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2 years

Trump, Churchill & Taxation

In 1916, in a letter to David Lloyd George’s daughter, Winston Churchill admitted: “I think a curse should rest on me – because I love this war. I know it’s smashing and shattering the lives of thousands every moment, and yet, I can’t help it, I enjoy every second of it”.

2 years

Christmas Trees – Ornamental or Not?

There are at least seventeen Christmas Tree Organizations in the United States. Their lobbying efforts have been producing fruit for their members for over forty years and are instructive for anyone who wants to understand what is going on in Washington D.C. right now.

2 years

Dynasties & Dynamics of Succession

Is the baton handed over to ensure success in the future or just to maintain status quo? The long-term legacies of people, businesses, political parties, sports teams and media houses have been defined by who succeeds next. But this process of succession has different complexities. Viewed from the outside, it appears that often emotion dictates decisions than any logic.

2 years

India Does it Again!

Economic reforms and fiscal discipline are amongst the most difficult things to manage even for economically developed nations with matured media and fully literate population. The negatives from reforms are visible immediately in lost popularity and public outcry, and the positives take a very long time to fructify – by that time, often, the next Government is running the show – in a democratic country, of course. Now just imagine how difficult implementation of reforms could be for a vibrant democracy and fast developing economy like India with its huge poor and illiterate population.

2 years

The Morality of Taxation

Governments need money to fix the roads; to keep airports running; to keep bridges safe; to pay the armed forces; to maintain fire departments and police departments; to maintain a clean and secure water supply and to provide a social safety net for the old, infirm or less fortunate.

2 years

The Importance of IPR protection

Unlike any other creatures in this world, humankind is gifted with the power of thinking. The human mind is a unique creation that allows a human being to think and act. Creativity in the human mind is the reason behind all or at least most innovations occurring almost every day in various fields. Over the last 150 years, innumerable inventions and discoveries have been made by great intellectuals in different fields. In order to protect those inventions and discoveries, the world started recognizing such inventions and discoveries by conferring the ownership to the inventor by way of granting Intellectual Property Rights (IPRs) in respect of such inventions.

2 years

Indian Government Constitutes Anti-profiteering Agency

Given the country-wide slowdown in economic activity due to implementation of Good and Services Tax (‘GST’), the government of India is trying to assuage the sentiments of industry, customer and public at large by reducing GST rates.