214 results found
Readers will recall the short history of corporate tax reductions under Modi 1.0.
It is clear that the reform that began by addressing tax challenges from digitalisation is now one of taxing MNEs better
Why the international community must stall European Parliament’s decision to include shipping in its emissions trading system
Taxing someone who is earning in crores at a much higher rate than 30 per cent is quite justifiable in terms of equity and it is in accordance with the principle of progressive taxation.
Is green tax an answer for a cleaner India? The author contemplates if taxation is an answer
The intellectual framework for high taxes was set by Finance Minister C.D. Deshmukh in his 27 February 1953 Union Budget speech, where he set up the T
Investment and demand are interlinked, thus a lack of investment creates a lack of demand as it impacts income and employment levels, which in turn im
With a cut in corporate taxes and a depreciated rupee, India may be able to boost its competitiveness.
Alternate options for replacing petroleum revenue have not received the same level of attention that the promotion of electric mobility has received.
In the current and preceding years, the government has been trying everything to limit gold imports to control the current account deficit. Yet this commodity has one of the largest share in terms of exemption given. In 2012-13, the estimated amount of custom duty foregone for diamond and gold would be Rs 61,035 crore or 20.5% of the total revenue foregone.
Countries are increasingly adopting green taxonomies to foster a sustainable finance market to attract international investors
GSTN infrastructure has the ability to track every invoice and track indirect taxes and their possible evasion. Direct taxes databases, linked with Aa
Will the recent tax changes alleviate the ongoing economic crisis?
The tax rate may end up being closer to eight which isn't exactly the simplicity that GST promised to bring to paying taxes in India.
Upward trends in crude oil prices and inflation have made a further increase in taxes on petroleum prices unlikely.
The Commodity Transaction Tax (CTT) was imposed on non-agricultural commodity derivatives trading in India from 1 July 2013. This paper investigates the impact of the CTT on some of the efficiency parameters of the commodity derivative markets in India. The authors analysed daily trading data from January 2006 to December 2019 of Multi Commodity Exchange (MCX) of India for five non-agricultural commodities: aluminium, copper, crude oil, gold, and
Policy reforms in the field of taxation in the commodity futures market is of critical significance as various taxes and levies are a significant component in the overall cost of transaction.
The Fourth Finance Commission recommended devolution comes at a critical juncture of Centre-State fiscal relations that was looking increasingly unsustainable. Yet, with it, lies a different set of challenges and the Centre is expected to play an even greater role to aid States to spend money effectively while managing newer forms of inequality that are bound to emerge out of the new direction.
PM Modi's 'Make in India' is a grand idea to reboot the ailing manufacturing sector. But the success of this programme will largely depend on creating an enabling ecosystem for manufacturing. This would require serious reforms in taxation.
A shortfall in the estimated collection of indirect taxes from lower GST accruals or from tax relief on petroleum products can upset the apple cart.
It's important to reform the international tax system to create a fair and inclusive global digital economy that takes into consideration the welfare
Tax heavens will exist as long as corrupt corporations and looting dictators do. The only way in which tax heavens can be countered is through technological development, and systems like Swift, which increase transparency of transactions, suggested noted investment analyst Mr. K. Arunachalam.
It’s imperative to draft a national taxonomy if India wants to walk the green talk.
Has crude and petroleum pricing evolved into the black hole of tax revenue?
Confusion over municipal property tax collection in Mumbai is a lesson for ULBs across India
The very nature of this tax needs to be assessed to understand either why it is not paid or why recovery is poor.
With commercial drone operation just around the corner, relevant guidelines need to be introduced to ensure the smooth and safe functioning
Despite concerted efforts to improve urban public transport, the use of personal vehicles has increased across India. City administrations must consider promoting the use of paratransit vehicles, such as bike-taxis, that can provide ridership to more commuters than a private vehicle. While bike-taxis are prevalent in some Indian cities, their use is curtailed elsewhere in the country by state policy and statutes. Amid growing city congest
The skewed tobacco taxation policy, far removed from a reality based understanding of the tobacco consumption and economics, is not helping the government achieve any goals. It is perhaps due to either a strong lobby, or the desire to protect 36 million beedi workers or just bad strategy.
Post the success of demonetisation PM should now move towards taxing rich farmers by stopping the rhetoric of ‘poor farmers’ as a fig leaf.
India can implement value capture taxation that can help address urban land use challenges such as rising economic and social inequalities.
India needs world-class derivatives exchanges which will provide for the best risk management practices.
The recent windfall taxes imposed by the UNSC are considered either equivalent to a sin to tax the profits made from the geopolitical crisis or a sin
ये स्पष्ट है कि डिजिटलीकरण से पैदा हुई टैक्स संबंधी चुनौ�
With Verdict 2019 giving a greater political force to Modi’s next five years, we hope some of them will make the grade, or at least, in experiential
Finance Commissions decide the distribution taxes between the centre and the states, and is the key financial lever determining the federal structure
The resolution emphasised on support for cottage, village and small-scale industries by restricting production for large players, differential taxatio
If airlines symbolised the travel of the rich, they should logically have been banned altogether or taxed heavily. Instead, the government nationalise
