Business Today readers give their feedback on the magazine's coverage
Business Today readers write to the Editor with their feedback on the magazine's coverage.
Business Today readers write in to the Editor with their feedback on the magazine's coverage-
Angry Worker
Having followed the BT 500 listings for almost five years now, I must say India's Most Valuable (November 11) is one of the best special issues on the stands. I felt the best of the package of stories was the one on raging labour issues, Why is He So Angry?. The story rightly highlights one of our biggest problems - that of compensation for blue collar workers, and their position in the company. We have all seen what happened at Maruti Suzuki's Manesar plant in July. There are many other unreported stories in other states, where companies have closed down due to labour unrest. Our government should look into these issues and see what exactly is going wrong as nothing is more important than creating jobs for our people and also ensuring everyone has equal rights.
Debasish Das, Kolkata
Suggestions
Your special issue India's Most Valuable Companies was very informative giving insights into all leading companies market cap, assets, income, etc. Being an employee of a logistics company, I request you to come up with a special issue on logistics firms of India and their future prospects. I would like an interview of Sachin Pilot if possible, to be featured in any of the next editions. He is one of the dynamic young politicians of India.
Sumit Agarwal, Howrah
Allegations Galore
Arvind Kejriwal's allegations against DLF and Robert Vadra, son-in-law of Congress President Sonia Gandhi drew national attention. But Business Today has pointed out that the DLF is deep in debt, facing its worst crisis (In the Dock, Nov 11). Now who will - or can - help whom? If Kejriwal has left out many politicians like Sharad Pawar, is it his double standard or is he keeping his powder dry for further attacks? Will he achieve his aim?
Jacob Sahayam, Thiruvananthapuram
Unnecessary Burden
You have rightly stated that "The retrospective tax amendments in last year's Budget violated basic principles of Indian law" (Healing Touch, Nov 11). The Lok Sabha passed the Finance Bill without any modification of the clause on retrospective taxation. Vodafone, for instance, is required to pay taxes with interest and penalty for an action it did not know would invite tax. Such a bad law is a blow to India's image on the global stage and that too at a time when India needs more foreign investors. Former Finance Minister Pranab Mukherjee has claimed India is not a tax haven where payment of tax can be avoided, but we should remember that taxation principles are clear on the fact that while tax evasion is illegal, tax avoidance or tax planning within the legal framework to reduce tax liabilities, is not. I feel this provision must be dropped it in the next Finance Bill - and with 'retrospective effect'.
Mahesh Kapasi, Delhi
From www.facebook.com/BusinessToday
In an uncertain situation, giving guidance is challenging: Subbarao: sane voice in an economic babble... Indian Economists Kejriwal targets RIL, accuses govt of collusion: Everyday he is raking up pointless issues, without any solutions.
Zaki Ahmad
Angry Worker
Having followed the BT 500 listings for almost five years now, I must say India's Most Valuable (November 11) is one of the best special issues on the stands. I felt the best of the package of stories was the one on raging labour issues, Why is He So Angry?. The story rightly highlights one of our biggest problems - that of compensation for blue collar workers, and their position in the company. We have all seen what happened at Maruti Suzuki's Manesar plant in July. There are many other unreported stories in other states, where companies have closed down due to labour unrest. Our government should look into these issues and see what exactly is going wrong as nothing is more important than creating jobs for our people and also ensuring everyone has equal rights.
Debasish Das, Kolkata
Suggestions
Your special issue India's Most Valuable Companies was very informative giving insights into all leading companies market cap, assets, income, etc. Being an employee of a logistics company, I request you to come up with a special issue on logistics firms of India and their future prospects. I would like an interview of Sachin Pilot if possible, to be featured in any of the next editions. He is one of the dynamic young politicians of India.
Sumit Agarwal, Howrah
Allegations Galore
Arvind Kejriwal's allegations against DLF and Robert Vadra, son-in-law of Congress President Sonia Gandhi drew national attention. But Business Today has pointed out that the DLF is deep in debt, facing its worst crisis (In the Dock, Nov 11). Now who will - or can - help whom? If Kejriwal has left out many politicians like Sharad Pawar, is it his double standard or is he keeping his powder dry for further attacks? Will he achieve his aim?
Jacob Sahayam, Thiruvananthapuram
Unnecessary Burden
You have rightly stated that "The retrospective tax amendments in last year's Budget violated basic principles of Indian law" (Healing Touch, Nov 11). The Lok Sabha passed the Finance Bill without any modification of the clause on retrospective taxation. Vodafone, for instance, is required to pay taxes with interest and penalty for an action it did not know would invite tax. Such a bad law is a blow to India's image on the global stage and that too at a time when India needs more foreign investors. Former Finance Minister Pranab Mukherjee has claimed India is not a tax haven where payment of tax can be avoided, but we should remember that taxation principles are clear on the fact that while tax evasion is illegal, tax avoidance or tax planning within the legal framework to reduce tax liabilities, is not. I feel this provision must be dropped it in the next Finance Bill - and with 'retrospective effect'.
Mahesh Kapasi, Delhi
From www.facebook.com/BusinessToday
In an uncertain situation, giving guidance is challenging: Subbarao: sane voice in an economic babble... Indian Economists Kejriwal targets RIL, accuses govt of collusion: Everyday he is raking up pointless issues, without any solutions.
Zaki Ahmad
