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Steel Tycoon Laxmi Mittal Likely To Leave UK Due To Tax Reforms: Report
Laxmi Mittal owns several estates in the UK, including a mansion in Kensington Palace Gardens, pegged as the world's most expensive home when it was bought it in 2004.
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Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
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No-Tax-On-Overtime Proposal By Donald Trump: What You Need To Know
Donald Trump's proposal to eliminate federal taxes on overtime pay, tips, and Social Security benefits aims to boost economic growth and increase take-home pay, but raises concerns about revenue loss and potential manipulation.
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Opinion | Budget 2025: What's Better Than Reforms? Execution
The success of the Centre's ambitious measures under Union Budget 2025 will depend on swift and effective implementation. Reforms that remain on paper do little to improve economic efficiency or investor confidence.
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Tax Reforms, Measures For MSMEs: Nirmala Sitharaman's Full Budget Speech
Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget today. The centre announced major reforms for ease of doing business, MSMEs, startups and tax reforms for the middle class.
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Union Budget 2025: What Budget May Bring For Individuals? An Expert View
The Union Budget 2025, set to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is highly anticipated by individual taxpayers, who are hoping for tax reforms that will increase their disposable income and stimulate economic gro
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Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
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Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
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Union Budget 2024: No Tax Relief for Crypto Sector, Industry Takes Respite in Angel Tax Abolishment
The Union Budget that was unveiled on Tuesday without any reduction in one percent TDS on all crypto transactions that has been requested by the crypto industry. Meanwhile, the Web3 community continues to vouch for patience and belief in the government for comprehensive industry-specific reforms in the future.
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Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
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CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.
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World Bank Asks Pakistan To Bring Tax Reforms, Remove Sales Tax Exemptions
The World Bank has asked the Pakistani government to make tax reforms and remove the exemptions on duties and sales tax, Pakistan-based ARY News reported.
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"Want An India That...": US Envoy Wants Reforms In Tax, Export Policies
US Ambassador Eric Garcetti on Tuesday pitched for reform in India's taxation and export control for deeper bilateral economic engagement and said the "rhetoric" that everything has to be made in India could slow down the pace of the country's growth
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#ReduceCryptoTax: India’s Web3 Community Demands Relief, Offers Ideas Ahead of Budget 2024
For the last two years, the Indian government has paid no heed to the sentiment of the Web3 community, that has been urging for a revision on crypto-related tax laws. Ahead of the upcoming budget announcement for the year 2024-2025, the Web3 community of India have hit social networking platforms with the hashtag -- ‘#ReduceCryptoTax’.
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Bill To Amend Central Goods And Services Tax Act Introduced In Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday.
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Steel Tycoon Laxmi Mittal Likely To Leave UK Due To Tax Reforms: Report
Laxmi Mittal owns several estates in the UK, including a mansion in Kensington Palace Gardens, pegged as the world's most expensive home when it was bought it in 2004.
-
Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
-
No-Tax-On-Overtime Proposal By Donald Trump: What You Need To Know
Donald Trump's proposal to eliminate federal taxes on overtime pay, tips, and Social Security benefits aims to boost economic growth and increase take-home pay, but raises concerns about revenue loss and potential manipulation.
-
Opinion | Budget 2025: What's Better Than Reforms? Execution
The success of the Centre's ambitious measures under Union Budget 2025 will depend on swift and effective implementation. Reforms that remain on paper do little to improve economic efficiency or investor confidence.
-
Tax Reforms, Measures For MSMEs: Nirmala Sitharaman's Full Budget Speech
Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget today. The centre announced major reforms for ease of doing business, MSMEs, startups and tax reforms for the middle class.
-
Union Budget 2025: What Budget May Bring For Individuals? An Expert View
The Union Budget 2025, set to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is highly anticipated by individual taxpayers, who are hoping for tax reforms that will increase their disposable income and stimulate economic gro
-
Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
-
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
-
Union Budget 2024: No Tax Relief for Crypto Sector, Industry Takes Respite in Angel Tax Abolishment
The Union Budget that was unveiled on Tuesday without any reduction in one percent TDS on all crypto transactions that has been requested by the crypto industry. Meanwhile, the Web3 community continues to vouch for patience and belief in the government for comprehensive industry-specific reforms in the future.
-
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
-
CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.
-
World Bank Asks Pakistan To Bring Tax Reforms, Remove Sales Tax Exemptions
The World Bank has asked the Pakistani government to make tax reforms and remove the exemptions on duties and sales tax, Pakistan-based ARY News reported.
-
"Want An India That...": US Envoy Wants Reforms In Tax, Export Policies
US Ambassador Eric Garcetti on Tuesday pitched for reform in India's taxation and export control for deeper bilateral economic engagement and said the "rhetoric" that everything has to be made in India could slow down the pace of the country's growth
-
#ReduceCryptoTax: India’s Web3 Community Demands Relief, Offers Ideas Ahead of Budget 2024
For the last two years, the Indian government has paid no heed to the sentiment of the Web3 community, that has been urging for a revision on crypto-related tax laws. Ahead of the upcoming budget announcement for the year 2024-2025, the Web3 community of India have hit social networking platforms with the hashtag -- ‘#ReduceCryptoTax’.
-
Bill To Amend Central Goods And Services Tax Act Introduced In Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday.
