07/16/2019
In her budget, finance minister Nirmala Sitharaman proposed a tax increase of 3% for individuals with an annual income of of between Rs 2 and 5 crore, and 7% for those earning more those earning more than Rs 5 crore
07/16/2019
After the banking crisis, 10 countries suffered losses in excess of USD100 billion every year through tax evasion, according to 2011 data from the Tax Justice Network.
07/12/2019
The surcharge, popularly known as a "Robin Hood" tax, will help fund the government's development spending
07/07/2019
The new rate will include 25% surcharge on income between Rs 2 crore and Rs 5 crore, and 37% on income exceeding Rs 5 crore in a year
07/04/2019
Inheritance tax was abolished in 1985. But fearing its return, rich professionals and businessmen are flocking to tax consultants to set up trusts to avoid the tax.
06/20/2019
It's tax time again: time to start filling out the form or foisting figures and a bunch of receipts on your accountant.
06/11/2019
The prime minister is seeking to end Pakistan's rampant tax evasion as he secures a major IMF bailout.
06/10/2019
Officials expected to voice support for interest rate cuts
06/07/2019
Couples can also benefit combined if one couple earns significantly more than another partner.
06/07/2019
So tax dodgers without a travel document yet can apply for one and leave before the travel ban paperwork has been completed.
06/07/2019
The CCA declined to order a fresh trial because of their age, “they would both be in their 70s at the time of a new trial”, and because of the length of time that had elapsed since the offences occurred.
06/06/2019
The J5 was formed a year ago because of growing concern that tax avoidance, cybercrime and cryptocurrency abuse were escalating as criminals exploited differences between national tax laws.
05/28/2019
The investigation targeting Hyundai Department Store is regarded as a regular rather than in-depth investigation.
05/22/2019
The niggling suspicion of global investors that they could lose billions to policy fickleness is far from allayed
05/21/2019
Thailand single-country equity products have posted strong long-term returns as the country now awaits the result of political horse-trading.
05/16/2019
Offshore tax evasion has been on the rise in recent years
05/12/2019
This time, the shadow treasurer's target was tax havens.
05/10/2019
Financial accounts filed with ASIC for Multiplex Pty Ltd report that the construction group paid income tax totalling $26 million for the year ending December 31, 2018 on a profit before tax of $72 million.
05/06/2019
The concept of a global economy is now well embedded in how business groups and individuals look at the world and, as a consequence, their reporting obligations to an increasing number of tax authorities and regulators have become more complex.
04/22/2019
It is unclear if Sheikh has formally joined PTI or not but it is very clear that he has rejected the design of the proposed tax amnesty scheme.