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A K Bhattacharya is a senior economic journalist with over four decades of experience. He is Business Standard's editorial director and a writer of a long-running column - Raisina Hill. He had set the bar for business reporting as the chief of bureau at the Economic Times in the early 1990s, when economic reforms raged. He had a ringside view to many other disruptions, creative and otherwise, during his four decades in journalism, a journey that started when he switched careers after a year of teaching.
A K Bhattacharya is a senior economic journalist with over four decades of experience. He is Business Standard's editorial director and a writer of a long-running column - Raisina Hill. He had set the bar for business reporting as the chief of bureau at the Economic Times in the early 1990s, when economic reforms raged. He had a ringside view to many other disruptions, creative and otherwise, during his four decades in journalism, a journey that started when he switched careers after a year of teaching.
Indirect taxes are now higher than direct taxes. But cutting indirect tax rates to address this will amount to barking up the wrong tree
The amount of money that remained outstanding after 45-to-60 days of grace period given to the distribution companies fell to about Rs 67,300 crore, over 20 per cent lower than what it was a month ago
Provisional actuals of the Budget for 2020-21 have once again varied sharply from the revised estimates. The variation provides fiscal cushion, but also raises several questions
Concern over a falling share of corporation tax revenue may get worse
Were the election results a victory for national parties or the regional ones?
E-commerce players must be allowed to ship non-essential items as there is no room for favouritism in govt policy in a pandemic
The sharp rise in GST collection in March could be a false indicator if further rate reforms are delayed
The Budget for 2021 makes a fresh beginning in dealing with numbers and estimates
With the Centre increasing reliance on tax revenue from oil, the inclusion of petrol and diesel under GST can be problematic
Those who were expecting a stimulus package through higher revenue expenditure in the Budget will surely be deeply disappointed
The Survey is also bullish about medium-term growth prospects, largely due to the expenditure support and various reforms.
If eight states could join the VAT system after the rollout date, why can't the same apply to states opposed to farm laws?
Book review of The Bhagavad Gita for Millennials
Past Budgets presented after a GDP decline had no exciting proposals
Aakar Patel offers a sober analysis of Hindutva ideology from a non-BJP perspective and explains why it can be countered
Instead of pursuing Vivad Se Vishwas, greater focus on collecting tax dues without dispute may yield better results
A scholar explores why two 18th century movements challenging key tenets of Hindu worship face very different fates in modern India
Despite growth likely in the second half of the year, revenue gap will be large leading to higher borrowing and expenditure management
For states staying within the fiscal deficit targets is important, but not by cutting back on expenditure
A 32 per cent jump in oil revenues offers some relief to strained govt finances