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Monday, March 16, 2026
TopicTax

Topic: tax

Govt must bring pending GST reforms too

The rate rationalisation this time will impact over 420 goods covering a vast range of sectors. The first two exercises to revamp the GST regime were much smaller in both range and impact.

Tax terror and India’s same-sex couples

Even without entering the debate on marriage equality, India’s laws are already punishing same-sex couples in small and large ways that are rarely discussed.

India must revise its definition of middle class. Those earning Rs 1 cr aren’t ‘rich’ anymore

The tax officials will, of course, have a better understanding of what the revenue implications will be. But let them at least start thinking about expanding the definition.

India is outsourcing its tax burden to companies. Better for Modi government, not taxpayers

It is important for the government to now reassess what it wants to keep with itself and what it wants to hand over to the private sector.

Govt working to ensure TCS rate hike does not result in cash-flow problems, says CEA Nageswaran

Attempts are being made to link TCS with the tax deducted from taxpayers’ salaries. The CEA also backs the govt’s rationale for raising TCS rate to 20%

No TCS on foreign debit & credit card transactions up to Rs 7 lakh, clarifies Union govt

Prior to the clarification, all such non-medical, non-educational transactions would've attracted 20% TCS from 1 July. Govt imposing TCS on foreign credit card spends was widely criticised.

Bad news for Pakistan’s rich. Shehbaz Sharif budget will tax them, ban car imports

Pakistan finance minister's support for Shehbaz Sharif govt's call to tax the rich is a relief to those who were promised it during Imran Khan's reign.

Nangeli — the forgotten Dalit woman who stood up against Travancore’s ‘breast tax’

In 'Her Stories: Indian Women Down the Ages’, Deepti Priya Mehrotra recounts women from Indian history whose contributions have been all but forgotten.

How GST is killing small businesses with inspector raj and suffocating compliance

GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments.

To make babies or not? That’s the dilemma in China as cost of raising kids soars & soars

The cost of childcare in China is now higher than US, France, Japan and Germany. Thanks to years of state-driven one-child policy and falling fertility rate.

On Camera

Gulf conflict pushes Dubai diamond traders to eye Surat for rough stone auctions. But there are hurdles

Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for auctions.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.