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UK TAX RELIEF
UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...- India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...
- IMF's bullish call: Why is India sprinting when the world stumbles?The IMF has raised India's growth forecast to 7% for both FY27 and FY28, highlighting the country's resilience despite higher oil prices an...
- Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
- India’s bid to keep carbon cash home as Europe adds a new trade costIndia’s exporters face new carbon costs under the EU’s CBAM, which took effect in January 2026. For carbon-intensive industries such as ste...
- The Iran war is driving clean energy development. It's not enough to help the planet, yetGlobal clean energy adoption is increasing due to the war against Iran. However, this shift is not yet sufficient to combat climate change ...
- India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
- UK recognises India's CCTS; carbon price to be accepted under CBAM regime: Comm SecyThe United Kingdom has recognized India's Carbon Credit Trading Scheme. This recognition allows carbon price relief under Britain's CBAM re...
- UK recognises India’s carbon credit trading scheme, relief for Indian exportersThe United Kingdom will recognize India's carbon credit trading scheme. This recognition will help Indian exporters avoid double taxation o...
- Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
- NRI selling Indian assets? US, UK, UAE, Canada, Australia or Singapore - how your country of residence could decide the income tax billWhen selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary bas...
- UK based employee sold ESOP worth Rs 26 lakh, declared Rs 1 lakh short-term capital loss, Income Tax dept treated it as unexplained gains; He fights and wins case in ITAT MumbaiUK-based Indian employee sold 1,540 L&T Infotech shares for Rs 26 lakh which he had acquired through ESOPs, declared Rs 1 lakh short-term c...
- British Airways cannot claim treaty relief on India ground handling income: ITATThe Income Tax Appellate Tribunal (ITAT) has ruled that British Airways cannot claim India-UK tax treaty protection on income from providin...
- UK tax bills rise as millions face higher rates — 15 simple ways to cut your tax in 2026UK tax bills are going up as tax limits stay frozen until 2031. This is pushing millions into higher tax rates. Experts say people can stil...
- Wealthy British Indians join exodus amid tax and policy concernsWealthy British Indians are relocating abroad, with Dubai emerging as a popular destination. High taxes, deteriorating public services, and...
- UK’s Jeremy Hunt plans £10 billion tax rule changesTalks are underway to reduce the rate at which income tax relief is applied to Britain's higher-rate taxpayers from 40 pence to as low as 2...
- Bombay HC directs ED not to attach producer's properties until decision on pleaED had in October last year seized properties of Arora, who had allegedly cheated the UK government by claiming bogus tax returns.
- No relief for Indians from social security taxes in UKBritain had said that it was not possible to sign such an agreement with India due to fiscal pressures post global financial crisis .
- Aishwarya gets tax relief on earnings abroadThe Income-Tax Appellate Tribunal (ITAT), Mumbai, has allowed the actress to take credit for the tax already paid in the UK and the US.
- Ash gets tax relief on US, UK earningsActress Aishwarya Rai has got tax relief for earnings from the UK and the US. The Income-Tax Appellate Tribunal (ITAT), Mumbai has allowed ...
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