India’s Constitution empowers Parliament to make extra-territorial law (Article 245). Hence, in the Finance Bill placed before Parliament last week, provisions have been incorporated in several sections of the income-tax law to change the law. Shiva Kant Jha writes.
The finance minister has an unenviable task while presenting the budget this year, given the state of the economy, tax collections and budgetary deficit. Adding to his woes is the recent Vodafone ruling, generating debate on likely budget proposals for taxing indirect transfer of shares and anti-avoidance rules. Milin Thakore writes.
Last Saturday, at the 25th annual convention of the Meerut Management Association, I delivered a keynote address on how the economic future of India - and the world - is going to be in a state of constant turbulence,
Gautam Chikermane writes.
In recent times, a Canadian investment research firm named Veritas has injected a measure of excitement in the generally dull world of analysing Indian stocks. Investment researchers rarely said something different from each other, at least about large and seemingly well-understood companies. Dhirendra Kumar writes.
There are four things that finance minister Pranab Mukherjee must do in Budget 2012.
A FEW weeks ago, I had said that a well-designed netbook (Internet-oriented laptop) might make more sense as value-for-money compared to a tablet.
N Madhavan writes.
Spring is the season of hopes and aspirations. Traditionally, it is the time to rejoice after a good harvest and is also celebrated because of the festival of colours - Holi.
Radhika Viswanathan writes.
When Dinesh Trivedi begins his Railway Budget speech on March 14, he will do so in a difficult year - sky rocketing inflation rates and slowing economy. Most will hope that there is no fare hike announced.
Ajay Mittal writes.
Poor Dinesh Trivedi. The relatively saner face of Trinamool Congress is facing flak from his boss Mamata Banerjee for daring to take one tiny step towards initiating reforms in user charges,
Gautam Chikermane writes.
Upset about having to pay more post-budget for that dream car or air-conditioner that you were planning to buy? Well, don’t fret.
Last week, Encyclopaedia Britannica, a venerable byword for knowledge in its myriad dimensions, announced it would cease publication in print. N Madhavan writes.
Whether it is arrogance or incompetence, we'll never know. But a GDP growth for the quarter ended December 2011 at 6.1%, after touching 9%-plus only a few years ago, is something this government will find hard to brush away.
Do you collect the cash receipt whenever you make a purchase? And do you keep it safe for possible future use?
When will banks learn to take responsibility for their actions or inactions? When will they realise that they cannot make their customers pay for their mistakes?