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TAX BILL LOOPHOLE
'I quit my job. I gave them 2 seconds notice': US worker quits after manager demands a drug test for wearing a blanketA night shift worker's viral story highlights concerns about workplace drug testing. Employers might use drug tests to dismiss staff and re...- Donald Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax systemDonald Trump's tax probes have ended. The Internal Revenue Service agreed to drop all pending investigations into the former president's ta...
- Bengaluru CA explains zero tax trick on Rs 17 lakh rent income : 'No bills, no receipts....'India's tax framework allows certain individuals to legally reduce rental income tax to zero. A flat 30% deduction on gross rental income, ...
- Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
- Market shock ahead? Ex-Treasury secretary warns of ‘vicious’ bond crash comingFormer U.S. Treasury Secretary Henry Paulson warns of a possible bond market crash due to rising U.S. debt and interest rates. He says risk...
- No more technical escapes? Finance Bill 2026 pushes taxpayers to fight cases on meritsThe Finance Bill 2026 introduces significant changes to tax litigation in India. Tax cases will now be decided based on facts and merits, m...
- The tax bill’s private school loophole would make DOGE cryA Senate-passed budget bill provision aims to expand private school access through tax credits for donations to scholarship organizations. ...
- Will Democrat Senator Kyrsten Sinema support proposed climate, tax Bill?The Democrats need Kyrsten Sinema's support in getting tax and climate legislation cleared. The prospects of the bill seem to be in doubt a...
- GST should be rolled out in October not July 1: P ChidambaramFormer finance minister P Chidambaram has said that a more realistic deadline for rolling out the goods and services tax was October 1, ins...
- India-Mauritius tax treaty is a positive, says global financial major DBSAs the government nears its two-year mark in office, global financial services major DBS today said the reform agenda has been "broad-based...
- Loopholes in black money bill can lead to harassment: AssochamAssocham has said that loopholes in the proposed legislation need to be plugged in order to avoid "harassment" to those availing the compli...
- Budget 2014: FM Arun Jaitley's new income tax rule has the potential to kill black money market“The Finance Bill 2014 has made the forfeited amount chargeable to tax, thus making it an income and plugging this loophole.”
- Welcome Direct Taxes Code Bill: Government to release revised bill for public commentsThe government’s decision to release the revised Direct Taxes Code Bill for public comments is welcome. The Bill has no legal sanctity with...
- Deepender Hooda welcomes Centre's announcement on wealth taxDeepender, along with three other Congress MPs, had moved amendments to the Finance Bill seeking exemption of agriculture land from wealth ...
- CSR may become mandatory if Companies Bill is passed with house panel suggestionsParliamentary Standing Committee wants cos with annual turnover of over Rs 1,000 crore to earmark 2% net profits for corporate social respo...
- New laws to make outsourcing tough for US cosAmerican lawmakers plan to make it less attractive for the country’s multinational giants IBM and GE to expand their workforce in cheaper l...
- New US law may make outsourcing tough for MNCsUS plans to make it less attractive for companies like IBM and GE to expand their workforce in India. Latest buzz in Indian IT sector | Kee...
- Waste material trade set to attract excise dutyCompanies which sell residual material will now be liable to pay excise duty on it. The Finance Bill proposes to carry out an amendment in ...
- Telecom firms under FM scannerFinance Ministry is looking into the slow growth of service tax in the telecom sector.
- Telecom companies under Fin Min scannerFinance Ministry is looking into the slow growth of service tax in the telecom sector.
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