Will Reduction of GST Rates Help India?

Within six months of launching the Goods and Services Tax (GST) programme in India, the Government has reviewed the rates of many of the items. The biggest impact is the fact that the tax slab in the top bracket (28%) now has only 50 items. Earlier, it has 200+ items. This means that it is …

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Comparing India and Switzerland

Got a chance to spend some time reading up about Switzerland and am trying to compare India and see the difference. 1. Switzerland has not been in a state of war for almost 200 years. They did not participate directly in World War I or II. India already has three wars to its credit in …

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Amitabh says India is a Developed Nation – No Way

There was an article today in The Hindu where Amitabh Bachchan had come up with a remark that he hates India being called a developing nation – instead he prefers to call it a developed nation. Emotional remarks are well suited for reel life, while in real life facts and data speaks. Here are some …

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Real Estate Bubble In India – Get Ready Folks

Indian Real Estate market has attracted investors in the past ten years, just like how a new sweet store attracts kids. In fact, it was one of my top three investment opportunities in the last decade. As a simple example, an apartment that cost 20 Lakh Rupees (approximately 40K USD) ten years ago, would sell …

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Autos and Meters

Every one in Chennai knows that people have given up on the Government to do anything about the issue with Auto-rickshaws (known as AUTO in India) and their refusal to ply with the meters to calculate the fares. Every single person involved in this system (the passenger, the auto driver, the owner of the auto, …

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Top Three Investment Opportunities for this Decade

Two years ago, I wrote about top three investment opportunities in the past ten years (2001 to 2010). They are gold, real estate and Indian stock market. At that point in time, as I was working with Citi, I stayed away from commenting about the stocks I held with Citi, to avoid any kind of …

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India Startup Tax Bill vs US CrowdFund Act

It is just a coincidence that two leading democracies in the world introduce two bills around startups, one which will encourage startups and one which discourages startups. CrowdFund Act of US is designed to help the startups by making it easy to receive small amounts of investments from individuals also, while the Startup Tax Bill …

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Kingfisher Airlines Bankruptcy News

There has been a lot of talk this month about the state of affairs at Kingfisher Airlines, the airlines founded by Vijay Mallya. While Vijay Mallya has asked the Government for bail out money (is Kingfisher too big to fail 🙂 ), the Government has rejected his request. This brings up an interesting point. Vijay …

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