Tax
- World
Trump threatens to strip Harvard University of its tax-exempt status
Washington: The row between Harvard University and US President Donald Trump escalated further after the elite university refused to accept far-reaching policy changes ordered by the White House, and Trump threatened to…
- Featured News
Beyond GDP: Building an inclusive India
By Anandini Gupta India is now the 5th largest economy in the world. This narrow GDP-centric metric is often mistakenly understood as a representation of the progress and growth of the country…
- India
Mauritius seeks amendment in double taxation avoidance convention with India: FM
Port Louis: Mauritius is pressing for amendments to its trade agreement, including Double Taxation Avoidance Convention (DTAC) with India, Foreign and Trade Minister Dhananjay Ramful said. In an interview with PTI Videos…
- Business
GST rates to be reduced further, rationalisation on the cards: FM Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion. FM Sitharaman…
- Business
Adani Portfolio’s tax contributions reach Rs 58,104 crore for FY 2023-24
Ahmedabad: The Adani Group’s total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24, showcasing a significant increase from the previous year’s Rs…
- Telangana
Harish Rao slams Union min Piyush Goyal for ‘choti soch’ remark
Hyderabad: Bharat Rashtra Samithi (BRS) MLA T Harish Rao criticised Union Minister for Industry and Supply Piyush Goyal for his remark on southern states including Telangana. It is to be noted that…
- India
Hopes running high of tax cut as Sitharaman presents record 8th budget
New Delhi: A cut or tweak in income tax rates/slabs to ease the burden of middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala…
- Middle East
Saudi Arabia extends tax amnesty initiative
Riyadh: The Kingdom of Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has extended the cancellation of fines and exemption of penalties initiative until June 30, 2025. The initiative was earlier extended…
- Middle East
Kuwait to impose 15 pc tax on multinational companies
Kuwait City: Kuwait is set to impose a 15 percent tax on multinational companies operating in more than one country or a state starting January 1, 2025. The Kuwaiti cabinet recently approved…
- Middle East
UAE announces corporate tax registration exemptions
Abu Dhabi: The United Arab Emirates (UAE) has announced that certain businesses are exempt from registering for corporate tax that will be introduced in June this year, the Emirates News Agency (WAM) reported.…
- India
Will the Union Budget impact your lifestyle?
Delhi: The 2023-2024 Union Budget was announced and what impact will it make on your life and style in the coming year? While some industries had favourable results that will spur the…
- World
UK PM Rishi Sunak sacks Tory party chief over tax penalty row
London: British Prime Minister Rishi Sunak on Sunday sacked one of his Cabinet ministers and Conservative Party chairman, Nadhim Zahawi, after he was found to have been in serious breach of the…
- World
Donald Trump Organisation fined $1.6 million for tax fraud
New York: Donald Trump’s company was fined 1.6 million Friday as punishment for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks a symbolic,…
- India
Actor Anushka Sharma moves Bombay HC against Sales Tax dept orders seeking dues under Maha VAT Act
Mumbai: Actor Anushka Sharma has moved the Bombay High Court challenging two orders passed by the deputy commissioner of Sales Tax raising dues for 2012-13 and 2013-14 assessment years under the Maharashtra…
- Middle East
Dubai scraps 30% tax on alcohol sales, fee for liquor licenses
Abu Dhabi: In a major decision, the Dubai government on Sunday ended 30 per cent tax on alcohol sales and made liquor licenses free to obtain, Dubai Municipality reported. The rule for…
