Wednesday, 15 August, 2018

Topic: Income Tax

Officers of Indian Revenue Service with PM Modi & Arun Jaitley | Facebook/IRS

Income-Tax department needs to stop thinking that it is the ‘real’ IRS

A rupee collected by indirect tax officers has as much worth to the nation’s well-being as a rupee collected by direct tax officers.
File photo of Imran Khan in Islamabad | AAMIR QURESHI/AFP/Getty Images

Pakistan’s Imran Khan problem, and income tax candy from Congress

A selection of the best news reports, analysis and opinions published by ThePrint in the last 24 hours.
Officers of Indian Revenue Service with PM Modi & Arun Jaitley | Facebook/IRS

We are the real IRS, don’t call us ‘I-T’, say India’s taxmen

IRS Association, largely comprising officers from the I-T dept, has written to the CBDT that they be referred to as IRS and not as IRS(I-T).
Vedanta Ltd.

Cairn loses $216 million Vedanta stake as Indian tax row deepens

According to Bombay Stock Exchange, Cairn held about 5 per cent stake in Vedanta as of December 31.
File photo of BCCI headquarters in Mumbai

In a first, cash-rich Indian cricket board furnishes its tax details under RTI Act

Move seen as a major step towards transparency given BCCI, for a long time, has been resisting attempts to bring itself under RTI.
Indian currency | Indranil Mukherjee/AFP/Getty Images

Become a black money informant, take home up to Rs 5 crore, says Income Tax department

The new scheme hopes to encourage informants to spill the beans about undisclosed assets, both in India and abroad.
graphic with Arun Jaitley and Bombay Stock ex building

Middle of Nowhere Class: When just 2.56% pay 100% of India’s income tax & govt wants more

Governments treat the middle classes rudely and squeeze taxes out of them as they are the usual suspects – without lobbies or electoral power.
Prime Minister Narendra Modi | Virendra Singh Gosain/Hindustan Times via Getty Images

Millennials’ wishlist for PM Modi on Independence Day: Act more, speak less

From standing up for an issue to doing something for the middle class, here’s what young journalists at ThePrint want Modi to address in his 15 August speech.
Illustration by ThePrint Team

Aero India may shift: Hurting Bengaluru’s defence industry or investing in BJP-ruled UP?

The speculation over shifting of the prestigious biennial Aero India show from Bengaluru to Lucknow has sparked a row between Karnataka state government and the...