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Tuesday, March 26, 2024
TopicDirect taxes

Topic: Direct taxes

Tax doctors on research grants by drugmakers, says govt panel reviewing pharma marketing practices

Five-member panel suggests doctors can't be given brand reminders exceeding Rs 1,000 each, Uniform Code of Pharmaceutical Marketing Practices to remain voluntary, but strengthened.

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.

Reduce meat eating to meet climate goals. Direct tax is a solution

Other types of regulation like rules on animal feed or manure run the risk of putting domestic livestock farmers at a disadvantage. Here's how a tax can help.

CBDT extends due dates under Direct Tax ‘Vivad se Vishwas’ Act, 2020 till 30 September

Considering the difficulties being faced in issuing and amending Form no 3—which is a prerequisite for making payment by the declarant - the last date has been extended, CBDT said.

India’s direct tax collections double to more than Rs 1.85 lakh crore in 2021-22

The gross collection of direct taxes for this fiscal stood at over Rs 2.16 lakh crore, compared to Rs 1.37 lakh crore in the corresponding period of the preceding year.

Budget 2021 is taxpayer friendly — plugs abuse of welfare schemes, respects honest taxpayers

Nirmala Sitharaman's Budget proposals regarding investment in infrastructure, heath and other sectors are capital intensive and will usher significant funds in the Indian economy.

Direct tax collection contracts in April-Feb period, Rs 3.5 lakh crore now needed in March

A slowdown in economic activity is likely to further hit collections. Modi govt is banking on positive response to dispute resolution scheme to meet targets.

Ayodhya Trust, Kejriwal on front page, pink papers divided on ‘Vivad se Vishwas’ bill

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

Slow growth in tax collections rings alarm bells, govt forms committee to augment revenues

Direct tax collections are growing at around 5% against a budgeted 17% growth and GST revenues have been growing at nearly 12% against a budgeted 15% growth.

Modi’s new govt plans to cut income tax rates, widen tax base

Direct tax reform to take centre stage in Modi's second term. Taxation process to be eased for honest taxpayers.

On Camera

3 survey results that tell us what Indians think about democracy — and it’s not a simple story

The search for a permanent and coherent popular meaning of democracy is futile. The Pew report underlines this ever-evolving tendency of popular democracy in the Indian context.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Indian Coast Guard’s pollution control vessel visits Philippines, Vietnam, and Brunei

The ICG Samudra Paheredar will be in the region for three days, visiting ports in Manila, Ho Chi Minh, and Muara.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.