling their demands, not make them hostage to contentious political issues.