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.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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.