The United Progressive Alliance government has termed "pro-rich" and "anti-development" the BJP's prime ministerial candidate, Narendra Modi's promise to consider abolishing income tax if he was voted to power. A similar proposal was examined and ... The Hindu, 2 months ago
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India should reduce its debt within 5-6 years by putting fiscal policy on the right path, but "draconian changes" are not the answer, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said. "In the next five or six years, the objective should ...The Financial Chronicle, 2 months ago
The Chairman of the Economic Advisory Council to the Prime Minister, C Rangarajan, on Thursday hinted that deregulation of diesel might happen anytime soon. He also said the much-awaited Goods & Services Tax would be rolled out next financial year. “There is an attempt to reduce subsidies, but we need to do more,” Rangarajan said, while speaking on the sidelines of the Dr Raja J Chelliah Memorial Lecture here. “Whether some adjustment is required or not is the only ...Rediff.com, 2 months ago
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