The electoral bonds scam has opened up the complex nexus between business and politics, making it visible for all to see โ how favours are earned and exchanged by the top 1% even as...
Recently, after my talk on the current economic situation in India at a private university, I was asked, why those students should be concerned about inequality and poverty.
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
While it targets welfare schemes, the Union government has also written off crores in outstanding loans for Indiaโs rich and given huge corporate tax rebates.
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th โ 19 days after it was imposed โ with effect from July...
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax โ contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax โ contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
Conversations on Finance Understanding Goods and Service Tax (GST), its impact and implications GST, as a concept, introduced by the UPA government in the budget speech by Chidambaram, is a reality today. Pranab Mukherjee,...