5 months ago Tags Economy Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024 The Central Board of Direct Taxes (CBDT) has recently announced the Direct Tax Vivad Se Vishwas Scheme, 2024 (DTVSV, 2024)
6 months ago Tags Economic Policies Windfall Tax The government has recently reduced the windfall tax on domestically-produced crude oil. What is Windfall Tax? Comparison with Regular Taxes:
6 months ago Tags Economic Policies Lok Sabha passes Bill to amend long-term capital gains (LTCG) tax The Lok Sabha passed the Finance Bill 2024, with significant amendments affecting Long-Term Capital Gains (LTCG) tax on immovable properties.
7 months ago Tags Digital Economy What Is the Equalisation Levy under Finance Act 2016? The government proposes withdrawing a 2% equalisation levy on non-resident e-commerce companies. About Equalisation Levy: Ref: Source UPSC IAS Preparation
7 months ago Tags Economic Planning Union Budget as litmus test of a rethink or stasis | Editorial Notes The Union Finance Minister is set to present the Union Budget 2024. Content Introduction: Budget Components and Fiscal Framework: Employment
8 months ago Tags Economic Policies GST Council The 53rd Goods and Services Tax (GST) Council met under the Chairpersonship of the Union Minister for Finance and Corporate
8 months ago Tags Angel Tax Angel Tax Led by the Confederation of Indian Industry (CII), industry stakeholders have called for the removal of Angel Tax due to
9 months ago Tags Economic Policies Goods and Services Tax Council The Goods and Services Tax Council was established by the President of India. It oversees the implementation and regulation of
9 months ago Tags Economic Policies Laffer Curve The Laffer Curve is a theoretical representation that illustrates the relationship between tax rates and the amount of tax revenue
9 months ago Tags Economic Reforms Towards Tax Justice & Wealth Redistribution in India A new research paper ‘Towards Tax Justice & Wealth Redistribution in India’ was recently released by World Inequality Lab. Key