Taking India back to future

The government has provided a long-term vision, avoiding any "big-bang" reforms but the devil will be in the details of the implementation, say Business Standard experts while assessing the Budget for 2015-16 Read more »

Governance pain of public banks

Dual regulation by the finance ministry and RBI, political influence in lending and appointment of board members have taken a toll on governance standards Read more »

Budget 2015 would also need reforms in Customs

One of the risks is to get swayed by the idea that exemptions bring popularity Read more »

TDS on payment to foreign consultant

A weekly selection of key court orders Read more »

Bumps ahead for Financial Code future

With many sections of the financial market unhappy about certain provisions of the FSLRC report, changes are likely in the modified draft Read more »

Three approaches to budget-making

The law governing manufacturing is replete with obsolescence on multiple counts Read more »

Triangular litigation over power tariff

There has been a spate of litigation between electricity generation and distribution companies, regulatory commissions and industrial consumers over tariff since the new Electricity Act came into force in 2003. The Supreme... Read more »

Apps speed on, law to catch up

Listing taxi service aggregators under the IT Act is innovative, but the need of the hour is a uniform law Read more »

Audit committee apathetic towards internal audit?

Intensive engagement with the internal auditor is needed to understand challenges it faces in achieving excellence Read more »

Quibbling on services and goods

There is a mass of judgments on the question whether a state government can levy tax on works contracts which involve elements of both service and sale of goods Read more »