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Income
Opinion  /  Published 25.10.20

Many lines: Poverty measured by income

A recent report brought out by the Union ministry of rural development claims that poverty should not be measured by the lack of a subsistence level of income alone. Subsistence income is usually esti...
By The Editorial Board in

Business  /  Published 24.10.20

Tax returns by December 31

The government on Saturday extended the deadline for filing returns by individual taxpayers for 2019-20 by a month till December 31. For those taxpayers whose accounts need to be audited, the deadlin...
By Our Special Correspondent in New Delhi

Calcutta  /  Published 08.10.20

UBI sounds like begging: Laureate

Giving cash handouts directly to citizens to address the economic pain is being advocated by many economists and public policy experts, including former RBI governor Raghuram Rajan. Yunus compared th...
By Debraj Mitra in Calcutta

Calcutta  /  Published 02.10.20

Women’s income hit more by Covid blow

A professor of psychiatry at CMC Vellore said women had specific roles that were not “appropriately acknowledged”. “Sometimes some roles, for example the role of a caregiver, is not...
By Jhinuk Mazumdar in Calcutta

Business  /  Published 30.09.20

November 30 last date for filing tax returns

Some changes in tax collection at source (TCS) will take effect from October. They relate to tax collection at source for foreign remittances and sale of goods in a year in excess of Rs 50 lakh by se...
By A Staff Reporter in Calcutta

World  /  Published 28.09.20

Trump: lavish life but zero tax for 11 years

President Donald Trump said on Monday he paid “many millions of dollars in taxes” but was entitled to depreciation and tax credits and added that he was under-leveraged, having more assets...
By David Leonhardt in

World  /  Published 28.09.20

US tax-shy Trump paid more in India

...
By Our Bureau in New Delhi

Opinion  /  Published 30.08.20

Taxation: The art of plucking the goose

“A government that robs Peter to pay Paul can always depend on the support of Paul.” — G.B. Shaw History suggests that high and accelerating debt levels are common during wars. Covi...
By Krishnan Ranganathan in

Business  /  Published 23.08.20

The after-tax income 50/30/20 rule

Just as a government budgets its annual expenditure plan, for individuals a budget of expenses along with a financial self-audit can help to keep track of how one’s earnings are s...
By Pinak Ghosh in Calcutta

Business  /  Published 21.08.20

Tax: 24 lakh get refunds

The income tax department has provided refunds worth Rs 80,000 crore to over 24 lakh taxpayers so far this financial year. This includes personal income tax refunds of Rs 28,180 crore issued to over ...
By Our Special Correspondent in New Delhi


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