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Sunday, May 26, 2024
TopicTax

Topic: tax

Central Board of Direct Taxes wants income tax department to step up collection efforts

The CBDT chairman has shot off a letter to all principal chief commissioners of income tax department asking them to step up efforts.

Pakistan govt move to impose ‘sin tax’ on cigarettes, sugary beverages draws flak

Here’s what’s happening across the border: World Bank says India-Pakistan trade has potential to reach $37 billion, and Bill Gates appreciates Imran Khan's polio eradication efforts. 

Increasing taxes on alcohol will add 500 healthy years to every 10 lakh people: WHO study

Study by WHO researchers found that taxation most cost-effective way of reducing alcohol effects; based on data from 16 countries, including India.

Are other countries more to blame for Donald Trump’s policy directions?

Trump’s unilateral actions raise the risk of trade war, but he’s right in saying that key economic issues have to be addressed.

Become a black money informant, take home up to Rs 5 crore, says Income Tax department

The new scheme hopes to encourage informants to spill the beans about undisclosed assets, both in India and abroad.

Behave properly with taxpayers: Income tax department tells its officers

The poor conduct of tax officers and staff is believed to have drawn a lot of complaints from taxpayers, damaging the image of the department.

Debate over finance commission exposes south’s tendency towards misplaced entitlement

To ensure equity between the states, poorer states should receive a greater share of union tax revenues as compared to better off states.

Why the south-vs-north debate is a flawed way to analyse the 15th finance commission formula

If this argument of south-vs-north is followed through, a direct corollary would be to also oppose money flows from Bengaluru to Bidar or from Whitefield to south Bengaluru.

The great balancing act by Jaitley on social and fiscal fronts

The big relief is that Arun Jaitley's fifth budget largely steers clear of the many traps that ensnare budgets before a series of big elections.

Long-term capital gains tax makes a comeback

LTCG reintroduced after 14 years; govt also imposes 10% tax on dividend distributed by equity mutual funds.

On Camera

A crush doesn’t have to be lonely. Stalk insta stories, like your way into DMs

It makes total sense to act unhinged when you’re hit by a flash-in-the-pan crush. It’s when you replenish your playlist with sappy songs, click new thirst traps and parrot his name everywhere.

Govt has reduced time taken to finalise GDP data by an entire year. Here’s inside story of how

This year, govt announced that 2nd and not 3rd revised estimates would be final. Here’s inside story on how this was achieved without compromising on quality of data.

17 students graduate from Air Force Test Pilots School in Bengaluru

17 Students graduate from 46th Flight Test Course of Air Force Test Pilots School.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?