CA SUDHIR HALAKHANDI (PRACTICING CHARTERED ACCOUNTANT) (13196 Points)
12 January 2009WILL THE INDIAN ECONOMY SURVIVE EVEN AFTER THE BIG BIG SCAMS IN EVERY 5 YEARS?????
koolleo87
(1268 Points)
Replied 12 January 2009
The Satyam Scandal has done more harm to India s image as an investment destination abroad then all terrorist attacks since independence put together.
The Indian economy will definitely survive but will never be able to realise its full potential if these type of things keep on happening.
However, as the Madoff case has shown,. Its not India alone which is prone to '' economic terrorism ''. The government has to work now to restore Investor confidence amd root out corruption.
shailesh agarwal
(professional accountant)
(7642 Points)
Replied 12 January 2009
COMPANY MAY COME COMPANY MAY GONE BUT SHOW MUST GO ON
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
