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Thursday, April 25, 2024
TopicSuper-rich tax

Topic: super-rich tax

Tax India’s corporates and super-rich more. They can and will take it

India's attractiveness as an investment destination is not based on its low tax rates. Give the super-rich basic amenities in return for the higher tax and they'll stay and pay.

‘Covid cess’ will be absurd, anti-stimulus. Modi govt must not bring it in Budget 2021

The purpose of Covid cess is to cover for the money spent on vaccination as well as on assisting the poor during the pandemic. But public health is a state subject.

Next, Nirmala Sitharaman needs to undo the mistakes of her predecessors

Rollback of tax on FPIs & surcharge on capital gains tax only undo wrong done in this year’s budget, not those in decades earlier.

Modi govt rolls back super-rich tax, announces series of measures to revive economy

Finance Minister Nirmala Sitharaman also announced the withdrawal of angel tax provisions citing difficulties faced by start-ups and their investors.

Modi govt considering exempting foreign investors from super-rich tax

The proposal to tax the super rich, along with the Budget's lack of measures to boost the economy, led to foreigners withdrawing more than $3 billion from Indian shares.

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.