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SRI LANKA TAXPAYERS
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Trump 'a businessman, aur humara customer phas gaya...' says Congress Prez KhargeCongress will discuss the US administration's 26% reciprocal tariff on India and release a detailed statement. Party leaders criticized the...
- Sri Lankan President Dissanayaka opts for smaller Cabinet with fresh facesSri Lankan President Anura Kumara Dissanayaka swore in a 21-member Cabinet on Monday, fulfilling a campaign promise to reduce government sp...
- US seeks $100 mn from owner of ship that destroyed Baltimore bridgeThe US Justice Department has filed a lawsuit seeking over $100 million from the Singapore owner and operator of a cargo ship that collided...
- Budget 2023: Scrap Income Tax until people's faith in government spending is fully restoredIndia's income-tax collection is too peripheral to be meaningful. Only a measly 6.2% of the population pays any income tax, according to th...
- Govts with fiscal constraints should avoid undertaking non-merit freebies: Former NITI Aayog VC Rajiv KumarNon-merit freebies which are the nature of giving out gifts, consumer durables, those are to be looked at carefully and in any case should ...
- Sri Lanka is running out of time to secure an IMF bailoutIt has a long history of rising foreign obligations, driven partly by incessant government deficits, and this has been worsened by a loss o...
- Crisis-hit Sri Lanka's Cabinet convenes crucial Parliament sessionThe Parliament session began with mourning the murder of ruling Sri Lanka Podujana Peramuna (SLPP) lawmaker Amarakeerthi Athukorala, who wa...
- India to step up assistance as Sri Lanka stares at bankruptcyThe fresh assistance could focus on humanitarian requirements and both governments are in close touch, ET has learnt. The Lankan government...
- Sri Lanka lost around 1 million taxpayers since 2019 tax cuts, says finance minister Ali Sabry"From around 1,550,000 taxpayers at the beginning of 2020, the number came down to 1,036,000 in 2020 and to 412,000 in 2021. This is a mass...
- Stranded NRIs look at Cambodia, Vietnam & Lanka for tax tourismMany multinational employees are stuck in India as several countries are not allowing Indians to fly back. In other cases, some NRIs want t...
- Nod for Direct Tax amnesty scheme to cover debt recovery tribunalsThe Cabinet’s approval to infuse Rs 2,500 crore into National Insurance Company, Oriental Insurance Company and United General Insurance Co...
- After Stalin's barb on MGR event, AIADMK hits backSenior party leader and Fisheries Minister D Jayakumar said not even 10 per cent the amount spent for the conference by the DMK government ...
- Claiming credit in India for taxes paid overseas becomes easierThe earlier draft rules, issued in April, had excluded disputed foreign taxes from the ambit of FTC. Now credit can be claimed in respect o...
- 426 Indians in British jailsThere are 426 Indian citizens - 421 male and 5 female - undergoing sentences in British jails after being convicted for a variety of offenc...
- India ratifies double taxation avoidance pacts with SAARCIndia has ratified the new Double Taxation Avoidance Agreements with SAARC nations taking forward its efforts to track and unearth black mo...
- Blackmoney: DTAAs with SAARC bloc to be operational from AprilTaking forward its efforts to track and unearth blackmoney, India has now ratified its Double Taxation Avoidance Agreements with SAARC nati...
- Tax BPO services at 11-13% over cost, says DeloitteIntroduction of safe harbour rules likely to improve foreign investment climate in IT and ITeS. Top 10 BPOs | Wipro bags Australian univers...
- LTUs to come up in Delhi, MumbaiLarge Taxpayers Units would soon be set up in New Delhi and Mumbai, similar to the ones opened in Bangalore and Chennai.The LTU in Mumbai w...
- Tax collection touches Rs 1,54,000 crTax collection in the country has touched Rs 1,54,000 crore and is likely to cross the target of Rs 2,67,000 crore, recording an overall gr...
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