It suggests to the Indian mind that there are individuals who are pursuing wealth for the sake of wealth; and in the process, throwing in names of two sons of politicians.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Congratulations, for making me your fan dear author. I salute you! And I have to say I am becoming a fan of the Print.
I couldn’t agree more with you. Almost 100 percent of India’s listed companies on BSE and NSE have investments from foreign holdings. Almost ALL our FDI comes from Mauritius, Singapore, and the Virgin Islands. Almost ALL big media companies have investments from foreign holdings, be it NDTV, ZEE, Times or other recent small groups. Tax avoidance is not criminal, tax evasion is. My impression is that Indian express has been conflating the two and confusing its readers to get more visits. Indian Express didn’t even bother to put the DISCLAIMER that ICIJ.org put on its website that these transactions could be genuine. As a reader, I was left scratching my head as there was nothing of substance. Where was the criminality? Are Jayant Sinha, Sachin Pilot guilty of something? Or this is just plain old Punjab Kesri: “Kya Kuein mein Chudail hai” story?
Paradise Papers has brought a lot of classified information about offshore entities into the public domain. If someone who is named – 714 from India – has done nothing shameful, it is a simple matter to put out a press release, explaining the nature of the investment / relationship and how this is duly reflected in audited accounts and tax filings.
Congratulations, for making me your fan dear author. I salute you! And I have to say I am becoming a fan of the Print.
I couldn’t agree more with you. Almost 100 percent of India’s listed companies on BSE and NSE have investments from foreign holdings. Almost ALL our FDI comes from Mauritius, Singapore, and the Virgin Islands. Almost ALL big media companies have investments from foreign holdings, be it NDTV, ZEE, Times or other recent small groups. Tax avoidance is not criminal, tax evasion is. My impression is that Indian express has been conflating the two and confusing its readers to get more visits. Indian Express didn’t even bother to put the DISCLAIMER that ICIJ.org put on its website that these transactions could be genuine. As a reader, I was left scratching my head as there was nothing of substance. Where was the criminality? Are Jayant Sinha, Sachin Pilot guilty of something? Or this is just plain old Punjab Kesri: “Kya Kuein mein Chudail hai” story?
Paradise Papers has brought a lot of classified information about offshore entities into the public domain. If someone who is named – 714 from India – has done nothing shameful, it is a simple matter to put out a press release, explaining the nature of the investment / relationship and how this is duly reflected in audited accounts and tax filings.