Tax Policy

The Godot of India's Economy: Unlocking Growth by Attracting NRIs. (Image Source: Reuters)

How one simple tax change could unleash a Rs 37,000 crore NRI windfall for India

The article analyses the impact of India’s taxation rules for Non-Resident Indians (NRIs) and how a policy change could attract…

August 23, 2025 17:22 IST

GST Council Meeting Outcome: From popcorn, luxury watches, cigarettes, food delivery apps to EVs – Here’s what will be cheaper, costlier under new GST rates

The GST Council has stated that ready-to-eat popcorn mixed with salt and spices will attract a 5% GST if it…

Updated: December 22, 2024 10:36 IST

Goods and Services Tax Council Meeting highlights: Check GST rates

GST Council Meeting Highlights: Nirmala Sitharaman defers decision on insurance tax, no decision on GST on ATF, food delivery apps; GST on marginal value of all used cars at 18%

55th GST Council Meet highlights: In today’s meeting, the GST Council decided to defer discussions on several key issues including…

Updated: December 21, 2024 20:04 IST

tax, UNFCCC, GVCs, SDG, Kyoto Protocol, global value chains, United Nations, UN

Tax-fit and sustainably rich

The next cycle of the Committee Bureau meetings should contemplate the addition of annexures pertaining to the early protocol on…

November 29, 2024 04:00 IST

90,000 income-tax notices made valid as Supreme Court backs taxman

The Finance Act 2024 revised the procedure for assessments whereby a case could be reopened beyond three years from the…

October 4, 2024 06:15 IST

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I-GST panel finalises plan to address “negative balance” issue

According to data on the Controller General of Accounts, in April-July of FY25, the Centre’s IGST collections stood at Rs…

September 21, 2024 01:30 IST

Tax Talk: Filing tax returns early can be costly

Form 26AS in June may not have had complete income details of Q4.

August 19, 2024 01:15 IST

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US to shut down airspaces amid controller shortage

US News8 min ago

US Transportation Secretary Sean Duffy has warned that parts of American airspace may have to be shut down if air traffic controllers continue missing work amid the ongoing government shutdown. On Sunday, more than 5,000 flights were delayed, with waiting times stretching to over four hours.

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