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Tuesday, February 2, 2021

'Budgets aren't for tinkering with taxes'

Increased sharing of info between different arms of the govt and banks has made hiding income or evading tax an increasingly difficult task, finance secretary Ajay Bhushan Pandey tells TOI’s Sidhartha, Rajeev Deshpande and Surojit Gupta.

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Cotton duty relief: Textile industry welcomes import tax waiver, sees boost for exports and MSMEs

The Centre has exempted customs duties on cotton imports for five months until October 30, aiming to boost availability and reduce costs for...