• December 7, 2024
• 0

[vc_row][vc_column][vc_column_text]The Union Ministry of Finance is working to develop a mechanism to check fraudulent input tax credit (ITC) claims for goods and services tax (GST) paid under the reverse charge...

• December 7, 2024
• 0

[vc_row][vc_column][vc_column_text]Tax burden on individuals earning less than Rs 20 lakh a year, broadly described as middle class, has come down during the 10 years, while there has been a substantial...

• December 7, 2024
• 0

[vc_row][vc_column][vc_column_text]We have not utilized the rich vein of GST data. It is time now to open this up to all private research outfits and public finance groups in our universities....

• December 7, 2024
• 0

[vc_row][vc_column][vc_column_text]Two contentious issues to consider in taxation of personal income are — taxation of agricultural income and effective exemptions under personal income tax. Consider the taxation of agricultural income. Arguments...

• December 9, 2024
• 0

[vc_row][vc_column][vc_column_text]Government in the past have often shown a tendency to indulge in fiscal jugglery to hide the actual extent of their fiscal deficit. In his only Budget in 1987, Rajiv...

• December 9, 2024
• 0

[vc_row][vc_column][vc_column_text]Trade secrets are confidential information, not generally known among, or accessible to the persons in the relevant business sector. They are commercially valuable. In principle, unauthorised acquisition, use or disclosure...

• December 9, 2024
• 0

[vc_row][vc_column][vc_column_text]Mobile phone retailers have called for scrapping of the popular financing schemes without down payments saying 10-12% of all such purchases were fraudulent, resulting in financial losses, boosting grey market...

• December 9, 2024
• 0

The government has proposed regulations aimed at reducing water waste, with new mandates that set a bold target: Up to 50 per cent wastewater reuse by 2031 for bulk consumers....