Wednesday , January 20 2021
Breaking News
Home / Tag Archives: tax policy

Tag Archives: tax policy

Foreign investors ask India to clarify its tax policy

NEW DELHI: Foreign investors asked Indian government to urgently clarify its tax policy, following surprise attempts by tax inspectors to claw back money they say is owed on years of previously untaxed gains. International funds and banks could face a bill of as much as $8 billion, said tax experts, just as many foreign investors are poised to pour money ... Read More »

Australian shadow treasurer says labor’s tax policy good for taxation system, warning for big business

CANBERRA: Australian shadow treasurer Chris Bowen has said that Labor’s tax policy is good for the budget bottom line and makes the taxation system fairer.  BIG business is concerned that federal Labor’s plan to close multinational tax loopholes will slow economic growth. In what Shadow Treasurer Chris Bowen described as an “opening salvo in the battle of ideas”, Labor’s first ... Read More »

Australian shadow treasurer says labor’s tax policy good for taxation system, warning for big business

CANBERRA: Australian shadow treasurer Chris Bowen has said that Labor’s tax policy is good for the budget bottom line and makes the taxation system fairer.  BIG business is concerned that federal Labor’s plan to close multinational tax loopholes will slow economic growth. In what Shadow Treasurer Chris Bowen described as an “opening salvo in the battle of ideas”, Labor’s first ... Read More »

Tax Reforms Commission detects policy and administrative issues within FBR

ISLAMABAD: Tax Reforms Commission (TRC) is examining key policy issues in the taxation system. Through analysis TRC has identified tax policy and administrative issues like complicated tax structures, low compliance, weak enforcement and high compliance cost within Federal Board of Revenue. TRC is witnessing issues like revenue inadequacy, narrow tax base due to exemptions, preferential treatment of certain sectors generates ... Read More »

Taiwan: New marriage tax policy exempts joint income files for couples   

TAIPEI: Taipei married couples will have the option of calculating their tax liability separately to save money when they file their income tax returns in May, according to an Income Tax Act amendment that was passed in the Legislature Tuesday. Before the amendment, married couples were required to either file their taxes together, or calculate their tax liability on their ... Read More »

Ambitious targets: KPRA collection increased by 300pc

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) is committed to executing the provincial government directives for broaden the base of sales tax on services in the province as the authority has already registered a 300 percent increase in the collection of Sales Tax on service in the last financial year. It is to be noted that the KPRA has been ... Read More »