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Latest News for: tax assessment
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Changes sought in transfer pricing assessment
The Times of India 03 Feb 2025
... officer to resolve the matters, scope of appeal with the taxpayers, fate of new transactions along with the process for corporate tax assessment matters in the second or third year under the block.
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African tax administrators should leverage knowledge sharing to improve revenue mobilisation -GRA...
Business Ghana 03 Feb 2025
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India reconsiders crypto stance as global adoption pressures mount
Cryptopolitan 03 Feb 2025
The Indian government imposed heavy taxes and stringent rules on digital assets due to its concerns about their multiple risks ... Crypto holders will also face a 70% penalty on previously undisclosed gains up to four years after the tax assessment year.
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'Tax assessee’s word is final for us... trust is what we want': FM Nirmala Sitharaman
The Times of India 03 Feb 2025
... to making the Income Tax Act relevant to the 21st century; relevant to an era which is technology-driven; relevant to times where the taxpayer is most often doing the assessment and filing himself.
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House approves tax incentives, facilitation laws, boosting business confidence: Abdel Aal
Daily News Egypt 02 Feb 2025
The package includes waiving penalties for filing or amending tax returns from 2020 to 2024. Additionally, taxpayers can settle disputes related to estimated assessments for periods before 2020 by paying a percentage of the assessed tax.
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Why a tax hike?
Park Record 02 Feb 2025
Why was it necessary to approve the recent tax increase when the ... The Park City School District assessment represents 69% of total property tax assessment, starving out other critical tax revenue needs.
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Lindenhurst Village residents about to see hefty 12% tax rate increase
Newsday 02 Feb 2025
The village’s tax rate is jumping from the current $22 per $100 of assessed valuation to $24.75 per $100 of assessed valuation, a 12.5% hike ... The village board approved the budget, which pierces the state tax cap and runs from March 1 through Feb.
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New tax structure to benefit 5.65 cr taxpayers, will collectively save around Rs 1 L cr in taxes: SBI Report
Beijing News 02 Feb 2025
Taking this trust further, I now propose to extend the time limit to file updated returns for any assessment year."To increase consumption, Government had increased 'Nil tax' slab from Rs 2.5 lakh in 2014 to Rs 7 lakh in 2023.
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Are the super-rich people paying their fair share in tax?
RTE 02 Feb 2025
Paying a wealth tax probably wouldn't be top of our to-do list. It is not an issue most of us have to concern ourselves with, but if a wealth tax was ever introduced in Ireland, it could impact 1,350 people here.
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Kansas Legislature eyes property taxes but to what end result? | Opinion
The Hutchinson News 02 Feb 2025
Fresh off citizen vitriol for rising property taxes during their 2024 campaigns, a fortified Republican super-majority Kansas Legislature began loading their prized horses into the starting gate of this year’s Property Tax Derby.
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Nirmala Sitharaman: ‘1 crore more people will pay no tax’
Financial Express 02 Feb 2025
With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption, savings or investment, Union Finance Minister Nirmala Sitharaman said in an interview with Doordarshan.
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Barclays says IT glitch that locked thousands out of their accounts for two days has ...
The Daily Mail 02 Feb 2025
The outage, which is not believed to be cyber attack, began on Friday, the same day as the January payday for many British workers and the deadline for self-assessment tax returns.
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Spin Control: Website offers education on one side of the state budget problem
The Spokesman-Review 02 Feb 2025
Whether the 2025-27 state budget faces a crisis or a challenge depends almost always on the person making the assessment ... At least, not as much tax money as they estimated a year ago.
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