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Saturday, November 1, 2025
TopicCentral taxes

Topic: Central taxes

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

Govt’s 1% TDS on crypto transactions led to Rs 3,500 revenue loss, finds think tank

Tax imposed last year led millions of users to shift to offshore platforms for their cryptocurrency transactions, says report by Esya Centre.

Suit-boot ki sarkar? Most tax breaks under UPA went to corporates, individuals gain more under Modi

Data shows 'revenue foregone' due to tax incentives mostly benefited corporates in 2004-05. Situation improved by 2013-14, but individuals became main beneficiaries only under Modi govt.

Modi govt must consider raising some tax rates. There is no other way out

The central tax revenues as a share of GDP have fallen. The Covid impact has worsened the situation. Now it’s time to raise rates on under-taxed forms of income and wealth.

Manish Sisodia demands Delhi’s share in central taxes from Nirmala Sitharaman

Delhi Deputy CM Manish Sisodia, who also holds the finance portfolio in Arvind Kejriwal's cabinet, said Delhi has not been given any share in central taxes since 2001.

J&K will be extra special — it will be only UT to get central funds from finance panel

The Modi govt’s J&K Reorganisation Bill provides for the new UT of Jammu and Kashmir to be given more funds and financial security.

On Camera

Age-gap romances are tricky in India. Here’s how Bollywood navigates them

Cheeni Kum challenged many conventions. It didn’t shy away from addressing concerns of a man in his sixties, from ‘keeping up’ with his much younger partner.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.