It is time for more proactive thinking on tax policy, which can no longer be guided only by the limited objective of revenue maximisation or hawkish enforcement to meet steep internal targets.
100% FDI will now be allowed in manufacturing of satellite components without need for govt approval. Up to 49% will be allowed automatically in launch vehicles and spaceports.
India has opposed international negotiations on e-commerce on grounds of how it impacts our domestic digital economy. But we might need to revisit this stance.
New FDI rules mean that an American company can invest in India without placing its proposal before the government but a Chinese company can’t do the same.
China has labelled as discriminatory India’s new FDI policy that mandates firms from ‘border-sharing nations’ to seek govt approval before making investments.
Press note by Department for Promotion of Industry and Internal Trade says move is aimed at curbing opportunistic takeovers/acquisitions of Indian companies due to Covid-19 pandemic.
Cabinet Committee on Investment and Growth, headed by Modi, also discussed plans of revisiting RERA norms & scaling up investment in sectors such as agriculture & infrastructure.
The Central Trade Union and their affiliates have called for a nationwide general strike on 8 January to protest against some of the government's 'anti-people' policies.
The Congress said the BJP govt’s move to relax sourcing rules and permit online sale in single-brand retail would go against Start-up India and Make in India.
If elections happen in Bangladesh next year with the Awami League’s participation, there is every possibility of a sudden surprise around the bend. One can only hope it would not be bloody.
Naidu’s summit brings in MoUs on same scale as Jagan’s, but CM says his plans built on speed, certainty & investor trust, with escrow accounts, simplified incentives & real-time oversight.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
Socialist India is an expert in overtaxing Indians, FDIs, breaking our backs and also that of camels’. Socialist roads break our vehicles, too. Death to socialism. Long live Libertarian party of India.
Socialist India is an expert in overtaxing Indians, FDIs, breaking our backs and also that of camels’. Socialist roads break our vehicles, too. Death to socialism. Long live Libertarian party of India.