Consider 8,15, 30% as 3-tier GST rates: NIPFP
The NIPFP study concludes sequencing transition to the new GST rate structure will be important to minimise the cost associated with tax compliance, tax administration and economic distortions.
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November 2021
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Diwali gifts are not tax-free; here's what will be taxed
Gifts over ₹5,000 from employers are taxable, so are gifts above ₹50,000 from friends.
Why startups aren’t waiting for any Budget
Prashant Sarin, partner, Bain & Company explains to Fortune India why the Budget is just a blip on the radar for startups in India. Watch his interview.
Budget 2021: Vaccine for the Covid-19 hit economy?
The Budget 2021 comes at a pivotal moment for Indian economy. Now the big question is, will it be truly transformational in giving India the big growth trajectory it desperately needs? If yes, how?
Budget 2021: Tech sector seeks salve for tax pain
The technology sector, which is one of the drivers of economic growth, wants fiscal measures, such as putting the services sector on a par with manufacturing, implemented in this year's Budget.
Budget 2021: What stressed sectors need
The Covid-19 pandemic has put many sectors under stress. They can get a much-needed fillip if the government were to consider a few changes in the tax structure.
No U.S, India’s DST is not discriminatory
The U.S. has called India's digital services tax (DST) discriminatory. But India adopted DST to deal with the challenges posed by the digital economy. It isn't restricted to the U.S. alone.
Definitely a consumption Budget: Nirmala Sitharaman
Through an outreach programme after the Budget, finance minister Nirmala Sitharaman explains how her Budget proposals would aid economic growth while remaining fiscally prudent.
Spoilt for choice on income tax? Not really
While the Budget may have given an option to move to a new personal tax regime, individuals are likely to think twice because they have to give up 70% of their exemptions.
A week of global shocks for markets
After the spike in crude oil price, the US Fed’s rate cut hurts equity indices and investor sentiments.
