Home Tags Taxpayers

Topic: taxpayers

Gold necklaces are displayed on a counter as employees serve customers in Pune

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.
FM Nirmala Sitharaman

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.
Finance Minister Nirmala Sitharaman presenting the Union Budget

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.
Income Tax department

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.
A man holds a Rs 2000 banknote | Dhiraj Singh/Bloomberg

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

Stigmatise and shame nations that keep nukes if treaties are futile in banning them

Stigma could, in time, turn domestic opinion in China, sway public attitudes in Russia, India & elsewhere, or even bring the U.S. back to the arms-control negotiating table.
Luxury (Representational Image) | Needpix

Wellness, watches & even weed — What the future holds for luxury retail

Covid has made 2020 the worst year for the global luxury market in modern history, but it is also why health is likely to be the ultimate luxury product in the next decade.

Defence

Representational image | ANI

India, China working on Ladakh peace formula — alternate week patrolling, after disengagement

Patrolling in alternate weeks has been the established practice in the Northeast, and has worked well, barring the occasional face-off.
Illustration by Soham Sen | ThePrint

If Modi is a true reformer, he’ll bury Vodafone ghost and campaign on reforms in Bihar

No politician sees economic reform as a vote-catcher; it’s the old, povertarian economy that gets votes. Can Modi bring farm and labour reforms centre-stage?