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Beyond the start-up hype
A week after the government came out with incentives for these entities, tax experts point out the need for clarity in several areas As the dust settles down on the government’s......
Budget 2016: List of 300 duty-free items could shrink
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions The government might consider pruning the list of around 300 goods exempt from excise duty in the Budget to......
Tea, biscuits and some medicines may come under GST
Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted. Tea, coffee, biscuits and some medicines, currently exempted from......
India's 'tax woes' continue; another controversy surfaces
Business subsidies may now attract tax, but those to to consumers such as on LPG may be exempted Subsidies, tax concessions and incentives that add to business income such as the one given for......
The trouble with the richie itch
Data suggest that a tax rate increase for a few rich people puts little back into the economy compared to an across-the-board increase, notes Mukesh Butani I think there should be stability in tax......
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