Agriculture Distress – Challenges and Remedies…

The distress being faced by agriculture sector has become a part of the mainstream agenda and rightly so. Despite supporting almost half of India’s population, rural economy remains in dire state and policy initiatives have failed to provide any breakthrough. The report published by Swaminathan Committee more than ten years ago remains the most comprehensive … Continue reading Agriculture Distress – Challenges and Remedies…
.

Wealth Inequality – Is There A Way Out??

While media continues celebrate wealth and growing number of millionaires, the income disparity across the world is getting worse. As per the Oxfam report released earlier this week, an astonishing 82% of total wealth created last year was cornered by the top 1% while the bottom half saw no increase at all. The increase, over $760 bn, was seven times what is needed to bring about 15% of the world’s population out of poverty. Here is a look at some more details from the report. Continue reading Wealth Inequality – Is There A Way Out??

Highways Construction – Regaining the Momentum…

Construction of national highways seems to have made a comeback as per the performance details for 2018 released by the ministry recently. The sector had lost way sometime back when several companies failed to execute and surrendered their projects. The crisis even led to bankruptcy of some of the construction companies and several others referred … Continue reading Highways Construction – Regaining the Momentum…
.

Corporate Analysis – Oil & Natural Gas Corporation (ONGC)

ONGC (Oil and Natural Gas Corporation Ltd) acquired government’s majority stake in Hindustan Petroleum Corporation Ltd (HPCL) last year. The company, with consolidated revenue of Rs 3.6 lakh crore and assets of Rs 4.6 lakh crore in FY18, seems to have moved away from its original objective of oil exploration and production. Whether the diversification … Continue reading Corporate Analysis – Oil & Natural Gas Corporation (ONGC)
.

Revisiting GST – Journey So Far. (Part II)

Tax on under construction property is another case similar to restaurants. While the tax rate here is 12%, effective outgo would be lower as builder should pass on the tax credit received on input material. However, the builders have not passed on the benefit and therefore, the buyers prefer buying resale properties which does not … Continue reading Revisiting GST – Journey So Far. (Part II)
To access this post, you must purchase Membership - Annual or Membership - Half Yearly.

Revisiting GST – Journey So Far. (Part I)

The Goods & Service tax (GST) completes 18 months of its implementation and the developments so far have been very encouraging. After the initial months of excessive hassles related to filings, complains of high tax rates, inconvenience to small entities and so on, the taxation regime appears to have reduces these glitches substantially. Still, it … Continue reading Revisiting GST – Journey So Far. (Part I)
.