Wednesday, December 7, 2022

Tax Regime Must Be Ready-To-Understand And Investment Friendly

Must Read

Covid And The Global Warming Fraud

Educated Indians fall for every fraud that comes out of the west. In the awe of the Colonials, everything...

COVID And The Economic Illiteracy Of The Educated Indians

The Indians who live in the Europe or North America retain their economic illiteracy all their lives in those...

The COVID Pandemic

1. Of the major countries at war in the WW II, the US and the UK lost the least...

Businesses need only objective laws, and their honest enforcement. The laws that need “interpretation” or which are applied at whims and fancies of those tasked to enforce them scare away businesses.

The man who puts his own money on line has to know the risks involved. If the risks are known and fixed, not subject to ever changing government policies, investments boom. Otherwise money simply flies out. If there are curbs on its outward movement, it simply gets parked in banks, etc.

Government’s move to put in place a simple and stable tax regime is the most welcome step. In fact there should be a War Room in Finance ministry which should track developments in investment industry, and be ready with a clear cut tax policy for each new product from this industry.

 

Read the detailed report here.

- Advertisement -
- Advertisement -

Latest News

Covid And The Global Warming Fraud

Educated Indians fall for every fraud that comes out of the west. In the awe of the Colonials, everything...
- Advertisement -

More Articles Like This

- Advertisement -