Emirates NBD's Profit before tax rose 56 per cent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11 per cent year-on-year increase in income.
According to Congress, the "Save the Constitution" campaign aims to inform the masses about the central government's failures in addressing issues of employment, price rises, and taxation.
The French government is considering the elimination of a 10 per cent tax reduction granted to pensioners on their annual income declarations, as part of its efforts to achieve Euro 40 billion in savings under the 2026 budget plan.
Malaysian PM Anwar Ibrahim urged swift implementation of economic plans to shield the country from global uncertainties, following recent US tariff announcements, during a Special Sarawak State Development Meeting.
The claims that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are completely false, misleading, and without any basis, said the Ministry of Finance in a statement Friday.
Separately, the Gross Goods and Services Tax (GST) collections for March 2025 stayed at Rs 19,56,034 crore (Rs 1.96 lakh crore), surging 9.9 per cent, according to the government data.
he Appointments Committee of the Cabinet has approved the appointment of four senior Indian Revenue Service (IRS) officers as Members of the Central Board of Direct Taxes (CBDT), according to an official order issued yesterday.
Indian states are expected to see slower revenue growth in the financial year 2025-26 (FY26) compared to FY25, mainly due to weaker growth in non-tax revenue.
The Select Committee of the Lok Sabha, which is reviewing the Income-Tax Bill, 2025, on Thursday called for suggestions and views from experts, industry associations, organisations, and other stakeholders on the proposed legislation, as per an official release.
Minister Krishna Byre Gowda criticised the government's handling of essential commodities, alleging that rising prices and increased taxes are draining the common people while benefiting the rich.