The government’s scorecard on tax policy so far has certainly been good, but not bold enough to exorcise the spectres of the past. Amongst many poll promises of the NDA Government, the one on ending tax terrorism stood out. Such strong sentiment was hitherto never expressed by a political party against the perceived hostile environment … More Tax terrorism: phobia or reality?
The Finance Minister (FM), Mr Arun Jaitley, presented the highly anticipated Union Budget for 2015–16 on 28 February 2015, in what he described as a far more positive economic environment with India’s economy poised to take off on an improved growth trajectory. The proposals of the Finance Bill, 2015 (FB 2015) seek to propel the … More Fine prints of Budget 2015 : Financial services perspective
The new Government has been focusing on improving the business environment as well as economic growth and development. Hopefully, this will lead to “Acche Din” for Mergers and acquisitions. A more robust and transparent tax and regulatory environment is key to transformation in investor sentiment and appetite.