Search Results for: Indirect Taxes

How to decide who should get the Covid vaccine first

"The idea of distributing vaccines by population appears to be an equitable strategy," said study lead author Ezekiel J. Emanuel from the University of Pennsylvania in the US.

Sep 6, 2020

Kangana Ranaut hits back at Farah Khan and Shiv Sena leader Sanjay Raut

Actress Kangana Ranaut has hit back at jewellery designer Farah Khan and Shiv Sena leader Sanjay Raut, who condemned her statement that she feared the Mumbai city police force more than the 'movie mafia'.

Sep 3, 2020

K'taka DGP tightens noose around seized vehicles; directs Bengaluru Police to address menace

Twitter users stated that released seized vehicles are a complete nuisance in the city and strict action was needed against mechanics who alter such vehicles.

Aug 25, 2020

You could win Porsche 911 Carrera, $20,000, lunch with Patrick Dempsey | Details

Omaze is organising a fundraiser through which donors can win a Porsche, lots of cash and a fancy lunch with Patrick Dempsey.

Aug 25, 2020

What is unexplained cash credit in your bank account and why you need to pay upto 83% income tax

The Income Tax department strengthened the scrutiny on taxpayers, by demanding the source of income for "unexplained cash credit" into their bank accounts the previous year, and source of gold, jewellery or other valuable items undeclared by the taxpayer.

Aug 24, 2020

Finance Ministry lauds GST era: Marked reductions in tax rates; tax payer base doubles to 1.24 crore

The Finance Ministry remembers Arun Jaitley on his death anniversary, says in the GST era, marked reductions in tax rates have been observed. The Ministry has also pointed at an increase in the taxpayer base to 1.24 crores.

Aug 24, 2020

If people like Deepika get their way, they'll put extraordinary individual like Sushant in asylum: Kangana Ranaut

Talking about Deepika Padukone, Kangana Ranaut tweeted, "If people like her get their way they will put every extra ordinary individual in asylum, this illness has no diagnosis based on blood reports or body scans."

Aug 19, 2020

US vs China: Trump administration adds 38 affiliates of China's Huawei to entity list

A statement from the Commerce Dept said that 38 Huawei affiliates around the world to the "entity list," claiming that the firm was using international subsidiaries to circumvent the sanctions which prevent export of US-based technology.

Aug 18, 2020

#HonoringtheHonest Faceless Scheme for Taxpayers in India

Explained: What is Faceless Assessment Scheme, Exclusions that Modi introduced to reward honest taxpayers

There will be no physical interface between the taxpayers and the IT department. The Faceless appeal service will ensure complete transparency in workings and come into effect from September 25, 2020.

Aug 13, 2020

PM Modi launches platform for transparent taxation: How will it benefit taxpayers

With the 'Transparent Taxation Honouring the Honest' platform, PM Modi said that this will strengthen the efforts of reforming the tax system and will ease tax compliance.

Aug 13, 2020

Income tax evasion is a criminal offence

I-T Dept busts Rs 1,000 crore money laundering racket by Chinese entities

The search operation revealed that at the behest of Chinese individuals, more than 40 bank accounts were created in various dummy entities entering into credits of more than Rs 1,000 crore over the period.

Aug 11, 2020

Donald Trump goes after Social Security, Medicare even as American reels under Covid pandemic

Critics complained Trump circumventing Congress to issue four executive orders that stipulate payroll tax deferral and reduced unemployment benefit among others, calling the action "absurdly unconstitutional."

Aug 10, 2020

Bernie Sanders slams Donald Trump for his statement on Delhi violence

Bernie Sanders wants to make US billionaires pay; here's how he plans to do it

The "Make Billionaires Pay Act" would impose a one-time 60 per cent tax on wealth gains made by billionaires between March 18, 2020, and January 1, 2021.

Aug 9, 2020

Prosecutor wants Trump's taxes to draw connections into US President's 'affairs'

US President Donald Trump is in a legal turnmoil again as DA seeks his personal and corporate tax returns citing "criminal conduct" at his company.

Aug 4, 2020

America's rich made $637 billion in COVID; we lost 40 million jobs

The America's rich are getting richer, even during the COVID-19 pandemic. They made three-fourth of a trillion dollars while 40 million average Americans are jobless.

Aug 1, 2020

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