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GeneralRe: Amazed Pin
Gandalf_TheWhite24-Sep-19 2:30
professionalGandalf_TheWhite24-Sep-19 2:30 
GeneralRe: Amazed Pin
Amarnath S23-Sep-19 23:15
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GeneralGovernment/FM is clueless Pin
Gandalf_TheWhite20-Sep-19 1:10
professionalGandalf_TheWhite20-Sep-19 1:10 
GeneralRe: Government/FM is clueless Pin
thatraja22-Sep-19 20:02
protectorthatraja22-Sep-19 20:02 
GeneralRe: Government/FM is clueless Pin
Gandalf_TheWhite22-Sep-19 22:46
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GeneralRe: Government/FM is clueless Pin
Amarnath S22-Sep-19 23:15
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GeneralRe: Government/FM is clueless Pin
Rajesh R Subramanian23-Sep-19 16:02
professionalRajesh R Subramanian23-Sep-19 16:02 
GeneralRe: Government/FM is clueless Pin
Gandalf_TheWhite23-Sep-19 21:24
professionalGandalf_TheWhite23-Sep-19 21:24 
Rajesh R Subramanian wrote:
Just playing the devil's advocat
That's fine, I learned that understanding the counter views will add up the knowledge and give us the chance to see the other side.
Anyways, I already have thought of the majority of points you've mentioned. However, the 5th point intrigues me a lot because what I know is the "corporate giants" have tons of ways to evade the Tax and lowering down the Tax will inversely benefit them in terms of not Paying whatever they were paying earlier or just pay the small margin of it. Ofc. their profit margin will increase however I highly doubt the increase of Profit margin gonna reach to the targeted area(i.e Indian Economy or Consumer). So at the end of the Financial Year, our government will lose the direct Tax benefit(Which is somewhere around 1.45 Lacs Crore, pardon me if there is a mistake in this figure but that was assumed somewhere around this amount)
Rajesh R Subramanian wrote:
India is now an even more lucrative option given the newfound profitability
That is true only for the new ventures or the foreign investors. Which could have been taken care separately.

I'd have welcome this move if they've provided such benefit to the real taxpayers of the country who do not have any option to evade the tax from the hard-earned money.
The vicious cycle would be, only a particular Class will pay the taxes forever as Corporates/Business has ample opportunity to escape from paying tax or pay the puny amount from the Mammoth profit margins.

The icing on the Cake would be "NPA". There goes the taxpayer's money for the betterment of corporate giants.
Rajesh R Subramanian wrote:
k the law is going to be back-dated. Either that, or you didn't mean to use the word retrospectiv
That was meant as to foresee the counter effects of this move in a retrospective way.
You can have all the tools in the world but if you don't genuinely believe in yourself, it's useless.

GeneralRe: Government/FM is clueless Pin
Rajesh R Subramanian23-Sep-19 21:37
professionalRajesh R Subramanian23-Sep-19 21:37 
GeneralRe: Government/FM is clueless Pin
Gandalf_TheWhite23-Sep-19 21:57
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GeneralRe: Government/FM is clueless Pin
Rajesh R Subramanian23-Sep-19 22:13
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GeneralRe: Government/FM is clueless Pin
Gandalf_TheWhite23-Sep-19 22:23
professionalGandalf_TheWhite23-Sep-19 22:23 
GeneralRe: Government/FM is clueless Pin
Rajesh R Subramanian23-Sep-19 22:29
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GeneralRe: Government/FM is clueless Pin
Gandalf_TheWhite24-Sep-19 0:12
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GeneralGuess the Movie(Winner @gkp1992) Pin
Rakshith Kumar19-Sep-19 23:50
memberRakshith Kumar19-Sep-19 23:50 
GeneralRe: Guess the Movie Pin
GKP199220-Sep-19 22:25
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GeneralGuess the Movie(Winner @gkp1992) Pin
Rakshith Kumar17-Sep-19 20:56
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GeneralRe: Guess the Movie Pin
GKP199217-Sep-19 21:03
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GeneralRe: Guess the Movie Pin
Rakshith Kumar17-Sep-19 22:46
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GeneralRe: Guess the Movie Pin
GKP199217-Sep-19 23:30
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GeneralAny Booklovers here? Pin
Rakshith Kumar17-Sep-19 20:47
memberRakshith Kumar17-Sep-19 20:47 
GeneralRe: Any Booklovers here? Pin
GKP199217-Sep-19 21:04
professionalGKP199217-Sep-19 21:04 
GeneralRe: Any Booklovers here? Pin
Rakshith Kumar18-Sep-19 20:22
memberRakshith Kumar18-Sep-19 20:22 
GeneralRe: Any Booklovers here? Pin
Gandalf_TheWhite19-Sep-19 0:39
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GeneralRe: Any Booklovers here? Pin
GKP199219-Sep-19 0:50
professionalGKP199219-Sep-19 0:50 

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