Saturday, August 18, 2007

Happy Independence Day, what is an ideal tax policy?

Law street, the monthly column, which gets published in The Economic Times, is generally penned over the weekend. However, August 15, 2007 - our independence day, set me thinking.

It is true that we are no longer reeling under a 90 per cent plus tax rate, liberalisation has made it possible for our enterpreneurs to dream and achive their dreams. Yet, Indian tax legislation needs to keep pace with the changing needs of the economy.

Look out for this column in the August 31, 2007 edition of The Economic Times.

As always, it shall be uploaded on this blog as well.

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