There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome. Illustrations: Uttam Ghosh/Rediff.com Union Budgets are forgotten......
Agricultural incomes can be taxed without hurting farmers, as a substantial section — the small and marginal ones — will remain outside the tax net simply because their incomes are......
The exclusion of petroleum products, though, will be for a limited period, till states reach comfortable revenue levels. "We will not call it ‘Goods and Services Tax’ if petroleum and......
FBT was an unpopular tax and withdrawn before the General Elections in 2009 The Tax Administration and Reform Commission (TARC) has suggested reintroducing the Fringe Benefits Tax (FBT) and Banking......