India's action is a significant step for compliance with international transparency standards on exchange of information
The high court, in its wisdom, felt that the administration violated the terms and conditions of an important treaty obligation
Data suggest that a tax rate increase for a few rich people puts little back into the economy compared to an across-the-board increase
The issue to look at is whether fall in SEZ investment can be addressed by partly restoring MAT and dividend distribution tax
But Mr Chidambaram could have done more to calm investors
FM has imposed an added responsibility on chartered accountants to report tax avoidance arrangements as an integral part of tax audit report
Flip-flop on GAAR, FIPB turning down FDI proposal for Trent-Massimo Dutti JV show problems are plenty in doing business in India
The FM could have been bolder, but this is still a forward-looking Budget