tax

UK Deputy PM admits underpaying stamp duty on Rs 9.5 crore flat, refers herself to ethics adviser

September 03, 2025 7:53 pm

Rayner’s position appears secure for now, pending the outcome of the ethics adviser Laurie Magnus’s review into whether she breached the ministerial code.

US’ 1% remittance tax to have limited impact on India, but adds to cost of transfers

July 04, 2025 11:20 am

According to US-based non-profit Center for Global Development, India stands to lose slightly less than $500 million in formal remittances due to the imposition of the tax.

New interactive data modelling tool shows economic, health gains of raising tobacco taxes

June 18, 2025 2:43 pm

As per The Tobacco Atlas, 8.9 per cent of all deaths in India are caused by tobacco use.

'Money, money, money': White House talks up 'no tax on overtime' under Trump's 'big beautiful bill'

June 17, 2025 5:59 pm

Asserting that "you keep what you earn," under the proposed bill, it proclaimed: "More hours = More cash. That’s America First." followed by emojis of an explosion and the American flag.

US House passes Trump's 'big, beautiful' tax-cut bill; will now head to Senate

May 22, 2025 5:05 pm

All Democrats opposed the bill, along with two Republicans, while a third Republican voted “present.”

I-T Bill proposes govt can ‘override’ online access codes, sparking privacy concerns

March 12, 2025 9:14 am

Tax officials maintain that the Income-tax Bill has made no changes to the search and seizure provisions in the extant Income Tax Act, and any changes to the language have been made to make it easier to understand.

Union Budget 2025: Anticipating what it could mean to the average Indian consumer

January 24, 2025 8:21 pm

Budget 2025 could act as a significant driver for development in the consumer and retail sector.

Union Budget 2025: Some tax benefits that could help senior citizens

January 01, 2025 9:42 am

With rising medical costs and inflation, the amount that the elderly have to spend every month has been on the rise.

Wealth tax in India will boost economic growth — roadblock is political will

December 19, 2024 2:26 pm

The reason wealth tax failed earlier is because it was deliberately made complicated by allowing concessions, loopholes, etc. Now, with digital records, it should be easier to implement

Italy ready to talk to Trump to avoid US retaliation over web tax

December 17, 2024 5:55 pm

In 2019, Rome introduced a 3% levy on revenue from internet transactions for digital companies with annual sales of at least 750 million euros ($786 million) if at least 5.5 million euros are generated in Italy.

Budget 2019 could give tax breaks for home buyers, rented properties

June 22, 2020 6:04 pm

Poorva Prakash, Senior Director, Deloitte India, explains what can be expected in the upcoming Vote on Account to make it a populist one.

Budget 2019 could raise basic tax exemption limit to Rs 3 lakh

June 22, 2020 6:04 pm

Poorva Prakash, Senior Director, Deloitte India, explains that as a trend Finance Ministers don't make any major personal tax changes in a Vote on Account. However, she expects the Finance Minister to lay a roadmap for tax sops in this.

I-T Department To Have A CPC For Scrutiny of Income Tax Cases

June 22, 2020 6:57 pm

Opinion | Is GST Good For India?

June 22, 2020 7:02 pm

Government Suspects Tax Evasion In Deposits In Banks Post Demonetisation

June 22, 2020 7:14 pm

Arun Jaitley: India Plans to Address Some Pending Tax Disputes Within Days

September 18, 2015 3:46 pm