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You Searched For "direct tax collection" and got 20 results


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4 mins read

India needs to review how it wants to extract tax from Zomato and Swiggy

India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…

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2 mins read

4 measures that provide extra cash for Americans in Biden stimulus law

Some parts of the $1.9 trillion Biden stimulus law could permanently strengthen the nation's social…

Joseph Zeballos-Roig   


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1 min read

Govt collects Rs 7.52 lakh cr direct tax in Apr-Jan

"The total amount collected under direct tax collection, as on 31st January, 2020 is Rs 7,52,472 cr…

PTI   


Ayelet Sheffey   


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3 mins read

No tax on India's super rich — government issues an inquiry against 50 IRS officers who released the 'FORCE' report

A policy paper suggesting that a wealth tax and a 4% Coronavirus cess should be levied on the super…

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4 mins read

India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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1 min read

FM urges I-T officials to expedite returns, refund process and grievance redressal

Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three…

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4 mins read

20% tax on foreign remittances make foreign investments unviable for retail investors

Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…

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2 mins read

A founder of Big Gay Ice Cream is suing his partner, accusing him of mismanagement and collecting government pandemic loans

Doug Quint, the co-founder of Big Gay Ice Cream, sued his partner Jon Chapski for fraud and mismana…

Lakshmi Varanasi   


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2 mins read

CBDT mops up Rs 6 lakh cr in direct tax collection so far

New Delhi, Nov 14 () The government has so far mopped up Rs 6 lakh crore or less than 50 per cent o…

PTI   


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3 mins read

After cryptos, the taxman could come for your NFTs says a new report

The Indian government, earlier this year, brought virtual digital assets (VDA) under the ambit of t…

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2 mins read

If you make less than $400,000 a year, your taxes shouldn't be affected by Manchin's new tax and energy deal

The deal announced Wednesday proposes a minimum corporate tax limit for big corporations and increa…

Matthew Loh   


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1 min read

Advance tax collection falls 31 pc in June quarter

During the first two months of the June quarter, a nationwide lockdown was in place aimed at contr…

PTI   


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2 mins read

Permanent monthly checks for parents would have a 1,000% return on investment, study says

For the second half of 2021, Biden's administration distributed monthly checks to parents. Making t…

Juliana Kaplan   


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2 mins read

This dating-simulator game says it'll help prepare your taxes as you play and criticizes TurboTax as 'predatory'

A character named Turbo in the game is described as "an unsavory SaaS bro" who likes "corporate lob…

Britney Nguyen   


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3 mins read

India is monitoring crypto transactions of 700 investors – evaders could reportedly face a hefty penalty tax

The Income Tax department has shortlisted 700 crypto transactions that haven’t been declared in IT …

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3 mins read

India's three main surveillance projects NATGRID, CMS and NETRA have been directed to stop collecting data citing breach of privacy

The Delhi High Court has issued a notice today asking India’s central government to stop collecting…

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3 mins read

'Direct Tax Vivad se Vishwas Bill" introduced in Lok Sabha

"Over the years, the pendency of appeals filed by taxpayers as well as government has increased due…

PTI   


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3 mins read

Trump's payroll tax holiday could shrink workers' take-home pay early next year since employers have to collect twice as much from paychecks

Experts say employers that opt into the initiative would have to withhold taxes twice early next ye…

Joseph Zeballos-Roig   


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5 mins read

There's an easy way to tax billionaires that would actually work

Congress should tax the personal loans that wealthy Americans take out to avoid paying taxes on the…

Emil Skandul