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Monday, August 18, 2025
TopicTax

Topic: tax

Trump paying $750 in income tax shows why he’s a billionaire

By pairing moneymaking businesses with money-losers, the Trump Organization has been able to shield profits generated by office properties and 'The Apprentice' from tax collectors.

Modi govt can make it really easy to do business in India by accepting Vodafone tax loss

Rather than appealing the decision, the Modi govt should accept defeat, honour the award, and move on.

Big relief for Vodafone as it wins Rs 20,000 crore retrospective tax dispute with govt

A tribunal ruled India’s efforts to claim Rs 20,000 cr in taxes were in breach of fair treatment under investment protection pact with the Netherlands.

The ‘dreaded’ IRS is back and so is India’s pushback against it during Covid crisis

IRS officers — the eyes and ears of the government’s economic decision-makers — found themselves under extra scrutiny this week.

PM Modi says India won’t waste time now, budget will help achieve $5 trillion target

Noting that only 2,200 people in the country had declared earnings of Rs 1 crore per annum, PM Modi called on citizens to honestly pay their dues to ensure India's development.

Govt introduces Direct Tax Vivad Se Vishwas Bill, to resolve disputed tax cases, in Lok Sabha

Finance Minister Nirmala Sitharaman said the bill emphasises on trust building and seeks to provide a formula-based solution without discrimination.

Modi govt’s new tax will mean more paperwork, costs for Indian students going abroad

Union Budget 2020 proposal to collect 5% tax on overseas remittances above Rs 7 lakh could increase short-term costs and paperwork for Indian students.

Modi’s swagger is reserved for social policy, but it’s the economy that really needs it

What was sorely needed from Finance Minister Nirmala Sitharaman was that she deliver a 'historic' Budget 2020. But Indians got a 'history' budget instead.

No big fiscal stimulus in Nirmala Sitharaman’s Budget 2020, but govt can still do it later

Finance Minister Nirmala Sitharaman can do more on policy and legislative changes that are not related to tax, revenue and expenditure.

To realise NIP worth Rs 102 lakh crore, Modi govt needs Indians to save long-term

To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.

On Camera

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?