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January, 17, 2017

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Business > Asia > India
Businesses hopeful as India overhauls complex tax law
When trader Vivek Mehra buys artwork from the remote corners of India, he braces himself for a world of pain as he navigates the country's notoriously complex tax system.
 
India's upper house of parliament on Wednesday passed a landmark tax reform bill that will pave the way for the introduction of a new national sales tax, creating a common market across the country for the first time.
 
India firms perform best, China worst on transparency: survey
India has the most transparent companies while Chinese firms are the most opaque, according to a global anti-graft watchdog's survey released Monday that assesses efforts by emerging market companies to fight corruption.
 
India seeks new bilateral investment treaties in bid to protect government from foreign lawsuits
India has triggered the escape clause on dozens of bilateral investment treaties, aiming to renegotiate toward securing better protection from foreign litigation.
 
An Indian Muslim woman buys corn from a roadside vendor in New Delhi on July 9.
 
India reserve bank governor to resign
The popular Reserve Bank of India governor Raghuram Rajan will step down when his term ends in September to return to academia, he said in a letter published Saturday, ending intense speculation over his future.
 
Netting a final catch
Indian fishermen collect gargour traps after repairing them during sunset on the last day of the fishing season at the Jumeirah fishing harbor in Dubai, United Arab Emirates on Friday, June 17. Most of the fishermen in the country will travel to their home countries before they come back in about 3 months to start the new fishing season.
 
Scissor brothers
Workers sharpen scissors inside a workshop in Kolkata, India on Thursday, June 9.
 
India's central bank chief Raghuram Rajan joked Tuesday that it would be "cruel" to end intense speculation surrounding his future as he held interest rates in the world's fastest-growing large economy.
 
New dam
In this photograph taken on Thursday, June 2, the Salma Hydroelectric Dam is seen at Chishti Sharif in Afghanistan's Herat province.
 
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