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View: Curbing the natural instinct of our entrepreneurs to create generational wealth is not a solutionOne of the arguments advanced for the levy of inheritance tax is that countries like the US do so. Without getting into intricacies of the ...
Property seized under PMLA has to be returned if no proceedings after 365 days: Delhi HCIn an order passed earlier this week, Justice Navin Chawla said the continuation of a seizure beyond 365 days, in the absence of the penden...
'Millionaire's tax' for coronavirus relief passes Argentina SenateIn a session streamed live on YouTube, and after a long and polarizing debate, the so-called solidarity contribution was signed into law wi...
Joe Biden harnesses history to describe urgency of 2020 campaignThe Democratic nominee portrays 2020 as an entanglement of social, economic, political, environmental and public health crises as threateni...
HC rejects plea seeking to classify masks, sanitisers as essential commoditiesThe court on Tuesday said face masks and alcohol-based sanitisers are now easily available, and hence there is no need to regulate their su...
View: Finance Bill 2017 could end tribunal autonomy and institute tax harassment as the normThe Bill introduces draconian provisions giving unfettered power to taxmen to search and seize without any real accountability .
Simpler tax laws, low rate can help get more people to pay upThere is evidence to suggest that high taxes are counterproductive. Governments can’t ensure better compliance by modifying tax laws each y...
Media’s right to free speech: India’s judiciary has continually expanded the definition of this right since IndependenceIn the initial years of the Constitution, the Supreme Court held that the excessive licence fee for starting a newspaper was constitutional...
SIT considering allowing compounding in HSBC cases where original account holder is deadProminent among those facing such a imbroglio are RIL chairman Mukesh Ambani and his brother Anil, the chairman of ADAG.
Media must utilise freedom of expression with care: Arun JaitleyThis freedom has to be utilised by media with great circumspection as media forms the eyes and ears as far as citizens are concerned & has ...
City property owners get relief from new tax regime, for nowProperty owners in Mumbai received interim relief from a new capital value-based property tax regime that may increase taxes by up to 300%,...
Five Parsi trusts move court over civic authority’s notices on property taxThe outcome of the matter is likely to impact hundreds of Mumbai properties owned by charitable trusts and religious entities.
Committed to bilateral investment with India: USUS has said it is committed to a bilateral investment treaty with India, but suggested that setting a time-frame for the same may not be po...
France president Francois Hollande’s 75% tax rate loss shows limit of ability to tap richThe tax, one of Hollande’s campaign promises , had become a focal point of discontent among entrepreneurs and other wealth creators, some o...
- Income Tax Act: Taxing unaccounted income not VDIS, says finance secretary RS Gujral
"There is no intention of govt to give any sop in form of voluntary disclosure... we are tightening provisions, we are not relaxing provisi...
On land, does Mamata have a point?There is no reason why govt should not start implementing the many improvements in the amendment Bill to the land acquisition Act.