Income Tax

Union Budget: A Closer Look at the Tax Cuts

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The biggest headline from the Union Budget for FY 2025-26 was the reduction in income tax for individuals. The government adjusted tax slabs and rebates, ensuring that individuals earning up to Rs. 12.75 lakh a year would pay no income tax. That translated to a maximum benefit of Rs. 83,200 for such taxpayers, with the […]

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The Politics of Indirect and Direct Taxes

Leave a Comment / Business & Economics, Economic Perspectives, Uncategorized /

Trump’s Tariff Fallacy? Political rhetoric often clouds self-evident truths. A striking example of this came recently during Donald Trump’s speech at the World Economic Forum, where he claimed, “China is paying us billions of dollars a year in tariffs.” He has repeatedly suggested that tariffs could bring trillions into the U.S. Treasury from foreign nations.

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