Corporate India’s hope and expectation for indirect tax reform reached a new high after the announcement of the Government’s intention to introduce the Goods and Services Tax (GST) regime in India, observes Vivek Pachisia,
Defence could be the next boom after the IT (information technology) and automotive sectors, hopes Wg Cdr Neelu Khatri (Retd), Manager, Defence Advisory Services, KPMG, New Delhi. “The total defence spending from 2010-2016 would be to the tune of $280 billion. Based on last five years’ average revenue, capital expenditure on major acquisition would translate [...]
The government will conduct a statistical study on the amount of black money in the economy as it is negotiating its tax treaties with countries like Switzerland.
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