Baayee Vs. Yuokoma – India Prefers A Baayee

And for a Friday in Mumbai….. some thoughts…… The “Baayee” system in Mumbai, like the “Dabbawallas” are unbeatable, professional, passionate and performing. The efficiency of a typical “Baayee” of Mumbai is unmatchable, logistics is worked out. Walking distance from the hutment colony or the 6.18 local from Ghatkopar. Once at destination, it is clockwork and…

GST – Implications

And for a Friday of the Historic GST Bill…. Some thoughts… After the 1991 reforms, this is probably the biggest. All indirect taxes of the Central Govt – Central Excise, Addl. Excise, Service Tax, CVD etc. etc. will be subsumed in the Central GST and State Sales Tax, Octroi, Entry Tax, Purchase Tax, Luxury Tax…

DBT – Panacea for Inclusive Growth?

On a Friday returning from Delhi after the German ambassador’s “At Home Dinner”, some thoughts. Dr Martin Ney and his charming wife – Gabrielle hosted a select group and what an interesting evening with Dr. Vijay Joshi, the Emeritus Prof and Researcher from Oxford. His latest book – ‘India Long Road – The Search for…

Pay Your Taxes And Sleep Well

The Friday of the month when IT Return has to be filed, some thoughts… Our PM is very keen to unearth Black Money, his plea…”dear brothers and sisters, please avail of this golden chance to disclose your undisclosed income”. The amnesty ends September 30th. Only 1.4 million people have Income of more than Rs 1…