The myth of India’s low income tax base
Given India’s GDP and per capita income data, and the tax threshold, its taxpayer base is right
Tag Archives: Income tax
The new IT structure won’t have an impact on the majority of taxpayers
In the Union Budget, finance minister Nirmala Sitharaman, with great flourish, announced a new personal income tax structure.
The budget is insipid. It won’t revive the economy
Let us indulge in a thought experiment. Millions of people in the Chinese province of Wuhan are badly affected by the deadly coronavirus
Judge the budget by its tax revenue growth figure
“Supervision is fine but not suspicion”. These are not the words of an irate teenager to her parents, as one would suppose.
Firm steps to ease the fiscal federalism tension
The Centre should not confuse uniformity for unity and must grant States the powers to levy direct taxes