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About 6 results for "parthasarathi shome"

Flaws in India's GST defeats its purpose

Flaws in India's GST defeats its purpose

There is much work to be done to design a good GST, notes Parthasarathi Shome. In the last mile, many essential components of a robust goods and services tax India is rushing towards a so-termed GST replacing service tax and excises (or CENVAT) at the Centre and VAT and small consumption taxes of the states. In a decade-long process of replacement, major successes were occurring to meaningfully consolidate the nation’s domestic consumption tax structure. But in the last mile, many ..., 3 weeks ago
NDTV Profit

Taxpayer Services to be Improved Soon: CBDT

New Delhi : Taxpayer services will be improved to a great extent in coming days with CBDT announcing that recommendations of a government-appointed panel on reforms in tax administration will be implemented soon. Chairperson of Central Board of ...
 NDTV Profit1 week ago
Financial Express

Tax terror: With MAT call, has PM Narendra Modi kept his poll-time promise?

PM Narendra Modi 's Cabinet member, FM Arun Jaitley has appeared to be like any other finance minister in the past, who has been convinced by the Income-Tax Department that what it has been doing has been the correct course. (PTI) The ...
 Financial Express1 month ago Will no-MAT on FPI decision end tax terror?  MSN News US1 month ago

How impressive is the 2015 Land Acquisition Bill?

One cannot help ask why successive governments would try to push ahead with projects proffering disproportionate benefits to owners of land & labour and taxing away owners of small land parcels, notes Parthasarathi Shome.   "That is the question." And the answer is: little. We need to incorporate economic fundamentals in the legislation on land acquisition as advanced tend to go through this pain methodically. Thus, the embedded economics deserves to be illustrated. Figure 1 describes ...
 Rediff.com2 months ago
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