Arun Jaitley Promises Better Tax Regime for Companies

Centre removes FDI tag on NRI investments; FDI RAJ is NRI Hindutva Raj!
Arun Jaitley Promises Better Tax Regime for Companies and to accomplish the task Jaitley in Kuchh Bhi Karega Mode to sustain Bull Run irrelevant of the fact whether RBI might not help!
In renewed reforms thrust, Centre removes FDI tag on NRI investments; FDI RAJ is NRI Hindutva Raj!
Never mind, India Jiyega or Marega! We have got the Hindu Rashtra!
In renewed reforms thrust, Centre removes FDI tag on NRI investments; FDI RAJ is NRI Hindutva Raj!
Hence, Jaitley in Kuchh Bhi Karega Mode to sustain Bull Run but RBI might not help! The FM seems to believing in the false growth saga rooted in SENSEX dices and foreign ratings.
Thus, despite, RBI governor speaking out aloud against the undue pressure on Banks, FM dictates rate cut again and again without addressing the basic problems of the economy.
FM and his RSS government are much more interested to serve the interest of foreign capital for which he would Kuchh Bhi karega and never mind, whether India jiyega or Marega.
Finance Minister Arun Jaitley said on Friday the government was in consultations with the Reserve Bank of India on setting up an independent public debt management agency (PDMA).
The comments come after the government last month withdrew proposals to set up the agency, with Jaitley adding then the government would consult with the central bank and unveil a new roadmap.
However, RBI Governor Raghu ram Rajan last week denied the central bank was against the idea of a PDMA, and said there was no difference of opinion between the central bank and the government on the issue.
Meanwhile, media reports that India plans to reform rules governing the level of discounts upstream state oil firms including ONGC offer to retailers, a senior finance ministry official said on Friday, a move that could expedite the sale of a stake in the company.
The government hopes to sell shares in ONGC and India Oil Corp. to raise about a third of its budget target for asset sales of $11 billion - and reduce its fiscal deficit to 3.9 percent of GDP in the 2015/16 fiscal year.
Currently ONGC (Oil and Natural Gas Corp), Oil India and GAIL (India) sell crude and fuels like cooking gas at discounted rates to partly compensate retailers for losses they incur on selling fuels at government-set rates.
Media reports: There is optimism in the air and the economy is set to achieve stronger growth, Finance Minister Arun Jaitley said on Friday, reiterating his government’s strong commitment to implementing the Goods & Services Tax (GST) from April 1 next year.
Palash Biswas