taxes
- Business
UK’s Treasury chief set to raise taxes once again in her second budget
London: Following weeks of speculation, Britain’s unpopular Labour government will deliver its second budget later Wednesday since it returned to power in a landslide election victory in July 2024 after 14 years…
- Telangana
Telangana does away with transport check posts to improve efficiency
Hyderabad: Telangana’s Transport, Roads and Buildings department issued an order on Thursday, August 28, directing the removal of all transport check posts in the state. The move comes after the Union Ministry…
- Business
ITR date extended: how to choose between old and new tax regimes
New Delhi: With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime. Salaried employees or…
- Entertainment
Rs 125 crore! Meet India’s highest tax paying actor as of 2025
Mumbai: Amitabh Bachchan is a true Bollywood legend. For over 50 years, he has ruled the industry with his deep voice, strong presence, and powerful acting. Even at 82, he remains a…
- World
Tax evasion among self-employed foreigners on rise in Lithuania: Authorities
Vilnius: The number of self-employed foreigners avoiding taxes has been on the rise in Lithuania in recent years, according to the State Tax Inspectorate (VMI). The majority of those failing to meet…
- Middle East
Dubai reinstates 30 per cent alcohol tax effective from January 1
In a significant development, Dubai has announced a reinstatement of a 30 per cent tax on alcohol sales effective January 1, 2025, marking the end of a two-year suspension that began in…
- India
Bengal govt calls for 50% devolution of taxes to states
Kolkata: Sixteenth Finance Commission Chairman Arvind Panagariya on Tuesday said the West Bengal government has urged the panel to increase the devolution of taxes to states from the current 41 per cent…
- Hyderabad
Telangana: Funds sought from 16th Finance Commission for COVID-19 affected industries
Hyderabad: During a meeting with the 16th Finance Commission held at Jyotiba Phule Praja Bhavan on Monday, members of various trade bodies from Telangana like FICCI and CII have sought for change…
- India
Sitharaman speechless over high taxes in Indian stock market
Union Finance Minister Nirmala Sitharaman has been left speechless over the high taxes levied on Indian stock market brokers and real estate transactions. Later, the video went viral on social media. Nirmala…
- World
Trump could owe over USD 100 mn in taxes if he loses audit case: Report
Washington: Former US President Donald Trump could owe more than USD 100 million in taxes if he loses years-long Internal Revenue Service (IRS) inquiry into his claims of huge losses on his…
- News
Pro-poor approach adopted for GST implementation: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government has adopted “a pro-poor approach” while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage…
- India
I-T Dept detects cases of tax not being fully paid, fixes deadline to pay up
New Delhi: The Income Tax Department has identified some persons and entities whose payment of taxes for financial year 2023-24 is not commensurate with the financial transactions made by them during this…
- Business
Samsung family members selling $2 bn worth shares to cover inheritance taxes
Seoul: Members of Samsung Group’s owning family are set to sell nearly 2.6 trillion won ($2 billion) worth of shares in Samsung affiliates to cover inheritance taxes, a regulatory filing showed on…
- Pakistan
Pakistanis burn electricity bills, protest against imposed taxes
Islamabad: Thousands of people across Pakistan have taken to the streets to protest against soaring electricity bills and high taxes imposed by the government at a time when surviving high inflation has…
- World
Indian-origin man pleads guilty to tax evasion in US
New York: An Indian-American tax return preparer faces a maximum penalty of five years in prison after pleading guilty to evading assessment of his personal federal income taxes. Samir Patel of Statesboro,…
- 1
- 2