To catch tax cheats, the government launched a short message service (SMS) or text message drive recently. Identifying thousands of people who made notable investments in the last two years, the income tax (I-T) department sent mobile text messages to them asking them to file I-T returns.
ByAPDwriterRishikaChauhanNEWDELHI,July9(APD)-Tocatchtaxcheats,thegovernmentlaunchedashortmessageservice(SMS)ortextmessagedriverecently.Identifyingthousandsofpeo
Cutting sugary drinks out of diet would significantly reduce the risk of developing type 2 diabetes, according to the results of an Australian-led international study published on Friday.
The Indian government's new Goods and Services Tax (GST) took effect on July 1. The country now has five-tax system instead of the multiple state, local and national taxes it had.
Asset managers will be levied with a new 3 percent value-added tax (VAT) for returns on assets under management from January 1 2018, instead of the previously noticed 6 percent rate from July 1, 2017.
Assetmanagerswillbeleviedwithanew3percentvalue-addedtax(VAT)forreturnsonassetsundermanagementfromJanuary12018,insteadofthepreviouslynoticed6percentratefromJuly1
India early on Saturday introduced its biggest tax reform in the 70 years since independence from British colonial rule.
ByAPDWriterRishikaChauhanNEWDELHI,July1(APD)-GoodsandServicesTax(GST),whichisbeingcalledthe‘biggesttaxreforminIndependentIndia’kickedinonthemidnightofFriday.Ter
IndiaearlyonSaturdayintroduceditsbiggesttaxreforminthe70yearssinceindependencefromBritishcolonialrule.TheGoodsandServicesTax(GST)replacesmorethanadozenfederalan
The Portuguese revenue authority is investigating alleged tax fraud by clubs and football players, including Portuguese footb
After the terror came goodwill and compassion. As communities in Manchester and London struggled to come to terms with the recent terrorist attacks, there has been an upsurge in donations to help those affected.
Aftertheterrorcamegoodwillandcompassion.AscommunitiesinManchesterandLondonstruggledtocometotermswiththerecentterroristattacks,therehasbeenanupsurgeindonationsto
TheWorldTradeOrganization(WTO)uphelditsdecisiononFridaythatWashingtonprovidedillegaltaxbreakstoaircraftmakerBoeinginatraderulingthatfavorsEuropeanUnionrivalAirb
ScandalsenvelopingU.S.PresidentDonaldTrumphaveleftRepublicanlawmakersandlobbyistsincreasinglygloomyabouttheprospectsforpassingsweepingtaxcuts,arollbackofObamaca
U.S. Senate Democrats, seeking to capitalise on growing disclosures about the Trump campaign's contacts with Russia, urged a top Republican lawmaker on Tuesday to obtain President Donald Trump's tax returns as a matter of national security.
U.S. President Donald Trump wants a 20-percent border tax on all imports from Mexico, said White House spokesman Sean Spicer on Thursday.
Amid the current social debate over China's tax burden, former Finance Minister Lou Jiwei has queried the World Bank tax indicators that prompted the discussion.