prosaicview

Category - Business

The Government’s Tax Disputes

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...

Monitor Those Vaccine Side Effects

Our system of tracking long term side effects and breakthrough infections leaves a lot to be desired The government has finally got around to admitting that some “potential thromboembolic events” – or formation of blood...

Allowing Foxes in the Hen House

The suggestion of the RBI Internal Working Group that corporations should be allowed to own banks is a bad idea It is a bit difficult to understand why the Internal Working Group (IWG) of the Reserve Bank of India bats...

The future of global manufacturing

Flexibility and de-risking are going to be more important than scale and cheap labour in the post Covid world The Coronavirus pandemic and China’s rising tensions with several countries are changing supply chains...

The Policy Problem in Manufacturing

India cannot become a manufacturing hub unless the union and state governments are on the same page. That is a difficult task but not impossible Elected leaders, in general, decide on policies with short term profit in...