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Tuesday, December 2, 2025
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

Media ownership isn’t perfect. It’s worse under Trump: Martin Baron, ex-Washington Post editor

Project Syndicate Deputy Managing Editor Rachel Danna sat down with Martin Baron, former executive editor of the Washington Post, to discuss the state – and fate – of journalism today.

India picks up non-sanctioned Russian oil as discounts widen

The purchases confirm a cautious return to Russian oil, though overall spot purchases remain limited. Trade talks between US and India are ongoing.

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.