Uttam Gupta

Uttam Gupta

Open doors for trade

Open doors for trade

Tuesday, 15 September 2020 | Uttam Gupta

The Govt should shed its current protectionism. Instead, it should go for an open trade policy by slashing import duties and eliminating non-tariff barriers While presenting the Union Budget for 2020-21, Finance Minister Nirmala Sitharaman had renewed the commitment of the Modi Government to “Make in India.” She saw this as...

FDI through front door

FDI through front door

Friday, 24 July 2020 | Uttam Gupta

The Govt must allow 100 per cent FDI in retail as this will level the playing field for all, eliminate discretion of bureaucrats whose writ is all-pervasive and help small traders On April 22, the California-based US internet giant, Facebook, announced its decision to buy 9.99 per cent stake in Jio...

Future mortgaged for food

Future mortgaged for food

Wednesday, 15 July 2020 | Uttam Gupta

Tax collections are far from adequate to pay for free food and the Govt is borrowing heavily to make up for the shortfall, thereby imposing an unsustainable burden on the future generation of taxpayers To shield millions of poor from the devastation caused by the Covid-19, Finance Minister Nirmala Sitharaman had...

Fuel prices are burning

Fuel prices are burning

Wednesday, 08 July 2020 | Uttam Gupta

We have an abhorrent situation whereby taxes alone account for about two-third of the price at the pump. The high fuel price contributes to high inflation and higher costs of fertilisers and food During the last three weeks of June, the oil marketing public sector undertakings (PSUs), namely the Indian Oil...

The GST indemnity riddle

The GST indemnity riddle

Wednesday, 01 July 2020 | Uttam Gupta

Even as States expect full and timely compensation for the shortfall in their tax revenue, vis- -vis a given benchmark, the Union Govt has been making short payment and that too after a time lag The dwindling tax revenue of both the Centre and States since the financial year (FY) 2019-20...

A highly unreasonable request

Tuesday, 23 June 2020 | Uttam Gupta

Granting interest waiver, in addition to deferment, will amount to discrimination among borrowers who decide to avail the RBI’s loan moratorium and others who don’t The Supreme Court was against burdening customers with a loan trap while hearing a Public Interest Litigation (PIL) filed by one Gajendra Sharma, demanding a “waiver...

Remodel Google tax

Remodel Google tax

Wednesday, 17 June 2020 | Uttam Gupta

Tech giants are getting away by not paying tax in the source country but the fact remains that their profits are coming from users located within the Indian territory. This anomaly needs to be addressed soon On June 2, the Trump administration announced a probe into digital services taxes that have...

Green the soil

Green the soil

Tuesday, 09 June 2020 | Uttam Gupta

The Centre's decision to ban 27 commonly-used pesticides in all three main categories, namely insecticides, fungicides and weedicides, is a move in the right direction The decision of the Centre to ban 27 commonly-used pesticides in all three main categories, viz. insecticides, fungicides and weedicides, in India has led to consternation among...

Sunday Edition

END OF GLORIOUS ERA FOR LEGENDARY INS VIRAAT

20 September 2020 | TN RAGHUNATHA | Sunday Pioneer

21,907 more test +ve in Maha

20 September 2020 | TN RAGHUNATHA | Sunday Pioneer

PMO-led task force to tackle air pollution management in NCR

20 September 2020 | PNS | Sunday Pioneer

No shortage of oxygen for Covid patients: K'taka Min

20 September 2020 | PTI | Sunday Pioneer

Raj: 45-yr-old woman raped in Alwar; 5 held

20 September 2020 | PTI | Sunday Pioneer

Covid hits Telangana Health Minister's office, 7 test positive

20 September 2020 | IANS | Sunday Pioneer