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Friday, May 1, 2026
TopicTaxation

Topic: taxation

Foreign missions get a reminder from MEA, ‘commercial activities’ not exempt from tax

Subsequent to MEA’s annual reminder to all foreign missions, Italian Embassy’s cultural centre suspended some of its operations.

Finance Minister Sitharaman promises to boost GCC growth by easing taxation rules, govt support

Speaking at Global Capability Centers Summit in Delhi, the minister highlighted the sector could grow up to $200 billion by 2030 in India.

Rich Indians can’t complain about taxes—move abroad all you want, but you must give back

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’s fiscal imbalance isn’t a North vs South problem. Here’s what lies at the ‘centre’ of it

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.

Surjit Bhalla says India’s tax-to-GDP ratio ‘high for a developing country’, sparks debate at seminar

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.

How low revenues & high evasion forced Congress to abandon its first tryst with inheritance tax

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.

‘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.

On Camera

India’s real estate will meet the reality of agentic AI

New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.