North Block officials presented the revised discussion paper on the Direct Taxes Code (&ldquo;Code&rdquo;) to rush tabling a bill in the monsoon session of the Parliament. Changes proposed in the revised draft are very much in line with expectations and the reform agenda set out by the Finance Minister.

Tax reforms on track - DTC Bill calibrated!

Business Standard

The finance ministry is likely to retain the existing rates of 10 per cent, 20 per cent and 30 per cent on personal income tax while calibrating the tax slabs suggested in the draft Direct Taxes Code (DTC).

Change in personal I-T rates unlikely

The Revised Discussion Paper on Direct Taxes Code (DTC), released by the government for public debate on June 15 has thrown up certain new propositions, including the concept of Controlled Foreign Corporations (CFC) and the modification of the concept of corporate residence in India.

Regulations on controlled foreign corporations: Are we ready?

Choice and incentive are powerful, inter-connected drivers for economic decisions, big or small. The choice could be about something minor, like reading a book, having a drink, or net surfing for entertainment. It could be a major career decision. Or it could be something in-between, like planning a holiday destination. We always consciously or unconsciously weigh choices and consider both positive incentives and negative disincentives before making decisions.

DTC may cause serious selling in stock markets

An investment to the tune of Rs 1.5 lakh crore employing over 500,000 people with a staggering incremental growth rate of 127 per cent in exports in 2009-2010 over the previous year &mdash; the special economic zones (SEZs) have delivered well and their role as a growth catalyst in developing India cannot be overlooked.

Grandfathering SEZs: Has FM walked the talk?

Possessed of an active conscience, handed down to him by his father, N S Hegde followed him and quit the government because he was not allowed to work.

Newsmaker: N Santosh Hegde

The index of Industrial production (IIP) continued to grow at a healthy pace of 13.5% y-o-y in March 2010 and 10.4% y-o-y for FY10, as per CSO release. However, the numbers for the month of March were marginally below street estimates and in step with a moderating trend after peaking in December 2009 at 17.6%.

IIP: Strong growth but pace moderating

When P Chidambaram moved from the finance ministry to the home ministry in the wake of the 26/11 Mumbai terror attacks, his reputation preceded him &mdash; someone who knew the system and read his own files.

A performing home minister who has made a difference

One year on, a grand Congress balancing act is underway. Continuing to live at the mercy of whimsical allies, the Congress has failed to live up to its promise of aggressively pushing forward its agenda.

Balancing act: UPA-II walks the rope on state equations

Nothing much to boast about in terms of achievement, industry feels UPA-II could have done a lot better with the mandate it enjoys.

Fuel bomb ticking for govt on 3G lifebuoy

India Inc. is happy with UPA- II&rsquo;s first year in office, but feels it could have done more to push reforms given the mandate it enjoys. Yet, industry feels the government has done well to manage growth in a year of global turmoil and push key reforms, like the Women&rsquo;s Reservation Bill, Education Bill and the Unique Identification Project.

For India Inc, UPA-II scores 6/10

From being mere farmers to becoming farmer-entrepreneurs is the big transformation taking place in the lives of numerous farmers in northern states. This is happening under an initiative by the New Delhi-based Indian Agricultural Research Institute (IARI, or Pusa Institute) to involve farmers in the production of seeds of crop varieties developed by it. Grain-growers are being helped to take up the lucrative business of seed production under this programme.

Farmers becoming farmer-entrepreneurs

I am thankful to the Global Progressive Forum for inviting me to the &ldquo;first seminar of the Europeans for Financial Reform&rdquo;, and to be a panelist on &ldquo;Fighting for a Financial Transaction Tax &ndash; how and why?&rdquo; in Brussels.

Desirability and feasibility of Tobin Tax and beyond

Development of a world-class urban infrastructure is extremely crucial, as India is now poised to host big ticket international events. We expect the government to encourage/ support public-private partnership (PPP) in the key mega projects.

Budget Wishlist: Urban Infrastructure

India has to catch up with East Asian regional economic integration, says Sanjaya Baru.

Sanjaya Baru: It's time for a 'Look Further East Policy'

The 25th summit takes place at a time when confidence in the Indian growth story is intact.

India Eco Summit: The world queues up

An enduring partnership between CII and WEF has seen the annual meeting come a long way.

India Eco Summit: The Summit reaches a milestone

We use multiple channels to identify all Global Growth Companies, including the Indian ones. These channels include internal analysis of companies that assess their growth, size and leadership, as well as recommendations from existing members and companies that apply directly to the Forum.

India Eco Summit: Q&A with Jeremy Jurgens

Tarun Das, who stepped down as chief mentor of the Confederation of Indian Industry early this week, has been associated with the holding of the annual India Economic Summit since the launch of its first edition in 1985. Das reflects on the highs and lows of the Summit in an interview with A K Bhattacharya.

India Eco Summit: Q&A with Tarun Das

The GGC Community was formed to engage high-growth companies with the potential to be tomorrow&rsquo;s industry leaders and drive economic and social change.

18 of WEF's 'Global Growth Companies' are Indian

Sushant Palakurthi Rao, who heads the Forum's Asia team with responsibility for developing relationships with industry, government and institutions in Korea, South Asia, Southeast Asia and Japan; as well as responsibility for marketing of the Forum's regional events in East Asia and India, traces the quarter century of the Summit in an interview with Rajiv Shirali.

India Eco Summit: Q&A with Sushant Palakurthi Rao

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