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Saturday, May 04 2024

tax

US: Biden’s 15% corporate tax could be halted

04-Sep-2022 North America

US President Joe Biden's historic inflation reduction act that seeks to slap a flat 15 per cent tax on corporates to raise government revenues for climate...

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Berlin: German Chancellor denies exerting influence in tax fraud scandal

20-Aug-2022 Europe

German Chancellor Olaf Scholz has denied exerting influence in a multi-million euro tax fraud case against Hamburg-based Warburg Bank, in a parliamentary hearing into sprawling...

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Karnataka: ‘No review of letting State tax NE states’ lotteries’

19-Aug-2022 Bengaluru

The Supreme Court has declined to entertain a review petition by the Meghalaya government to reconsider its judgement, which declared that a state has got...

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Washington: US House Democrats pass sweeping healthcare, tax & climate bill

13-Aug-2022 North America

Democrat lawmakers in the US House has passed a sweeping health care, tax and climate change...

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Canberra: Australia’s largest retail bank posts surge in profits

10-Aug-2022 Australia

The Commonwealth Bank of Australia (CBA), the country's largest retail bank, posted a cash net profit after tax of A$9.595 billion ($6 billion) in its...

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Delhi: I-T raids 40 locations linked to ghee firm in Maha

20-Jul-2022 Delhi

The Income Tax department on Wednesday July 20 conducted search operations at around 40 premises belonging to Madhusudan Ghee in Mumbai and other places in...

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Tax rationalisation on premium alcohol-beverage, ISWAI urges

24-Jun-2022 Bengaluru

However, the overall excise revenue generation is not in line with the consumption as even states which have lower consumption are generating comparatively higher...

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Hearing on tax case against pro-Pak B’desh leader postponed

06-Jun-2022 Asia

The Bangladesh High Court on Sunday June 5 postponed, for one week, the hearing of the writ petition filed by Gana Forum President Kamal Hossain...

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No restaurant can charge 18% tax on products, says complaint

31-May-2022 Himachal Pradesh

No restaurant can charge 18 per cent tax on products, a complaint by Chandigarh-based advocate Ajay Jagga said on Monday May...

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CGST busts fake input tax credit racket of Rs 19.84cr

02-Apr-2022 Delhi

The Central Goods and Services Tax (CGST) Commissionerate, Navi Mumbai, on Friday April 1 said it has busted a fake input tax credit racket of...

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J&K records significant hike in tax revenue collection

01-Apr-2022 India

Jammu and Kashmir has recorded a significant hike of 25.38 per cent in tax revenue collection during 2021-22 (ending March, 2022) against the collections made...

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