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.

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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.

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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.

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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!”

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Source:- IIPM Editorial, 2006