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Tuesday, April 7, 2026
TopicTax compliance

Topic: Tax compliance

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

Muted tax collection in Q1 of FY24 widened fiscal deficit, govt focus still on capex

Central govt's capital expenditure has seen strong growth. State finances present an encouraging picture with better tax revenue collections & improved capex spending.

Nothing wrong with Modi’s data on income tax, but car sales numbers seem exaggerated

Only around 1.5 cr taxpayers could end up paying taxes from AY 2020-21 onwards, if one goes by income tax data available for previous years.

YV Reddy’s ‘big picture’ on sovereign bonds, and professor unveils women’s Congress ‘bias’

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

45% increase in e-filing by taxpayers who earn less than Rs 10 lakh a year

The sharp increase in tax filers in the lower income slabs can be mainly attributed to government’s decision to start penalising late filers.

On Camera

India must reduce its dependence on fertiliser imports before it’s too late

What worsens India’s dependence on fertiliser imports is not merely the volume of imports, but the inefficiency with which the country utilises them.

Air India CEO Campbell Wilson steps down amid turbulent times, to remain till successor is announced

Development comes days after Air India’s biggest rival IndiGo hired aviation industry veteran Willie Walsh as its next CEO replacing Peter Elbers.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.