The residents of Pakistan-occupied Kashmir (PoK) Gilgit-Baltistan region are now asserting themselves against the hegemony of Pakistan with mass protests against electricity shortages, reduction in the wheat quota, taxation, and land grabbing, however, their cries are unheard beyond the moun
New Delhi [India], February 4 (ANI/PNN): Union Budget Analysis on Taxations 2023-2024. The International Monetary Fund (IMF) published a report whereby, it was stated that Indian Economy will reach 5 trillion-dollar economy by 2028-29. However, IMF quickly retreated from its statement and co
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, will meet on February 18. The 49th GST Council meeting is likely to take up issues relating to taxation on 'pan masala' and 'gutka' companies, setting up of appellate tribunals, and GST levy on online gaming, casino, and
Describing micro, small and medium enterprises (MSMEs) as growth engines of our economy, Nirmala Sitharaman's Budget proposes enhanced limits for micro-enterprises and certain professionals for availing the benefit of presumptive taxation.
In her budget speech, the minister made five major announcements in regard to personal income tax, saying these primarily benefit hard-working middle class
The discussion will revolve around Pakistan's plan for taking additional taxation measures to fetch over Rs 200 billion through a presidential ordinance, rationalizing expenditure, and hiking both electricity and gas tariffs for erasing the monster of the circular debt.
The locals and traders of Gilgit Baltistan (GB) in Pakistan-Occupied Kashmir (POK) are holding protests against heavy taxation laws, illegal land occupation, and load shedding imposed by the regime in the province, Pakistan's vernacular media outlet Baad-e-Shimal reported.
The Tokyo Regional Taxation Bureau found Apple Japan's approximately 140 billion yen tax-exempt sales for two years through September 2021 were made by fraudulent duty-free purchases to be resold for commercial purposes.
New Delhi [India], December 26 (ANI/SRV): In the august presence of Sri Lanka Buddhasasana, Religious and Cultural Affairs Minister Vidura Wickramanayake the Memorandum of Understanding (MOU) was signed by Event & Entertainment Management Association (EEMA India) and Event Management Ass
"In this 48th GST Council Meeting, there hasn't been any tax increase on any item. No new taxation has been brought in. Everything that has been done is to issue clarifications where ambiguity of interpretations prevailed, "Sitharaman said at the conclusion of the meeting.
Praising the outcomes of earlier 17 presidencies of the G20, the Prime Minster said India said that they successfully ensured macro-economic stability, rationalized international taxation and helped relieve debt-burden of countries, among others.
PHDCCI said for start-ups, ESOPs are the key to attract and incentivise talent. These should not be taxed as recipients do not have ready cash in their hands at that point and the taxation should be on the final sale of shares, the industry body said.