According to the data available for the taxation year 2014-15, there are 3.65 Crores filing Income tax in India. This is less than 3% of the Indian population. The moot question is of what proportion of the remaining 97% is actually evading taxes. This is a conversation between a student and his professor.   Student:         …

Dec 15, 2016 is a very important day for the financial market. The US Federal Reserve chairperson Janet Yellen called the shots by nudging the discount rate from 0.5 to 0.75%. Even though it is only a 25 basis point, it has happened after nearly 3 years. In her reporting she said that we can…