Data presented in Parliament shows income tax compliance is increasing due to govt making better use of GST data & TDS mechanism, but bulk of tax filers have 0 tax incidence.
Responding to PM Modi’s comments on Uniform Civil Code, Owaisi said HUFs provide tax relief to Hindus. But it has significant downsides, such as being prone to family squabbles.
See the political messaging in this budget. It is an uncluttered continuation from last year and is a statement of confidence, bordering on overconfidence.
In an article, Bibek Debroy says that taxing farmers’ incomes should be the states’ responsibility and the reason it is not already done is due to political clout of large farmers.
The raids were launched last week on the business entity engaged in steel and real estate after actionable inputs of alleged tax evasion were received against it, officials said.
Tax is an important deduction that happens from our income. Hence it is crucial to save tax using the right instruments so that we save more. Read this to know about the best tax saving plans.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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