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Friday, September 26, 2025
TopicTax reforms

Topic: tax reforms

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

India’s myopic view on tax policy hurts FDI. Fix it before it breaks the camel’s back

It is time for more proactive thinking on tax policy, which can no longer be guided only by the limited objective of revenue maximisation or hawkish enforcement to meet steep internal targets.

France’s ‘social cleansing’ of the homeless ahead of Olympics & other global news you may have missed

ThePrint’s round-up of world news and topical issues over the past week.

Kenyan police is beyond reform. A violent, corrupt security force is shooting at protestors

Kenyans came out in thousands to protest the recent tax hikes. The police reacted with live bullets and tear gas, killing at least five people and injuring hundreds.

Top & bottom of the income pyramid pose different tax problems. New govt must choose reform

A government can afford to make tough decisions in its early days. Resisting populist concerns, we need long-term reform such as broadening the tax base and removing deductions.

Cut taxes & simplify them. That’s the best option for Budget to spur demand, boost recovery

Budget could also look at tax rebates to stimulate housing demand, raising standard deduction, getting rid of redundant stock market taxes to encourage households to invest.

MyGovIndia deletes tweet on bringing jewellery & TV purchases, hotel bills under I-T ambit

The tax department's move had raised concerns over increase in compliance burden for firms, and it's unclear if the govt will go through with the proposal.

Nirmala Sitharaman says new tax regime to definitely benefit taxpayers in some brackets

Industry experts say that the two-tax regime option on personal tax, just like corporate taxes, will only make the structure more complicated

Price of sanitary pads won’t change much despite zero GST. Here’s why

Earlier, the government would pay input credit. But now, since the final product is not taxed, manufacturers will have to add it to the cost of the pads.

GST rate cut shows reformist intent of Modi govt

GST rate cuts will help formalisation and boost business. Relaxation of return filing procedures should help smaller firms embrace the tax reform.

On Camera

Bads of Bollywood brought Emraan Hashmi out of our guilty pleasure closet, made him cool

With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.