Tax System
-
Zero tax nations vs high tax countries: A global look at Income Tax systems
Personal Finance | Jan 23, 2025, 06:41 PM ISTDiscover the stark differences between tax-free countries like the UAE and Kuwait, where citizens enjoy zero income taxes, and high-tax nations like Finland and Denmark, which fund social welfare programs. This global tax comparison highlighted diverse economic models and their impact on citizens.
-
CAIT calls for fresh review of GST on its 6th anniversary
Business | Jul 01, 2023, 02:51 PM ISTCAIT Secretary General Praveen Khandelwal said that the GST tax system should be made stable and more simplified by removing the current existing anomalies.
-
Global body calls for urgent changes to international tax systems to tackle inequality
Business | Jan 21, 2020, 11:54 AM ISTReferring to an Oxfam study released here on Monday, Independent Commission for the Reform of International Corporate Taxation (ICRICTC) said the inequality crisis remains unaddressed and out of control as hundreds of millions of people are living in extreme poverty while large rewards go to those at the very top.
-
GST: Will it turn out to be a game changer for the Indian Economy
News | Jun 30, 2017, 10:31 AM IST -
GST Launch: Stage set for India's biggest tax reform, Congress to boycott the event
News | Jun 30, 2017, 10:24 AM IST -
Over 52,000 profitable companies pay nil tax
Mar 21, 2016, 07:26 AM ISTSo effective have some incentives been that companies making larger profits are now paying a lower rate of effective tax, reveals my analysis of national tax data over five years, specifically, the Statement of Revenue Impact of Tax Incentives under
-
How India's tax system helps heavily taxed cigarettes flourish
Sep 02, 2015, 01:46 PM ISTNew Delhi: In March 2015 - in response to a drop in sales as taxes more than doubled over four years - India's leading cigarette company ITC Ltd. shortened its discount Bristol-brand cigarettes by 5
-
India to have a modern, friendly tax system: Arun Jaitley
Apr 17, 2015, 07:21 AM ISTWashington: Having initiated a series of administration and legislative reforms, India is on its way to have a modern and friendly tax system, Union Finance Minister Arun Jaitley has said.“Such a modern tax system, which