Thursday, 6 October, 2022
TopicTaxpayers

Topic: taxpayers

AAP made education a political issue. Competition will force others to take it seriously

Investing taxpayer money into government schools is the most effective transfer of wealth from rich to poor.

India’s answer to tax-evasion lies in blockchain

Modi govt must consider putting GST collection on blockchain, which is a technocratic solution and need not be managed by the State.

Modi govt tightening screw on IT dept a small win for taxpayer

In Budget 2021, the proposed changes to the Income Tax Act 1961 for tax collection are a welcome move.

Purchase of jewellery over Rs 1 lakh, Rs 20,000 hotel bills to come under I-T scanner

The move comes as the Modi government aims to widen the tax base by using data of high value transactions to look for tax evaders.

‘Too much government, too little governance’ — new book decodes India’s private republics

Shankkar Aiyar's The Gated Republic, by Harper Collins, will be released on 20 June on SoftCover, ThePrint’s new e-venue to launch select non-fiction books.

Agri to infra, Budget 2020 takes a calculated path to revive demand, boost economic growth

The underlying assumption in the Budget’s economic strategy is that the Indian economy appears to have bottomed out and is expected to pick up in 2020-21.

Lower income tax rates but no deductions — Modi govt creates optional second tax system

Taxpayers will have to forego Rs 1.5 lakh savings deduction and Rs 2 lakh interest deduction on home loans, among others, to avail new income tax rates.

Deadline for filing income tax returns extended to 31 August

The government on Tuesday extended by a month the due date for filing IT returns for the financial year 2018-19.

45% increase in e-filing by taxpayers who earn less than Rs 10 lakh a year

The sharp increase in tax filers in the lower income slabs can be mainly attributed to government’s decision to start penalising late filers.

On Camera

YourTurn

The BMW i4 eDrive40. Photo Credit: BMW

Ukraine crisis gave auto sector a crude shock. See how India is responding

The PLI scheme as well as other sops for manufacturing, show that despite some public missteps, government is trying to coax manufacturing into India.

Indian refiners scout for oil deals ahead of EU ban on Russian crude imports

European Union ban on Russian crude imports from 5 Dec will drive European refiners to buy more Middle East oil, putting them in competition with Asian buyers.

Defence

File photo of a BrahMos firing by a Su-30 MKI | Credit: IAF

IAF to increase Sukhois armed with BrahMos supersonic cruise missile with over 500km-range

The IAF currently has 40 SU-30 MKI with BrahMos, the only supersonic cruise missile in the world.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
×