Articles by S Murlidharan
Sep 19, 2019
Is liberalised remittances scheme becoming too liberal warranting a closer look? It is time govt set new limitsThe rapidly increasing outbound remittances peaked to $1.69 billion in July (for a single month) 2019
Jul 08, 2019
Super-rich tax lacks teeth: Special treatment for dividend, capital gains take away its stingFinance Minister Nirmala Sitharaman has steeply hiked the wealthy with a super-rich tax in Union Budget 2019
Jul 05, 2019
Income Tax Budget 2019: TDS on cash withdrawal is hardly a deterrent besides smacking of one-size-fits-allLoss-making concerns would feel the heat of this new measure because TDS would lock up their funds
Jul 03, 2019
IL&FS fiasco: Sending ICRA executive on leave isn't enough; time regulator kicked off sweeping reforms for ratersIL&FS went bust last year thus putting the rating agencies squarely in the dock.
Jun 28, 2019
EPFO has enough surplus to hike interest rate to 8.65% for FY19; hope the Finance Ministry does not put roadblocksThe EPFO had provided a five-year low rate of interest of 8.55 percent to its subscribers for 2017-18
Jun 26, 2019
ITR2 filing too complex and replete with avoidable details; Income Tax Department can use information from employers insteadITR2’s information appetite is gargantuan and voracious. One can imagine the plight of the filers uninitiated in the nuances of the income tax law
Jun 24, 2019
GST evasion: 10% of profiteered amount as penalty is draconian when the concept of profiteering itself is nebulousThe Narendra Modi government’s obsession with foiling profiteering under the Goods and Services Tax (GST) law is going on unabated.
Jun 19, 2019
Union Budget 2019: Minimum Alternate Tax should be abolished; it will send out right signals about reviving economy, solve unemployment issuesThe rationale for MAT was if a company could pay the dividend to its shareholders, it might as well pay income tax to the government.
Jun 17, 2019
Budget 2019: Six ways new Finance Minister Nirmala Sitharaman can overhaul India's tricky direct tax systemWith central excise and local sales tax accounting for roughly 50 percent of the petrol bunk prices, its migration to the GST regime brooks no delay
Jun 14, 2019
ESI contribution rate cut a step in right direction, but quality of services at hospitals leaves a lot to be desiredWith this reduction, the employers’ contribution to the ESI Act has been reduced to 3.25% from 4.75% and the employees’ contribution has been reduced to 0.75 percent from 1.75%.