The plan could be announced in July, when Prime Minister Narendra Modi's government presents the first budget after BJP failed to win a majority on its own.
The social safety net for the Indian population is adequate, though improvements in health and education infrastructure are necessary and can be achieved through reallocating capital expenditure.
India's attractiveness as an investment destination is not based on its low tax rates. Give the super-rich basic amenities in return for the higher tax and they'll stay and pay.
The central tax revenues as a share of GDP have fallen. The Covid impact has worsened the situation. Now it’s time to raise rates on under-taxed forms of income and wealth.
To boost the startup ecosystem, Budget 2020 proposes to ease the burden of taxation on the employees by deferring the tax payment on ESOPs of startups.
Researchers have developed a diverse array of theories about why asset prices suddenly rise and crash. But there have been difficulties in identifying the cause.
The fall in GDP growth needs to be reversed before it becomes a sustained downward spiral. Sharp tax cuts can help, as can a move away from the tax raids policy.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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