India goes after companies with a big tax stick

A wave of demands for payment of GST on intra-company transactions has opened up a new front between corporates and the government. A dent to the ease-of-doing-business ranking is the likely first casualty.

13 August, 202416 min
0
Getting your Trinity Audio player ready...
India goes after companies with a big tax stick

You may also like

Business
Story image

Debt, dividends, divestment: how solid is Sitharaman’s budget math?

Fiscal discipline holds on paper, but the number is propped up by higher borrowing and revenue sources that are far from stable.

Business
Story image

Why IndusInd Bank promoter Ashok Hinduja was never really in the dark

As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.

Business
Story image

GST Bachat Utsav is a colossal oversell

Beyond marginal savings for consumers, the promises held out by the GST cuts are a tall order. Maybe even delusional.