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tax debate - Super-Rich be Made to Pay - Indias wealth tax debate - Taxscan

India's wealth tax debate: Should Super-Rich be Made to Pay more?

Kavi Priya

India has one of the highest levels of wealth inequality in the world, with the richest 1% owning more than 40% of the country's wealth. While...

Economic Calendar

Budget 2024 - FM - Capital Expenditure - GDP - taxscan

Budget 2024: FM Proposes Rs. 11,11,111 Crore to be Invested in India's Capital Expenditure, 3.4% of...

Pro-Poor Approach: Finance Minister explains benefits of GST

ICAI - GDP - Taxation strategies - Ranjeet Kumar Agarwal - Tax revenue enhancement - Tax to GDP Ratio - TAXSCAN

ICAI to Recommend Strategies for Enhancing Country's Tax to GDP Ratio, says President Ranjeet Kumar...

Lok Sabha Passes Finance Bill, 2024 on 7th February

The Lok Sabha passed the Finance Bill 2024 on 7th February 2024. The Interim-Budget 2024 was presented by the Union Finance Minister Nirmala Sitharaman on 1st February 2024. No tax changes were...

Lok Sabha - Lok Sabha Passes Finance Bill - Finance Bill 2024 - Interim Budget - Interim Budget 2024 - Nirmala Sitharaman - TAXSCAN

Budget 2024: FM notes Hike in Capital Expenditure to Over ₹11 trillion [Read Finance Bill]

In the Interim Union Budget 2024, presented today, the finance minister Nirmala Sitharaman noted the hike in capital expenditure to over rupees 11 trillion. Ahead of the general...

Budget 2024 - Interim Budget 2024 - Union Budget 2024 - Budget 2024 live - Budget 2024 news - TAXSCAN

India's Direct Tax-to-GDP Ratio Hit 15-year High of 6.11 % in 2022-23

India's direct tax-to-GDP ratio hit a 15-year high of 6.11 per cent in 2022-23, hovering near its peak of 6.3 per cent reached in 2007-08, according to data released by the Central Board of Direct...

Direct tax - CBDT - GDP - Interim Budget 2024 - Central Board of Direct Taxes - Finance Minister India - TAXSCAN

Budget 2024: Must Lay Major Increase in Public Capex: FCCI

As a part of Interim Budget 2024, Finance Minister Nirmala Sitharaman is expected to announce a series of measures aimed at boosting consumption, implementing reform policies for a fair playing field...

Budget 2024 - Interim Budget 2024 - Interim Union Budget 2024 - Budget 2024 Live - taxscan

Budget 2024: MSME Sector expects Enhanced Availability of Credit and Increase in Funding Channels

The MSME sector hopes for enhanced availability of credit, increased funding channels. The MSME sector constituted around 29.15 per cent of the country’s GDP in 2021-22. The sector stressed on the...

Budget 2024 - MSME - Funding Channels - MSME sector budget 2024 - Budget news - Budget 2024 impact on MSME - TAXSCAN

Why Budget 2024 may set modest Tax Revenue Targets for FY25

In the upcoming interim budget scheduled for February 1, the Centre is expected to budget a conservative 9-11% rise in net tax revenue receipts for the fiscal year 2025, compared to the current...

Budget 2024 - tax revenue - Revenue Receipts - Financial Planning 2025 - Government Revenue Forecast - taxscan

Charting a Course for India's Innovative Ecosystem: Systems Approach to Budgetary Expenditure

India's technological prowess has been a driving force behind its economic surge over the last three decades. The Union Budget each year stands as a testament to the nation's commitment to sustaining...

Budgetary Expenditure - Union Budget - TAXSCAN

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