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Homeyar Jal Tavaria is a professional accountant with interest in the science of accounts and audit, observer and commentator on macro economic commercial, financial and economic events, occasional blogger'. Less
April 30, 2026, 1:10 PM IST
The reality of Promoter driven Business Group concept as operative in India is that the ownership shares of companies that are managed by the Group within it’s Corporate umbrella will finally report to the Holding…
April 30, 2026, 1:10 PM IST
April 13, 2026, 3:15 PM IST
In the current economic world order as is developing, the employee is the weak link in the economic activity chain. It would be a truism to say that a very large part of the World…
April 13, 2026, 3:15 PM IST
March 30, 2026, 1:13 PM IST
We are in very confusing and irrational times today. We have 2 major powers (Russia & USA) caught in wars with countries – the consequence of which the leadership of both nations have not thought…
March 30, 2026, 1:13 PM IST
March 18, 2026, 12:54 PM IST
One of the most worrisome and rather tasteless human behaviours is to devalue the human being as having the least value in all human enterprise and activity. The few examples below will serve to drive…
March 18, 2026, 12:54 PM IST
March 6, 2026, 8:02 PM IST
It is a fact that history of post – Independence India cannot be complete without mentioning the Role of Public Sector Enterprises – the majority shareholding of these Enterprises being held by the Central /…
March 6, 2026, 8:02 PM IST
February 20, 2026, 3:20 PM IST
There is no doubt that India faces multiplicity of Laws (at the Centre) passed over many years to take care of eventualities and events as they arise during the nation development. The intent of the…
February 20, 2026, 3:20 PM IST
February 6, 2026, 4:46 PM IST
The annual budget for year 2026-27 was presented before Parliament by the Finance Minister Ms Nirmala Sitharaman on February 1, ’26. The broad breakup of the Revenue Budget numbers is given in the table below:…
February 6, 2026, 4:46 PM IST
January 23, 2026, 4:06 PM IST
All of us in India are aware that we are living in complex and rapidly changing times. The World of Globalisation, multi-national defence power pacts, Rule of Law covering Trade and national sovereignty issues –…
January 23, 2026, 4:06 PM IST
January 9, 2026, 2:37 PM IST
Every time a corporate announces an intended Acquisition of another corporate in the same or closely aligned business (assuming that both entities are listed), there are reverberations. The reverberations are financially analytical – discussions are…
January 9, 2026, 2:37 PM IST
December 25, 2025, 4:06 PM IST
All of us as world citizens should expect that there will be major changes in economic and financial course. This is a personal view but events and happenings are moving in this direction. The wind…
December 25, 2025, 4:06 PM IST
December 10, 2025, 11:07 AM IST
One of the great advantages touted for levying income tax is that it is a ‘progressive’ tax – the rate of income tax increasing as income levels increase. However, peculiar conditions of income tax charging…
December 10, 2025, 11:07 AM IST
November 28, 2025, 1:04 PM IST
One of the lessons supposed to be learnt to keep corporates ready for battle and ensuring that there is least disturbance when a senior executive retires or leaves the corporate is the Human Resource Department…
November 28, 2025, 1:04 PM IST
November 17, 2025, 3:26 PM IST
In earlier TOI Blogs, this writer has mentioned the inequity of the Income Tax Act and it’s provisions and why it is a regressive legislation for individuals. The main reasons why India’s Income Tax Act…
November 17, 2025, 3:26 PM IST
November 4, 2025, 1:01 PM IST
A study of World History shows that Human progress across centuries has been a witness to great disparity of income and wealth between the Upper Class and the Lower Class of citizens (with different strata…
November 4, 2025, 1:01 PM IST
October 28, 2025, 12:56 PM IST
Studies show that among the large economies of the World, India has among the highest proportion of GDP by promoter family businesses. Considering the importance of Business in shaping GDP contours, we have to accept…
October 28, 2025, 12:56 PM IST
October 14, 2025, 9:51 AM IST
The Indian financial edifice impacting the ordinary income tax payer (who can also be called the ‘savings class’) comprises mainly of Reserve Bank of India (RBI, covering banking sector), government revenue authorities (direct and indirect…
October 14, 2025, 9:51 AM IST
October 1, 2025, 10:22 PM IST
One of the dilemmas that India as a Nation faces is the relative non-acceptance in the political class that higher Rate of Growth facilitates improved per capita income. There is a strong belief that higher…
October 1, 2025, 10:22 PM IST
September 13, 2025, 1:22 PM IST
A question that arises is ‘what is gross national contentment? The easy way to answer this question is to look at what gives contentment to humans. Any person is contented when the following is available:…
September 13, 2025, 1:22 PM IST
September 2, 2025, 8:04 PM IST
In the business world, the corporate entity is distinct and special. It has a name and a life existence of it’s own and there are several stakeholders to any corporate entity. They mainly are: Shareholders…
September 2, 2025, 8:04 PM IST
August 21, 2025, 9:30 AM IST
Since the late 1980s and more particularly the collapse of the Soviet Union, globalisation momentum got unleashed and countries/corporates were forced to make their peace with these forces and learn how to manage and live…
August 21, 2025, 9:30 AM IST
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