A Vision of the Twenty First Century Like that of most others, my vision of the country in the twenty-first century is also tempered by hopes of betterment in all aspects of living. Considering the progress Indian society has made so far, particularly in the period following Independence, such hopes are reasonable and certainly not unfounded. By believing in the dictum that ‘the future is merely an extension of the present’,...

Taxation Josephine, Emperor Napoleon’s wife, is reputed to have made the famous remark about the certainly of death and taxes. About two hundred years later, even in the age of tax havens and tax-free investment options, taxation is as relevant to society as it has ever been. In the tax havens of the present, though income and investments may not be taxed, the services these havens provide to the public are...