Indian Tax Revenues, as I’ve said earlier (Where are the taxes?), are not quite reflective of the buoyant mode of the market.

October 2009 data is now out, and total tax revenues are about 9% below last year to date numbers, at Rs. 2.14 trillion (lakh…

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John Mauldin asks: If this is recovery, where are the taxes?

I can find no single source of recent sales tax information. It is all one-off, but it is consistent. Sales taxes in my home state of Texas are down 12.8% year-over-year, and we’re in the fi…

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The new Direct Tax Code is out (full draft) and proposed to cut taxes dramatically starting 2011. From a current slab of about 1.6 lakh, 3 lakh and five lakh (10%, 20% and 30% rates) – the new slabs will be 1.6 lakhs, 10 lakhs and 25 lakhs.

The flip s…

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