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tax base news

Nearly ₹2 lakh cr will be in people's hand due to GST reforms: FM Sitharaman

Union Finance Minister Nirmala Sitharaman, during an interview with PTI, in New Delhi, Saturday, Sept. 6, 2025.
business
Published on Sept 21, 2025 06:06 pm IST

IRS tax bracket changes in 2024 may result in bigger paychecks, what are they?

Representational Image
us news
Published on Dec 27, 2023 09:43 pm IST

New pathways to build Viksit Bharat

Free water and free power to agriculture lead to major inefficiency in water use(HT Files)
opinion
Published on Nov 09, 2023 03:25 am IST

Gross income of taxpayers rose 56% in 8 yrs, from ₹4.5 lakh to ₹7 lakh: Govt

The increase in average gross total income for top 1% individual taxpayers is 42% while that for bottom 25% individual taxpayers is 58% (File Image)
business
Updated on Oct 26, 2023 10:25 pm IST

Direct tax collections reach ₹11.07 lakh crore, up 18% YoY

Representative Image
business
Published on Oct 10, 2023 09:23 pm IST

Budget may reform GST filing process

The budget is expected to announce several direct and indirect tax reforms including further simplification of income-tax laws
budget
Updated on Jan 25, 2020 05:19 am IST

The quest for a simpler and more efficient GST

Tax system design is full of difficult trade-offs, but there are powerful rules of thumb that can guide policymakers. Simplicity and stability are crucial — a complicated tax system is likely to be expensive, inefficient, and inequitable, while frequent policy changes make it difficult for taxpayers to plan
analysis
Updated on Dec 02, 2019 06:58 am IST

The economic contraction | HT Editorial

The second factor at play is the squeeze on farm incomes through low inflation
editorials
Updated on Nov 12, 2019 06:20 pm IST

Moody’s lowers India’s outlook to ‘negative’ from ‘stable’ citing lower economic growth

Moody’s Investors Service has changed the outlook on India’s ratings to ‘negative’ from ‘stable’
business
Updated on Nov 08, 2019 09:22 am IST

Govt plans rejig in personal tax slabs to boost spending

Government officials have been working on simplifying archaic income-tax laws and rationalising tax rates in line with recommendations of the task force on the Direct Tax Code (DTC), which submitted its report on August 19. (Photo @nsitharaman)
india news
Updated on Jul 05, 2020 03:43 pm IST

Build the budget around government spending

The Indian economy’s biggest vulnerability is oil, and in its first term, the Modi-led government benefited from a benign global oil-price regime. That isn’t available to the new government
columns
Updated on Jun 08, 2019 06:10 pm IST

Cash transfer promises: Recipe for a fiscal disaster

The notion of rich is relative. 99.7% of households in India earn less than Rs 1 lakh per month
analysis
Updated on Apr 27, 2019 10:31 am IST

50% more tax returns filed this year; official credits notes ban for spike

CBDT chairman Sushil Chandra exuded confidence that the revenue department would achieve direct tax collection target of Rs 11.5 lakh crore for the current financial year ending March 31, 2019.
india news
Updated on Dec 04, 2018 07:26 pm IST

PM Modi should accept demonetisation was wrong, writes Rajdeep Sardesai

An old man crying for missing his spot in the long queue at State Bank of India’s New Colony branch, in Gurgaon, on December 13, 2016.
analysis
Updated on Nov 09, 2018 09:17 pm IST

Demonetisation a ‘shrewd scheme’ to help PM’s ‘suit-booted friends’: Rahul Gandhi

Congress chief Rahul Gandhi on Thursday alleged that demonetisation was a planned “brutal conspiracy” and a “shrewd scheme” to convert the black money of Prime Minister Narendra Modi’s “suit-booted friends”.
india news
Updated on Nov 08, 2018 09:03 pm IST

81,000 Indians earned in excess of Rs 1 crore in FY17, says CBDT data

The number of returns filed by taxpayers has also increased by 65% from 33.1 million in 2013-14 to 54.4 million in 2017-18.
business
Published on Oct 22, 2018 11:51 pm IST

GST cheer for government as states’ shortfall drops

Finance Minister Arun Jaitley during an interview with Hindustan Times at his office in North Block, New Delhi, India, on Tuesday.
india news
Updated on Oct 05, 2018 09:12 am IST

Few hits and many misses from demonetisation after two years

The return of 99.7% of the banned 500- and 1,000-rupee notes to the banking system showed the desired results of demonetisation could not be achieved.
india news
Updated on Sept 24, 2018 11:53 pm IST

Economy formalised, tax base widened: Arun Jaitley on demonetisation

In his post, Arun Jaitley argued that the anonymity about the owner of cash disappears when money is deposited in banks.
india news
Updated on Aug 30, 2018 11:49 pm IST

Recent GST rate cut to weigh on govt finances: Moody’s

Revenue Secretary Hasmukh Adhia attends the session on 'One Year Journey Of GST' at FICCI office, in New Delhi.
business
Published on Jul 30, 2018 12:44 pm IST
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