"Now today, it feels that the law does take some time, but eventually you get justice. It's a great feeling of relief and I must say that the faith in the judiciary is definitely restored", says Deep Kalra, Chairman and CEO, MakeMyTrip.
Mukesh Bhutani of BMR, in an exclusive interview with CNBC-TV18 discusses the nuances of another fuel price hike. Bhutani says that “out of every Rs 100 on petrol, Rs 45 comprises of taxes.” He also says that the government is out of options to re-jig customs and excise duty, since, it is bound to have “direct impact on the tax collections.”
It seems the commerce and the finance ministries are heading towards yet another face off—this time on the levy of minimum alternative tax on SEZs that was announced in the budget. Which ministry will have the last word on this tussle? Experts answer.