Given the economic slowdown and the fact that the government last fiscal missed its direct tax collection target, an income tax cut is unlikely, say sources.
At JNU conference, social scientists, economists, political commentators and activists speak on poverty, inequality, Indian agrarian distress & shape of economy.
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.
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Newspapers observe Mahatma Gandhi’s 150th birth anniversary with special coverage mostly in the form of commentary from guest writers on different aspects of...
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
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.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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