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 ...

Quick Links

Financial X-Ray Rss icon

FIIs sell cement, metals stocks in Sept quarter

Hindalco, Shree Cement remain in demand as FIIs continue to buy these two stocks

Just Dial's margins to remain capped

Investments in new products and international foray to keep margins in check; growth prospects are strong

Back to Top