This series interviews students and young working professionals and seeks to understand the reasons for the lack of interest among today’s youth in budget announcements as well as their expectations from it. Read More
Tag: taxes
Open house: Should residents pay facilitation charges for sampark centre services?
Chandigarh residents have received another bolt from the blue. It is really shocking to levy unusual charges for the usual services provided at the Sampark Centres. Senior citizens, retired people and those who are not tech savvy and are unable to pay the charges online are going to be burdened more Read More
Looking Back 2022: Between promises & debt trap
The fiscal health of Punjab is going down as its outstanding debt is increasing. Though the Aam Aadmi Party government has managed to fulfil its committed liabilities so far, the ruling party, which came to power promising “badlav”, has fallen into the trap of giving sops to people in sp Read More
They Don’t Pay Taxes: All India Gaming Federation Wants Government To Tackle Foreign Online Gaming Companies
Online gaming in India is a $2 billion market, which means high tax revenue for the government but external actors could dampen this growth if regulations are not put in place. Read More
Money to fight climate change: Are taxes the answer?
COP27: The Sharm el-Sheikh agreement includes an estimate of the money required to fight climate change. To meet the demand, corporates will have to step in. New taxes may have to be imposed, and more innovative solutions sought. Read More
How best to save your taxes and ensure good returns
As citizens of India, it is our duty to pay our taxes on time. But at the same time nobody likes to part with their hard-earned money. But there are legal provisions on how we can save upon our taxes which will also ensure that we get good returns in the future as well. Read… Continue reading How best to save your taxes and ensure good returns
Budget 2023: Why a decision on cutting taxes won’t be easy for Nirmala Sitharaman
The most important question on everybody’s mind is whether the government will roll out any income tax cuts or not. It won’t be an easy decision to make. Industry body CII has batted for income tax cuts to boost disposable incomes at a time when recession in advanced economies will chip away some of the… Continue reading Budget 2023: Why a decision on cutting taxes won’t be easy for Nirmala Sitharaman
Unprofitable Startups May Owe 2022 Taxes
A provision in the Tax Cuts and Jobs Act (TCJA) changes how tax law treats research and development expenses … pushing many money losing startups into owing taxes. Read More