A report shows that states would require a compensation to the tune of at least Rs 1.67 trillion in 2024-25, as none of them would be able to achieve a 14 per cent growth every year. Illustration:......
Corporates, particularly in the fast-moving consumer goods, pharmaceuticals and consumer durables sectors, will have to rework their procurement patterns for the value-added tax because of the......
According to the NIPFP, there is the possibility that even if the banking system matures over time, some transactions could bypass the system so as not to pay the BTT. Illustration: Uttam......
The country loses as much as Rs 54,560 crore (Rs 545.60 billion) - a seventh of potential tax revenue - to a plethora of exemptions. This is according to a study just completed by the National......
With only nine months remaining before the proposed implementation of the Goods and Services Tax, building a consensus on amending the Constitution to provide wider taxation powers to both the......