Tax Axe

Income, excise and service taxes may be raised in budget 2012

After the party, the hangover. The centre's finances are running out and the next budget could raise income tax and excise

Pranab's inflation options: Higher taxes or higher rates?

Food inflation is back in double digits in a year of record harvests. It is time for the finance minister to align the fiscal side with the RBI's anti-inflationary stance