Can tax cuts fuel a consumption boom?Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant in...
03 Feb, 2025, 01.02 AM IST
Budget: The middle class now has the freedom to choose how and where they save, invest their moneyWhat Nirmala Sitharaman did was to repackage a proposal she had first offered two years ago and add a few sweeteners - such that there is v...
03 Mar, 2023, 11.29 PM IST
No balm for poor, jobless: Congress questions real reach of I-T reliefAt a press conference at the AICC headquarters here, the former finance minister termed the budget as "callous" and said Finance Minister N...
02 Feb, 2023, 12.19 AM IST
Questions for 2020: Lower income-tax, two-rate GST?A cut in personal I-T will put more money in the hands of people, lift overall sentiment, and perk up demand. However, while this story may...
30 Dec, 2019, 08.53 AM IST
India mulls personal income tax relief while scrapping some exemptionsGovt may hike taxable income limits, especially in the Rs 10 lakh slab, which attracts a 30% rate at present.
25 Oct, 2019, 10.58 AM IST
Corporate tax cut to have 'minor' impact on fiscal deficit: Niti Aayog"I don't think tax cuts will leave a gaping hole in the fiscal numbers. There will be some, which will be minor," Kumar said.
21 Sep, 2019, 07.12 PM IST
View: Why this Budget is unethical and iniquitousThe level of inequity and lack of ethics in the present budget are irresponsible beyond a little populism.
01 Feb, 2019, 07.54 PM IST
Real estate sector sees budget boosting consumer sentimentThe budget seeks to extend tax sops for affordable home developers and to remove the tax on notional rent for a second housing unit as well...
01 Feb, 2019, 05.25 PM IST
Budget 2017 to bring multiple tax benefits: SBI ResearchSBI Research expects tax collection under IDS to be around Rs 50,000 crore and cancelled liabilities from RBI to be around Rs 75,000 crore.
23 Jan, 2017, 03.45 PM IST
Tax agricultural income above Rs 50 lakh: PanelFinance minister Arun Jaitely has repeatedly stated the government's stance of lower tax rates to help boost consumption and savings in the...
04 Dec, 2014, 06.27 PM IST
- Higher exemption limits for individuals likely under DTC
Taxpayers could get additional relief under the proposed overhaul of the country's tax laws. Decoding DTC | Experts' take | Impact of DTC |...
21 Jun, 2010, 06.42 AM IST
Income tax slabs set to be crunchedThe finance ministry is set to tighten the tax slabs for individual taxpayers.
17 Jun, 2010, 01.04 AM IST
- Taxmen feel that Direct Tax Code may lead to loss of Rs 55,000-crore
Critical of the proposed DTC, I-T officials feared that it may result in an annual revenue loss of Rs 55,000-cr. Ten ways to lower your tax...
20 Sep, 2009, 10.35 AM IST
- We count on MAT to take care of goodies
There is an attempt to give concessions to the common taxpayer, says CBDT chief.
08 Jul, 2009, 04.32 AM IST
- Further tax incentives unwarranted
We clearly need to rationalise both direct and indirect taxes in petroleum.
12 Jun, 2009, 06.32 AM IST
- Surcharge of 10% on large incomes to stay
The 10% surcharge on large incomes proposed in the Budget will stay inspite of the assiduous campaign against it by consulting firms and ch...
28 Apr, 2003, 01.22 AM IST
MAT may make an exitNEW DELHI: THE finance ministry may remove the much-hated Minimum Alternate Tax on corporates but only if it is able to sufficiently reduce...
16 Feb, 2002, 12.22 AM IST