Thursday, July 7, 2022

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Taxation

Brown tax or equity? The Akshata Murthy Saga

A great hoo-ha has been created in British media about proletariat’s suffering even as the super-rich enjoy tax breaks. This narrative has been embraced by the woke left in the USA as well and is currently in fashion.

PIB exposes fake news by NDTV on Union Budget

In its live telecast during the Budget speech, NDTV flashed a message that the Corporate Tax has been reduced to 15%.

From mocking CNN to calling wokeness huge threat to modern civilisation: What Elon Musk told Babylon Bee

Besides CNN and wokeness, Musk spoke on over-taxation, Tesla stocks etc. during his interview with satire website Babylon Bee

After Elon Musk decides to sell 10% Tesla shares based on Twitter poll, this is his reply to US senator who objected to it

Musk's hilarious comment to US senator Ron Wyden has received over 12 thousand RTs and over 67 thousand likes.

Finance Ministry introduces bill to withdraw retrospective tax and refund collected amounts, says the tax is a sore point for investors

Finance ministry to amend the Income Tax Act, 1961 to remove the provisions of retrospective tax introduced by UPA govt in 2012.

Relief for senior citizens, ease in filing of IT returns: Here’s all the Indirect and Direct tax proposals in Budget 2021

Considering the circumstances, the tax provisions in the Union Budget 2021 acquires special significance.

PM Narendra Modi launches Transparent Taxation platform, Taxpayer’s Charter to honour the honest taxpayers

PM Modi launches new transparent taxation platform including Faceless assessments, Faceless appeals, and Taxpayer's charter

PM Modi to launch ‘Transparent Taxation’, direct tax reforms to benefit taxpayers, ease the process

PM Narendra Modi will today launch 'Transparent Taxation', a drive intended to bring benefits for the taxpayers and ease the process of compliance for honest taxpayers.

GST exemption on hand-sanitiser has the potential to increase price of domestic products and incentivise import from China: Read how

Exemption of GST on a product blocks the input tax credit available for a manufacturer, which gets added to the retail price

Making sense of the tax on parota vs roti debate: Read what the GST authority’s ruling exactly says

The tax order saying parotas are not rotis is applicable only for packaged parotas, and not for regular parota available at restaurants

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