tax

PwC Australia implements governance reforms following confidential tax document scandal

PwC Australia implements governance reforms following confidential tax document scandal

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PwC Australia will appoint outsiders to its board and publish audited financial statements as part of a governance overhaul to ...

Hunter Biden sues the IRS over tax disclosures after agent testimony before Congress-

Hunter Biden sues the IRS over tax disclosures after agent testimony before Congress-

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By Associated Press Hunter Biden sued the Internal Revenue Service on Monday, claiming that two agents publicly alleging tax-probe interference ...

Nobel winner Maria Ressa acquitted of tax evasion though she faces two more legal cases-

Nobel winner Maria Ressa acquitted of tax evasion though she faces two more legal cases-

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By Associated Press MANILA, Philippines: Nobel Peace Prize winner Maria Ressa was acquitted of a final tax evasion charge Tuesday ...

Average processing time of Income Tax Returns reduced to 10 days, says CBDT

Average processing time of Income Tax Returns reduced to 10 days, says CBDT

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Image Source : PIXABAY According to CBDT data, till 5 September 2023, 6.98 crore ITRs were filed Income Tax Returns ...

Windfall profit tax on crude oil cut; levy on diesel, ATF exports hiked-

Windfall profit tax on crude oil cut; levy on diesel, ATF exports hiked-

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By PTI NEW DELHI: The government has cut the windfall profit tax on crude oil produced in the country while the ...

Centre’s tax revenue growth likely to remain muted in FY24-

Centre’s tax revenue growth likely to remain muted in FY24-

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Express News Service NEW DELHI: The Centre’s tax collections in the current financial year may remain muted as nominal GDP ...

South Korea unveils smallest budget increase in 20 years amidst weakened tax revenue

South Korea unveils smallest budget increase in 20 years amidst weakened tax revenue

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South Korea’s government plans to raise budget spending to nearly $497 billion for 2024, but the proposed increase is the ...

China extends tax breaks for foreign workers until 2027

China extends tax breaks for foreign workers until 2027

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China will extend preferential tax policies for foreign nationals working in the country through to the end of 2027, the ...

Trump rakes up India tax issue; says would impose reciprocal tax if voted to power-

Trump rakes up India tax issue; says would impose reciprocal tax if voted to power-

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By PTI WASHINGTON: Former US president Donald Trump has once again raised the issue of high taxes in India on ...

Fox News Flash top headlines for August 18

ECB to raise objections to Italy’s windfall tax on banks

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The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the government’s windfall tax ...