All those who are out of the tax net

India is the only large economy with an income tax exemption threshold that is 2.5 times the average national per capita income...

The $2 Trillion Survey

The chairman of the $20 billion Mahindra Group, Anand Mahindra, was exuberant in his praise for the then Reserve Bank of India (RBI) Governor Raghuram Rajan’s first ever interest rate cut on January...

The Half-Truth of Prudent Private Sector Bank Lending

The previous “Noise to Signal” column titled The Silent Role of Credit Ratings in India’s Bad Loan Crisis highlighted ratings to all the corporates that indulged in heavy borrowing during the years...

Holiday ends for Mauritius

Ajit Ranade Praveen Chakravarty June 04, 2016 India signed a tax treaty with Mauritius in 1983 that gave Mauritius the...

Arun Jaitley’s ‘Pigouvian’ trick

Perhaps unknowingly, finance minister Arun Jaitley doffed his hat to British economist Arthur Pigou during his budget speech...

Start-up Policy: A Flipped Cart

Splurging taxpayer funds in venture capital to boost start-ups is illogical and a travesty of the 'minimum government' promise...

Public Sector Start-Ups?

That is, one could either lose every rupee invested or gain multiples of it. One of the recipients of our money was a venture-capital fund that also counts Iconiq Capital as a co-investor...

The start-up policy rush

The aim of creating fertile talent grounds for disruptive innovation is a lofty goal that is not easy to accomplish...

Perils of excessive speculation

The speculative character of the equity markets breeds distrust among potential first-time investors...