Budget 2021: The Case For Taxing Stock Market Gains Of Billionaires

The spectre is stark. Yes, the Indian economy, high-frequency indicators suggest, is pulling out of contraction. For sure, Goods and Services Tax collections show an uptick but the demand outlook is uncertain for many contributing sectors. Closures rendered over 30 million jobless and unemployment as per CMIE data was over 9% though has since moderated. A large part of the face-to-face economy, which hosts micro-enterprises and wage ...