Search For "tax"
On IMF demands, Pakistan raises tax rates for salaried class
Updated : 4 years ago IST
Islamabad [Pakistan], June 25 (ANI): Owing to the demand of the International Monetary Fund (IMF) withdrawing relief given on June 10, Shehbaz Sharif government on Friday increased the tax rates for the salaried class.
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Denmark to cut electricity tax to curb energy prices
Updated : 4 years ago IST
Copenhagen [Denmark], June 25 (ANI/Xinhua): Denmark will temporarily reduce the tax on electricity starting from the fourth quarter of this year as a means of "compensation to citizens for its rising energy prices".
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Pakistan Stock Exchange plunges after govt announces 'super tax' on indust
Updated : 4 years ago IST
Islamabad [Pakistan], June 24 (ANI): The Pakistan Stock Exchange (PSX) crashed shortly after Shehbaz Sharif's government announced a 10 per cent tax on large-scale industries, a measure he promised will help save the country from bankruptcy.
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How taxing the rich can help everyone
Updated : 4 years ago IST
New Delhi [India], June 23 (ANI): Taxing rich people's gains from capital can help reduce inequality while keeping up overall prosperity - yet only with two conditions. First, the revenues from taxation must be invested in public infrastructure such as schools, public transport, or sustainab
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Taxpayers are respected when projects are completed in stipulated time, sa
Updated : 4 years ago IST
New Delhi [India] June 23 (ANI): Prime Minister Narendra Modi said on Thursday during the inauguration of Vanijya Bhawan that taxpayers are respected when projects are completed within the stipulated period.
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IT raids underway at multiple locations linked to Karnataka educational in
Updated : 4 years ago IST
Bengaluru (Karnataka) [India], June 23 (ANI): The Income-Tax (IT) department raids are underway at multiple locations linked to educational institutions in Karnataka over tax evasion suspicions on Thursday.
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Biden calls on Congress to suspend gas tax for three months
Updated : 4 years ago IST
Washington [US], June 23 (ANI): U.S. President Joe Biden on Wednesday called on Congress to suspend the federal gas tax for 90 days, as Americans need immediate relief amid the nation's soaring gas prices.
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Remove separate capital gain tax on assets managed by state company, MP CM
Updated : 4 years ago IST
Bhopal (Madhya Pradesh) [India], June 23 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan requested Union finance minister Nirmala Sitharaman to remove the separate capital gain tax on assets managed by the state company.
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US to call for 3-month suspension of gas and diesel taxes
Updated : 4 years ago IST
Washington [US], June 22 (ANI): US President Joe Biden will call on Congress to suspend federal gasoline and diesel taxes for three months, according to the White House, which added that the President will also call on states to suspend their own gas taxes or provide similar relief.
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Income Tax Dept conducts searches in Rajasthan, Maharashtra on premises li
Updated : 4 years ago IST
New Delhi [India], June 22 (ANI): The Income Tax Department has raided 25 premises spread across Rajasthan and Maharashtra belonging to a business group involved in retail and export sale of handicrafts, cash financing, purchase and sale of land and buildings, along with some bullion traders
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PIL in Delhi HC seeking full black money confiscation, life imprisonment t
Updated : 4 years ago IST
New Delhi [India], June 21 (ANI): A Public Internet Litigation (PIL) has been moved in Delhi High Court on Tuesday seeking direction to the Centre and State to ascertain the feasibility of confiscating all black money, Benami property, and disproportionate assets.
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Income Tax Dept raids premises of Chennai-based business group
Updated : 4 years ago IST
New Delhi [India], June 20 (ANI): The Income Tax Department said on Monday it has raided more than 40 premises belonging to a Chennai-based industrial group, which is engaged in the business of manufacturing of IMFL, logistics, hospitality, and entertainment.
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