Publication and Research, IIPM

Numerous studies conducted by Indian as well as global research outfits have shown that when the tax regime is too retrograde or repressive, the first reaction of tax payers is to evade taxes if they can. Since Indian tax officials are not saints, it is inevitable some will help tax payers avoid paying these complicated taxes. When the marginal rate of income tax was a fantastic 97%, tax avoidance too was the highest.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

But it was Bharti TeleTech, with the Beetel branded telecom equipment, which first consolidated Bharti's presence in the telecom sector. Telecom Seychelles (providing Airtel telecom services in Seychelles), Bharti Telesoft (selling value added products and services), TeleTech Services (a JV with TeleTech USA offering customer management call center services) and Field Fresh Foods (a JV with the Rothschild Group to export agricultural products) are the other key Bharti group companies.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Other main industries include processed and unprocessed minerals, food products, wood and paper products, transport equipment, chemicals, fish products and petroleum and natural gas. Main items of export are motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment, chemicals, plastics, fertilizers, wood pulp, timber, crude petroleum, natural gas, electricity, and aluminum.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Come August and the plains of the Masai Mara, arguably the most famous national park in the world, reverberate with the sound of thundering hooves, over a million strong, interspersed with a murmuring wave that sounds a fair bit like an enormously overstaffed council of elders expressing their unanimous disapproval of some bright new idea: “Gnu!” “Gnu!” “Gnu!”

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Stop giving subsidies to the rich (Publication and Research, IIPM)

There seems to be no end to the stubbornness of the government when it comes to providing oil and gas subsidies to the rich. No doubt, a recent fare hike has led to a fall in the huge losses that were being generated by the oil PSUs. Yet, it is entirely possible that the total oil losses toted up by oil companies in fiscal 2005-06 would be at least Rs.200 billion.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Power generation companies are being hit by a double whammy - IIPM Publication

Power generation companies are being hit by a double whammy. On the raw materials side, thermal power plants – the mainstay of India’s power sector – are being crippled by a shortage of coal supplies. It may be ironical, but though India is sitting on the second largest reserves of coal, it cannot produce enough to feed India’s thermal plants. This year, companies like NTPC will together end up importing 20 million tones of coal. Plants based on gas are in worse shape: there has been an almost four fold increase in the prices of gas.

Source:- IIPM Editorial

For more IIPM article click here



Copyright: IIPM-2006