DVS Advisors LLP Founder & Managing Partner Divakar Vijayasarathy said, "Considering the current scenario of economy, the states might be left with no other option but to insist the Council to consider increasing the cess or including more products or...
DVS Advisors LLP Founder & Managing Partner Divakar Vijayasarathy said, "Considering the current scenario of economy, the states might be left with no other option but to insist the Council to consider increasing the cess or including more products or...
Divakar Vijayasarathy “True liberty flourishes when Governments are transparent”. India has always been criticized for bureaucratic opacity and ambiguous fiscal regulations which leaves too much room for subjectivity and bias. However, as much as minimizing regulations is important, simplifying the...
Divakar Vijayasarathy, Founder and Managing Partner at DVS Advisors LLP, said that the current position of the Income Tax Act, 1961 is that the capital gain on compulsory acquisition of asset is taxable in the year in which the first...
Meanwhile, for taxpayers, this council meeting may not be of significance unless the states and centre don’t agree on a mid-point for additional levies or extension of cess, or increased rate of cess to resolve the budget constraints. “Though other...
Divakar Vijayasarathy, founder and managing partner at consultancy firm DVS Advisors LLP, said, “The precursor for this issue has been laid much before the border issue with China. However, the timing of the notification of the findings and recommendations indicate...
“Given the domestic economic scenario, the finance ministry is expected to accept this,” Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said. The move cannot be linked to China alone as the government has been indicating...
Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors, said the taxpayer's charter was a welcome step. “Though this was known to most of the taxpayers and officials, the introduction of an exclusive charter changes the perception of both the taxpayers...
Divakar Vijayasarathy, founder and managing partner at consultancy firm DVS Advisors LLP, said Modi called for Make in India in his first Independence Day speech in 2014. He said Modi has rebranded it to Make for the World to make...
“With tax collections for the first quarter being muted by more than 30 per cent and nearly 80 per cent of the annual fiscal deficit target already utilised, the government is exploring all possible options to raise revenues,” Divakar Vijayasarathy,...
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