India, not by plans but by default is a mixed economy often leading to a conflict between what the state and the corporate demand. One of the many decisions resting with the government is that of taxation. Indian agricultural income, with the motive of promoting agriculture is currently exempt from income tax.  In my opinion, agricultural income should be taxed […]

While the entire decision of ‘who will succeed Ratan Tata?’ was being made, I had probable names in my head and Cyrus Mistry wasn’t even close to being a guess. Against all those hunches, Cyrus Mistry indeed is the next chief of the sprawling Tata empire.  Now, here I present my personal opinions on this selection. The $83 billion Tata […]