progressive taxation: Too few people paying income tax a structural issue; what can be done to expand tax base? Mitali Nikore answers

progressive taxation: Too few people paying income tax a structural issue; what can be done to expand tax base? Mitali Nikore answers

Mitali Nikore, Founder & Economist, Nikore Associates, says large number of voters not paying taxes in India is a structural issue. There is a need to look at the corporate taxes and the taxes on small businesses and startups because startups get a lot of exemptions and some support which they should as should MSMEs. … Read more

ETMarkets Smart Talk: We could see tweak in corporate & personal tax to boost consumption in Budget 2024: Samir Bahl

ETMarkets Smart Talk: We could see tweak in corporate & personal tax to boost consumption in Budget 2024: Samir Bahl

“We might also see some change in corporate tax rates along with lowering tax rates for certain categories of individuals to boost consumption,” says Samir Bahl, CEO – Investment Banking, Anand Rathi Advisors. In an interview with ETMarkets, Bahl said: “Government might provide more aid to MSMEs through schemes for supply chain development, manufacturing facilities … Read more