Miscellanea
Gujarat’s income tax collection may rise by 18% this fiscal
Gujarat’s income tax collection may rise by 18% this fiscal
PAN to be linked with Unique Id Number
PAN to be linked with Unique Id Number
Highlights of Foreign Trade Policy 2009-14
Higher Support for Market and Product Diversification
1. Incentive schemes under Chapter 3 have been expanded by way of addition of new products and markets.
2. 26 new markets have been added under Focus Market Scheme (FMS).
3. Incentive available under FMS raised from 2.5% to 3%.
4. Incentive available under Focus Product Scheme (FPS) raised from 1.25% to [...]
Investment in Art - the hidden cost that hurts
What pinches is the value you actually pay above the final price of a work of art.
Let us for the moment ignore whether these are good times or bad times for buying art. Instead, let’s ask: What is the art you buy really worth? Or, put another way — are you paying much more for [...]
The Value of ‘Other People’s Money’
SOME things never change. When President Obama spoke last week of “shameful” bonuses for bankers and the financial community’s “irresponsibility,” he echoed charges leveled nearly a century ago by Louis D. Brandeis. Brandeis, a commercial lawyer, leading reformer and future Supreme Court justice, described a dangerous combination of avarice, lack of accountability and poor oversight [...]
Tax benefit brings Gujarat back in favour with drug cos
Gujarat, the traditional centre of gravity of the pharma business in India that had lost out to states such as Himachal Pradesh, Goa, and Uttarakhand in the past few years, is regaining lost ground on the strength of tax cuts announced in last year’s budget.
Pharma firms, including around 100 small- and medium-sized ones, are [...]
Marc Faber comment on US economy
Investment analyst and entrepreneur Dr. Marc Faber concluded his monthly bulletin (June 2008) with the Following:
”The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer [...]
Gujarat PSEs set aside funds for social welfare
After the state-owned Gujarat Industries Power Co Ltd (GIPCL) agreed to set aside 30 per cent of their Profit Before Tax (PBT) to carry out welfare activities across the state, another listed Public Sector Enterprise (PSE) of the Gujarat government, Gujarat Mineral Development Corporation (GMDC) followed suit on Wednesday.
