THE HIMALAYAN TALK: INDIAN GOVERNMENT FOOD SECURITY PROGRAM RISKIER

http://youtu.be/NrcmNEjaN8c The government of India has announced food security program ahead of elections in 2014. We discussed the issue with Palash Biswas in Kolkata today. http://youtu.be/NrcmNEjaN8c Ahead of Elections, India's Cabinet Approves Food Security Program ______________________________________________________ By JIM YARDLEY http://india.blogs.nytimes.com/2013/07/04/indias-cabinet-passes-food-security-law/

THE HIMALAYAN TALK: PALASH BISWAS CRITICAL OF BAMCEF LEADERSHIP

[Palash Biswas, one of the BAMCEF leaders and editors for Indian Express spoke to us from Kolkata today and criticized BAMCEF leadership in New Delhi, which according to him, is messing up with Nepalese indigenous peoples also. He also flayed MP Jay Narayan Prasad Nishad, who recently offered a Puja in his New Delhi home for Narendra Modi's victory in 2014.]

THE HIMALAYAN DISASTER: TRANSNATIONAL DISASTER MANAGEMENT MECHANISM A MUST

We talked with Palash Biswas, an editor for Indian Express in Kolkata today also. He urged that there must a transnational disaster management mechanism to avert such scale disaster in the Himalayas. http://youtu.be/7IzWUpRECJM

THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE

अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।' http://youtu.be/j8GXlmSBbbk

THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE

अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।' http://youtu.be/j8GXlmSBbbk

THE HIMALAYAN TALK: PALASH BISWAS BLASTS INDIANS THAT CLAIM BUDDHA WAS BORN IN INDIA

THE HIMALAYAN VOICE: PALASH BISWAS DISCUSSES RAM MANDIR

Published on 10 Apr 2013 Palash Biswas spoke to us from Kolkota and shared his views on Visho Hindu Parashid's programme from tomorrow ( April 11, 2013) to build Ram Mandir in disputed Ayodhya. http://www.youtube.com/watch?v=77cZuBunAGk

THE HIMALAYAN TALK: PALSH BISWAS FLAYS SOUTH ASIAN GOVERNM

Palash Biswas, lashed out those 1% people in the government in New Delhi for failure of delivery and creating hosts of problems everywhere in South Asia. http://youtu.be/lD2_V7CB2Is

Palash Biswas on BAMCEF UNIFICATION!

THE HIMALAYAN TALK: PALASH BISWAS ON NEPALI SENTIMENT, GORKHALAND, KUMAON AND GARHWAL ETC.and BAMCEF UNIFICATION! Published on Mar 19, 2013 The Himalayan Voice Cambridge, Massachusetts United States of America

BAMCEF UNIFICATION CONFERENCE 7

Published on 10 Mar 2013 ALL INDIA BAMCEF UNIFICATION CONFERENCE HELD AT Dr.B. R. AMBEDKAR BHAVAN,DADAR,MUMBAI ON 2ND AND 3RD MARCH 2013. Mr.PALASH BISWAS (JOURNALIST -KOLKATA) DELIVERING HER SPEECH. http://www.youtube.com/watch?v=oLL-n6MrcoM http://youtu.be/oLL-n6MrcoM

Imminent Massive earthquake in the Himalayas

THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT

THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT

THE HIMALAYAN TALK: PALASH BISWAS TALKS AGAINST CASTEIST HEGEMONY IN SOUTH ASIA

Palash Biswas on Citizenship Amendment Act

Mr. PALASH BISWAS DELIVERING SPEECH AT BAMCEF PROGRAM AT NAGPUR ON 17 & 18 SEPTEMBER 2003 Sub:- CITIZENSHIP AMENDMENT ACT 2003 http://youtu.be/zGDfsLzxTXo

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Palash Biswas On Unique Identity No1.mpg

Friday, September 25, 2015

Retro Tax Holiday for foreign companies to kill Indian Business at the cost of Tax Payers as the head of RSS governance of blind racial nationalism bats on home pitch in America! Palash Biswas

Retro Tax Holiday for foreign companies to kill Indian Business at the cost of Tax Payers as the head of RSS governance of blind racial nationalism bats on home pitch in America!

Palash Biswas

I am amused to see the mindset of Indian business community which knows nothing but to cry for rate cuts as economics is concerned.I wonder what kind of economists and analysts the Indian companies do hire as they fail to understand that Indian Market is gifted away for foreign capital and foreign interest and a selected band of companies celebrate monopoly in every sector!


We may have notice or perhaps not that befor US visit of the supremo,arms deal was finalised with US companies.The act is followed by Retro Tax Holiday for foreign companies to kill Indian Business at the cost of Tax Payers as the head of RSS governance of blind racial nationalism bats on home pitch in America!


Claps audience!

Titanic Baba ensures the Titanic should immerse in deep blue as Indian Economy is being made in Titanic mode,I am afraid!


We know all about the freedom struggle and we also know who played what role.The preachers of nationalism speak hatred only and we have to be hated as we speak human as we bleed as humanity and nature,both bleed just because of the governance of fascism!What type of swaraj is this?


Set the nation on fire with overwhelming identity clash and you are free to sell off everything.


This is the only business that has a future in this racist governance of fascism!


Exactly is is the grand Saga of Mahabharat these days!

It is happening with surgical precision!


Open market economy is the bolt from the blue even after almost twenty five years as the children of neoliberal fascism launched the Manusmriti Hindutva class rule afresh with political consensus and conspiracy in the same way that most affluent community is demanding reservation with the alternative demand to kill reservation.


What a nonsense play is being enacted,we are not interested at all to understand as we,Indian people have been blinded with religious identity based blind nationalism!

Indian Express reports:


Beyond the News

PM Modi in US: What scares CEOs about doing business with India

PM Modi in US: What scares CEOs about doing business with India

Indian taxes are not so much administered by laws as by the rules these officers take it upon themselves to write when the political masters have completed drafting the broad strokes.

Indian Express further reports:

Tax Relief : Govt lays down retro MAT rules for foreign companies

Firms without permanent establishments in the country to be exempted.

2  0

By: ENS Economic Bureau | New Delhi | Published:September 25, 2015 3:12 am

The government on Thursday provided a major relief to foreign companies, exempting them from paying minimum alternate tax retrospectively from April 2001 if they don't have a permanent establishment in India. The move comes amid Prime Minister Narendra Modi's US visit.

Tax experts said the clarification will allay investors' apprehensions of uncertainty in the taxation regime while also encourage foreign investments into the country.

The move comes as the government pitches for more foreign investments in the country. Last week finance minister Arun Jaitley visited Hong Kong and Singapore with a business delegation and met private equity firms, asset management companies and other institutional investors, seeking overseas investment in various sectors.

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Earlier during the month, the finance ministry had exempted foreign institutional investors (FIIs) from paying MAT to soothe investor sentiments, which had taken a hit following the notices issued by the tax department seeking MAT on capital gains made by them up to March 31, 2015. MAT is levied on entities which don't pay corporate income tax because of several exemptions and incentives.


Following a global outcry, a panel under justice AP Shah was formed in May. The panel submitted its report last month and suggested that MAT should not be levied on FIIs.


In a statement, the Central Board of Direct Taxes (CBDT) said that the provisions of section 115JB, pertaining to levy of MAT, will not be applicable to a foreign company if it is based in a country with which India has DTAA while also it does not have a permanent establishment in the country.


The benefit will be applicable retrospectively beginning April 1, 2001. The CBDT said that appropriate amendment in this regard will be carried out.


In case, the foreign company is not based in a country having a double taxation avoidance agreement (DTAA) with India, it will be exempted if it does not have to register under section 592 of the Companies Act 1956, or section 380 of the Companies Act 2013. These sections pertain to filing of details like certified copy of charter or memorandum and articles within 30 days of establishment of its place of business in India.


"This (today's development) addresses the complete set of investors in that sense, for instance to investments under FDI route, FVCI route etc," Sameer Gupta, leader for tax financial services, EY India, said.


The Shah panel had also recommended that foreign companies which don't have a PE or a place of business in India should not be liable to pay MAT. The panel had argued that internationally, none of BRICS countries levy MAT and some of the OECD countries levy MAT but not on foreign companies or persons unless they have a physical presence.


However, concerns about whether the government would be able to push through pertaining amendments in the Income Tax Act in the Winter Session of Parliament remain.

The clarification will also benefit the Castleton Investment Ltd case, due to come up in the Supreme Court for hearing later this month. In August 2012, the Authority for Advance Rulings in the case had ruled that MAT is applicable to both domestic and foreign companies not having a PE in the country. This was challenged by the Mauritius-based company in the SC.

Amit Maheshwari, managing partner of Ashok Maheshwary & Associates, said that clarity on the fate of foreign companies not having PE in India but based in non-DTAA countries still remains unclear.

- See more at: http://indianexpress.com/article/business/business-others/tax-relief-govt-lays-down-retro-mat-rules-for-foreign-companies/#sthash.saP0PEai.dpuf



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