Santosh Tiwari

Articles By Santosh Tiwari

285 Articles

Tata group row: Cyrus Mistry makes the right move, but little late

As a former chairman of the Tata Group, and also a large shareholder himself, Cyrus Mistry would have done well by trying to ensure that shareholders’ interests in the group companies were protected while his battle for ref

Santosh Tiwari News

Why PM Modi, the ‘great gambler’, needs to lower income tax burden now

Prime minister Narendra Modi believes in big gambles, and the demonetisation of R500 and R1,000 notes is just one of those. He needs to broker a breakthrough on GST and lower income tax burden to turn the tide in his favour n

Opinion News

GST loss of face will be a big blow to PM Narendra Modi

Continued disruptions in Parliament have almost derailed the winter session completely and also the hope of meeting the proposed April 1, 2017, target for implementing the Goods and Services Tax (GST). While there is a view t

Santosh Tiwari News

RBI right in adopting a wait-and-watch policy for now

The demonetization of Rs 500 and Rs 1000 notes has no doubt added to the uncertainties in a big way and the Monetary Policy Committee has done well by keeping the policy interest rates unchanged.

Santosh Tiwari News

Thanks to demonetisation, forget GST now

The opposition unity led by the Congress party and Trinamool Congress leader Mamata Banerjee on demonetization appears set to derail implementation of the goods and services tax (GST) from April 1 next year.

Santosh Tiwari News

Dragging RBI in the demonetization muddle is dicey

There is no doubt now that the demonetization of  Rs 500 and Rs 1000 notes has been handled poorly by Prime Minister Narendra Modi and his team, but what is worrying is the question raised on the Reserve Bank of India (RBI)

Santosh Tiwari News

Just getting new notes for Rs 500-1000 may not save you from government wrath

The government is all set to thoroughly scan the deposits of the old Rs 500 and Rs 1000 which have been exchanged with the new currency. Senior officials of the government visiting the states and UTs to study the impact of th

Santosh Tiwari News

PM Narendra Modi must not let demonetisation derail Parliament

It will be a mistake to fritter away the critical gains made in Parliament in passing important reform legislations like the Real Estate and Goods and Services Tax (GST) Bills in the last one year due to the mishandling of th

Santosh Tiwari News

PM Modi must go beyond the withdrawal of Rs 500, 1000 notes

While it is true that Rs 500 and Rs 1,000 notes are one of the biggest facilitators of black money transactions and unaccounted income, but the real challenge is to curtail the creation of black money, and for that, Prime Min

Santosh Tiwari News

Ignoring Rahul Gandhi’s elevation could be a big mistake

Rahul Gandhi taking charge as Congress president will infuse fresh energy in the party cadre, but his success in the 2019 Lok Sabha election will depend on how far he succeeds in bringing the non-NDA political ranks together.

Santosh Tiwari News

PM Narendra Modi must settle Vodafone, Cairn tax cases now

Given that British Prime Minister Theresa May appears set to take up Vodafone and Cairn retrospective tax cases in India, Prime Minister Narendra Modi will do well by offering an amicable settlement of these two big cases.

Santosh Tiwari News

Sebi to look into Cyrus Mistry’s removal from Tata Sons as chairman

The Securities and Exchange Board of India (Sebi) is expected to examine the issues of corporate governance raised by Cyrus Mistry in his letter to the board members.

Santosh Tiwari News

GST with Cess may be suicidal

The idea of putting cess on luxury items and sin goods for compensating states for any possible revenue loss is a bad idea. It is against the very basics of goods and services tax (GST) of a simple and non-cascading tax struc

Santosh Tiwari News

GST reaches the crucial rate test hurdle

The ideal minimal and moderate rate structure will have to wait and multiple rate slabs appear to be the most likely choice for now as the GST council holds its three-day meeting from tomorrow, to decide on the issue.

Santosh Tiwari News

Finmin sending confusing signals in MakeMyTrip case

Around a week ago, the tax department signaled to the world – in the MakeMyTrip case – it continued to hold the view, even after the Delhi High Court admonishment, that it was perfectly all right to arrest an individual o

Santosh Tiwari News

Urjit Patel sticks to no flamboyance, only substance policy

The 25 basis points repo rate cut and optimism about growth in RBI Governor Urjit Patel’s first monetary policy announcement will boost sentiments across the board.

Santosh Tiwari News

Futures and derivatives: How to make farming less of a gamble for farmers

Futures and derivatives-trading are frowned upon in India for being speculative. But these instruments can make farming less of a gamble for farmers than it is.

Opinion News

What the next budget will be, Finance secretary, Ashok Lavasa, explains

The Budget will be essentially for a year, but whatever schemes are there in the Budget which will go on for a longer period of time those schemes will be crafted on the basis of the envelope which is available for the next t

Opinion News

With budget gone, Indian Railways needs a strong regulator now

No Rail Budget is fine, but the real reform will be a Rail Regulator backed by law and not just a government appointed one that lacks teeth.

Santosh Tiwari News

Only fare hikes can’t deal with Indian Railways’ Rs 33,000 cr losses

A NITI Aayog study has found that inefficiency in the cost structure is also a major contributor to the losses and cost optimization and non-fare revenues also need to be tapped to deal with the losses in the passenger segmen

Santosh Tiwari News

Why only Rail Budget, scrap General Budget too

The practice of waiting for the next year’s Budget to announce major policy and taxation decisions must be done away with and the General Budget should also be limited to presentation of the expenditure and revenue statemen

Budget 2016 News

GST law is a reality now, but don’t expect a quick implementation

In the absence of an agreed model GST structure, the current law will just remain on paper, and getting all the states on board for this, probably, is going to be a more challenging task than getting the GST constitutional am

Santosh Tiwari News

Rail fare rationalization bound to happen: Bibek Debroy

It was Bibek Debroy panel on the restructuring of Indian Railways, which talked about scrapping the Rail Budget first.

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Black money SIT must be cautious on use of RBI data

While asking Reserve Bank of India (RBI) to share foreign exchange transaction data with the enforcement agencies may help in tackling black money, the SIT must also tell the government to weed out the...

Santosh Tiwari News

Smriti Irani masterstroke: Keep private deemed universities out of CAG ambit

While there is a need to curb unscrupulous practices in privately run deemed universities, CAG audit on all of them would be a disincentive for the serious players. Former HRD minister Smriti Irani did well by limiting the CA

Santosh Tiwari News

‘PM Narendra Modi must reject Ramdas Athawale’s 25% general caste quota proposal’

Union minister of state for social justice Ramdas Athawale should have suggested innovative ways to provide better education to the economically weaker that is more critical for getting jobs than additional reservation.

Santosh Tiwari News

Indo-US business dialogue plan a big gain for PM Modi

While continuous industry and government deliberation between both the countries will help fix issues related to trade and business, it should also lead to creating a solid platform for investments and trade exchanges like a

Santosh Tiwari News
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