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India not as corrupt as China and Russia: Fitch

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No one knows about China perfectly.
China is completely opaque,government controls everything there,no transparency.These are just guesses,i feel.China doesn't give information to it's citizen,forget foreigners! :lol:
 
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No one knows about China perfectly.
China is completely opaque,government controls everything there,no transparency.These are just guesses,i feel.China doesn't give information to it's citizen,forget foreigners! :lol:

:coffee: So we may be least corrupt.
 
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India not as corrupt as China and Russia: Fitch

NEW DELHI: India is not as corrupt as China and Russia, according to the global credit rating agency Fitch.

The country, however, suffers from excessive regulation and tax laws, which is concern for foreign investors, Fitch Group Managing Director for Corporate Rating Richard Hunter told PTI in an interview.

"We will certainly rank India well below Russia and China when it comes to concerns about corruption. Really big concern about India is regulation and tax treatment," he said.

These comments come at a time when the nation is facing a plethora of corruption cases relating to allocation of 2G spectrum, conduct of Commonwealth Games , allotment of flats in Adarsh Housing Society and Devas-Antrix deal.

Hunter further said that the recent corruption cases have not dent the confidence of investors in India, adding that "Corruption is certainly not a specialty in which India will win the gold medal."

However, he said, domestic and foreign investors are concerned about the burdensome regulatory regime in India.

"Corruption is something that does deter investors much more in China. There is respect for Indian legal system," he said.

Hunter said the rating outlook for most Indian companies is stable for the current year.

India not as corrupt as China and Russia: Fitch - The Economic Times

for first bolded part-
India is going to cancel many taxes and is gonna introduce goods and services tax(GST). so we can expect this tax will simplify tax structure of our country.


for second bolded part-
true. indian legal system is good and keeps control on political corruption. it is not possible in china. in china party has all power. in India , supreme court has superb powers.
 
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bullshit !!!!!

i have yet to come across a coutnry as corrupt as india. this guy got no bl00dy idea.

in india you can kill someone and get out.

india have maximum amount of money in black and max amount in swiss banks.

every new day you hear about new billion $ scam, and its passed away just like bofors.

china is way better for its poor and underprivileged. in india a work is done with both, money and i know somebody who knows somebody in authority.
 
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Hahahahha

"Google 'India' and 90% news articles are from Indian sources. Google 'China' and 90% are from western sources"

Anyways, India seems to be better than China in every way according to Indian news. Hahaha.
 
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Hahahahha

"Google 'India' and 90% news articles are from Indian sources. Google 'China' and 90% are from western sources"

Anyways, India seems to be better than China in every way according to Indian news. Hahaha.

watever satisfies ur hahahhahhahah;)
 
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