TK Arun The government announced income tax concessions amounting to a total of ₹1 trillion to stimulate demand in the economy. The savings on tax outgo will take time to accumulate into a meaningful chunk of additional purchasing power in…
DigiDhan Dashboard is a full-featured digital platform launched by the Ministry of Electronics and Information Technology (MeitY), Government of India. It has the function of monitoring, reporting, and analyzing digital payment transactions throughout the nation. The dashboard is a significant component of the overall DigiDhan Mission and a crucial tool in facilitating a cashless economy through real-time insights.
Tax deducted at source (TDS), is a tax collection mechanism utilised by the Government of India for the collection of revenue at the very source of income. TDS is a form of indirect tax that ensures a regular revenue source for the government, advances tax collection, prevents tax evasion, and widens the tax base.
GDP numbers released in the Press Note dated February 28, 2025 (henceforth referred to as ‘the document’) present four sets of data. They pertain to: (a) Quarterly Estimates of GDP for Q3 (October-December) of 2024-25; (b) Advance Estimates of Annual GDP for 2024-25;(c) First Revised Estimates (RE) of GDP and macro aggregates for 2023-24; and (d) Second Revised Estimates or Final Estimates (FE) for 2022-23.
The most sophisticated justification for Trump’s tariff spree comes from Stephen Miran, who heads the president’s council of economic advisers. Miran’s contention is that the normal economic argument in favour of unrestrained trade does not apply to the US because of America’s special circumstance.
The week in review was dominated by US president Donald Trump, as every week has been since his inauguration on January 20.
The Google Tax was slated to die, but Donald Trump has removed the rationale for its dignified death. Now, removal of the digital tax is achieved by US bullying, by means of the tariff threat.