Saturday, 22 January, 2022
TopicTaxation

Topic: taxation

Nirmala Sitharaman is proving to be a pleasant surprise as finance minister

While tax has proved Nirmala Sitharaman’s strong suit, there have been policy negatives as well, including under-performance on privatisation and failure to fix banking mess.

IRS body of NE seeks makeover as officers fear faceless taxation reduces them to ‘cyber cops’

Under new scheme, tax appeals can be randomly allotted to any officer, whose identity will remain anonymous. IRS officers say this will hit the service hard.

Deal or no deal, Brexit uncertainty gives India Inc. the jitters

While Indian companies in the UK are ready for Brexit, the murky transition process and the possibility of ‘no deal’ is a matter of concern.

No income tax for all under 35: Congress’ big lollipop for 2019

The idea was discussed at a party meeting on 13 July, but not yet decided if it will make it to the Congress manifesto.

Talk Point: Will the creation of a National Anti-Profiteering Authority impair business?

The authority has the power to impose penalties and even cancel the registration of a business if it does not pass the benefits of GST to consumers.

On Camera

YourTurn

India must do homework before commercial contracts, no room for fuzziness in art of the deal

A lax attitude to contract negotiations, leading to careless drafting and non-application of mind, may have come back to bite India in international courts & trade disputes.

Mahindra expects strong recovery in auto sales as supply chain constraints ease

According to Mahindra, the auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last 2-3 years.

Defence

File image of German Ambassador to India Walter J. Lindner | Twitter | @AmbLindnerIndia

Won’t be silent if rules-based order challenged, envoy Lindner says as German warship visits

In an exclusive interview, the German ambassador to India said port call of the German warship Bayern in Mumbai shows the significance of the Indo-Pacific region.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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