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Sunday, August 17, 2025
TopicCustoms and Indirect Taxes

Topic: Customs and Indirect Taxes

Under Modi govt, number of crorepati taxpayers has risen by 60%

Central Board of Direct Taxes chairman Sushil Chandra says these numbers are a result of a number of efforts by the tax department over the last few years

Income-Tax department needs to stop thinking that it is the ‘real’ IRS

A rupee collected by indirect tax officers has as much worth to the nation’s well-being as a rupee collected by direct tax officers.

On Camera

Mahindra is gearing up for future buyers. Unveils limited edition ‘Bat’ BE6, 4 new concepts

This is the first time Mahindra is making an ‘all-in-one’ platform like global carmakers. However, it will most likely skip hybrid vehicles.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?