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About 15 results for "debashis"

How to fix India's flawed banking system

How to fix India's flawed banking system

What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu. Illustration: Dominic Xavier/ To the collective dismay of the public, there is one more bank scam, which, not surprisingly, involves a public sector bank -- Punjab National Bank. Nirav Modi, a flamboyant jeweller, and his uncle Mehul Choksi (a one-time favourite of foreign institutional investors) have allegedly pulled off a daring heist of over Rs 110 billion and run away ..., 3 weeks ago

2 images for "debashis"

Business Standard, 2 weeks ago
Business Standard, 2 months ago

Why Hasmukh Adhia is so wrong on LTCG tax

To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu. Illustration: Uttam Ghosh/ A few weeks ago I wrote that the question whether long-term capital gains (LTCG) from equities should be taxed needs to be based on principles of public finance well-articulated and publicly debated, not based on gut feel.   I forgot to add the various other ways taxation and tax rates are set in India: Moral opinions, ...
 Rediff.com1 month ago

Pix: What makes India so beautiful?

We bring you the best of India's photographs from readers. You can share your #India-Photos too! Debashis Ray shared this photograph of a Shiv temple in Sikkim. Pradeep Kataria framed the Golden Temple in Amritsar and its reflection in the water. Anurag Kushwaha posted this photograph from Pelling, Sikkim. 'Fifty shades of blue' Vishal Sharma captioned this photograph clicked at Periyar National Park in Kerala. Vishal also sent us this image of a tea estate in Munnar, ...
 Rediff.com1 month ago Best of 2017: Picture perfect postcards from India  Rediff.com2 months ago

The 3 major changes for savers and investors

The market players were expecting that if long-term gains are taxed, the STT would go. But this has not happened, says Debashis Basu. Illustration: Dominic Xavier/ Finance Minister Arun Jaitley has left savers and investors largely alone. There are three major areas of change in this year’s Budget for them: the first one is positive but only for senior citizens, one neutral and the third one will seem negative after a few months.   Senior citizens: There is a bunch of ...
 Rediff.com1 month ago

What does the nation get out of the CBI?

'What does the nation get out of the CBI's fabulous infrastructure? Very little that is useful,' says Aakar Patel. Photograph: Mansi Thapliyal/Reuters The Central Bureau of Investigation is our elite instrument against crime. Like America's Federal Bureau of Investigation, the CBI was formed to tackle something specific. The FBI initially was set up to go after Communism, the CBI was meant to take on corruption. So how effective is it actually? We hear of demand that the 'case be given to the ...
 Rediff.com1 week ago
Business Standard

Bijepur bypolls: Patnaik, Irani to hit campaign trail tomorrow

Chief Minister Naveen Patnaik and Union minister Smriti Irani are set to address public meetings in the Bijepur assembly constituency tomorrow, three days before the campaigning for the February 24 by-polls draws to a close. Patnaik will be holding a 6km ...
 Business Standard4 weeks ago

Web series on 1992 securities scam in the works

A web series based on the non-fiction book "The Scam" detailing the securities scam of 1992 is being developed by Applause Entertainment.The book is by Sucheta Dalal and Debashis Basu. The scam in the Indian stock market will be brought to the digital ...
 Prokerala1 month ago

Ten tourist sites to become “iconic” tourist destinations

City: Chennai The Union budget proposed developing of 10 tourist sites into “iconic” tourist destinations. As the budget did not mention which these cities are, there was lack of clarity as to whether they are already included in the PRASAD scheme of ...
 The Financial Chronicle1 month ago

Mr Modi, let's have same rules for ALL rich Indians

While the PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, he is silent on the fact that rich farmers too don’t pay taxes, since farm income is tax-free, a loophole exploited by many netas and babus, says Debashis Basu. Illustration: Uttam Ghosh/ Will the Union Budget impose a tax on long-term capital gains on shares? There is a lot of speculation on this now.   The prime minister has been hinting at it for ...
 Rediff.com1 month ago

Shakib Al Hasan ruled out of first Test against Sri Lanka

Dhaka, Jan 27 (IANS) Bangladesh all-rounder Shakib Al Hasan on Saturday was ruled out of the first Test against Sri Lanka starting on January 31. "The 30-year-old suffered an injury to his left little finger during the final of the Rocket Tri-Nation Series ...
 Sify1 month ago
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