-Livemint.com Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year’s fiscal deficit target Mumbai: Widening the tax base and collecting more Taxes has been a priority for the current government at the centre. This government’s two major economic disruptions—the introduction of goods and services tax (GST) and demonetisation—were justified in the name of raising tax compliance among other things. However, these...
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Who pays Taxes and who doesn't -Ram Singh
-The HinduThe number of tax returns filed has gone up but collections have not shown a commensurate increaseThe Central Board of Direct Taxes has released the latest data on income tax collections. Several interesting facts emerge from the data. The number of taxpayers has increased drastically over the last four years. The number of tax returns filed has surged to 6.85 crore in FY 2017-18, an 80% growth since FY...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »Beat the queue at airports, railway stations by being honest in paying income tax
-Livemint.com The Income Tax department is in the process of chalking out a new policy which will reward taxpayers who are not only honest but also consistent in filing ITRs. The rewards could include priority access at airports and railway stations. New Delhi: Want to beat the queue at airports, railway stations and toll gates on highways? Filing your income tax returns (ITR) honestly and consistently every year on time can be...
More »10,000 Elderly People From Across India Come Together to Demand a Universal Pension -Gaurav Vivek Bhatnagar
-TheWire.in Activists have argued that the purchasing power of the Rs 200 per month pension initiated in 2007 has already come down to Rs 93. New Delhi: On Sunday, about 10,000 elderly people from across the country came together at a Pension Parishad protest organised at Jantar Mantar in the capital demand universal pension rights for the elderly, single women, persons with disabilities, and other poor and vulnerable workers of the unorganised...
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