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Friday, May 10, 2024
TopicTax

Topic: tax

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.

GST revenue rises by 13% to Rs 1.60 lakh cr in March, second highest collection ever

The total collection for 2022-23 fiscal year stands at Rs 18.10 lakh crore, 22 per cent higher than the previous year. The average gross monthly collection for the year is Rs 1.51 lakh crore.

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.

ZyCov-D a welcome addition to India’s vaccine basket. Follow the science on mixing boosters now

ThePrint view on the most important issues, instantly.

GST law brought a drastic change. But only a digital GSTAT can be the model for tribunals

The GSTAT would be outside the GST authorities' control. It can protect taxpayers’ rights and revenue interests of the govt.

On Camera

If the Congress were truly a democratic party, Sam Pitroda would be a nobody

It is obscene that a man so detached from India should occupy such a powerful position in a party that governed India for most of its republican history.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.