Finance Minister Nirmala Sitharaman called on the Income Tax Department to adopt a more taxpayer-friendly approach…
Tag: Taxation
EU Electricity Tax Rates Exceed Gas, Impacting Costs
On July 17, the European Commission reported that electricity is taxed significantly more than natural gas…
Homeowners face LTCG tax choice for property sales in FY
Homeowners selling properties in the financial year 2025-26 will need to consider two options for calculating…
ITAT Denies British Airways Tax Treaty Relief in India
The Income Tax Appellate Tribunal (ITAT) in India ruled against British Airways regarding tax relief under…
India raises windfall tax on diesel, ATF exports amid oil
India's government has nearly doubled the windfall tax on diesel and aviation turbine fuel (ATF) exports…
India’s Crypto Tax Filing Errors Could Trigger Scrutiny
Investors in cryptocurrencies in India face increased scrutiny from the Income Tax Department due to potential…
China’s Tax Crackdown Hits A-Share and Hong Kong Firms Hard
China's ongoing tax crackdown is significantly impacting A-share and Hong Kong-listed companies, with the number of…
King Charles to Publish Personal Tax Bill, Enhancing Royal Financial Transparency
King Charles will become the first British monarch to publicly disclose his personal tax bill, marking…