• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

This is with reference to "Budget: Not in sync with times" (Business Line, March 16). For the growth of the economy, transparency of government policy is as important as provision of infrastructure or political climate.

The tax regime should not upset planning and projections by springing surprises such as introduction of retrospective tax or Minimum Alternate Tax. Besides, if retrospective taxation is made legal, what is the guarantee that the next government will not deny the promised MAT-adjustments?

H. R. Banerjee

Pune

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

More Stories on : Letters | Budget

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Deadline vs. development

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line