000-tobecategorised

Amid debate about inheritance tax, rising share of personal income tax and indirect tax remains a concern https://www.thehindu.com/data/amid-debate-about-inheritance-tax-rising-share-of-personal-income-tax-and-indirect-tax-remains-a-concern/article68122636.ece  April 30, 2024 Recent data show that personal income tax collections have increased, while collections from corporate taxes have reduced.  the Finance Ministry released provisional data that showed an uptick in net tax collections. This is mostly driven by an increase in personal income tax and securities transaction tax collections. On the other hand, collections from net corporate taxes have reduced marginally. The data also show that revenues from personal income tax and securities transaction tax grew at almost double the pace compared to revenues from corporate taxes last year.

Net direct tax collections exceed 2023-24 target https://www.thehindu.com/business/Economy/direct-tax-collections-exceed-estimates-in-fy24-jump-18-to-1958-lakh-crore/article68090542.ece
Corporate tax receipts’ share slipped to 46.5% from 49.6% in 2022-23; personal income tax and securities transaction tax receipts grew at over double the pace of corporate taxes last year, say Finance Ministry data April 21, 2024.. India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore, marginally surpassing the revised estimates for the year, thanks to a surge in personal income taxes whose share of the tax kitty rose to 53.3% from 50.06% in the previous year while corporate taxes’ contribution dipped to 46.5% from 49.6%.  

https://www.civilsdaily.com/news/the-rising-share-of-personal-income-tax-and-indirect-tax-is-a-concern/ Recent data show that Personal Income Tax Collections have increased, while collections from Corporate Taxes have reduced. This trend is accentuated by the sharp decline in corporate tax following the 2019 tax cuts. 

Chart 2 demonstrates a historical trend where indirect taxes had been decreasing since the 1980s, whereas direct taxes were on the rise. However, recent years have witnessed a reversal of this trend, with indirect taxes increasing and direct taxes declining.

the majority of personal income tax filers fall within the ₹1 lakh-₹5 lakh annual income bracket, indicating that middle-income earners are disproportionately affected.

These charts were made by Rachita Rabboni, who isinterning with the Hiindu Data team 

Crossing The Line: 18th Lok Sabha Elections and Free Speech In India  https://freespeechcollective.in/crossing-the-line18th-lok-sabha-elections-and-free-speech-in-india/ MAY 1, 2024  In the run up to the most contentious and divisive general election that India has witnessed, there have been at least 134 instances of free speech violations in the country.  Free Speech Collective’s review of free speech in India in the first four months of 2024 reveals that the crackdown has been across the board. Journalists, academics, YouTubers, students and other citizens have faced arrests, attacks, threats, harassment and censorship, marked by arbitrary enforcement of rules and laws. Alongside, authorities have been prickly about what is perceived to be critical international coverage, as Avani Dias found out before she was forced to leave India abruptly, an invisible boundary had been drawn.

full report https://freespeechcollective.in/wp-content/uploads/2024/05/Crossing-The-Line-18th-Lok-Sabha-Elections-and-Free-Speech-In-India_FSC-Report_1May2024.pdf 

Chemicals linked to cancer found in Acne creams including Proactiv, Clearasil https://www.livemint.com/science/health/chemicals-linked-to-cancer-found-in-acne-creams-including-proactiv-clearasil-11709731563797.html 
 06 Mar 2024,Acne products from brands including Proactiv, Target Corp.’s Up & Up and Clinique have elevated levels of the carcinogen, an independent testing laboratory said in a petition filed with the US FDA. Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer.