Rishi Sunak pays over five times more in taxes than Keir Starmer. Check their net worthLabour Party leader Keir Starmer's tax payments for the 2022-23 financial year have been disclosed by the party, revealing that he paid jus...
05 Jul, 2024, 12.36 PM IST
Food delivery startup Bolt’s UK tax tribunal win could be good for UberBolt took on HM Revenue and Customs (HMRC) over whether it was liable to pay a 20% tax charge on its gross income from customers or its mar...
19 Dec, 2023, 04.53 PM IST
Ex-F1 boss Bernie Ecclestone to pay £652.6 million over tax fraudFormer Formula One boss Bernie Ecclestone has pleaded guilty in a London court to misleading Britain's tax authority about overseas assets ...
12 Oct, 2023, 04.39 PM IST
Beginning of a global tax war? UK starts scrutinising multinationals for tax evasionThis is set to create a tug of war between tax authorities of large economies such as the US, China, UK, India and other European countries...
23 Nov, 2020, 04.15 PM IST
Property worth over Rs 13k cr attached, how far will it go, asks MallyaMallya also claimed that the banks' lawyers in England have objected in writing to his paying "my legitimate tax dues to HMRC which I reque...
01 Feb, 2019, 10.54 AM IST
India leads UK's Scotch whisky exports boomThe customs figures also show the volume of exports of the exclusive drink from Scotland increased by 5.6 per cent to almost 558 million bo...
21 Oct, 2018, 04.44 PM IST
For the last two years we've been doing far better than industry standards: HM Bharuka, MD, Kansai Nerolac"62 per cent of Kansai revenue comes from outside Japan in fact I always say future of Japan is outside Japan", added HM Bharuka.
13 Sep, 2017, 01.00 PM IST
Four Indian-origin persons among worst tax cheats in UKEleven people of Asian-origin, including four of Indian descent, are among 32 persons figuring in the rogues' gallery of Britain's top tax ...
05 Jan, 2013, 07.19 PM IST
- Indian-origin solicitor accused of UK tax fraud
A London-based solicitor of Indian-origin, who was made a Queen's Counsel in March 2011, is facing criminal charges for failing to pay 600,...
26 Jul, 2012, 07.45 PM IST
- Sensible merger
Law minister M Veerappa Moily's suggestion to merge the CBDT and CBEC, the two wings responsible for tax collections by the central governm...
18 Jun, 2011, 02.04 AM IST
Sports Ministry asks Kalmadi to sack two OC aidesUnder-fire Commonwealth Games Organising Committee chairman Suresh Kalmadi's cup of woes is brimming over with the sports ministry now putt...
03 Aug, 2010, 01.02 PM IST
- UK tax dept taps Capgemini to bring down costs
UK’s tax authority, HM Revenue & Customs, is set to start an offshore outsourcing pilot in India with technology vendor Capgemini to reduce...
31 Mar, 2010, 01.45 AM IST
- UK tax authority begins offshore outsourcing pilot in India
This offshoring pilot is launched to reduce operational costs and explore ways to do more with its annual IT budget. Latest buzz in IT indu...
30 Mar, 2010, 06.01 AM IST
- Mega UK outsourcing deals come calling
At a time when protectionist lobbies are asking Obama govt to curb outsourcing, UK is seeking to bring down costs by outsourcing projects. ...
30 Apr, 2009, 03.20 AM IST
- Barclays investigated for alleged tax dodging
Britain's tax office said it is investigating claims by a whistleblower that Barclays PLC, the country's third largest bank, has allegedly ...
17 Mar, 2009, 04.36 PM IST
- HM Revenue & Customs to cut over 3,000 jobs
HM Revenue & Customs, which is responsible for collecting bulk of revenue, paying tax credits and child benefits, has said it will close mo...
05 Dec, 2008, 10.36 PM IST
- British PM faces fury over huge data leakage
Two password-protected CDs containing the names, addresses, dates of birth and bank account details of millions went missing on October 18....
21 Nov, 2007, 05.00 PM IST