Removing the retrospective tax, while a good step, is not enough to solve the tax disputes problem The retrospective tax provision that the late Pranab Mukherjee had introduced as a clause buried in the fine print...
Prosenjit DattaThe Prosaicview Podcast on the OECD/G20 Tax Proposal
In this episode of the Prosaicview Podcast, I discuss the OECD/G20 tax proposal that 130 countries have broadly agreed on with Mr Rohinton Sidhwa, Partner, Deloitte India. We discuss its implications for India, the...
Vodafone-Idea Case: Don’t Miss the Woods for the Trees
The troubles at Vi are huge. But they are actually just a symptom of the mess in the telecom industry which needs to be fixed. Vi – the Indian telecom giant formed by the merger of Vodafone India and the AV Birla...
The Prosaicview Podcast on Business Responsibility and Sustainability Reporting
In this episode of the Prosaicview Podcast, I talk with Dr Inderjeet Singh, Director – Financial Advisory, Deloitte India about the new Business Responsibility and Sustainability Reporting (BRSR) norms that the...
Why Petrol and Diesel Prices aren’t coming down
The government’s dependence on fuel tax revenues has grown as its other tax calculations have gone awry Despite the heat generated over petrol and diesel prices, the union government has been unwilling to reduce...
Low Savings, Rising Debt
The Reserve Bank of India’s latest statistics of household savings and debt paint a dismal picture How badly has Covid 19 hit Indian household finances? The Reserve Bank of India’s (RBI’s) household savings and...
The Prosaicview Podcast on Artificial Intelligence Implementation
In this episode of the Prosaicview Podcast, Mr Saurabh Kumar, Partner, Deloitte India discusses the typical problems that can crop up in AI implementation in companies and how to avoid the most common pitfalls
The Bad and the Good of too much currency in circulation
The currency in circulation has risen exponentially. What are the implications? The total currency in circulation in India is rising inexorably. By the end of the first week of May 2021, it had crossed Rs 29 lakh crore...