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EU Regulator Moves Top Court to Make Apple Pay Over $14 Billion in Back Taxes
EU competition regulators appealed to the bloc's highest court on Tuesday to override a lower tribunal and make Apple pay a record EUR 13 billion ($14.3 billion or roughly Rs. 1,18,450 crore) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager'...
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Here's How You Can Pay Tax, Online Bills With Namma Chennai Smart Card
Namma Chennai Smart Card is a Ru-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres
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Lok Sabha Passes Bill To Effect Corporate Tax Reduction
In the biggest reduction in 28 years, the government in September slashed corporate tax rates up to 10 percentage points as it looked to pull the economy.
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Gross Direct Tax Collection Rises By 5% Till November, Says Finance Minister
Ms Sitharaman said several domestic and global firms have expressed interest in investment post announcement of the reduction in corporate tax rate.
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Finance Minister Nirmala Sitharaman Introduces Bill To Cut Corporate Tax
The Taxation Laws (Amendment) Bill, 2019 will replace the Taxation Laws (Amendment) Ordinance, 2019, promulgated on September 20, 2019.
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Centre To Introduce Bills On Corporate Tax In Lok Sabha Today
The government will introduce two important Bills in the Lok Sabha on Monday -- the Taxation Laws (Amendment) Bill and the International Financial Services Centres (IFSCs) Authority Bill.
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"Corporate Tax Cuts Revolutionary," says PM Modi: Updates
Prime Minister Narendra Modi will be a keynote speaker at a business summit today, which is set to be attended by eminent business and political leaders including Bill Clinton, former International Monetary Fund chief Christine Lagarde and several top CEOs of Fortune 500 companies.
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When Coca-Cola Challenged $3.3 Billion US Bill For Back Taxes
Coca-Cola sued the IRS, disputing the bill. The case is being tried now in U.S. Tax Court in Washington
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30 Years After Her Death, Hindi Poet Mahadevi Varma Served Tax Notice
Over 30 years after her death, a civic body in Uttar Pradesh sent a notice to Hindi poet and activist Mahadevi Varma asking her to pay a pending tax of Rs 44,816 and to "appear in person" before the officials. The notice sent by the Allahabad Municipal Corporation (AMC) also warned if Ms Varma failed to do so, her house in Nevada, Ashok Nagar, woul...
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Congress MP Ashok Chavan Criticises Shiv Sena President Uddhav Thackeray Over GST
Maharashtra Congress president and lawmaker Ashok Chavan today criticised Shiv Sena chief Uddhav Thackeray for red-flagging certain provisions of the draft State Goods and Services Tax (SGST) bill despite the Shiv Sena earlier welcoming the passage of the GST bill in Lok Sabha.
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Uddhav Thackeray Gets House Call As Sena Sulk With BJP Extends To GST Tax
The landmark national services tax which is to be introduced in July has still not got the approval of the Shiv Sena, a key member of Prime Minister Narendra Modi's coalition government. The Goods and Services Tax or GST, which replaces a jumble of levies, often varying from one state to another, has been made law by parliament.
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Bill Gates Says Robots That Steal Human Jobs Should Pay Taxes
Mr Gates, one of the world's richest men, said he believes that governments should tax companies' use of robots, as a way to at least temporarily slow the spread of automation and to fund other types of employment.
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Need Clarity On GST Rate, New Emission Norms: Daimler
Seeking clarity at the earliest on the Good and Services Tax (GST) rate and its rollout as well as new emission norms, German auto major Daimler on Thursday said these issues are causing "much risk and uncertainty" in the market.
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Industry Demands 18% GST Rate, Says April 2017 Deadline Difficult
Industry pitched for 18 per cent GST rate, saying it would generate adequate tax buoyancy without fuelling inflation and also demanded relaxation in the penal provisions.
-
EU Regulator Moves Top Court to Make Apple Pay Over $14 Billion in Back Taxes
EU competition regulators appealed to the bloc's highest court on Tuesday to override a lower tribunal and make Apple pay a record EUR 13 billion ($14.3 billion or roughly Rs. 1,18,450 crore) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager'...
-
Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
-
Here's How You Can Pay Tax, Online Bills With Namma Chennai Smart Card
Namma Chennai Smart Card is a Ru-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres
-
Lok Sabha Passes Bill To Effect Corporate Tax Reduction
In the biggest reduction in 28 years, the government in September slashed corporate tax rates up to 10 percentage points as it looked to pull the economy.
-
Gross Direct Tax Collection Rises By 5% Till November, Says Finance Minister
Ms Sitharaman said several domestic and global firms have expressed interest in investment post announcement of the reduction in corporate tax rate.
-
Finance Minister Nirmala Sitharaman Introduces Bill To Cut Corporate Tax
The Taxation Laws (Amendment) Bill, 2019 will replace the Taxation Laws (Amendment) Ordinance, 2019, promulgated on September 20, 2019.
-
Centre To Introduce Bills On Corporate Tax In Lok Sabha Today
The government will introduce two important Bills in the Lok Sabha on Monday -- the Taxation Laws (Amendment) Bill and the International Financial Services Centres (IFSCs) Authority Bill.
-
"Corporate Tax Cuts Revolutionary," says PM Modi: Updates
Prime Minister Narendra Modi will be a keynote speaker at a business summit today, which is set to be attended by eminent business and political leaders including Bill Clinton, former International Monetary Fund chief Christine Lagarde and several top CEOs of Fortune 500 companies.
-
When Coca-Cola Challenged $3.3 Billion US Bill For Back Taxes
Coca-Cola sued the IRS, disputing the bill. The case is being tried now in U.S. Tax Court in Washington
-
30 Years After Her Death, Hindi Poet Mahadevi Varma Served Tax Notice
Over 30 years after her death, a civic body in Uttar Pradesh sent a notice to Hindi poet and activist Mahadevi Varma asking her to pay a pending tax of Rs 44,816 and to "appear in person" before the officials. The notice sent by the Allahabad Municipal Corporation (AMC) also warned if Ms Varma failed to do so, her house in Nevada, Ashok Nagar, woul...
-
Congress MP Ashok Chavan Criticises Shiv Sena President Uddhav Thackeray Over GST
Maharashtra Congress president and lawmaker Ashok Chavan today criticised Shiv Sena chief Uddhav Thackeray for red-flagging certain provisions of the draft State Goods and Services Tax (SGST) bill despite the Shiv Sena earlier welcoming the passage of the GST bill in Lok Sabha.
-
Uddhav Thackeray Gets House Call As Sena Sulk With BJP Extends To GST Tax
The landmark national services tax which is to be introduced in July has still not got the approval of the Shiv Sena, a key member of Prime Minister Narendra Modi's coalition government. The Goods and Services Tax or GST, which replaces a jumble of levies, often varying from one state to another, has been made law by parliament.
-
Bill Gates Says Robots That Steal Human Jobs Should Pay Taxes
Mr Gates, one of the world's richest men, said he believes that governments should tax companies' use of robots, as a way to at least temporarily slow the spread of automation and to fund other types of employment.
-
Need Clarity On GST Rate, New Emission Norms: Daimler
Seeking clarity at the earliest on the Good and Services Tax (GST) rate and its rollout as well as new emission norms, German auto major Daimler on Thursday said these issues are causing "much risk and uncertainty" in the market.
-
Industry Demands 18% GST Rate, Says April 2017 Deadline Difficult
Industry pitched for 18 per cent GST rate, saying it would generate adequate tax buoyancy without fuelling inflation and also demanded relaxation in the penal provisions.
