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La cartoon of cotton exports

on May 13, 2012

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E-Commerce exports from India: The engine for USD 1 trillion goods exports by 2030 – Part 2

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China's share in India's Imports: An analysis with focus on Intermediates and Capital Goods

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India's response to US tax rate cut

US has passed the bill to cut its corporate tax rate and IMF loves the move . The tax rate has been slashed from 35% to around 20%. That's a BIG cut which would make every organisation in the USA rethink its tax planning. The rethink has already begun at organisations like Apple , which reamined innovative in its tax planning all these years, and had stashed profits abroad to avoid taxes, and is now thinking of moving it back. Even domestic firms are looking at increased cashflows, e.g. Comcast as shown in figure below. Tax cut leads to higher cash flow to Comcast: Source Economist Before going further, let me sum up the changes envisaged in the corporate tax reform a) The corporate tax rates in US is being brought down from 35% to around 20% b) US is moving into territorial taxation system where the earnings abroad would be facing a one-time repatriation tax of around 15% on cash and and lesser on other assets. After this one time meas...

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Tirumala Venkatesh Kaggundi

La cartoon of cotton exports

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