MARK OF MAN
Prime Minister Manmohan Singh has been quick to leave his mark on the finance ministry. Instead of taking quick decisions on contentious tax issues, Manmohan has appointed two committees to examine the issues and make recommendations. One committee, headed by Indian Council for Research on International Economic Relations Chief Executive Parthasarathi Shome, will examine the vexed GAAR proposals announced by Pranab Mukherjee in the Union Budget. The second committee, headed by former CBDT chairman N. Rangachary, will examine taxation issues for the IT sector. The snail marches on.