Tag Archives: VAT

The Adventures of the Taxpaying Common Man

Most people probably have a love-hate relationship in their minds with Kim Kardashian. On one hand, she’s always on the media radar, on the other hand, she’s always on the media radar. You probably also have a love-hate relationship with your taxes, on one hand, you never know if the bill at the restaurant fits… Read More »

8 Taxes All Indians Pay

A long weekend out could burn a hole in your pocket and you don’t know why you’ve overshot your budget. A lot of us forget to figure in the added taxes as they are left out of the menu or tags. There are many small taxes we pay every day, apart from the annual income… Read More »

GST: Will bludgeoning bats continue to torment?

Of late, consumers and enterprises in India have been feeling a lot like Aussie bowler Mitchell Johnson in the recent AUS-NZ World Cup face off. If Johnson was left battered after having ducked blow after bludgeoning blow from Kiwi batsman McCullum’s willow, Indian taxpayers find themselves doing some ducking of their own. For, they end… Read More »

The bottomline for Indian businessmen: a tax-friendly Union Budget

Sameer Kochar is a businessman running a kids’ cycle manufacturing plant in Ludhiana. His business had been doing well, but has been slowly losing its luster due to the competition from cheap imports from China. Sameer has been dejected not because he failed in the business due to his lack of dedication or focus but… Read More »