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Taxation

Will tax increase on luxury products?

Will tax increase on luxury products?

Wed, Dec 04, 2024

See in Cover Story today, this time GST crossed '35'? Will cigarettes/tobacco products become expensive? Will taxes increase on luxury products? Will common consumers get relief? Relief possible on everyday items! Will new GST rates be implemented?

Dynamic duty makes oil more expensive or cheaper?

Dynamic duty makes oil more expensive or cheaper?

Tue, Sep 24, 2024

Considerations on Dynamic Duty on Edible Oil, Will Dynamic Duty make oil more expensive or cheaper? What is Dynamic Duty Structure? Understand the formula of duty from IVPA President Sudhakar Desai

Share buybacks no longer to woo investors: here’s why

Share buybacks no longer to woo investors: here’s why

Fri, Jul 26, 2024

Buybacks will lose their sheen for investors as the income on them will now be taxed in the hands of the recipient i.e. the investor at the applicable slab rate which can be higher than the earlier 20 per tax rate on buybacks for companies.

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In need of cash, India chases Rs 8 lakh crore in elusive back taxes

In need of cash, India chases Rs 8 lakh crore in elusive back taxes

Mon, Apr 18, 2016

In the union budget, Finance Minister Arun Jaitley stuck to an ambitious pledge of reducing the fiscal deficit to 3.5 percent of gross domestic product from 3.9 percent, and improved tax collection could help meet that target.

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