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Saturday, February 21, 2026
TopicConsumption tax

Topic: consumption tax

Japan PM Fumio Kishida ‘to sack deputy finance minister’ over delinquency on tax payments

Report of Kenji Kanda’s firing comes in the backdrop of poll by broadcaster FNN which shows approval rating for Kishida’s cabinet reaching a record low of 27.8%, 7.8 points below last month.

SubscriberWrites: GST: A panacea

It would ideal that we have only one tax law for the entire country—One Nation, One Tax. It should be such that it calculates the tax due and recovers it too.

Tax evasion threatens India’s budget goals amid economic slowdown

Poorer tax compliance is adding to the govt's revenue collection woes as consumption, which contributes almost 60% of India’s GDP, takes a knock.

India’s falling rupee has a silver lining – Rising software exports

Services exports, which mainly comprise software, has climbed to 7.3% of GDP in June from 6.8% in March 2017.

On Camera

Why legal provisions are necessary to curb the power of trade unions: MH Mody

The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Embraer moves full throttle in pursuit of IAF contract, ties up with Hindalco after Adani

IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.