Direct tax reforms have eased the burden on the salaried middle class, with broader economic ripple effects. The logic is simple—every rupee saved in taxes is a rupee potentially spent, fueling ...
Drugs and medicines under Patient Assistance Programmes run by pharmaceutical companies were being made fully exempt from customs duty, provided they are supplied free of cost to patients ...
The large cuts in income tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the sequencing been reversed — IT cut first, corporate tax cut later — the resu ...