Tuesday, 21 March, 2023
TopicTax reforms

Topic: tax reforms

Cut taxes & simplify them. That’s the best option for Budget to spur demand, boost recovery

Budget could also look at tax rebates to stimulate housing demand, raising standard deduction, getting rid of redundant stock market taxes to encourage households to invest.

MyGovIndia deletes tweet on bringing jewellery & TV purchases, hotel bills under I-T ambit

The tax department's move had raised concerns over increase in compliance burden for firms, and it's unclear if the govt will go through with the proposal.

Nirmala Sitharaman says new tax regime to definitely benefit taxpayers in some brackets

Industry experts say that the two-tax regime option on personal tax, just like corporate taxes, will only make the structure more complicated

Price of sanitary pads won’t change much despite zero GST. Here’s why

Earlier, the government would pay input credit. But now, since the final product is not taxed, manufacturers will have to add it to the cost of the pads.

GST rate cut shows reformist intent of Modi govt

GST rate cuts will help formalisation and boost business. Relaxation of return filing procedures should help smaller firms embrace the tax reform.

Talk Point: Was the short-term disruption worth it? The answer is a qualified “no”

Demonetisation was a courageous policy decision fraught with high risks. The purported objectives of the decision were to eliminate fake currency, weed out black money, and address tax evasion. Later, digitisation of the economy was also added to the list of objectives. How has demonetisation fared on these objectives?

Making an ass of the taxpayer

Reform & economic legislation are locked in most areas, the markets are a mess & even if two ministers happen to say the same thing, it spawns a new conspiracy theory in Delhi.

On Camera


File photo of smog in Delhi. Some doctors have called air pollution a bigger threat than Covid-19.| Photo: Suraj Singh Bisht | ThePrint

Air quality is better but not enough to banish air purifiers. Here are options for your room & car

What’s the solution for people who cannot leave Delhi? Air purifiers from Dyson's expensive range to Xiaomi's affordable ones can be of help.

NFRA to conduct audit quality inspections of five audit firms

New Delhi, Nov 16 (PTI) The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the...


The Defence Services Staff College in Wellington | Image credit: dssc.gov.in

In a first, six women officers to enter prestigious Defence Services Staff College

As many as 15 women appeared for the examination, out of which six were selected, including one who has made it to the course along with her husband. 

Why military is more for asserting political will, not just about controlling territory

No matter what tactics, doctrine, or weapon system is used, the objective of any war is to control territory, argues Gen. MM Naravane (retd). But it's politics that matters most.