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Originally Posted by selva1966
MNCs do not decide investment on excise alone. Demand for goods, cost of labour, quality of workforce and so many other factors are taken into account. Moreover all the excise collected by the Governement are not gifted to Taiwan.
It is used for investment, development, defence and other expenditures. Further nearly 45% of excise collected is returned to the state goverment.
Anti dumbing duty will take care of that.
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And what exactly does the state government do with all the taxes collected. You know better than mine. A survey say if government actually does the work collected from taxes with out corruption it will need just half of the money to get the work done from the taxes.
Hmmm Anti dumping duty is great !Does it work ?
Sony and Panosonic is already out of india. And those cheap imports from china don't even consider Anti-dumping law as a detterent.
IT industry ,BPO the new emerging india. What does government reward us with. 12.5 percent service tax on Call Centres!
Kill us all! and be merciless. Lets see what happens when the hen that lays golden egg is slain!