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Tuesday, August 12, 2025
TopicIncome Tax rate

Topic: Income Tax rate

Just 1-2% Indians pay income tax. Lower the rate to widen the base

ThePrint view on the most important issues this week.

Should India go big or small? Lessons from governments of the UK and East Asian countries

India's govt sector is large compared to East Asia. Yet, we have poor-quality public services. It might be prudent to take a look at what they actually deliver and at what cost.India's govt sector is large compared to East Asia. Yet, we have poor-quality public services. It might be prudent to take a look at what they actually deliver and at what cost.

Cut taxes & simplify them. That’s the best option for Budget to spur demand, boost recovery

Budget could also look at tax rebates to stimulate housing demand, raising standard deduction, getting rid of redundant stock market taxes to encourage households to invest.

Modi govt shouldn’t cut income tax rates for middle class to boost growth: Raghuram Rajan

Former RBI governor says India has a powerful govt, with a charismatic PM, which should deliver the kind of economic growth the country owes its youth.

Govt unlikely to cut personal income tax rates for rich

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.

Let’s not offer foreigners special treatment, because Indians can also up and leave now

Every time someone says we must offer foreigners reasonable tax rates or good business processes, one should ask ‘whose country is this anyway’?

Increased formalisation of economy can double the number of income tax payers: Jaitley

Arun Jaitley said that 6.86 crore I-T returns have been filed in 2018, it is expected to go up to 7.6 crore before the present government completes its term. 

On Camera

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

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.