Tag Archives: bjp promise

Why OROP Issue Was a Pre-poll Miscalculation by Modi?

The One Rank One Pension (OROP) scheme that was hanging on the Finance Ministry for over five years, both the Congress-led UPA government and the BJP-led NDA government under Narendra Modi should own the responsibility for perpetuating it despite full knowledge that it was beyond mere political calculations involving a huge dent on the exchequer. While the Congress relented just ...

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India Rekindles FII Fear with Retrospective Tax Demand

Despite the massive uproar over Vodafone’s retrospective tax demand case, the current government has rekindled fears with 100 Foreign Institutional Investors sent a tax demand amounting to $5 to 6 billion for what it termed “untaxed gains”. The repetitive retrospective tax demand has sent the FIIs into hectic parleys crying foul over the new notice despite promises made by finance ...

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