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South Korea plans to levy 20% income tax on cryptocurrency transactions from next year

South Korea plans to impose a 20 percent income tax on capital gains from cryptocurrency transactio…

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1 min read

Bitcoin slides below $50,000 with $260 billion wiped off the crypto market as Biden's tax proposals crush risk appetite

The crypto market has come under fresh pressure after reports that President Joe Biden is looking t…

Shalini Nagarajan   


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1 min read

India’s ‘Transparent Taxation’ charter — Highlights of Prime Minister Narendra Modi’s speech

“Every law, rule and regulation needs to be changed from being process and power centric approac…

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3 mins read

Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation

The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …

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3 mins read

Sen. Bernie Sanders says the US needs 'progressive taxation' on the wealthy to pay for Biden's infrastructure proposal

"The very rich and large corporations should start paying their fair share of taxes to help us rebu…

John L. Dorman   


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Punjab emerges as the hub for sale of illegal and cheap cigarettes

Official sources told IANS it seems the tax evasion by both the distributors is of nearly ₹50 …

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Joe Biden's plans to hike taxes for rich Americans will be key for markets if he wins the election, a strategist says

Robertson said markets will factor in whether Biden's tax plans pressure domestic equities and cred…

Shalini Nagarajan   


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India's new tax charter promises 'faceless' scrutiny — Here's what that means

Prime Minister Modi has pushed for reforms with a new tax charter that aims to reward honest taxpay…

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Supreme Court’s landmark ruling in the Samsung Heavy Industries case could have a positive effect on ease of doing business in India

It took 14 years for the Samsung subsidiary to get a ruling in the case, but it has likely clear…

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Tobacco farmers' body urges govt for 'pragmatic' approach on cigarette taxation

He further said the hike in NCCD was unexpected as several representations were made to the govern…

PTI   


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'Tax us. Tax us. Tax us.' 83 millionaires signed letter asking for higher taxes on the super-rich to pay for COVID-19 recoveries

A group of 83 millionaires have signed an open letter calling on governments to tax them "substanti…

Mia Jankowicz   


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Raghuram Rajan just pointed out the one big dampner that’s keeping foreign investors away from India!

Saying there is a need for more optimal use of the monetary policy tools globally as the world is i…

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1 min read

Liquor to become cheaper in Delhi, as government withdraws coronavirus cess

The government has, however, increased the Value Added Tax (VAT) on all categories of liquor f…

PTI   


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Mumbai hikes petrol and diesel prices by ₹2 per litre

The Value Added Tax (VAT) on petrol and diesel is 26 per cent and 24 per cent respectively in …

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Govt approves pact between India-Chile for avoidance of double taxation

New Delhi, Nov 27 () The Union Cabinet on Wednesday approved the signing of the Double Taxation Avo…

PTI   


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Deals worth $22bn in the kitty, Narendra Modi says 'We're ready to do business,' to China

He further said: "This industrial partnership of China and India can bring about greater investment…

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The Rupee Crashes and tumbles to Rs64/$. Worse days Ahead?

The rupee fell to its lowest in 20 months on Thursday, weighed down by concerns over the government…

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2 mins read

Lok Sabha passes GST Amendment Bill, paving way for GST Bill in Parliament soon

In a big move in the Parliament today, the Lok Sab has finally passed the GST Amendment Constitutio…

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Know why Foreign Investors will be very angry with Modi and his government right about now

​The Income Tax department has sent notices in 68 cases to Foreign Institutional Investors (FIIs) f…

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1 min read

Did FM Arun Jaitley just leave big foreign investors in lurch?

Foreign investors should not look to the Indian government for now to provide relief from a ruling …

Reuters