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Economy

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As a former small business owner, I welcome the statement made by Hon’ble Prime Minister of India Mr Narendra Modi in Lok Sabha (Lower house of Indian Parliament) on the 10th February 2021. Irrespective of politics, Indians need to stop being hypocritic about #private sector. Let me add, #India needs a healthy public sector in strategic areas as well. It is not either-or, it is about the right mix and ensuring both are healthy. Highlight from the speech // Prime Minister Narendra Modi on Wednesday stressed on the private sector’s vital role in the economy and asserted that the culture…

The country (India) and the entire planet is going through once in a century crisis due to the pandemic. The citizens were looking forward to hope and solutions in the Union Budget presented by Hon’ble Finance Minister of India Mrs…

If #China has super-power ambitions, they need to “up” their #marketing & #PR efforts. Look at the #USA, here are 3 well-known examples: Every three years, the world news everywhere is dominated by #American Presidential elections for the following twelve…

This tax levy (burden) was invited by the tech industry themselves, through their super-smart tax planning (some may call it as evasion). Governments are forced to take actions to plug some of the holes and as an additional safeguard against BEPS (Base Erosion and Profit Shifting). I hate to admit it, but Governments are right here, they can’t simply watch as their revenue gets eroded with the economy shifting to digital. Among many of the ‘bad’ tax ideas, I suppose this 2% Additional Equalisation Levy appears to be okay. The application threshold set by India, of a turnover of Rs.2…