U.K. Soda Tax Slashes Childrens’ Sugar Intake

U.K. Soda Tax Slashes Childrens’ Sugar Intake

Piles of different brands of soft drinks in a grocery store. Research shows a soda tax has … [+] substantially cut daily sugar intake in the U.K. LightRocket via Getty Images U.K. kids’ intake of sugar from soda halved in the years following the annoucement of a tax on the sweet drinks, scientists have found. …

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Weddings and tax implications of cash gifts

Weddings and tax implications of cash gifts

I want to give a cash gift of more than ₹50,000 to my daughter at her wedding. Will it be taxed in her hands? What is the exemption limit for cash gifts that she can accept from her parents? Besides, she will also receive cash gifts from my sister, maternal uncles, grandmother and other relatives …

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Tax perspective of direct listing of firms on GIFT IFSC

Tax perspective of direct listing of firms on GIFT IFSC

It took around 20 years of persistent hard work by Infosys founder Narayana Murthy to ensure its listing on the US stock exchange, in 1999, the first Indian company to get listed on Nasdaq. Back then, Infosys had to take the more tedious and stringent route of American Depository Receipts (ADRs) for the Nasdaq listing …

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SC stays Delhi HC ruling on benefits for foreign investors with TRCs

SC stays Delhi HC ruling on benefits for foreign investors with TRCs

NEW DELHI :The Supreme Court has put on hold a Delhi High Court ruling that had allowed foreign investors to benefit from zero or reduced tax rates in India based solely on possessing a tax residency certificate. Foreign investors can avail these certificates, known as TRCs, based on treaties between India and tax haven countries …

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How small businesses can benefit from GST composition scheme

How small businesses can benefit from GST composition scheme

GST, introduced on 1 July 2017, is a form of indirect tax that is charged on sales and collected by businesses from a customer buying the service or goods. Income tax (or corporate tax), on the other hand, is paid by businesses on the net income or profit they make on the sales of such …

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Fake GST Bill: फर्जी जीएसटी बिल की पहचान कैसे करें? बहुत आसानी से कर सकते हैं असली और नकली बिल पहचान

Fake GST Bill: फर्जी जीएसटी बिल की पहचान कैसे करें? बहुत आसानी से कर सकते हैं असली और नकली बिल पहचान

बिजनेस डेस्क, नई दिल्ली। गुड्स और सर्विस टैक्स सिस्टम को लागू करने का उद्देश्य टैक्स सिस्टम को सुचारु रूप से चलाना। कई लोग टैक्स चोरी करते थे या फिर लोगों से टैक्स के नाम पर ज्यादा राशि लेते थे। ऐसे में इस तरह के फर्जीवाड़ा पर नकेल कसने के लिए जीएसटी बिल लागू किया गया …

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Embraer celebrates as Brazil joins WTO civil aircraft agreement

Embraer celebrates as Brazil joins WTO civil aircraft agreement

A view of Embraer Phenom 300E aircraft before the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 6, 2022. REUTERS/Roosevelt Cassio Acquire Licensing Rights SAO PAULO, Nov 17 (Reuters) – Brazil joined the World Trade Organization’s agreement on trade in civil aircraft on Friday, a move …

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IRS will start piloting its free TurboTax alternative in 2024

IRS will start piloting its free TurboTax alternative in 2024

It looks like the Internal Revenue Service (IRS) truly was working on a free TurboTax alternative like earlier reports had claimed. The US tax authority has announced that it will start pilot testing its new Direct File program for the 2024 filing season, though it will initially be available for select taxpayers in 13 states …

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