What is new
Kalpakkam fast breeder reactor braces for start-up amidst bureaucratic maze
- Published on 01 January 2014
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Bureaucratic rigmarole has cast its shadow over the country’s Prototype Fast Breeder Reactor (PFBR) of 500 MW rating, which is at an advanced stage of construction at Kalpakkam in Tamil Nadu.DS group story
- Published on 30 December 2013
Govt checkmates DS Group’s cigarettes gambit; set to curb fag imports 
DS group, a trend-setter in the fast moving consumer goods (FMCG) sector, has a picture of chess board on its website with catchline 'winning moves across the board'. It might well now have to add 'cigarettes manufacture' as a disclaimer to its winning streak. The Group's proposal to manufacture cigarettes in Assam has been stonewalled by all the concerned ministries in the Indian Government.
UPA in sunset mode; unemployment rises
- Published on 30 December 2013
Doctor, why have you not lived up to your word on jobs? DECEMBER 27, 2013 (Published by taxindiaonline.com) 
WITH the UPA trapped in the sunset mode, the Prime Minister Dr. Manmohan Singh has the last opportunity to reflect on reasons for his Government's growing unpopularity among the masses. A sincere analysis might perhaps motivate him to make a brave attempt to regain the trust that public reposed him in 2004 and 2009 polls. A major factor for UPA's downslide that PM must dissect is its lip-service to the need for creating jobs in manufacturing and service sectors and preventing lay-offs. The failure on this count is primarily due to Government's obsession with dole-outs or welfare approach as reflected in the food security bill and Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS). The debacle of the Congress, UPA's core, in the recent State Assembly polls has confirmed that votes cannot be won with charity.
India faces acid test on BEPS after G20 declaration
- Published on 18 December 2013
INDIA would have to subject itself to an acid test on countering Base erosion and profit shifting (BEPS) over the next two years after having committed to an action plan on this count as a G20 country. It is easy to sign a declaration at an international event. It is, however, difficult for India to unwind tax incentives without risking reduction in inflow of fresh foreign investments and flight of existing portfolio investments. This explains why India has been making half-hearted efforts since 1995 to convince Mauritius to amend the bilateral Double Taxation Avoidance Convention (DTAC).