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Sunday, April 5, 2026
TopicCentral taxes

Topic: Central taxes

Who are the real winners in the cloud services tax holiday

The Budget's measure is as much about anchoring hard assets and Indian ownership as it is about welcoming foreign clouds.

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.

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

Iraq’s long road to FIFA World Cup qualification is a story of survival, defiance

Historically, football has been used as a lens through which political anger, identity, and resistance come into focus. From Mohun Bagan to Didier Drogba’s Ivory Coast, this claim can be easily cemented.

SEBI proposes return of open market share buybacks to support stocks

Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.