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FY24 budget ignores fiscal policy as a tool for equitable growth

Any effort at halting inequality and reversing the trend has to start from a political commitment, an understanding of the factors at work, and adoption of necessary measures to attain the goals. ....

United Kingdom , National Board Of Revenue , National Board , Fy23 24 , Fiscal Year , Bangladesh Budget , National Budget , Fiscal Policy , Stax Net , Inequality In Bangladesh ,

Demonetisation widened tax net, led to seizure of Rs 900 Cr: Finance Ministry

For 2017-18, net direct tax collections witnessed a growth rate of 18 per cent over 2016-17, which was the highest in the preceding seven fiscal years. ....

Income Tax Department , Finance Ministry , Stax Net , Tax Collections , Positive Impact , Government Figures ,

BBCNEWS BBC News at Six June 4, 2024 18:17:00

Between 2005 and 2020 the number of uk taxpayers has remained remarkably constant around 31 million, within that the number paying the 40p higher rate is around four million. since then, with the thresholds frozen, there are now 34m taxpayers, and it s heading for 35m by 2026, and 36m if extended out on thursday. meanwhile the number of higher rate taxpayers could go from 4 million in 2020 to over double that to 8.5 million so lots more tax revenue from a wider tax net of taxpayers. so tough decisions on spending and tax, some pushed into the future past 2025. an acknowledgement of the balancing act of making the numbers add up and not worsening the immediate recession. thank you. ....

Four Million , 31 Million , Rate Taxpayers , Tax Revenue , Stax Net , 8 5 Million , 4 Million , The Balancing Act Of Making ,