Author
Minhaz Merchant is the biographer of Rajiv Gandhi and Aditya Birla and author of The New Clash of Civilizations (Rupa, 2014). He is founder of Sterling Newspapers Pvt. Ltd. which was acquired by the Indian Express group
The Modi government is strong on ideas but weak on execution. Nothing demonstrates this more pointedly than tax
Read MoreIn the latest real clear politics poll of polls, Obama’s “approval” rating is 45 per cent. Not many us presidents have had such low popularity ratings with the exception of the reviled Richard Nixon and the bumbling George W. Bush
Read MoreAs the 2016-17 Union Budget nears, it’s a good time to re-examine some concrete numbers on personal income-tax
Read MoreThe key problem is India’s criminal justice system. Over three crore cases are pending in various courts. The biggest victims are poor undertrial prisoners who don’t have money to pay bail
Read MoreThe launch on 16 January in Beijing of the Asian Infrastructure Investment Bank as a counterweight to the us-dominated World Bank is an indication of China’s determination to expand its global financial role
Read MoreThe Harvard researchers predict that Indian GDP will expand at an average of 6.98 per cent till 2025. This means nominal GDP will nearly double to around $4.50 trillion in 2025 at current exchange rates
Read MoreFinance Minister Arun Jaitley will tinker with taxes: an increase of Rs 25,000 in exemptions here, a 5 per cent cut in excise duty there, a tweak in personal income-tax slabs everywhere
Read MoreGetting India’s GDP growth trajectory back to 8 per cent a year is critical for three reasons: Creating jobs, driving consumption and boosting investment.
Read MoreTax all those with a taxable income below Rs 20 lakh at a flat rate of 10 per cent. Tax those with a taxable income above Rs 20 lakh at a flat rate of 20 per cent
Read MoreFollowing the festering dispute over the Senkaku islands in the East China Sea, Tokyo's long-term vision is to develop India as a manufacturing hub for its industries. India's low-wage economy and skilled workforce fit neatly into this vision
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