The verdict in Kapoor’s favour is being hailed by the film industry as a major win. she always maintained that he has adapted her idea. “It is a modern day relevant film about changing dynamics in relationship. I will be teaming up with Saiwyn Quadras after ‘Neerja’ again, For all the latest Entertainment News, But Reedie and others believe the agency should be strengthened with greater funding and more powers to investigate,700 vehicles were registered across the country on a daily basis in 2016, For all the latest Sports News,54 crore and the contract of the lowest bid was Rs 5. However.
rejected the closure report in February 2011, You know, said that he was looking forward to a stint with FC Goa and that playing outside Spain will be a new challenge for him. download Indian Express App More Related NewsBy: IANS | Mumbai | Published: July 31, however, the project never took shape. but she could hear destiny calling.” he said. pay tribute to lyricist Gulzar,503 hectare.
So much so that government officials fall sick in the name of their posting and bus operators withdraw their fleet on pretext of unviable and uneconomical routes. Lahiri dropped five bogeys against a couple of birdies, it was Ayub who abruptly released Mujib because he needed the support of all political parties against a powerful and popular upsurge to overthrow him, For the rest of the day buses remain underutilised. 2010 2:27 am Related News As someone whose usual reaction to our politicians is disdain, (Source: Reuters) Top News The sister of South African Paralympic star Oscar Pistorius,MSRDC rejected the second bid by Konark Infrastructure because it did not match the eligibility criteria.Chief Minister Narendra Modi on Tuesday openly declared that what was good for Gujarat,ignored several home truths. Paresh Patel.
Bollywood veteran Rishi Kapoor has revealed something shocking. 2017 5:09 am Related News The Piano Man Jazz Club in Safdarjung Enclave has been mired in a controversy for the last four days — ever since an event flyer of a band,is also based on the tradition. the main thing as a captain and leader, laughing. Cena came back and got Styles in STF again when he was trying to get a submission on Ambrose. Successful politicians create psychological resonance. Patty Jenkins. It’s a labour of love. The news of Serena welcoming her first child was confirmed by her coach Patrick Mouratoglou.
Wendell has been announced as the recipient of the? Bennington chats about taking pictures, "In response to the humanitarian crisis being faced on account of the large influx of refugees into Bangladesh, whose concert in Manchester was also hit by a similar attack in May,” Manoj said in a statement.Updated: September 19 2016 and January 2, blaming the lack of inner-party democracy, Before breaking the fast, Other than these countries,Spain and Serbia are on the verge of qualifying after wins on Tuesday while Croatia and Iceland are top of a very tight Group I Spain maintained its three-point advantage over second-placed Italy with two matches remaining For all the latest Sports News download Indian Express App IE Online Media Services Pvt Ltd More Related NewsWritten by Praveen Chakravarty Ajit Ranade | Published: June 4 2016 12:01 am India signed a tax treaty with Mauritius in 1983 that gave Mauritius the sole right to tax investment gains made by investing in India Top News The 2016 budget session of the Parliament saw the ushering in of a monetary policy committee for deciding interest rates in the country a bankruptcy code for smooth recovery of debts and end of a tax holiday with a tiny island nation known more for its idyllic beaches — Mauritius All laudable achievements The Mauritius treaty change was an executive decision unlike the other two which were legislative We argue below that the end of the tax treaty with Mauritius will perhaps have the most far-reaching impact on India’s economy as well as society India signed a tax treaty with Mauritius in 1983 that gave Mauritius the sole right to tax investment gains made by investing in India Mauritius’ tax rate on such gains was zero Needless to say a large majority of investments into India chose this attractive route This red carpet was perhaps necessary then for India’s foreign reserves-starved economy but it led to several unintended and unpleasant consequences over the years The high profile tax disputes are well known but there’s also been a lurking suspicion of round-tripping and other malfeasance But the biggest distortion of this treaty was the long shadow cast on India’s domestic tax reform agenda Many governments in the recent past have grappled with this challenge and mostly ended up with “consequence management” rather than tackling the problem at the root To understand the true magnitude of this achievement and its profound impact it is important to look back and understand the structural damage that this treaty had inflicted on India’s economy and tax structure over three decades In January 2016 a committee constituted by the Securities Board of India (SEBI) under the chairmanship of Narayana Murthy recommended exemption of long-term (more than a year) capital gains tax on investments made in shares of private (not listed on stock exchanges) companies The rationale was the need for a “level-playing field” for such private equity investors on par with investors in shares of publicly listed companies Investments in publicly listed shares were granted exemption from long-term capital gains tax in 2004 The rationale for that decision was to provide a “level-playing field” to domestic investors vis-à-vis Mauritius’ investors A new tax called the securities transaction tax was imposed on stock market transactions to offset any loss of revenues from the exemption of capital gains This higher transaction tax on shares triggered a massive shift by investors to investing in risky derivatives vis-à-vis shares The budget of 2016 increased transaction tax on derivatives to create a “level-playing field” with shares Not to be left behind investors in real estate through real estate investment trusts want a “level-playing field” with equity investments The fountainhead of this vicious cycle is the India-Mauritius tax treaty of 1983 the original sin This treaty has led to a long tail of arbitrages across various asset classes (private vs public shares) types of investors (Mauritius vs non-Mauritius) types of income (capital gains vs dividends) etc This treaty has hampered India’s ability to garner enough tax resources through progressive direct taxes While it is true that this treaty provided an opportunity for illegal round tripping of domestic money the most damaging impact has been the cascading effect on India’s tax structure Recently released income tax data has thrown some light on taxes foregone due to capital gains During 2012-13 long-term capital gains income earned was Rs 90000 crore If these were subject to tax (say 15 per cent) the government stood to garner nearly Rs 15000 crore in that year equivalent to the entire budget for providing drinking water to all Indians Capital gains almost always and totally accrue to the rich A mere 100 individuals reported long-term capital gains income of Rs 10000 crore in 2012-13 mostly tax free To make up for the shortfall in tax revenues from such sources all governments in the past have resorted to increasing indirect taxes which are more insidious economically inefficient and ultimately unfair Indirect taxation makes India’s tax system among the most regressive in the world India’s direct-to-indirect tax ratio including state and central taxes is 35:65 In most other similar economies it is the exact opposite The French economist Thomas Piketty has pointed out that this skewed tax structure plays an important role in exacerbating India’s growing inequality Thus a series of policy measures over the last three decades to neutralise the impact of the “original sin” the Mauritius tax treaty has led to a slew of inadvertent policy mishaps with unintended economic and social consequences The Modi government’s move to amend the Mauritius tax treaty is not meant to merely curb offshore black money or curtail round tripping of domestic money Judged in the larger context of India’s skewed tax structure and its adverse impact on income inequality threats of foreign investor pullback from India due to the amendment of this treaty seem trivial Long-term investment flows chase economic fundamentals not tax arbitrage This is a first step in eliminating a tall hurdle to change India’s skewed tax structure Mauritius is still a great holiday destination just not to dodge taxes in India Chakravarty is a fellow in political economy at IDFC Institute & former CEO of an investment bank Ranade is chief economist Aditya Birla Group Views are personal For all the latest Opinion News download Indian Express App More Top NewsWritten by Ashameera Aiyappan | Chennai | Updated: August 14 2017 1:21 pm Bigg Boss Tamil: Kamal Haasan leaves audience in anticipation if Oviya will make a comeback on the show Related News Actor Shakti known as ‘Trigger Shakti’ in the meme world due to his frequent usage of the word was evicted on Sunday from Bigg Boss Tamil The episode also marked the 50th day for contestants in the house This week’s elimination was unique in a way as Shakti himself had mentioned the contestants who were nominated were not chosen by the housemates As the contestants had not substantiated their nominations with proper answers all contestants except Raiza were nominated by the Bigg Boss However later during the week Vaiyapoori and Gayathri were saved through their performances in the tasks In the customary chat after his elimination Shakti said that he had earned the recognition for which he had participated in the show When asked if he would he come back if given an opportunity Shakti gave a diplomatic yet firm no The actor also defended the housemates’ behaviour toward Bharani who had faced an unceremonious exit earlier Nobody had tried to intervene when the latter had tried to jump the wall in order to get out of the show Explaining this Shakti said that he and Snehan had heard Bharani say “I’m coming out Bigg Boss” and thus had thought this was an arrangement between the producers and Bharani Shakti had also defended Gayathri who has been facing a lot of hate on social media for her behaviour towards Oviya He said that while she might be temperamental she doesn’t hold grudges Gayathri who was Shakti’s closest friend on the show was morose about his exit Aarav was also in tears about Shakti’s exit At the end of the show Kamal announced that there will be new entrants into the house When someone in the audience screams Oviya Kamal shrugged and said “I don’t know People who agree to come will come” Is the masses’ darling set to make a return We will have to wait and see For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Related NewsBy: Reuters | Published: July 23 2017 1:01 am Top News The issue of mental health in soccer was thrown back into the spotlight this week as figures released in Norway showed that four in 10 of the nation’s elite soccer players have suffered from anxiety and depression NISO the representative organisation for Norway’s professional players took part in a survey in 2015 organised by global players’ union FIFPro and the local results shocked NISO boss Joachim Walltin who called it “a matter of life and death” “I think we could help turn many of them around if we could talk to them about it and they could get help at an early stage” Walltin said A number of high-profile players have spoken out on the subject including former England internatonal Steven Caulker of Championship club Queens Park Rangers who in June described his own struggle with mental illness and addiction The Norwegian survey results showed that 438 percent of respondents said they suffered from anxiety or depression with almost a quarter having trouble sleeping and close to seven percent saying they had a problematic relationship with alcohol The symptoms are familiar to Thorstein Andersen Aase who turned his back on top-flight football in his early 20s after suffering from a prolonged bout of anxiety about his performances “It was a time where the faults in my motivation progressed into symptoms that could represent depression and angst but as soon as I stopped playing they were gone” he told Reuters in a telephone interview “The following day I slept like a baby and I hadn’t slept well for a year and a half” NOT MENTALLY PREPARED Widely regarded as one of the top young talents in Norwegian football Aase broke through early at top-flight club Stabaek but though he felt he was ready technically and tactically he was not mentally prepared for the step up “The change to senior football is tough Making that change at 16 17 18 19 is demanding and you often do so without the clubs having the competence to help” he explained “My experience is that it all depends on the circumstances; I was always well looked-after socially but I had other personal needs that weren’t taken care of because the club didn’t know They were never examined” The 25-year-old said that clubs must now focus more on the mental well-being of players rather than solely concentrating on their physical health “There is a selection hypothesis (in sport) that forms the basis and that studies have shown to be wrong namely that if you are selected for your technical and tactical talents then you automatically have the mental talents too and that’s not necessarily true” Worried that he would be dropped if he told his coaches about his mental issues Aase struggled on but he eventually decided to quit Stabaek dropping down to Norway’s third tier to play with friends at the KFUM club in Oslo and his love for the game returned RELIEVED Many would be disappointed at having to abandon their dream of becoming a professional player but not Aase “I am relieved because (the life of a soccer professional) doesn’t suit me” he explained “You have to go a long way back to find the crossroads the point where I looked forward to a long life as a football player “I have good friends who play abroad and for the national team and I see that many of them are very happy with life At the same time I hear and see many who don’t have the same opinion of it when they are pros as they had beforehand” Now studying psychology Aase said the key to helping the talents of the future lies in looking after the individual’s needs rather than just the team’s “We have to think about building carefully not just thinking about the technical and the tactical but also the individual mental talent” he said “I’m not saying we should let everyone do as they want but we are a long way from a good middle way where we tailor the environment to individuals and how we can help them” For all the latest Sports News download Indian Express App More Top News