Publication and Research, IIPM

Whatever the outcome of these legal battles, there is little doubt the FBT is a hugely unpopular move by the government. To recap some of the details: medical expense reimbursements enjoyed by employees will be taxable; Leave Travel Allowances will be taxable; telephone calls made from an employee’s residence will be taxable; education allowances for children will be taxable and entertainment expenses borne by companies and individuals for promoting business will be taxable.

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Source- IIPM Editorial, 2006

Publication and Research, IIPM

They derived monopolistic statures from the Indian government’s protectionist policies, which made them conglomerates more by chance; until of course, liberalization brought in the competition much required by the Indian economy. Dismantling of old legacies and burdens has since become an unavoidable imperative for these companies as well. Professor Tom Kirschmire, London School of Economics, has tremendous faith in the Indian model of growth, more so than in China; but feels that the "conglomerate structures themselves result in capital getting blocked."

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Why is it worth digging up this history now? Because the twin sparks that ignited Qutb’s world changing rage are currently being doused with gasoline: Arab and Muslim bodies are being debased in torture chambers around the world, and their deaths are being discounted in simultaneous colonial wars, at the same time that graphic digital evidence of these losses and humiliations is available toanyone with a computer.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Consistently indulging in diets delightfully high in fat, together with liberal intakes of red meat, takes you a lot more than just one step closer towards developing cancer, gout, gallstones, raised blood fat levels, deficiencies and kidney disease.

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Source:- IIPM Editorial, 2006