VAT deduction at source: Procedure needs simplification

Value Added Tax (VAT) is a consumption tax, which by its very nature is a tax to be collected from the consumers by the sellers against the supply of goods or services. However, practically for various reasons including the intention to maintain competitive price for the supplies, many businesses fail...

2019 Indian elections—a referendum on Modi

The middle of December has seen a robust performance by India's Congress Party in a few key State elections in India. The Congress ended up winning in the States of Rajasthan and Chhattisgarh and barely missed a majority in Madhya Pradesh in a neck-and-neck finish. Prime Minister Narendra Modi congratulated...