I don’t find any reason why Vodafone should not be taxed for capital gains no matter where is deal is fianalised but the true impact is in India so the Indian government must have right to tax. Many pseudo outsourcing companies based in Mauritius evade tax on account the treaty signed with Govt. of Mauritius which seeks to avoid double taxation and companies will have to pay taxes to domicile county.
I think it is high time our policy framers should devise more rational taxing policy to plug the existing loopholes in the current tax system or legislation.
The proposed National Counter Terrorism Centre in India is an ambitious programme and it will boost not our intelligence system but also make the terrorism response mechanism more proactive. The lack of coordination among the different agencies dealing with the counter terror and internal peace and security is very alarming and many terrorist or insurgent groups operating in India get away easily. Very often we hear that that a particular agency took the responsibility of a terror attack and the news fade away. Why this is happening in India? If you see for example the stand of USA against the terror is clear and quite appreciable. They nuke down the terror infrastructure even in foreign land and here in India we even can’t uproot their training camps running in various parts of the country either known or unknown to the intelligence agencies. The state government should cooperate with the initiative of the Home Ministry and NCTC a great success and example for the rest of the world. Very often the intelligence is able to collect informations but there is no agency responsible for acting on it. This can be either due to the lack of skilled personnel and the training of the state police department or the lack of coordination between various law enforcing agencies.
The negative point that I have thought out are as follows. First, the state consensus must be taken into account. This can be done either through persuation of effective high level meeting between the official of different states. Seconly, I would try to draw attention to the lack of upgradation of the existing agencies and state police departments. Thirsly, there is perception that giving intelligence and law enforcing powers in same hands will make them more powerful and they might be puppet in the hand of Centre to weild more power and intimidate state police power.
My suggestion would be that it is not yet late to initiate a copprehensive discussion and debate in parliament or in a meeting of all state Chief Ministers and high level bureaucrats.
Shashikant Nishant Sharma School of Planning and Architecture,* (under the Ministry of HR&D, Govt. of India), New Delhi-110002
There can be many parameter to decide the best investment opportunity but so far as I think investing in service industries give you more dividend in short term than in manufacturing sector. The service industry don’t have to produce goods but make his reach to more customers and improving the quality of services. There is very low risk of making losses as investment has been made and only revenue expenditure is needed to keep the service delivery and expansion moving. Shashikant Nishant Sharma Urban Planner and Consultant New Delhi