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"tax"

  • ‘Tax on digital assets positive step for crypto industry’

    Hyderabad: The announcement in the union Budget 2022-23 of introducing flat 30 per cent taxation on income from crypto and digital assets is being seen as a welcome move for innovators and experts working in this field. In her speech, Finance Minister Nirmala Sitharaman said, “There has been a phenomenal increase in transactions in virtual […]
  • Pramila Jayapal slams Elon Musk for bragging about paying tax

    In a tweet, Jayapal said: "Elon Musk made $36 billion in one day, but wants to brag about paying an $11 billion tax bill. Oh yeah, he also added more than $270 billion in wealth just since the pandemic started.
  • Will prices of petrol and diesel come down if they are included in GST regime?

    Hyderabad: Will inclusion of petrol and diesel in the GST regime bring down fuel prices? Industry experts say that the fuel prices would come down if petrol and diesel were included in the GST regime, benefitting the customers. But such a move is fraught with the danger of leading to a severe shortfall in the […]
  • India agrees to global tax framework on taxing multinationals

    India and the other countries issued a joint statement on Thursday affirming support for the proposed framework which has at its core a global minimum corporate tax of 15 per cent
  • Simplifying trading for beginners via YouTube

    Hyderabad-born YouTube channel Convey by FinnovationZ has over 15 lakh subscribers with an average viewership of one lakh per video.
  • ‘India should focus on reforms’

    The government must lead the investment cycle but focus on completing the several projects that are underway and not start new ones.
  • Reduce burden of tax, Telangana High Court directs CBDT

    In a writ petition filed by Telangana Building and Other Construction Workers Welfare Board claiming that they are entitled for exemption granted in 2017 for a period of 5 years.
  • Tax burden on cigarettes in India is much below than international standards

    In the India Cigarette Tax Scorecard, India got an overall score of 1.88 out of five possible points, which is slightly better than the South-East Asia average of 1.82.
  • India leads the world in AI adoption, thanks to Covid-19

    According to a global study by PwC India, the highest increase in use of artificial intelligence (AI) during Covid-19 times has been witnessed in India.
  • Kamala Harris says no tax increase for annual income below USD 400,000

    Harris, 56, is set to make history becoming the first woman - and the first woman of colour - to occupy the office.
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