DEC. 8, 2002
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Two Slab
Income Tax

The Kelkar panel, constituted to reform India's direct taxes, has reopened the tax debate-and at the individual level as well. Should we simplify the thicket of codifications that pass as tax laws? And why should tax calculations be so complicated as to necessitate tax lawyers? Should we move to a two-slab system? A report.


Dying Differentiation
This festive season has seen discount upon discount. Prices that seemed too low to go any lower have fallen further. Brands that prided themselves in price consistency (among the consistent values that constitute a brand) have abandoned their resistance. Whatever happened to good old brand differentiation?

More Net Specials
Business Today,  November 24, 2002
 
 
The Path To Moksha
 

The secret of being a successful leader is the ability of being constantly in the state of moksha. For the uninitiated, moksha according to contemporary thinkers is the most efficient state of mind. To be counted as a leader of substance, it is imperative that every action of the leader reflects the following five mantras:

Transparency: To be transparent, and to be seen as being so, in all his dealings is both a challenge and a necessity for the leader if he wants to earn and retain the respect of his team. A transparent leader, by the power of his convictions, will act as a beacon for his team.

  Going By The Book
 
  Don't Bill The Gates  
  Fair Streets Are Better Than Silver...  

Integrity: This is key to building a team that reflects all the core values of the organisation. Every leader should be an epitome of integrity. Integrity is the cornerstone of transparency.

Fair play: For a leader to get unequivocal support from his team, he needs to ensure fair play. Fair play is a characteristic of a top-notch leadership. Only a leader who employs fair play can be successful in building and retaining a strong pool of talent for his company.

Participatory style: History has taught us that a hands-on leader is what every team member desires and such a leader is more likely to have the loyalty of his team members.

Make every day count: This is the mantra every leader should live by. A leader should be a learner all his life and look forward to learning something new every day, even as he passes on the knowledge he has acquired. He must make every day count by making a difference.

Any leader can attain 'leadership moksha' by rigorously applying these five mantras to his everyday work and encouraging his team members to, in turn, do the same.

 

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