Thanks for Visiting. We Have Some Fab Confederate Battle Product Information For You, So Please Have a Look Around!
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 Flag 3x5 US CONFEDERATE FLAG BATTLE SOUTHERN REBEL $5.75 Time Remaining: 29d 12h 29m Buy It Now for only: $5.75 Buy It Now | Add to watch list |
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 3X5 Confederate REBEL Battle FLAG Southern Choppers $7.95 Time Remaining: 24d 11h 25m Buy It Now for only: $7.95 Buy It Now | Add to watch list |
 New Large 2x3 Confederate Battle Flag of Alabama Flags $2.49 Time Remaining: 6d 43m Buy It Now for only: $2.49 Buy It Now | Add to watch list |
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 SOUTH CAROLINA CONFEDERATE BATTLE FLAG COMBINATION 3X5 FT POLYESTER BRAND NEW $5.99 Time Remaining: 2d 12h 43m Buy It Now for only: $5.99 Buy It Now | Add to watch list |
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 Rebel Confederate Dixie Battle Flag 3 x 5 NEW $6.99 Time Remaining: 22d 15h 29m Buy It Now for only: $6.99 Buy It Now | Add to watch list |
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More Great Information on Confederate Battle:
International business warns India   by Jonathan Saxty
International trade organisations representing 250,000 companies have warned Indian Prime Minister Manmohan Singh that new tax proposals are leading foreign investors to question their investments in India, according to Reuters.
Last month's budget outlined proposals which would allow authorities to make retroactive tax claims on overseas deals and bring in new anti-tax-avoidance measures.
Chandrajit Banerjee, director-general of the Confederation of Indian Industry, said business was "extremely concerned" about the country's growth trajectory. He warned that under-investment and high borrowing costs threatened to curb India's economy.
"There are very few developments in the country, which can be termed as confidence boosters," Mr Banerjee said. "The current situation of the Indian economy is induced largely by domestic issues…the corrective actions are very much in the hands of domestic policymakers."
Local business elites like Ratan Tata, the chairman of the Tata Group has ruled out new acquisitions and told his employees to brace for austerity. He is turning to other growing Asian countries such as Malaysia, Indonesia and Thailand rather than India.
Outward investment by Indian companies could be a "reflection of the scarcity of opportunities at home," according to former Indian finance minister Jaswant Singh. Rising interest rates, inflation and political gridlock amid a spate of corruption scandals have impeded foreign and domestic investment.
Corruption in India has compounded an already "unpredictable regulatory environment, inadequate infrastructure, and a sluggish, monsoon-dependent agricultural sector." Failure to contain prices, pursue economic reforms, attract FDI, advance infrastructure, manage expenditure and avoid liquidity crunches all add to India's woes.
"The sudden and unprecedented [tax] move has undermined confidence in the policies of the Government of India towards foreign investment and taxation and has called into question the very rule of law, due process, and fair treatment in India," said the letter whose signatories included the US Business Roundtable, the Confederation of British Industry, the Japan Foreign Trade Council and Canadian Manufacturers & Exporters.
"This is now prompting a widespread reconsideration of the costs and benefits of investing in India," continued the letter. India's reputation among investors has taken a battering over the past year, as the government battles endemic corruption, as well a botched attempt to allow foreign supermarkets into the country and a long-running stand-off with South Korea's POSCO over a US$12 billion steel plant.
Foreign direct investment slumped from US$24bn to US$19bn in 2011 as the economy grew the weakest in nearly three years. A long-running tax struggle between Britain's Vodafone Group - which is India's largest overseas investor - and the Indian government has come to symbolise the perils to foreign investors.
Vodafone won a five-year legal battle when India's Supreme Court dismissed a US$2.2 billion tax demand from authorities over the company's acquisition of Hutchison Whampoa Ltd's Indian mobile assets in 2007.
According to Reuters, "that ruling was hailed by business groups as a victory for clarity in the country's investment climate, which has suffered due to policy paralysis, regulatory uncertainty and widespread corruption allegations against the government."
But the new policy to retroactively impose tax on deals conducted overseas where the underlying asset is located in India allows New Delhi to pursue tax on long-concluded transactions.
"Some of our member companies had already begun re-evaluating their investments in India due to increasing levels of controversy and uncertainty regarding taxation in recent years," the letter said. Vodafone said last week it was considering taking action against the proposal, which it said was "grossly unjust".
Policy confusion in India's telecom sector over the tainted allocation of mobile licenses in 2008 has seen Abu Dhabi's Etisalat announce the winding down of its Indian operations. Norway's Telenor has been embroiled in a dispute with its Indian partner, Unitech, and has said it would seek to migrate the business to a fresh venture with a new partner.
The tax proposal, if written into law, could also affect Kraft Foods acquisition of Cadbury's Indian business and deals involving Indian assets sold by AT&T Inc and SABMiller Plc's purchase of Fosters.
The letter went on to say that plans to expand the definition of "royalty" retrospectively to 1976 would affect companies such as Ericsson. "There appears to be an assumption, often expressed by Indian tax authorities, that India's ability to attract foreign investment is not affected by its taxation policies and practices. This simply is not the case."
"India will lose significant ground as a destination for international investment if it fails to align itself with policy and practice around the world."
About the Author
Jonathan is a barrister and holds a degree in criminology from the University of Cambridge. He writes for Virtue Politics
Don't you just love the Confederate Battle Flag?
It flys over the Capitol of my home state, and in the front yard of my home. My hero is Jefferson Davis, who said: "the truth though crushed to the ground, like a seed will rise again."
Hello, Its fine for the old south and her history and culture but I cannot for the life of me why I see it in the northern states and well into Canada itself who had nothing to do with the Civil War. Anyway I have always figured that the Civil War really never ended - last man on the battlefield yes but all the pride, animosity and ill feeling still linger. The Battle flag certainly reminds us non Americans of that. Cheers, Michael Kelly