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Taxing
Times
The phase-out of central sales tax is yet
another move towards ushering in the national goods and services
tax (GST). The compensation to the states, in lieu of CST phase-out,
will include revenue proceeds from 33 services currently being
taxed by the Centre as well as 44 new services of an intra-state
nature that will be traded by the states. However, VAT is the
way forward, though much needs to be done to iron out the anomalies
in the current VAT regime.
More Web Exclusives
More
Net Specials
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India,
Ahoy!
Indian investments overseas are growing and
how. For instance, total Indian investment in Latin America and
the Caribbean has topped $3 billion (Rs 13,500 crore) so far.
The latest investment is by ONGC Videsh, which acquired an oilfield
in Colombia for $425 million (Rs 1,912.5 crore). Earlier, ONGC
bought an offshore oilfield in Brazil for $410 million (Rs 1,845
crore).
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Japan
Calling
This is the age of Asian dominance, and fittingly,
two Asian giants, India and Japan, are embracing each other for
mutual advantage. The recent visit of Prime Minister Manmohan Singh
to Japan has highlighted the fact that Japan is now, more than ever,
eager to enhance and upgrade commercial ties with India. An analysis
of the trade basket. |
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Inclusive
Growth
To achieve a 10 per cent growth rate, and sustain
that over time, the Eleventh Five Year Plan will emphasise investments
in agriculture. Agricultural GDP has been growing (limping?) along
at 2 per cent since 1996. A new strategy, including one for a second
Green Revolution, is urgently needed to take India to the next level
of development. An analysis. |
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15
YEARS AFTER THE GREAT INDIAN MIDDLE CLASS |
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The Market
Makers
How India's middle class of 300 million
became not just one of the largest markets, but a global phenomenon.
more...
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Column:
Arvind Singhal
The Liberalised Generation:
A Different Consumer
more...
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15
YEARS AFTER INDIA'S POOR |
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Life In The Other India
No doubt, reforms have benefited millions of
educated and urban Indians. But equally surely, they've left a
vast majority untouched and miserable. more...
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Column:
Abhijit Banerjee
The Social Sector Scam: Schooling for Failure
more... |
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THE
NEXT 15 YEARS |
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Hunting
For Mushrooms In India
How sustainable is
India's growth, how different will the economy look by 2020 and
what will be the new drivers of its growth? Nathan Associates,
a US-based economic consulting firm, crystal-gazes exclusively
for BT.
more...
Column: Adil Zainulbhai
A Vision for India
in 2020: Freer, Better, Bigger.
more...
Will
It Trickle Down?
Even as middle class
India is thriving, burgeoning and obsessively consuming in copious
quantities,
roughly 35 per cent of the population gets by with under Rs 45
a day, and another
45 per cent lives on Rs 45-90.
more...
Column:
Azim H. Premji
We Don't Need No
Status Quo in Education.
more...
Are
Indians Really Empowered?
India is a democracy
by the people, for the people and of the people only in name.
A fragmented polity and a sclerotic political class mean that
real governance
doesn't exist for Indians. But there's cause for optimism.
more...
Column:
N.R. Narayana Murthy
How to Make Democracy
Deliver in India.
more...
Going,
Going… Gone Global
In the next 15 years,
India Inc. will be a name to reckon with all over the world-and
many more foreign transnational giants will have bought their
way into a still piping-hot
domestic market.
more...
Column:
K.M. Birla
Dare to Dream Big
and Do It; The World is Yours.
more...
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