Direct tax mop-up rises 20% to ₹5.74 lakh crore on higher advance corporate tax

Direct tax mop-up rises 20% to ₹5.74 lakh crore on higher advance corporate tax

Net direct tax collection grew 19.54 per cent to over ₹5.74 lakh crore so far this fiscal on higher advance tax payments by corporates. Also read: Union Budget should focus on fiscal prudence, tax restructuring, agriculture reforms: SBI Research The first instalment of advance tax, which was due on June 15, rose 27.34 per cent … Read more

Union Budget 2024: Tax parity, rationalisation of custom duty rates, US-India forum shares wishlist

Union Budget 2024: Tax parity, rationalisation of custom duty rates, US-India forum shares wishlist

Budget 2024 expectations: The Tax Policy Forum of the US-India Strategic Partnership Forum (USISPF) has submitted its wishlist ahead of the Union Budget for 2024-25, which will be tabled in the third week of July. The US-India Tax Forum has recommended that the government should establish equality in the tax obligations of domestic and foreign … Read more

US-India Tax Forum proposes key tax reforms for Union Budget 2024-2025 – CNBC TV18

US-India Tax Forum proposes key tax reforms for Union Budget 2024-2025 - CNBC TV18

The US-India Tax Forum, a dedicated policy group within the US-India Strategic Partnership Forum (USISPF), submitted a set of tax amendment recommendations for India’s Union Budget 2024-25.Union Finance Minister Nirmala Sitharaman will present the Budget on July 23. The proposals aim to foster a stable and predictable tax environment to boost investment sentiment across various … Read more

France must keep bond markets on side or face Truss-style meltdown

France must keep bond markets on side or face Truss-style meltdown

French politicians need to listen to bond markets – and keep them on side – or face a potentially catastrophic ‘Liz Truss scenario’, the CEO of a leading independent financial advisory and fintech has warned. The stark warning from Nigel Green of deVere Group comes as the political chaos in France is driving the gap between French … Read more

Montana’s housing crisis is a warning for older homeowners across the country

Montana's housing crisis is a warning for older homeowners across the country

Economy Montana’s housing crisis is a warning for older homeowners across the country Eliza Relman 2024-07-10T09:56:03Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn … Read more

Project 2025 Tax Overhaul Blueprint: What You Need to Know

Project 2025 Tax Overhaul Blueprint: What You Need to Know

If you’ve been on social media or tuned into the news lately, you may have heard about Project 2025, a controversial policy blueprint developed by the Heritage Foundation. A 900-page mandate from the conservative think tank is getting attention for its eyebrow-raising proposals. The legal organization, Democracy Forward has described Project 2025 as “among the most … Read more

MSP, loan waiver and crop insurance, crucial issues for farmers

MSP, loan waiver and crop insurance, crucial issues for farmers

The Bharatiya Janata Party-led National Democratic Alliance faced huge setbacks in the Lok Sabha elections in the agrarian belts of the country. The BJP lost in at least 38 seats in five States where the farmers’ movement against the policies of the Narendra Modi government was strong. This government is a continuation of the first … Read more

Your Guide To Tax Policy In Project 2025

Your Guide To Tax Policy In Project 2025

The title page reads, “Mandate for Leadership, the Conservative Promise — Project 2025, Presidential Transition Project.” What follows are 920 pages of sweeping changes for the “next conservative president” to put into effect or, if not sufficiently empowered, to recommend to Congress. From abortion to veterans affairs, the anthology of 30 chapters, each by a … Read more

Budget 2024: Industry players suggest govt to simplify tax system, give relief to middle class

Budget 2024: Industry players suggest govt to simplify tax system, give relief to middle class

Image Source : INDIA TV Budget 2024 Budget 2024: In the general budget for the fiscal year 2024-25, the focus should be on providing relief to taxpayers, especially those in the lower-income group, to boost consumption, Industry leaders suggested to Finance Minister Nirmala Sitharaman. Sitharaman is set to present the full budget for 2024-25 on … Read more

The NJ budget: More taxes, less transparency and why we will all pay more in 2025

The NJ budget: More taxes, less transparency and why we will all pay more in 2025

3-minute read Audrey Lane  |  Special to the USA TODAY NetworkI spent the days leading up to passage of this year’s New Jersey state budget at the Statehouse in Trenton.  It was an eye-opening and, at times, frustrating experience. Our state’s economic and fiscal policies are resulting in deficit spending, and the process surrounding those policies … Read more