Tax News

An Indian in Kuwait sent Rs 1.09 crore to India without filing an ITR, leading to the ITAT deleting Rs 5.52 lakh and checking Rs 2.5 crore.

A hedge fund tycoon who paid £330 million in tax last year is reportedly leaving the UK, joining an exodus of wealthy individuals under the Labour government.

आईटीएटी बेंगलुरु ने फैसला सुनाया है कि ऑनलाइन गेमिंग से कर योग्य राशि खिलाड़ी की वास्तविक शुद्ध जीत होगी, न कि वॉलेट में दिखने वाली सकल राशि या गेमप्ले के विभिन

John Healey is expected to emphasize wealth creation to reassure markets, while the Chancellor faces pressure over potential tax rises after Andy Burnham's comm

The bond market is experiencing a significant downturn, which is concerning for the UK economy. This situation is negatively impacting public services and tax i

Almost half of people are reportedly missing a new, legally required HMRC deadline set for August 2026, for a system that is not optional.

Kirstie Allsopp has criticized the Labour Party's proposed tax on expensive homes, linking it to a significant slump in house prices in parts of London, where v

एक अहमदाबाद के भूस्वामी को ₹6.82 करोड़ की कथित भूमि बिक्री पर ₹3.41 करोड़ का कर भुगतान करना पड़ा, जो जाली हस्ताक्षर और फर्जी मुख्तारनामा का उपयोग करके की गई थी,

New research indicates that Irish consumers pay the second highest excise duty on alcohol in Europe.

Prashant Kishor's financial portfolio primarily consists of ₹7.36 crore in fixed deposits with HDFC Bank, with his total assets, including movable and immovable

The article warns that a message requesting payment of Rs 6,000 in tax might be fraudulent.

A property buyer who paid ₹6.5 crore for a property valued at ₹8.85 crore for stamp duty purposes received relief from a ₹2.35 crore tax addition, as ITAT Mumba

Experts state that a recent ruling does not automatically make every unexercised ESOP buyback tax-efficient, despite the Flipkart ESOP case.

A Papa Johns worker was fired after he refused to be paid cash-in-hand, insisting on proper tax and National Insurance deductions.

Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may be subject to withholding tax on loan interest, potentially impacting retu

A podcast discusses whether the public will face higher taxes to fund social care, following Andy Burnham's speech on a national care service and Robert Jenrick

Reform UK's Treasury spokesman Robert Jenrick has urged the Prime Minister to rule out an £18bn 'death tax' intended to fund social care, accusing the PM of an

Drivers may face a new tax on workplace parking spaces, backed by Andy Burnham, as nearly a dozen cash-strapped town halls are developing plans to implement suc

New York City's mayor is implementing a new tax on expensive second homes to fund public services, amidst an exodus of high-income residents. This comes as comp

Gary Lineker is accused of hypocrisy for urging the new Prime Minister to tax the wealthy more, despite his own five-year battle against a £4.9 million tax bill

Gary Lineker has been challenged to write a cheque if he wishes to pay more tax, as he joins over 100 wealthy individuals advocating for higher tax contribution

Gary Lineker has publicly urged Andy Burnham to advocate for higher taxes on wealthy individuals, following an open letter sent to the new Prime Minister callin

New analysis reveals that an additional half a million British workers will begin paying basic rate income tax this year due to the frozen £12,570 threshold, ra

Golfer Tommy Fleetwood, who finished T4 at The Open Championship, could lose nearly half of his £615,000 prize money.