Donald Trump said U.S. strikes set back Iran's nuclear plans "by decades" and vowed not to let Iran get nuclear weapons. He also criticised reports questioning the attack's impact and confirmed a halt in Canada trade talks over taxes and a pending sale of TikTok, Al Jazeera reported.
As India's Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward.
The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to avoid raising irrelevant queries while conducting faceless assessments, emphasising the need for more focused and case-specific scrutiny procedures.
The United Arab Emirates continues to solidify its reputation as a premier destination for the world's ultra-wealthy, driven by regulatory reforms, favourable tax policies, and long-term residency options such as the Golden Visa, as reported by the Gulf News.
New Delhi [India], June 30: Years ago, the process for foreigners to establish a business in Saudi Arabia was complex and difficult. Businessmen struggled with finding the right local sponsor, dealing with complex bureaucracy, meeting Saudization quotas, and understanding legal formalities.
President Trump urged Senate Republicans to overrule the parliamentarian after she blocked key parts of his policy bill, including Medicaid cuts. Backed by GOP hardliners, Trump seeks to push his "One Big Beautiful Bill" through before July 4, despite procedural hurdles and Democratic resist
The companies of America and UK will be exempted from certain elements of the existing global tax agreement as United States and the Group of Seven (G7) nations have agreed to support a new proposal, according to the press release issued by G7.
The Appointments Committee of the Cabinet has approved the re-appointment of Ravi Agrawal, as Chairman of the Central Board of Direct Taxes (CBDT) on a contract basis for one year, effective from July 1, 2025, to June 30, 2026, or until further orders, according to an official order.
"To express gratitude for Bhamashah Ji's unparalleled sacrifice and patriotism, 'Traders' Welfare Day' should be organised every year on 29 June. I offer my heartfelt salutations to Bhamashah Ji, the symbol of charity, righteousness, and patriotism! Heartiest congratulations to all the trade
US President Donald Trump announced on Friday (US local time) that the United States will be terminating all discussions on trade with Canada, effective immediately. Sharing the details in a post on Truth Social, the US President called Canada a "very difficult country" to trade with.
New Delhi [India], June 27: Buying a home costs more than the agreement value. Each state levies stamp duty (about 5 - 7% of market value) and registration fees (around 1%) to record the sale. Those cheques sting--but Section 80C of the Income Tax Act lets you claw back part of the outlay. U