tax

India on Friday proposed to exclude a host of foreign investors including sovereign wealth funds and pensions funds from the purview of the so-called "angel tax", offering the much-needed relief to the startup sector staring at a funding…

The Central Board of Direct Taxes (CBDT) on Friday widened the valuation methods under the angel tax provision on investment by foreign investors in start-ups to bring clarity and end tax disputes. Further, it exempted…

Photo used for representation purpose only. The government, on May 19, blinked on its plan to levy a 20% tax on overseas credit card spending from July 1, in the face of a furore from taxpayers as well as businesses, and decided to exempt…

The ATO is warning Aussies to not get caught out this tax time for not declaring income made through their side hustles or freelance work.It comes as record numbers of people are working multiple jobs to keep up with the rising cost of…

Allow me to sketch a modest defence of stage three tax cuts. Not because I like them. I don’t. I wrote as much back in 2019 when Labor first indicated it would support them, and I stand by the bulk of that analysis. But I also believe in…

India and the European Union have agreed to a constant engagement before Carbon Border Adjustment Mechanism (CBAM) or Carbon Tax on exports to the 27-member block kicks in from January 2026.“We have a long time ahead of us within which we…

A conservative group has launched a legal challenge to a ballot measure aimed at blunting the sharpness of looming property tax spikes by increasing the cap on state revenue. Advance Colorado and Englewood City Council member Steven Ward…

The goods and services tax department has widened the probe against insurance companies for alleged wrongful availment of input tax credit. The Director General of GST Intelligence is likely to serve show cause notices to 10 more insures…

Blokes are the biggest winners under income tax cuts Anthony Albanese will hand out next year, and the Greens claim the cost is set to blow a $313 billion black hole in the budget.The reason is simple – the gender pay gap means that men…

Several groups representing Canadian truckers are calling on the Canada Revenue Agency (CRA) to help end what they call a “tax scam” impacting their industry, which has been going on for years, but has reached the…