Its grand success requires that the tax burden be moderate, coverage comprehensive, administration use cutting-edge technology, and dispute resolution swift and fair.
To create 400 million jobs, India needs to reimagine the challenge as one of employed poverty rather than unemployment. High wages need high productivity employers.
Corrections do not negate the unequivocal benefits that accrue from a rising stock market- drop in cost of equity capital and shift in household savings to financial assets.
This generation is creating new grammar for social and professional existence. They are reimagining the very concept of work, identity, and social belonging.
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