The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
Tax administration could be improved to reduce discretion and improve accountability
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.
At the Ficci meet, the Gujarat chief minister says 'tax terrorism' in the country is inherently venal; calls for discussion on economic reforms.
Speaking at a bipartisan gathering of US governors at the White House, Trump vowed significant increase in defence law enforcement and law enforcement. "This budget will be a public safety and national security budget," Trump said.
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
The adjustment orders for AY2012, are expected between January and March 2016.
New government should consider reforming taxation rules.
If life has become a little less taxing, thank the reform measures initiated by Finance Minister Jaswant Singh in tax administration.
Vijay Kelkar, advisor to the finance minister, on Friday submitted the final reports on direct and indirect taxes to Finance Minister Jaswant Singh.
Govt is keen to push reforms in the insurance sector.
Modi's government sees itself in a sweet spot with spare cash.
Prime Minister Narendra Modi addressed the nation from the ramparts of Red Fort in New Delhi as India celebrates the 72nd Independence Day. This is Modi's fifth and final address as PM in the current tenure. During his speech, Modi reflected on the achievements of the National Democratic Alliance government and presented a report card of his four-year tenure. Here are the main takeaways from his address:
This surpassed its previous record close of 29,974.24, reached on April 5.
The US Citizenship Act 2023 introduced by Congresswoman Linda S nchez creates an earned roadmap to citizenship for all 11 million undocumented immigrants, providing Dreamers, TPS holders, and some farmworkers with an immediate path to citizenship.
The Goods and Services Tax will make India a competitor in Chinese-style manufacturing and employment.
Telecom infrastructure player Indus Towers has been largely ignored by investors with occasional bursts of trading when there's news flow. For example, the stock fell from Rs 188 (Jan 1, 2023) to Rs 135 (Jan 27) and then bounced back to Rs 165 in early February as the Government of India (GoI) converted Vodafone Idea's (Vi) debt into equity and Bharti Airtel pushed up its direct stake in Indus to 47.95 per cent. The cash-strapped Vi holds 21 per cent stake in Indus Towers and Indus also has substantial receivables to come in from Vi which is a negative overhang.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
Khan stressed on taking austerity measures, working on tax reforms instead of taking loans, rooting out corruption.
Due to opposition from Trump's own party lawmakers, Speaker Paul Ryan could not muster the majority 215 votes.
Higher oil prices, while not having an impact on Centre's revenues due to fixed tax rate, are pushing up states' sales tax revenue.
The Finance Minister impressed upon the need to attract more investments for the manufacturing sector.
With GDP growth improving to a nine-quarter high of 5.7 per cent and the stock market brimming with optimism, now is the time for Modi to keep his promises.
'This is happening regardless of the Budget.'
The government hopes to implement direct tax code from April 2011.
Increasing female economic participation by ensuring equal work opportunities for women and expanding access to education and skills training for female entrepreneurs.
Unveiling the economic agenda of the new government, President A P J Abdul Kalam on Monday promised massive public investments in agriculture and industry, encouraging foreign direct investment
The NSE Nifty too fell sharply by 68.55 points, or 0.67 per cent, to settle at 10,118.05.
Jaitley keen to uplift the insurance sector.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
Jaitley said future transactions would be substantially digital as India moves towards a less-cash society
With a view to improving services to the tax payers, the Prime Minister's Office has directed the Income Tax department to adopt the benchmark World Bank governance model in its offices.
China's economy is in transition, with rising wage costs and massive overcapacity.
The bill was passed by LS last year and now it has to go back to the Lower House for incorporating the amendments approved by Rajya Sabha.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
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