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Azim Premji cautioned states against diluting already lax labor laws..

(Among the few business leaders who speaks his mind)

Read more at: bloombergquint.com/business/billi…
.@PayaswiniLLB analyses the broad impact of labour law changes.

bloombergquint.com/law-and-policy…
The FMspoke of the centre's efforts in consolidating and rationalising labour codes.

Atul Gupta writes the changes proposed by states go above and beyond anything planned by the Labour Codes in many ways.

Read more at: bloombergquint.com/coronavirus-ou…
The low road to industrialisation has never led to development success, cautions labour economist Jayati Ghosh. (@Jayati1609)

bloombergquint.com/coronavirus-ou…
While Indian states are trying to suspend labour protection and make it easier for employers to sack workers, many other countries are trying to minimise lay-offs, writes Pranab Bardhan

(He is in favour of an overhauling of labour laws, but...)

bloombergquint.com/opinion/covid-…
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menaka doshi
@menakadoshi
Supreme Court slams government for not making recoveries pursuant to AGR judgment.

Justice Arun Mishra: How can desk officer say no recovery will happen ? Can a desk officer now stay the order of the Supreme Court? Who is this desk officer ? Let us wind up this Supreme Court
Justice Mishra to SG: Your desk officer has the temerity to sit over our order and stay our order?

Is this an outcome of the money power ? If not then what is this?

@arpanc_ reports
Justice Mishra: Call the desk officer here? We have to draw contempt against the officer and companies.

What is the respect to a Supreme Court order? Not even a penny has been deposited so far.

@arpanc_ reports
Read 7 tweets
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menaka doshi
@menakadoshi
#Markets in #2019...in charts.

The year in which big got bigger.
The ones on the left...better luck next year. The ones on the right...don't drink and drive tonight.
The Six Samurai.
Read 5 tweets
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menaka doshi
@menakadoshi
So companies can now choose which tax bracket they want to be in. 30+% with incentives. Or 22+% without. Or start a new manufacturing company to avail 15% tax rate.

bloombergquint.com/business/finan…
First immediate impact is corporate bottomlines (profitability).
Hence earnings re-ratings.
Stock markets celebrate.
Sensex, Nifty up 6% or so

bloombergquint.com/markets/corpor…
But not all companies will benefit equally (ofcourse)

For instance,

The effective tax rate of Nifty companies on an aggregate basis was 26% which will now come down to 25.17%. - Kotak Securities
Read 15 tweets

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