Taiwan in 1951 came up with an ingenious plan to improve tax compliance: citizens taking receipts for purchases could use them as lottery tickets. Customers were incentivized, and businesses found it hard to evade taxes. The plan's success prompted other countries, Slovakia and Greece among them, to launch similar initiatives. India doesn't seem to find the need yet for such schemes amid surging goods and services tax (GST) collections.
NITI Aayog has not said what the reasons were for having achieved or not having achieved what was sought to be achieved, or what lessons can be learned for the future, points out Aakar Patel.
Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.
Punjab Kings batting coach Wasim Jaffer was left frustrated with the performance of his bowlers, saying they "didn't live up to the expectations" this IPL season.
India have never won a Test series on South African soil and Kohli's men will go all out to be the first team to achieve the feat.
'The BJP is doing politics 24x365, but the Congress revs up only during elections.'
No one can capture an inch of Indian land till the Narendra Modi government is in power, Home Minister Amit Shah said Tuesday and claimed the actual reason behind the Congress disrupting Lok Sabha proceedings was not the clash between Indian and Chinese soldiers but a question on the cancellation of Foreign Contribution (Regulation) Act (FCRA) registration of the Rajiv Gandhi Foundation.
H S Prannoy signed off with a bronze -- India's first medal in men's singles at the Asian Games in 41 years,.
From Belarus to Bangladesh, authorities in 29 countries shut down or interfered with the internet at least 155 times in 2020.
Former Australia captain Ricky Ponting described Aussies skipper Pat Cummins' captaincy as "old-fashioned" as he set fields and unravel plans over a long period of time.
Skipper Temba Bavuma has been woefully out of form since his return from injury and also missed the last two ODI due to illness.
Srikanth eyes elusive Asian Games medal, hopes to be third time lucky
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
India's national security focus has shifted from the western border to the eastern one. But our trade with China keeps rising. This trade is against our interest, because most of it comprises of Chinese imports, argues Aakar Patel.
'There was trust, but perhaps there was also this apprehension that given the supreme post of prime minister, Sonia Gandhi felt her authority may be a challenged.'
25 student suicides in 2023 at India's coaching hub Kota have revealed the mindboggling stress children confront every day, reports Prakash Bhandari.
Brahma, Vishnu, Shiva, Ram, Laxmi, stories from the Hindu epics are seen in carvings, paintings and murals, as well as recognisable figures from mythology, like Garuda, Sheshnag, Nandi and Apsaras, notes Deepa Gahlot, savouring the beauty of Cambodia.
What would Parliament be without these nine ladies?
'Aamir is deeply patriotic and cares for the country.'
'Hamas is going to be prepared. There will be booby traps and tunnels; it's going to be door to door fighting.'
I tried to reason in my mind that wouldn't beating Pakistan again and again -- in the league matches and in the knockouts if they made it -- be a better tribute to our martyred soldiers? A revealing excerpt from Vinod Rai's Not Just A Nightwatchman: My Innings In The BCCI.
India lost around 38.5 thousand hectares of tropical forest in the last decade. Nearly 14 per cent of the country's tree cover! It is one thing for Modi to announce that India will reach a net-zero level of emissions in 2070. But if it is serious, it needs to start today, points out Ramesh Menon.
Rishabh Pant's disappointing outing against Zimbabwe isn't a cause of concern for head coach Rahul Dravid, who hinted that the flamboyant left-hander could start in the T20 World Cup semi-final against England at Adelaide on Thursday.
'England were 87-7 with Curran and Adil Rashid at the crease and for some reason Ravichandran Ashwin went out of the game for an hour. India lost control then -- he needs to look back on his captaincy and say 'when I've got a bloke who averages 19 against left-handers and a 20-year-old left-hander on strike, why did I take him off?,'
Should the anti-defection law in India exist only to prevent democratically elected governments from being toppled?
Mother India has lost a son. There will be reasons, there will be politics (surrounding it) but the fact remains that a mother has lost her son. I feel the pain very well," a visibly emotional Modi said.
This year saw no improvement in bilateral ties as India accused Pakistan of cross-border infiltration and re-activation of terror-launching pads near the LoC.
'The IPL should form the selection basis for the T20 team and at the most the ODI team.'
Observing that pregnancy outside marriage is injurious and a cause of stress, the Supreme Court on Monday allowed a rape survivor to undergo medical termination of her over 27-week pregnancy.
Sachin Tendulkar has revealed he had to manage the recurrence of a painful, decade-old toe injury during India's tour of Australia.
BRS spokesperson Sravan Dasoju, speaking to PTI, expressed confidence KCR would win from both the constituencies with a thumping majority.
India lost its competitive advantage as China gave fiscal benefits to its local manufacturers. Besides, recent policy flip-flops have, however, dented India's image as the 'pharmacy of the world'.
No lives were lost after cyclone Biparjoy made landfall. Preparations for Biparjoy were not only extensive, they were also telecast far and wide. Ahead of the cyclone's landfall, Shyam G Menon observes there was considerable publicity on how much the government was geared up to face the storm and its aftermath.
After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.
Back home, the Nifty IT index - a gauge of the performance of the IT stocks on the National Stock Exchange (NSE) that has closely mirrored the performance of NASDAQ over the past few years - has lost nearly 2 per cent in CY23.
The only thing that might justify a response is the desperate state of Pakistan's economy and how its people are suffering. But it's better to be heartless for now, argues Shekhar Gupta.
Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said.
The former Aus leg-spinner then went on to place a bet with Ganguly, asking him to buy him dinner and wear the Australian jersey if the Aussies would win the June 10 ICC Champions Trophy match against England and he in turn would wear the England jersey if the Poms won.
In his first trip to the US in 1960, Atal Bihari Vajpayee befriended a young IFS officer posted in the permanent mission of India to the UN and explored New York with him, visiting museums, art galleries and even nightclubs, says a new biography of the former prime minister.
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