From the category archives:

tax payers

Air-India

Making News as some say is an art. Air India seems to have earned a doctorate in making news albeit for all wrong reasons. The recent news that made it big and needed intervention from the government was the pilots going on Strike to protest pay cuts. The [...]

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Finance Friday: Watch out for the gifts you receive or Mr.Income Tax may haunt you

by Arun Prabhudesai
Paying-gift-tax

Before we even start on discussing lets just salute the brilliant folks manning the Indian Finance Ministry – They have pulled out another rabbit from the hat which will fill the government coffers in the form of taxes. Ironically, the Direct tax code introduced a while back was hugely applauded [...]

0 comments October 2, 2009 Continue Reading →

Here’s a quick look at earnings of Indian people.

by Arun Prabhudesai
Indian Rupees

The income levels of Indians have increased phenomenally over last few years and so is the standard of living. The economy is on the rise and India is coming out from being called a third world country to a developing country.

3 comments September 13, 2007 Continue Reading →

Biometric PAN cards: Is Mr. Chidambaram too ambitious ?

by Arun Prabhudesai

I am not saying that they will not be implemented soon, but after implementation to actual utilization may take a long long time. Think about just one issue: Every Govt. office will need a gadget to identify the BIOMETRIC PAN cards- not only Government offices, but every banker and Institution where PAN card is required. The other issue is that a person will have to travel to offices everytime for his identification. One will not be able to post his application like he does now. Now thats a real pain. There are host of other problems that need to be tackled and thought about. Can these issues be overcome in matter of months ?

1 comment July 17, 2007 Continue Reading →

Which is the most business friendly city in India ?

by Arun Prabhudesai

The report also compares business regulations in South Asia with 175 economies around the world. India, the region’s top reformer, implemented reforms to simplify business registration, cross-border trade, and payment of taxes, as well as to ease access to credit and strengthen investor protection. Although the reforms improved India’s ranking over last year’s, it still ranks relatively low at 134 and stands 41 places after China, which is reforming at a faster pace. The top-ranked countries in the region are the Maldives (53) and Pakistan (74), followed by Bangladesh (88), Sri Lanka (89), Nepal (100), India (134), Bhutan (138), and Afghanistan (162).

6 comments May 9, 2007 Continue Reading →
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