Taxation
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When Taxpayers Feel The Pinch, Corrupt Officials Feel The Heat, Says Study
A new study by Washington State University researchers finds that higher local tax burdens make citizens more vigilant about how public money is spent, leading to measurable reductions in government corruption.
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At 15, Vaibhav Sooryavanshi Has Rs 7 Crore. But Do Minors Pay Income Tax?
As per tax experts, the Income Tax Act contains "clubbing provisions" that add a minor child's income to the income of the parent who earns more.
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Punjab Excise And Taxation Inspector 2026 Exam: Admit Card Released, Download Link Here
PSSSB Excise Inspector Admit Card 2026: PSSSB has released admit cards for the Excise and Taxation Inspector exam 2026, available on sssb.punjab.gov.in.
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Budget 2026: Big Tax Relief For Married Couples? All About Joint Taxation
Ahead of the Union Budget 2026, married taxpayers in India may get relief. The Finance Ministry is considering optional joint taxation.
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ITR Filing 2025: Freelancers Must Follow These Tax Rules To Avoid Heavy Penalties
Freelancers in India must understand tax rules like TDS, GST, and ITR filing to avoid penalties and legal trouble. Awareness of these rules ensures financial safety and builds credibility in the professional world.
-
Australian Taxation Office Issues 2025 Tax Return Guidelines
More than than 15 million Australians will file tax returns in 2025. The Australian Taxation Office urges citizens to lodge accurate tax returns and warns against false claims.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
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Budget 2025: ICAI Proposes Joint Tax Filing, How Married Couples Will Benefit From It
Ahead of the Union Budget 2025, the Institute of Chartered Accountants of India (ICAI) has proposed the introduction of joint taxation for married couples.
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5, 12 or 18%? Row Bubbles Up Over GST On Popcorn, Council Clarifies
GST Council on Saturday agreed to issue a clarification on taxation of popcorn, saying that pre-packed and labelled ready-to-eat snacks will attract a 12 per cent tax while an 18 per cent GST will be levied if it is caramelised.
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"We Pay Taxes Like In England But Get Services Like In Somalia": AAP's Raghav Chadha
Rajya Sabha MP Raghav Chadha on Thursday voiced strong criticism of the Union Budget 2024, presented by the NDA government in its third-consecutive term, and said, "India is paying taxes like England and receiving services like Somalia."
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Budget Could Bring In More Standardised Approach To Taxation: Report
The full budget for 2024-25, to be presented in Parliament on Tuesday, could possibly increase capital expenditure and may usher in a more standardised approach to taxation, Moody's Analytics said.
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US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
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GST Council To Meet On June 2, May Review Online Gaming Taxation
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet after a gap of eight months on June 22, and is likely to review the implementation of 28 per cent GST on the online gaming sector.
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Japan Crypto Exchanges Pushing For Margin Trading Relaxation For Sector Growth
Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash. Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently, customers can at most double exposure via borrowing.
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Britain's Digital Tax on Big Tech Companies Like Google, Facebook, Amazon Could Become Permanent, Say Experts
A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.
-
When Taxpayers Feel The Pinch, Corrupt Officials Feel The Heat, Says Study
A new study by Washington State University researchers finds that higher local tax burdens make citizens more vigilant about how public money is spent, leading to measurable reductions in government corruption.
-
At 15, Vaibhav Sooryavanshi Has Rs 7 Crore. But Do Minors Pay Income Tax?
As per tax experts, the Income Tax Act contains "clubbing provisions" that add a minor child's income to the income of the parent who earns more.
-
Punjab Excise And Taxation Inspector 2026 Exam: Admit Card Released, Download Link Here
PSSSB Excise Inspector Admit Card 2026: PSSSB has released admit cards for the Excise and Taxation Inspector exam 2026, available on sssb.punjab.gov.in.
-
Budget 2026: Big Tax Relief For Married Couples? All About Joint Taxation
Ahead of the Union Budget 2026, married taxpayers in India may get relief. The Finance Ministry is considering optional joint taxation.
-
ITR Filing 2025: Freelancers Must Follow These Tax Rules To Avoid Heavy Penalties
Freelancers in India must understand tax rules like TDS, GST, and ITR filing to avoid penalties and legal trouble. Awareness of these rules ensures financial safety and builds credibility in the professional world.
-
Australian Taxation Office Issues 2025 Tax Return Guidelines
More than than 15 million Australians will file tax returns in 2025. The Australian Taxation Office urges citizens to lodge accurate tax returns and warns against false claims.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
-
Budget 2025: ICAI Proposes Joint Tax Filing, How Married Couples Will Benefit From It
Ahead of the Union Budget 2025, the Institute of Chartered Accountants of India (ICAI) has proposed the introduction of joint taxation for married couples.
-
5, 12 or 18%? Row Bubbles Up Over GST On Popcorn, Council Clarifies
GST Council on Saturday agreed to issue a clarification on taxation of popcorn, saying that pre-packed and labelled ready-to-eat snacks will attract a 12 per cent tax while an 18 per cent GST will be levied if it is caramelised.
-
"We Pay Taxes Like In England But Get Services Like In Somalia": AAP's Raghav Chadha
Rajya Sabha MP Raghav Chadha on Thursday voiced strong criticism of the Union Budget 2024, presented by the NDA government in its third-consecutive term, and said, "India is paying taxes like England and receiving services like Somalia."
-
Budget Could Bring In More Standardised Approach To Taxation: Report
The full budget for 2024-25, to be presented in Parliament on Tuesday, could possibly increase capital expenditure and may usher in a more standardised approach to taxation, Moody's Analytics said.
-
US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
-
GST Council To Meet On June 2, May Review Online Gaming Taxation
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet after a gap of eight months on June 22, and is likely to review the implementation of 28 per cent GST on the online gaming sector.
-
Japan Crypto Exchanges Pushing For Margin Trading Relaxation For Sector Growth
Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash. Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently, customers can at most double exposure via borrowing.
-
Britain's Digital Tax on Big Tech Companies Like Google, Facebook, Amazon Could Become Permanent, Say Experts
A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.
