Par value of shares – An outdated concept
Source: Financial Express Par value refers to the fixed value that is assigned to each share issued by a private or a public company. Also referred to as the nominal or face value of the shares, it remains the minimum value that...
Column: Clarification raj
Source: The Financial Express The regulators’ wide discretionary powers and ambiguous legislation are hurdles for a stable legal framework. Economist and author Adam Smith famously observed, “If a society provides a stable and...
Dr. Shome: Taxpayer = “customer”, DTC needs “sharpening”
Taxsutra The last couple of years have been eventful on the tax policy and administration front. From GAAR to retro amendments, DTC/GST and big ticket multi-billion dollar tax litigations, India has made global headlines. The man...
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