The inconsistency in the execution of the appeal mechanism as contemplated in the statute needs to be set right at the earliest, both at the Centre and the state level
The Code is not a remedy for creditors to pursue their individual rights; it is a symbiotic mechanism for all stakeholders
India is already enjoying the reputation of being the first country to impose Equalisation levy
The new tax code should aim at widening the tax base with bold actions
An important event which will be keenly watched is the first reporting compliance trigger
A slew of proposals have got unprecedented attention in this Budget
Finance Minister Chidambaram, true to his desire to periodically make a reformist announcement, surprised all last week by calling for a press interview with announcements on General Anti-Avoidance Rules (GAAR) that were legislated in the 2012 ...