Complexity of taxes in India
By taking steps to simplify the tax laws, the government can make it easier for taxpayers to comply with the law, reduce the cost…
14 August 2023
Income Tax
Major Tax reforms in Budget 2023?
According to Finance Minister Nirmala Sitharaman, the next budget will be 'carefully structured’ to sustain growth and contain inflation.
23 December 2022
‘Expenditure Tax’ in place of Income Tax : Indeed a block-buster reform
The concept of Expenditure Tax instead of Income Tax will be useful in the sense that a person should be charged for the expenditure…
4 March 2022
‘Expenditure Tax’ in place of Income Tax : Indeed a block-buster reform
If Personal Income Tax (PIT) is done away with, not only more than 6 Crore people will have freedom from the burden of submitting…
26 February 2022
2022-23 Budget: Indeed a progressive and forward looking one
The only remarkable change in the current Budget is towards personal income tax structure which includes inclusion of new provision of one-time window to…
22 February 2022
You can submit Form 15G/Form 15H even if your gross interest income exceeds your apparent tax-exempt slab, provided
Many banks interpret the term ‘total income’ concerning declaration in 15G/H, as any non-professional would and not as expected of them under the IT…
5 July 2021
पैसा और आप- भाग 1
ये सत्य है की भारतियों में बचत करने की फितरत बचपन से ही रहती है लेकिन बचत से ज्यादा अगर महंगाई हो जाये तो…
8 October 2019
CCD and the accusations
It would be absurd to link the likely suicide of V G Siddhartha to the pressures he may have faced from the taxman although…
1 August 2019
मोदी फिर इस बार-400 के पार
जब बजट प्रावधानों पर सदन के अंदर और सदन के बाहर सवा सौ करोड़ लोग खुश हो-होकर तालियां बजा रहे थे, उसी समय राहुल…
2 February 2019
Budget and income tax: What a common man wants from the government
This is what a common man wants along with a sound budget for India's betterment.
2 January 2019