The I-T dept Thursday released time-series data on direct tax collections between 2000-01 & 2023-24, showing an increasing reliance on direct taxes versus indirect taxes.
In FY22, the government had collected Rs 14.12 trillion as net direct tax. Personal income and corporate tax make up most of the country's direct tax mop up.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
The govt must hike the corporate tax steeply. Corporates are not investing. Neither are they creating enough jobs for the labour force.
They simply do not deserve the low tax rate they have enjoyed over the last 10 years under the BJP govt. It’s high time the govt hikes it.
The govt must hike the corporate tax steeply. Corporates are not investing. Neither are they creating enough jobs for the labour force.
They simply do not deserve the low tax rate they have enjoyed over the last 10 years under the BJP govt. It’s high time the govt hikes it.