Kotak backs lower personal I-T, not higher corp taxes
Mint Mumbai|January 07, 2025
India should look to reduce income tax for individuals than raise it for companies to shrink the gap between the two, veteran banker Uday Kotak suggested.
Gopika Gopakumar & Satish John
Kotak backs lower personal I-T, not higher corp taxes

Raising corporate income tax rate when the economy needs to revive animal spirits would send out a wrong signal, the Kotak Mahindra Bank founder said. Kotak, who stepped down as the bank's CEO last year, now helms his family office USK (Uday Suresh Kotak) Capital.

Bu hikaye Mint Mumbai dergisinin January 07, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Mint Mumbai dergisinin January 07, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MINT MUMBAI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financing India's Future Growth Is a Challenge That Must Be Met
Mint Mumbai

Financing India's Future Growth Is a Challenge That Must Be Met

Policy should aim to boost private investments and deepen a corporate bond market in need of long-horizon participants

time-read
4 dak  |
January 10, 2025
Mint Mumbai

Working for women leaders: An invaluable privilege

Arriving 30 minutes late for a job interview three decades ago had left me out of breath, sweaty and close to a panic attack.

time-read
3 dak  |
January 10, 2025
A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed
Mint Mumbai

A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed

The US retailer has a loyal base of shoppers that it's unlikely to lose

time-read
3 dak  |
January 10, 2025
Mint Mumbai

Let's take cues from Piketty to raise India's tax revenue

When it comes to budgeting, there are some revenue streams that are linked with broader growth in the economy.

time-read
4 dak  |
January 10, 2025
Wealth tax: Let's judge it by principles of taxation
Mint Mumbai

Wealth tax: Let's judge it by principles of taxation

Tax canons laid down by Adam Smith remain relevant, though his list has been extended. Test the idea of a wealth tax against these, lest we get carried away by progressive idealism

time-read
2 dak  |
January 10, 2025
Mint Mumbai

Hacked in 2024? India's privacy rules require you to take action

Draft digital personal data protection rules demand that data breaches be reported retrospectively

time-read
3 dak  |
January 10, 2025
Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025
Mint Mumbai

Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025

Remember that social media is for fun, and not serious topics such as personal finance advice

time-read
3 dak  |
January 10, 2025
Mint Mumbai

MFD, RIA, RA: Explore your career as a financial adviser

Understand the earning potential, licensing and compliance to choose your best suited path

time-read
4 dak  |
January 10, 2025
Top 5 AI Trends To Watch In 2025
Mint Mumbai

Top 5 AI Trends To Watch In 2025

From agentic systems to humanoids, AI is everywhere. But ethical concerns remain over its growing role

time-read
8 dak  |
January 10, 2025
Health insurance claims: How to ensure grievance redressal
Mint Mumbai

Health insurance claims: How to ensure grievance redressal

My health insurer recently rejected my claim, citing my inability to provide key internal hospital papers that they require. Despite having submitted all other necessary documents, they are insisting on these specific papers, which I am unable to obtain from the hospital. I believe my claim is valid and that I have complied with all the necessary documentation required. What are my options to ensure that my grievance is handled fairly and my claim is reconsidered?

time-read
1 min  |
January 10, 2025