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Thursday, April 30, 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

New promo video by PLA Navy is a teaser of China’s deep blue capabilities

Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.