taxes

Wealth Tax: World Inequality Lab research recommends wealth, inheritance taxes on extremely wealthy

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Amid a raging political debate on wealth inequality, re-distribution and inheritance tax, a brand new analysis paper co-authored by economist Thomas Piketty has steered that India must impose a 2 per cent tax on internet wealth exceeding ₹10 crore and a 33 per cent inheritance tax to cope with the issue of rising inequality within … Read more

Commerce Ministry decides to increase RoDTEP scheme advantages to SEZ items

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The Commerce Ministry has determined to increase export advantages underneath the RoDTEP scheme for corporations within the particular financial zones (SEZs) and export oriented items (EOUs). This determination was communicated to the Director Common of International Commerce (DGFT) on February 16. The DGFT could challenge a proper notification quickly amending the overseas commerce coverage on … Read more