Preamble In my Macroeconomics Course in College, I was introduced to the Canons of Taxation are principles that guide the design of a fair and efficient tax system. Adam Smith, in his book *The Wealth of Nations*, introduced four fundamental canons of taxation: Equity: Taxes should be proportional to the taxpayer’s ability to pay. This… Continue reading Indexation and Canons of Taxation: Have We Learnt Anything from Angel Tax?
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The Oracle Returns
Background On December 20, 2021, Oracle Corporation and Cerner Corporation jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value. Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical professionals to… Continue reading The Oracle Returns
Why India is not selling its Healthcare Assets Under National Monetisation Pipeline (NMP) 2021?
Preamble On 23 August 2021 the government announced a National Monetisation Pipeline of INR 6 tn, (~2.6% of GDP), aimed at monetising its brownfield infrastructure to fund greenfield ones. Most of these projects will be concentrated in the roads, railways, and power sectors and no monetisation of India’s healthcare assets. NMP provides the guide to… Continue reading Why India is not selling its Healthcare Assets Under National Monetisation Pipeline (NMP) 2021?
Science of Politics of Covid Vaccine in India
Background India has finally developed a vaccine for Covid which was approved by the regulatory authority the DCGI and it now the front runner for production of vaccines in the world. This is a great moment for India’s scientific might and I want to congratulate all the scientists who have worked tirelessly to deliver this… Continue reading Science of Politics of Covid Vaccine in India