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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
http://www.kotaksecurities.com/pdf/indiadaily/indiadaily12032012.pdf
Strategy
Taxing times. India’s current weak fiscal position may necessitate certain harsh steps
such as higher tax rates in the short term. In the medium term, we propose options to
improve India’s flagging tax-to-GDP ratio, such as (1) speedy implementation of GST
and DTC, both delayed inordinately, (2) removal of most tax exemptions (for companies
and individuals), (3) increased compliance and (4) innovative methods to tax undisclosed
income.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
http://www.kotaksecurities.com/pdf/indiadaily/indiadaily12032012.pdf
Strategy
Taxing times. India’s current weak fiscal position may necessitate certain harsh steps
such as higher tax rates in the short term. In the medium term, we propose options to
improve India’s flagging tax-to-GDP ratio, such as (1) speedy implementation of GST
and DTC, both delayed inordinately, (2) removal of most tax exemptions (for companies
and individuals), (3) increased compliance and (4) innovative methods to tax undisclosed
income.
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