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Topic: Income Tax rate

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.
Illustration: Arindam Mukherjee | ThePrint.in

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’?
Union Finance Minister Arun Jaitley addresses the media at his office, in New Delhi, Monday

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

Erdogan’s assault on Macron is the height of cynicism

There was a time when Turkish President Recep Tayyip Erdogan didn’t see the West as Turkey’s enemy and even wanted to join the European Union.

ICICI Bank’s profits jump six-fold for July-September quarter

The bank's net interest income increased by 16 per cent year-on-year to Rs. 9,366 crore in this year's second quarter from Rs 8,057 crore in last year's second quarter.


Union Defence Minister Rajnath Singh meets his US counterpart Mark Esper at his office in South Block Monday | Twitter | @rajnathsingh

Here is why US changed Rajnath Singh’s statement on ‘reckless aggression’ by China

Both the US State and Defense departments have added footnotes to the transcripts they released on Rajnath Singh’s remarks at 2+2. The State Department has also updated the text.
Illustration by Soham Sen | ThePrint

5 reasons for the crisis in global Islam

If tens of crores of Muslims across the world feel they are victims of mass Islamophobia, their holy prophet shown deliberate disrespect, it is a sense of crisis and siege.