Business Standard

Chain reaction

Related News

How did the retrospective amendment and other intrusive changes in proposed in this year’s Budget come about? According to North Block insiders, the opposition uproar over black money provided Central Board of Direct Taxes officials a perfect reason to press for changes that give them unprecedented discretionary powers. The old reasoning that fear induces evaders to pay was set out before senior bureaucrats and the finance minister before the Budget — and the rest was easy since these senior officials and the finance minister also understood that resisting such suggestions could lay them open to doubt.

Read more on:   
|
|

Read More

Positive correlation

The importance of the monsoons for India’s economy is well documented. Given the global economic slowdown, the annual seasonal rains this year have ...

Recommended for you

Advertisements

Quick Links

Financial X-Ray Rss icon

HCL Tech's Dec show best in 16 quarters, 2014 RoE at 38%

Dollar revenue up 4% q-o-q, with a number of new big deals

JSW Steel: Soft demand, realisation take toll

Performance, lower than expected, needs to be looked at in the context of a challenging environment

Back to Top