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Thursday, March 28, 2024
TopicTaxation

Topic: taxation

‘Chalo Delhi’ — Karnataka joins Kerala, Tamil Nadu, Telangana to protest Centre’s tax devolution

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.

Owaisi just challenged Modi to scrap Hindu Undivided Family. What it is & how it helps save on taxes

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.

Modi govt turning into Big Brother. Overly-protective TCS policies infantilising citizens

Prime Minister Modi talked about ‘minimum government’, but nobody thought he meant making the citizenry do the government’s job.

How Sitharaman has done a big favour to MSMEs. It was long due

Hundreds of thousands of MSMEs across the country are suddenly going to see their payments coming in faster and at least before 31 March.

Debt risks, international taxation discussed at 2nd G-20 finance ministers’ meet. No ‘final takeaways’ yet

Finance Minister Nirmala Sitharaman says progress made on various issues like regulation of crypto assets, restructuring of debt & taxation frameworks, but these are 'possible takeaways'.

Think twice before tax fraud, the authorities are on to you with AI

Post-GST rules have created a host of tax evasion methods. But the tax department has new tricks up their sleeve

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.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.