India has to move fast to break into global supply chains; rich country goal feasible: Jagdish Bhagwati
The influential American economist of Indian origin said it was possible for India to have a long period of strong growth and become a developed economy, while many developed nations are vulnerable to geopolitical turmoil. “We will definitely make it. In contrast, many of the developed economies are not sound at all, as they are […]
Govt seeks public comments for income tax law revamp
NEW DELHI: The govt-appointed committee to rework the Income Tax Act has sought public inputs and suggestions in four categories for simplification of language, steps to reduce litigation, ease compliance requirements, and identification of redundant or obsolete provisions, clearly indicating the direction in which it is working.In her budget speech finance minister Nirmala Sitharaman had […]