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Business/Economy |
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Govt may dilute GAAR proposals, target tax havens -
Vrishti Beniwal, Bus Std
The finance ministry may dilute some provisions of the proposed General Anti-Avoidance Rule (GAAR) to allay investors’ fears about excessive powers to the taxman under the regime. The rules may be worded in a manner that the onus to prove tax avoidance is also on the tax officials and not only on the taxpayer as proposed in the Budget. The ministry may also consider suggestions to include people other than income tax department officials in the approving panel, which will assess whether GAAR will be invoked or not.
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Where's the coal? -
Subir Gokarn, Business Standard
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Our Chinese menu keeps growing -
Nayanima Basu, Business Standard
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Big deal: Obama’s shale gas decision is a huge opportunity for India -
Seema Sirohi, FirstPost
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How India should reform its trade for the 21st century -
Jayanta Roy, Business Standard
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Revamp Indian Railways -
SN Mathur, NewIndianExpress
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Wonder why arms dealers thrive in India? -
Sruthijith K K, EconomicTimes
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Wonder why arms dealers thrive in India? -
Sruthijith KK, Economic Times
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Rating the ‘raters’ -
Ramnath Pradeep, Business Line
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Madhya Pradesh goes the Gujarat way for power -
Jyoti Mukul, Business Standard
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Crossholding in same telecom circle may go -
Surajeet Das Gupta & Aditi Phadnis, Business Standard
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The argumentative economists -
Mihir S Sharma, Business Standard
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How the Indian economy is losing competitiveness -
Niranjan Rajadhyaksha, Mint
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Private universities: Creating another entry barrier -
TV Mohandas Pai, FE
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Procurement plunge casts shadow over food Bill -
Sandip Das, Financial Express
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Drug pricing order hits few, helps many -
Financial Express
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After telecom licences and coal blocks, will bank licences be the next cash cow for the UPA? -
Mythili Bhusnurmath, Economic Times
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National Pension System subscribers earn double digit return in 2012-13 -
ET
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HSBC signals 14,000 job cuts in $3-bn savings plan -
Business Standard
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Empty malls reflect the hollowness of India story -
Ravi Teja Sharma & Vijaya Rathore, Economic Times
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Manufacturing: Getting to the 25% mark -
Nirvikar Singh, Financial Express
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Oil price collusion would be a Libor-scale scandal -
Kevin Allison, Business Standard
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Global firms bet on India's spending power -
Business Standard
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Perils of an ad hoc forex policy -
TB Kapali, Business Line
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Corus, Ranbaxy & the curse: Deals that happen in auction like atmosphere always go bad -
Brian Carvalho, Economic Times
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Dholera’s Rs70,000-crore cure for investment famine -
Sunil Jain, Financial Express
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Verbatim |
 There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar |
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Split with Nitish will only boost BJP in Bihar -
K Balakrishnan, LensOnNews
WITH THE BJP seemingly decided on projecting Narendra Modi as its PM candidate and its close ally Nitish Kumar of JD(U) equally firm in his opposition to the idea, a split in the NDA alliance looks inevitable; most observers think it’s not a question of if, but when. |
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