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Taxation
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 02.07.20

Land sale boosts Eveready

Eveready Industries has reported a 205 per cent rise in profit before tax and exceptional items in the fourth quarter on the back of an expansion in the gross margin. The maker of battery, flashlight...
By Our Special Correspondent in Calcutta

Business  /  Published 14.06.20

Beer seeks new tag for lower tax

Beer manufacturers have called for a delinking of the beverage from liquor which has greater alcohol content along with a centralised taxation policy. This comes in the wake of states pushing up tax r...
By Pinak Ghosh in Calcutta

Business  /  Published 19.02.19

Twin rates for GST on realty

The group of ministers appointed by the GST Council has recommended two GST slabs for under-construction houses — 5 per cent for normal flats and houses and a reduced rate of 3 per cent for “affor...
By Jayanta Roy Chowdhury in New Delhi

Jharkhand  /  Published 09.06.20

Holding tax defaulters in Hazaribagh to pay fine

Holding tax defaulters in the city for the financial year 2020-21 will now have to pay it along with a 14 per cent fine. The fine applies to at least 1,200 home owners who failed to pay the tax within...
By Vishvendu Jaipuriar in Hazaribagh

Business  /  Published 24.12.18

Arun Jaitley hints at GST rate rejig

Finance minister Arun Jaitley on Monday said the government could look at merging the 12 per cent and 18 per cent slabs in the GST structure and taking cement off the top bracket of 28 per cent.In a b...
By Our Special Correspondent in New Delhi

Business  /  Published 06.07.19

Tea firms wary

Tea growers have sought a review of the budget proposal to tax cash withdrawal in excess of Rs 1 crore from a bank account as it would hurt their operations in remote areas. The Indian Tea Association...
By TT Bureau in Calcutta

Business  /  Published 29.08.19

RBI plugs land, labour reform

[{"id":1,"type":"text","value":"The RBI on Thursday said the economy was showing signs of sliding into a \u201ccyclical downswing\u201d and gave the highest priority to reviving consumption demand and...
By Our Special Correspondent in Mumbai

West Bengal  /  Published 06.07.19

Budget cash tax hits tea belt

The Union budget proposal to levy a 2 per cent tax at source if annual cash withdrawals exceed Rs 1 crore has come as a blow to north Bengal’s ailing tea industry as most gardens disburse wages in c...
By Avijit Sinha in Siliguri

India  /  Published 20.03.20

Tax recovery relief for virus stayed

The Supreme Court on Friday stayed two orders passed by the Kerala and Allahabad High Courts that had restrained the Centre and state governments from initiating tax recovery proceedings till April 6 ...
By Our Legal Correspondent in New Delhi


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