Advertisement
experts take

Experts Take

Vijay Bharech(L), deputy manager and Tapati Ghose(R), partner at Deloitte Haskins & Sells LLP.
Updated : Aug 14, 2014

How amendments made in personal taxes reflects fiscal prudence

Accepting the challenge of maintaining the fiscal deficit at 4.1% for the financial year 2014-15, a budgetary framework has been cast - amendments made on the personal tax front reflect the overall objective of fiscal prudence.

Updated : Jul 11, 2014

Budget 2014:Defence industry needs more action from govt

The government has increased the limit from 26 per cent to 49 per cent under the government approval with continuity of control in Indian hands.

Tapati Ghose
Updated : Jul 10, 2014

Budget 2014 focuses on five Ts

It's a budget that focuses on the 5 Ts - Talent Tradition, Tourism, Trade and Technology - a term coined by the Prime Minster, Narendra Modi, to build Brand India : Sab ka saath, sab ka vikas and a vibrant and strong India.

Updated : Jul 10, 2014

Union Budget 2014: Govt should transfer social scheme funds to states, says Asim Dasgupta

Asim Dasgupta, finance minister of West Bengal in the Left Front government, from 1987 to 2011 says centrally sponsored schemes on state subjects should be transferred to states along with the funds.

(Photo: Reuters)
Updated : Jul 9, 2014

Budget 2014: Govt should amend transfer pricing rules, make it easier for IT/ITES companies to do business

While the industry has created a strong focus on sustaining growth, there are a number of Transfer Pricing issues that have created hurdles in doing business for companies, increasing litigation and uncertainty.

(Photo: Reuters)
Updated : Jul 7, 2014

Six areas Arun Jaitley's Budget 2014 must focus on

Business Today spoke to Vidyut Gulati, Partner, Amarchand Mangaldas, on steps she expects Finance Minister Arun Jaitley to take in the Budget.

(Picture for representation only)
Updated : Jul 2, 2014

Union Budget 2014: Govt should remove regulatory disparities to encourage SEZs

KPMG says with regard to Special Economic Zones (SEZ), a couple of regulatory disparities may be observed in regard to: provision of Service by an SEZ unit to a unit in Domestic Tariff Area and setting up of a Disaster Recovery Centre or Business Continuity Plan Centre.

Investors anticipate the government to provide a roadmap for fiscal consolidation that is realistic and sensitive to the needs of economy, writes Satya Poddar.
Updated : Jul 1, 2014

Budget 2014-15: Govt should fulfill hopes of realistic reforms, says Satya Poddar

The most pressing issue before the Finance Minister is the revival of investments and the economy.

Updated : Jun 28, 2014

Budget 2014: Under EPC contract, AOP shouldn't share tax burden, says KPMG

Vikram Doshi, Partner - Tax, KPMG in India says explicit and clear tax laws on this issue would act as an impetus for the foreign investors who have the necessary expertise and technology to participate and execute large EPC contracts in India.

Updated : Jun 27, 2014

2014-15 Budget should provide infra sector boost, says KPMG

Expecting Budget 2014 to be in vibrant 'Modi style', India awaits with bated breath. However, with the not-so-populist railway budget, there could be uncertainty about its favourableness.

Finance minister Arun Jaitley.
Updated : Jun 26, 2014

Budget 2014-2015: PE players pin high hopes from FM

The PE industry is, therefore, hopeful that with the new government in place, Budget 2014 will introduce proposals that usher in an era of certainty for the investing community.

Updated : Jun 26, 2014

Budget 2014-15: Bring clarity on indirect tax laws, says KPMG

A stable tax regime has a substantial role to play in economic growth. Indirect taxes are a major contributor to the tax revenue. People are expecting that certain tough measures may be announced in the tax proposals of Budget 2014/15.

(Photo for representation only. Source: AP)
Updated : Jun 26, 2014

Seven ways the finance minister can ease salaried taxpayers' burden

The clear majority enjoyed by the new government has made the common man look up to the upcoming Budget in July with greater expectation.

The recent amendments to the indirect-tax laws have further added to the already unresolved challenges faced by the IT industry.
Updated : Jun 25, 2014

Budget 2014-15: Simplify indirect tax regime to help make IT industry globally competitive, says KPMG

The recent amendments to the indirect-tax laws have further added to the already unresolved challenges faced by the IT industry.

Earlier this year, the government had reduced the excise duty rates on capital goods, white goods, automobiles, etc. to revive demand in these sectors.
Updated : Jun 25, 2014

Budget 2014-15: Govt must rationalise indirect tax regime to revive manufacturing, says KPMG

The need for fiscal consolidation and the general perception that the duty cut had little impact on reviving growth could tempt the finance minister to roll back the concession.

Updated : Jun 23, 2014

Budget 2014: FM should maintain status quo on excise duty for auto sector

The auto sector has placed high hopes on the new government to revive the economy, by taking decisions to implement tax reforms such as the Goods and Services Tax and policies that boost investment inflows and infrastructure development.

GE Healthcare employees work in their research and development facility in Bangalore. (PHOTO: Reuters)
Updated : Jun 23, 2014

Budget 2014: Govt should extend incentive to boost R&D activity in India

R&D spend is an indicator of competitiveness of a country's economy and many countries have set a target of investing one per cent of their GDP on R&D.

(Photo: Associated Press)
Updated : Jun 23, 2014

Budget 2014: Five ways the govt can bring a smile on taxpayer's face

The Acchhe Din Lanewali Sarkar must be aiming at bringing out some big-ticket changes in this Budget that would bring a feel-good feeling to industry without disturbing the deficit calculations of the finance minister.