Finance Ministry clarification on Budget residency provision calms nerves The Finance Ministry has issued a clarification that clears the air over a contentious anti-tax abuse
Day: February 10, 2020
No one will be a loser in the new income-tax regime, says Revenue Secretary – The Hindu BusinessLine
‘New regime will benefit those who were not able to take advantage of exemptions’ Revenue Secretary Ajay Bhushan Pandey on Sunday made it clear that
‘Proposal to rationalise I-T structure can be a double-edged sword’ – The Hindu BusinessLine
The Budget proposal to rationalise the tax structure by giving the tax-payer the option to pay tax at reduced rates if deductions are not claimed,
Residency norms tightened for non-residents – The Hindu BusinessLine
In a setback for many non-resident Indians (NRIs) and not ordinarily resident (NOR) Indians, the Budget has tightened the norms on residency provisions. The intent
Dividend tax change: Who gains, who loses – The Hindu BusinessLine
PSUs and MNCs, who account for much of the dividend pool, may pay out more while promoter-controlled companies may skimp The Union Budget for 2020-21
GST’s ‘inverted’ logic on refunds – The Hindu BusinessLine
Denying refund on service inputs that go into a product and permitting refund only on the non-service component forces one to question the concept of
A Budget for reforms with continuity – The Hindu BusinessLine
Despite the long-run focus, and a relatively conservative Budget, there were many measures to reverse the slowdown The first full Budget of a newly elected
US pushing for trade deal that will hurt India – The Hindu BusinessLine
The US will get substantial access to the Indian market and compromise India’s position in future trade agreements When impunity becomes the order of the
The high cost of raising trade walls – The Hindu
In an economically interconnected and technologically inseparable world, India needs to have an open mind on trade India’s international trade posture appeared to turn protectionist
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secretary – The Hindu
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secretary The 2020-21 Budget has pegged gross tax revenues for 2020-21 at ₹24.23 lakh crore. A
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