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DEDICATED SALES TAX FOR FERRIES
IRS raises 2027 capital gains tax limits: Could selling stocks become tax-free for more Americans as the 0% threshold jumps to $51,050?- Blades Brown makes golf history at 19: How the young golfer rose from junior champion to PGA Tour winner
- Budget 2027-28: PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10%
- Kitsap Fast Ferries carried 854,529 passengers in 2024, while fares covered 16% of operating costs in 2023; voters approved a sales tax to fund the serviceKitsap Fast Ferries has successfully increased passenger transport, carrying over 854,000 passengers in 2024. The local sales tax supports ...10 Nov, 2026, 03.00 PM IST
- Cement trader deposits Rs 14.74 lakh during demonetisation, gets tax notice over Rs 5.72 lakh unexplained cash; wins case in ITAT CuttackMr. Patra, a cement trader from Balasore, encountered problems with the Income Tax Department over cash deposits that were deemed unexplain...10 Nov, 2026, 11.03 AM IST
- India risks losing tax revenue by delaying global minimum tax rolloutIndia’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countr...09 Nov, 2026, 10.39 PM IST
- French Ardian raises over $1 billion to invest in semiconductor makersChips are central to AI advances, with governments increasingly backing homegrown companies to secure sovereign technology. The platform, n...09 Nov, 2026, 07.45 PM IST
- How will Democrats reduce your grocery bill once they take over Congress? Will rolling back Donald Trump's tariffs make food cheaper?Democrats won both chambers of Congress after campaigning on the cost of living. Their grocery proposals range from rolling back tariffs to...09 Nov, 2026, 05.49 PM IST
- Power outage in Seattle: Nearly 83,000 customers lose power amid windstorm; check affected areas, weather advisory and moreSeattle power outage news: A severe windstorm impacted Western Washington, resulting in wide-scale power outages for over 83,000 customers....08 Nov, 2026, 01.04 PM IST
- Rs 48 lakh in cash received from the sale of two properties, paid capital gains tax but received an income tax notice; taxpayer wins the case in ITAT Cuttack for this reasonMr. Purushottam residing in Kabisurya Nagar, encountered a penalty for accepting cash payments linked to his property sales. He sold two pr...07 Nov, 2026, 05.24 PM IST
- Donald Trump offers Democrats immigration, tax talksDonald Trump has expressed readiness to work with Democratic lawmakers on issues like immigration and taxes. He acknowledged that both part...07 Nov, 2026, 10.35 AM IST
- Farmer bought land at less than stamp duty value, got income tax notice; How DVO report helped him win Rs 18.24 lakh tax dispute in ITAT SuratMr. Desai, encountered difficulties with the Income Tax Department after purchasing land for a price less than the stamp duty value. The In...06 Nov, 2026, 01.56 PM IST
- 'Surcharge an enhancement of rate of sales tax': SC upholds states' power to levy additional sales taxThe Supreme Court reaffirmed a 1974 ruling regarding states' power to levy additional sales tax. This ruling clarified that such levies are...05 Nov, 2026, 06.53 PM IST
- Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...05 Nov, 2026, 03.30 PM IST
- SC upholds states’ power to levy additional sales tax, surcharge under pre-GST regimeThe Supreme Court has upheld the validity of states imposing additional taxes, surcharges and cesses calculated as a percentage of sales or...05 Nov, 2026, 01.00 AM IST
- FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appealsFICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlig...04 Nov, 2026, 07.30 PM IST
- SC says 1974 ruling on states' power to levy additional sales tax continues to holdThe Supreme Court held that a previous ruling from 1974 regarding additional sales tax remains applicable today. It determined that the leg...04 Nov, 2026, 01.03 PM IST
- California could become the first state to tax billionaires' wealthThe state of California is deliberating on a proposed one-off 5% tax on the net worth of billionaires via Proposition 40. The initiative en...04 Nov, 2026, 12.21 PM IST
- Physical gold vs gold ETF: Which can be more tax-efficient for investors?During Diwali, many choose to invest in gold due to its cultural significance and potential financial returns. It's crucial to grasp the ta...03 Nov, 2026, 04.34 PM IST
- How Australia built world’s biggest battery-powered ferryThe electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-frie...28 Oct, 2026, 09.38 AM IST
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