Loss of jobs due to increase in smuggling and counterfeiting is not on the radar of policy makers
Depositors are a subset of taxpayers. A depositor also pays tax. So what he gains as a depositor he may well be losing as a taxpayer
Since the US and India have DTAA, you will pay tax only once. Dividend income, however, is taxed at 25% in the former
India's GDP growth is expected to slip to a decadal low of 5 per cent this fiscal, pressured by domestic factors like drop in consumption, as well as global issues
Compliance burden should not be increased
Previous governments hesitated to touch Indis's taxation system, the current dispensation was making it more citizen centric, PM Modi said.
The FM disagreed with experts who termed the new tax regime complex and unavailing saying it would benefit some taxpayers, if not all
The direct tax proposals aim to accelerate economic momentum and ease of living for taxpayers, though the key will lie in smooth administration
It is important to introduce an efficient dispute resolution mechanism to ease the pain of an overburdened dispute resolution machinery
However, on Saturday, the stock markets did not react positively, contrary to the government's expectation
ESOPs are a key instrument to attract and retain talent in startups.
The right fiscal-monetary-external balance must be achieved to nurture and harness a nascent recovery
Based on market intelligence, we outline three scenarios that may pan out in the Budget proposals this year, and assess their impact on your pocket
What GST urgently deserves is a re-orientation, for which a leaf out of the 'nudge theory' in behavioural economics may definitely help
Experts believe the lower tax rate is a significant contributor in making India's debt market attractive to overseas investors
Several taxpayers complained of technical glitches on filing returns on social media
The negotiating deadline coincided with a scheduled meeting on the topic at the World Economic Forum meeting in Davos from Tuesday to Friday this week.
Tax may be imposed on shareholders getting dividends
Fintech companies will need to design solutions with merchants in focus to encourage faster adoption, he says
Though non-tax revenues, including borrowings, account for 40% of the Budget, there seems to be little focus on boosting these or reducing borrowings by saving on expenditure, writes T N Ninan