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Representational image of Union finance ministry | ANI

Modi govt distances itself from ‘Covid tax’, to act against IRS officers who floated idea

The ‘impugned’ report does not represent the official views of the finance ministry or the income tax department, the CBDT said in a statement Sunday.
Inheritance Tax

Fear of inheritance tax looms large, India’s super rich are looking to set up trusts

Inheritance tax was abolished in 1985. But fearing its return, rich professionals and businessmen are flocking to tax consultants to set up trusts to avoid the tax.

Is it a good idea to re-introduce inheritance tax in India or a regressive step?

There is talk among business circles that the Narendra Modi government will introduce the inheritance tax again in his second term.

On Camera

A Harley Davidson dealership (Representational Image ) | Photographer: David Paul Morris | Bloomberg

Harley-Davidson riding away reflects poorly on both US icon and Modi’s ‘Make in India’

Modi’s ambitious plans to ‘Make in India’ could have been helped by a symbolic gesture to hold on to Harley, a premium manufacturer with an outsize brand.

Defence

Representational image | ANI

India, China working on Ladakh peace formula — alternate week patrolling, after disengagement

Patrolling in alternate weeks has been the established practice in the Northeast, and has worked well, barring the occasional face-off.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?