Both the government and the RBI are currently so focused on their respective targets that they are losing sight of the fact that some flexibility might actually be a good thing.
The tax officials will, of course, have a better understanding of what the revenue implications will be. But let them at least start thinking about expanding the definition.
India needs to figure out what kind of global player it wants to be while remaining uncompromising on its interests—hard-nosed and difficult, or cooperative and collaborative.
Income tax is such a steady and reliable revenue stream, and an increasingly vital one, that the government simply cannot afford to do anything that would curtail it.
PM Modi has sought to incentivise manufacturing in India through PLI schemes, but the components have come mainly from China, with Indian companies only engaged in assembling.
Oil prices are nearly 40% lower than they were in June 2022, when fuel prices were effectively frozen; yet, consumers have not benefited from this decrease.
In the context of the new emerging global order, India was required to reshape and nuance its foreign policy. It has done so, based on core national interests. Will the EU do the same?
Goa: Creators of the Paul John Indian Single Malt Whisky and Malhar India Craft Gin, John Distilleries registered yet another stellar showing at the...
Speaking at Pakistan Military Academy in Abbottabad’s Kakul, Field Marshal Munir said it is ‘disconcerting that Afghan soil is being used for terrorism in Pakistan’.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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