Best of BS Opinion: Gaps in tax reform, mapping recovery, and more

Here are the best of Business Standard's opinion pieces for Monday

The bankruptcy process has been plagued by poor recoveries and long delays with public sector banks sustaining huge write-downs. But it’s a new symptom of an old problem, Debashis Basu suggests. “The fact is the massive bad loans are due to deep corruption and the nexus between bankers, businessmen, and politicians in PSBs. It is the same corruption in PSBs which is now allowing the IBC to be gamed.” Read his analysis of the troubled IBC process here

In other views:

Ajit Balakrishnan wonders whether the deepening institutional acceptance of Work from Home will bring far-reaching social change as well. Read it here

The top edit explains why the new global tax agreement, to which India has signed on, may need to be scrutinised and negotiated carefully so that investment-attracting incentive mechanisms and alternative tax rates are not ruled out. Read it here