Search For "taxation"
Legislations for taxation of online gaming, casinos, horse racing cleared
Updated : 2 years, 7 months ago IST
Lok Sabha on Friday passed amendments in two GST laws with a voice note and without much debate, just before the Lower House was adjourned sine die.
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Tanla announces first Tax Transparency Report FY'23, to demonstrate commit
Updated : 2 years, 7 months ago IST
Hyderabad (Telangana) [India], August 5: At Tanla, we have a defining purpose ‘Empower Consumers and Enable Companies’. We have always operated in a manner where our business model goes beyond delivering our financial objectives and delivered social and ethical outcomes. Our approach to tax
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28 pc GST on online gaming will be implemented from October 1
Updated : 2 years, 7 months ago IST
The GST Council in its 51st meeting held Wednesday decided it complete the process of making amendments in the relevant Acts needed for taxation on online gaming, casinos, and horse racing at the earliest and start taxing these items effective from October 1, 2023
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GST Council to virtually meet tomorrow, discuss taxation on online gaming
Updated : 2 years, 7 months ago IST
A meeting of the GST Council is set to be held on Wednesday via videoconferencing, where the members will discuss and take a final call on the proposal to levy 28 per cent GST on online gaming, casinos and horse racing, finance ministry officials told ANI.
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Meet the 10 iconic brands reshaping industries & inspiring growth in 2
Updated : 2 years, 8 months ago IST
New Delhi [India], July 13: In the dynamic landscape of 2023, 10 iconic brands are reshaping industries and igniting growth with their innovative approaches and transformative solutions. These visionary brands have emerged as pioneers in their respective fields, driving change and inspiring
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50th GST Council meet to be held tomorrow; taxation on online gaming may b
Updated : 2 years, 8 months ago IST
Sources told ANI that the Group of Ministers (GoM) report on online gaming, casino and horse racing along with proposed taxation around is expected to be up for deliberations. So far, the sources added there has been no consensus among the GoM members for taxing online gaming at a flat 28 pe
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Federal Tax Authority launches Corporate Tax public awareness campaign acr
Updated : 2 years, 8 months ago IST
The Federal Tax Authority (FTA) has announced the launch of a public awareness campaign to help taxpayers understand and meet their obligations under the Corporate Tax Law. This is part of FTA's efforts to ensure a smooth implementation of Federal Decree-Law No 47 of 2022 on the Taxation of
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UAE holds second round of negotiations with Russia on agreement for avoida
Updated : 2 years, 9 months ago IST
The negotiations follow the ministry's efforts to further strengthen cooperation frameworks for tax matters, provide full protection to taxpayers from double taxation and avoid the obstruction of the free flow of trade and investment.
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Federal Tax Authority launches 'Corporate Tax Registration Virtual Worksho
Updated : 2 years, 9 months ago IST
The new feature forms part of the steps the FTA has taken to ensure a smooth implementation of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses ("Corporate Tax Law"), which applies to financial years beginning on or after 1 June 2023, and aims to strengthen th
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Tax administrators, others deliberate on solution over taxation of digital
Updated : 2 years, 9 months ago IST
The Organisation for Economic Co-operation and Development (OECD)/G20 Inclusive Framework (IF) on Base Erosion and Profit Shifting (BEPS) has agreed on the historic two-pillar solution to address the tax challenges arising from the digitalisation of the economy, according to a statement from
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MoF issues Corporate Tax Decisions on Intra-Group Transfers, Determination
Updated : 2 years, 9 months ago IST
Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, said, "The new decisions aim to simplify the process of determining taxable income in addition to providing tax relief for intra-group transfer of assets or liabilities between members of the same qualifying group or when carr
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High-level UAE delegation visits Czech Republic to enhance bilateral coope
Updated : 2 years, 9 months ago IST
The delegation included Saeed Mubarak Al Hajri, Assistant Minister for Economic and Trade Affairs; Abdullah Al Mazrouei, President of the Federation of UAE Chambers of Commerce and Industry, and a large number of senior representatives from ministries and companies from the public and privat
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