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.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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.