Tax Reform Plan
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Sweden Proposes Bill Requiring Migrants To 'Live Honestly' Or Face Deportation
Sweden's new bill that increases the scope of deportation for migrants by making their work permits conditional on 'honest living'.
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Foreign Trips Cheaper, 7 High-Speed Train Corridors: How Travel Experts Are Reacting To Budget 2026
Budget 2026 has introduced initiatives for sustainable tourism, heritage site development, high-speed connectivity, and hospitality skill enhancement. Industry experts have responded positively.
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Explained: The Tax Trigger Behind Steel Tycoon Lakshmi Mittal's UK Exit
Indian-origin billionaire Lakshmi Mittal, long based in the United Kingdom, is reportedly leaving the country as the Labour government plans major tax reforms targeting high-net-worth individuals.
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Key Panel Accepts Centre's Proposal To Move To 2 GST Slabs, Down From 4
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre's plan to reduce the number of tax slabs.
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Britain's Reform Party Makes 'Britannia Card' Policy To Appease The Rich
Britain's populist Reform UK party unveiled plans to offer wealthy, often foreign newcomers a "Britannia Card" to gain exemption from tax on international wealth, income or gains for 10 years for a one-off payment.
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Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
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Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
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South Korea Delays Levying 20 Percent Crypto Tax By Three Years
South Korea has decided to delay the imposition of a 20 percent tax on crypto earnings till 2025. The announcement was made as part of the nation’s 2022 tax reform plan on Thursday, July 21. Seoul’s initial plan to levy a 20 percent tax on yearly crypto gains exceeding $1,900 (roughly Rs. 1.50 lakh), however, remains unchanged.
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Australia Plans Crypto Taxation as Government Gears to Reform Payment Laws
The government of Australia has begun thinking of ways to regulate the crypto sector. Along with bringing digital assets under the tax regime of the nation, Australia is also aiming to ensure investor protection. Foreign crypto exchanges operating in the country may also have to agree to store Australian data inside the country itself.
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Global Tax Deal Backed By 130 Nations, Implementation Planned For October
A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said on Thursday, but some EU states refused to sign up.
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Sweden Proposes Bill Requiring Migrants To 'Live Honestly' Or Face Deportation
Sweden's new bill that increases the scope of deportation for migrants by making their work permits conditional on 'honest living'.
-
Foreign Trips Cheaper, 7 High-Speed Train Corridors: How Travel Experts Are Reacting To Budget 2026
Budget 2026 has introduced initiatives for sustainable tourism, heritage site development, high-speed connectivity, and hospitality skill enhancement. Industry experts have responded positively.
-
Explained: The Tax Trigger Behind Steel Tycoon Lakshmi Mittal's UK Exit
Indian-origin billionaire Lakshmi Mittal, long based in the United Kingdom, is reportedly leaving the country as the Labour government plans major tax reforms targeting high-net-worth individuals.
-
Key Panel Accepts Centre's Proposal To Move To 2 GST Slabs, Down From 4
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre's plan to reduce the number of tax slabs.
-
Britain's Reform Party Makes 'Britannia Card' Policy To Appease The Rich
Britain's populist Reform UK party unveiled plans to offer wealthy, often foreign newcomers a "Britannia Card" to gain exemption from tax on international wealth, income or gains for 10 years for a one-off payment.
-
Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
-
Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
-
South Korea Delays Levying 20 Percent Crypto Tax By Three Years
South Korea has decided to delay the imposition of a 20 percent tax on crypto earnings till 2025. The announcement was made as part of the nation’s 2022 tax reform plan on Thursday, July 21. Seoul’s initial plan to levy a 20 percent tax on yearly crypto gains exceeding $1,900 (roughly Rs. 1.50 lakh), however, remains unchanged.
-
Australia Plans Crypto Taxation as Government Gears to Reform Payment Laws
The government of Australia has begun thinking of ways to regulate the crypto sector. Along with bringing digital assets under the tax regime of the nation, Australia is also aiming to ensure investor protection. Foreign crypto exchanges operating in the country may also have to agree to store Australian data inside the country itself.
-
Global Tax Deal Backed By 130 Nations, Implementation Planned For October
A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said on Thursday, but some EU states refused to sign up.
