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Goods And Services Taxpayer

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TDS limit raised for seniors, rents and remittances

Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest income for senior citizens to Rs 1 lakh, and also increase the threshold to......

What Reforms Can We Expect, Modiji?

Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that,......

Sunak under Oppn fire over 'VIP access' for Infosys

The UK's Opposition Labour Party has claimed Infosys was effectively granted “VIP access” after a media report alleged the software services major was promised help to grow in Britain......

NDA Better For Economy Than INDIA In 2024

What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan. IMAGE: INDIA leaders address a journalists at......

'Basic needs not freebies, poor are more entitled to it'

Economist Jayati Ghosh said that 'basic needs' like nutrition, healthcare, housing and education, which the government should provide for its citizens, are not freebies, while asserting that the......

'Old Tax Scheme Will Naturally Go Away'

'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.' IMAGE: Finance Minister Nirmala Sitharaman with the Budget team. Photograph: ANI......

GST kitty up 7.3% to Rs 1.77 lakh cr in Dec

The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds. Illustration: Dominic Xavier/Rediff.com......

For a slightly higher government capex outlay

While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani. IMAGE: Union Finance Minister......

Sitharaman turns middle class hero with tax cuts, reforms

Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class and unveiled a blueprint for next generation reforms as she looked to shore up a slowing......

'Portfolios Need To Be Balanced This Year'

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.' Illustration: Uttam Ghosh/Rediff.com   "Accept that......

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