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Questions nobody asks of the India Budget exercise on computation of taxable income of individuals
July 20, 2024, 2:41 PM IST
The Finance Minister Ms Nirmala Seetharaman will stand in Parliament, morning of July 23, ’24 for delivering the Union Budget for the year 2024-25. There is a lot of interest focused on this Budget because…
July 20, 2024, 2:41 PM IST
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The Indian Income Tax Act – need for indexation
July 5, 2024, 2:40 PM IST
The Indian Income Tax Act is a legislation that nobody likes or respects. It must be the most hated and disliked financial legislation in the world. The reasons for that are many: Selective applicability —…
July 5, 2024, 2:40 PM IST
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Proceeding towards competitive federalism on economic and financial matters.
June 27, 2024, 3:53 PM IST
The Indian Constitution has split the areas of India Governance and government work management into 3 parts: The Central list; The State list; The Concurrent list. The State List is fairly expansive and some of…
June 27, 2024, 3:53 PM IST
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Strong personalized leadership versus consensual leadership
June 14, 2024, 5:03 PM IST
The Indian General Elections 2024 are over and the results are out. As we know the ruling NDA retained power at the Centre but the BJP as a political party was weakened with them heading…
June 14, 2024, 5:03 PM IST
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Capital versus Labour – ‘Risk taking’ is the differentiator for returns
May 21, 2024, 3:58 PM IST
There is no doubt that in the emerging New World Order, the traditional fight between Capital and Labour will become even more acute and the power of Labour will continue to decline while the power…
May 21, 2024, 3:58 PM IST
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Corporate audit and audit firms consolidation
May 7, 2024, 4:27 PM IST
One of the issues that is being confronted all over the World is that of the Big 4 Audit Firms (Deloitte, KPMG, EY, PWC) controlling a disproportionate number of large corporate audits. There is concern…
May 7, 2024, 4:27 PM IST
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The potential & problems for increasing India’s GDP growth %
April 23, 2024, 1:58 PM IST
The Indian election circus has come to town! Every circus brings with it some Jokers and some star performers in various acts. The Indian elections 2024 have finally drawn attention to an important economic indicator…
April 23, 2024, 1:58 PM IST
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Are unit linked pension products sold by insurance companies beneficial to individuals?
April 5, 2024, 2:44 PM IST
Many life insurance companies have a Unit Linked Pension policy portfolio. You contribute a certain amount as a premium over a defined period of time when the policy term comes to an end. At the…
April 5, 2024, 2:44 PM IST
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India population – Negative impact of projected population numbers reduction in next few decades
March 26, 2024, 4:14 PM IST
The last few weeks have seen news articles that while India is currently holding the top rank for largest numbers of population for a country, there are areas of concern. Within the course of a…
March 26, 2024, 4:14 PM IST
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Positive impact of raising the exempt income slab limit and single rate of income tax for individuals
March 18, 2024, 9:37 AM IST
We are aware that the Income Tax Act as currently applicable to individual tax payers is unfair and non-equitable in the sense that it excludes agriculture income from income tax payment and no efforts are…
March 18, 2024, 9:37 AM IST
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Are individual Mediclaim (Hospitalisation) insurance policies really beneficial to the Policy Holder?
March 8, 2024, 4:42 PM IST
My mind goes back several years, when under the Income Tax Head of Salary Income, reimbursement of medical expenses upto some amount say Rs 20,000 per annum (against medical bills) was Income tax free. The…
March 8, 2024, 4:42 PM IST
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Central government public sector companies
March 1, 2024, 4:00 PM IST
Three Budget Revenue streams that the Central Government could optimize for the objective of increased spendings on defence, social welfare activities, infrastructure creation and space exploration are: A more equitable Income Tax Law such that…
March 1, 2024, 4:00 PM IST
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Why India corporate ownership culture does not change!
February 15, 2024, 1:07 PM IST
There is data available which suggests that very high proportion of corporate private sector business output in India is controlled by Owner / Promoter families. This could be one of the largest percentages in the…
February 15, 2024, 1:07 PM IST
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Income tax law applicability in India to individuals – Regressive and unjust
February 6, 2024, 11:30 AM IST
We are aware that the Finance Minister read her Budget Speech and presented the Budget papers in Parliament on February 1, 2024. It was an Interim Budget with no major Financial initiatives or new…
February 6, 2024, 11:30 AM IST
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Why comparisons can distort!
January 30, 2024, 3:09 PM IST
One of the very frequently used statements in international financial circles when it comes to India is that the average Indian family income is less than USD 5 per day and India has not lifted…
January 30, 2024, 3:09 PM IST
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Inflation – friend of the rich, enemy of the lower income earners!
January 19, 2024, 6:08 PM IST
If there is one indicator of economic activity, which all national governments want to play around with, it is the indicator of national inflation. In various ways, multiplicity of data will be presented – to…
January 19, 2024, 6:08 PM IST
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Arresting meaningless financial tax litigation by public sector units
January 11, 2024, 3:58 PM IST
It is no public secret that India Courts are choked with pending cases and many of these cases are of a financial nature involving tax interpretations and tax demands between the taxing authority and the…
January 11, 2024, 3:58 PM IST
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Why dark clouds loom over World & Indian economy!!!
January 3, 2024, 2:50 PM IST
Most news coverage on India seems to be very positive on prospects for the Calendar Year 2024 / India Accounting Year 2024/25. Similarly, everybody is very happy that the World Economy did not tip into…
January 3, 2024, 2:50 PM IST
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Fighting a ratings war!!!
December 26, 2023, 2:58 PM IST
It is a well known fact that India Financial Bureaucracy (including Finance Ministry and PMO Office of Economic Affairs) have been fighting a raging battle that India’s country rating needs to improve and rise some…
December 26, 2023, 2:58 PM IST
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Preparing human resources for Business efficiency purposes
December 7, 2023, 3:22 PM IST
A common refrain heard across most businesses is that Indian students when they come out of Academia and enter Industry / Services are not Ready for the Job Positions that are available. Evidently, there is…
December 7, 2023, 3:22 PM IST
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