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Why India loves to hate inheritance tax and estate duty—wrongly

Opposition to the inheritance tax defies political and economic logic. It can only be justified on grounds of difficulty of collection and administration. ....

Rajiv Gandhi , Lok Sabha , Indira Gandhi , Infosys Ltd , Bharatiya Janata Party , World War , Rao Manmohan Singh , Burying Nehruvian , Mint Snapview ,

Burying Nehruvian legacy, Congress manifesto warms up to private sector

The national discourse gains when the Opposition rises to a critical national challenge, such as of chronic unemployment, with constructive ideas. Whoever forms the government after the national election will find useful ideas in the Congress party s manifesto. ....

Narendra Modi , Nyay Patra , Aruna Roy , Manmohan Singh , United Progressive Alliance , National Advisory Council , National Food Security , Mahatma Gandhi National Rural Employment Guarantee Act , Congress Led United Progressive Alliance , National Food Security Act , Taper Tantrum , Mint Snapview ,

Reversal of pricing reforms for oil PSUs is capping their stocks' upside

The current rally in their stock prices could have been far bigger and longer-lasting if the UPA government’s reforms in energy-product prices had been made real and not reversed in practice by the BJP government. ....

Lok Sabha , Coal India , Mint Snapview , Psu Stocks , Psu Stocks Rally , Public Sector Companies , State Owned Companies , Energy Reforms , Stock Market Rally , Zupa Government ,

Nirmala Sitharaman has the fiscal space to increase capex again. She should

The upcoming budget speech on 1 February will send out a clear signal about the government sticking with the commitment to reduce the fiscal deficit to 4.5% of GDP by FY26. ....

Union Budget , Mint Snapview , Finance Minister Nirmala Sitharaman , Interim Budget , Lok Sabha Elections , Food Subsidy Bill , Budgeted Estimate , Fiscal Consolidation Goal ,