Weighing the pros and cons in the final analysis is not easy
After a year, electronic invoices and litigation remain challenges
It was a massive effort whose success depended on officers
Is global reaction to the OECD's base erosion and profit shifting actions drifting?
Views that they will destroy the global economy are erroneous
The Direct Tax Code must address eight principles of taxation
In a country like India, a tax on wealth is imperative for equity
The final draft - say DTC14 - had cleared all ministries but was not taken to Cabinet
India's gross domestic product or GDP growth rate in 2016 stood slightly above China's though, in 2017, this will likely get reversed
Imperfections, risks and benefits of using them
India continues to be weighed down by its disputes
Immediate impact aside, will it increase use of non-cash transactions?
A revolution in strategy is needed for the New India
Reducing vulnerability and restoring infrastructure remain challenges
The proposed tax structure passes on efficiency and stabilisation but fails on equity consideration