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SYLLABUS: GS 2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Focus: Talks of reintroduction of inheritance tax as a part of political conversation in the present Lok Sabha election cycle is catching up. Understanding Inheritance Tax Nature of Tax: Inheritance tax is imposed on …
Read MoreSyllabus: GS 3: Indian Economy and issues . Taxation and Tax reforms Government Budgeting Policy Transformation Why in the News? Recent tax data revealing a surge in personal income tax collections and a decline in corporate tax revenues have sparked discussions on India’s tax system’s fairness and effectiveness. The shift towards greater reliance on personal …
Read MoreSyllabus: GS 2: Issues arising out of their Design and Implementation of Policies Bilateral, Regional and Global Agreements involving India and/or affecting India’s interests. GS 3: Taxation and Effects of Liberalization on the Economy, Why in the News? This article is in the news due to recent amendments to the India-Mauritius tax treaty, aimed at …
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