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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
No one likes to pay taxes. And if paying what you owe feels like a pinch, paying additional taxes by way of interest and penalties is even more painful.
It’s been years since I left practice as a chartered accountant, but I know that the months of June and July continue to have the same routine play out in the office. Clients who are informed of their tax liability splutter when they see that it’s significantly more than what they’d estimated and politely demand to see the calculations. And that’s when the interest component hits them.
If you’ve ever paid interest on your income tax, you know that the amount is a significant percentage of your tax liability. So how does one ensure that they don’t have this sort …
Beyond marginal savings for consumers, the promises held out by the GST cuts are a tall order. Maybe even delusional.
Stagnant wages and job growth are straining the economy. The government’s hyped tax breaks can do little to fix what is fundamentally wrong with demand.
Consumption took centre stage, while some sectors got more attention than others. But Nirmala Sitharaman’s budget failed to enthuse the markets.
