Rexit and Brexit
These two words are taking rounds in the financial markets these days , and all are enjoying its thrill .
Frankly it is Rexit that is more relevant for us in India. Raghuram Rajan has done a very good job, as almost all of us will agree.The unnecessary controversy that surrounded his decision is rather shameful . This is no way we can attract good talents from outside the political and Bureaucratic circles . I am sure wiser counsel will prevail in finding his replacement and the decision wi...
Start Up India.. Whats So New About It ? What More is Needed ?
What I feel is that there does exist a good bit of confusion about who exactly is a Start Up.
Simply put, any newly started business is a start up. As far as way of doing business, and the complexities of business is concerned, a start up is on the same grounds as that is there for any other new ventures.
But in order to encourage budding entrepreneurs the Government and certain organisations are offering certain free bees , training ,incentives, concessions and even financial suppo...
EPF Roll Back /Budget 2016.Buying peace at a high cost
The roll back of the provisions of EPF Taxability , is a step much appreciated by one and all affected tax payers and tax experts.
But if we look at the reasons behind introducing this provisions, one would realise that it was anaborted attempt to plug a huge loophole.
The wealthy salaried employees were contributing the maximum amount possible under the rules , which is 12% of their slalries, without any cap.
All that was required to be done was to put a maximum limit of 150,000 on e...
Lessons From A Union Budget !
A Union Budget in India is one of the most debated Subject. It is so healthy to note that the attention of the intellectuals is , at least temporarily, diverted to some issues faced by the nation . We need more and more of such debates and interactions with those who govern us .
No matter how strongly we criticize the Governments, it remains a fact that year after year, they do come out with the budgets where in the Actual performance is also compared with the originally budgeted and revise...
Expect A Booster Budget 2016
I wonder why we all should be worried about Budget 2016 ?
What Options do the FM has ? He has to come out with renewed promises, smartly use the words Development, Investor friendly, Agriculture, Rural Development, Health, Empowerment, Rurban, NAREGA ( perhaps a new name might be suggested ), Education etc . Than present a statistically consistent and correct numbers for the allocations to each sector. Reveal some further details that are absolutely necessary, like Fiscal Deficit, Revenue tar...
