Shortly after reports of Virat Kohli and Anushka Sharma’s decision to settle in London, a start-up founder’s viral social media post suggested that high-salaried individuals leave the country.
India has a large vertical fiscal gap, which has been increasing. The reason is that while the Constitution assigns the most buoyant taxation powers to the Union, it allocates more spending responsibilities to the states.
Former PM-EAC member Bhalla and ex-CBDT member Arbind Modi exchanged views on India's taxation efficiency, impact of tax cuts and growth potential at CSEP seminar.
While Congress has distanced itself from its overseas wing chief Sam Pitroda's apparent support for inheritance tax, BJP, including PM Modi, has launch scathing attacks over the issue.
Karnataka CM Siddaramaiah said MLAs & MPs will protest in Delhi tomorrow against the allegedly reduced tax devolution & grants Centre was transferring to states, including to Karnataka.
Responding to PM Modi’s comments on Uniform Civil Code, Owaisi said HUFs provide tax relief to Hindus. But it has significant downsides, such as being prone to family squabbles.
Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
COMMENTS