Search For "corporate tax"
Steps taken by Govt helped keep economy afloat in difficult times: Nirmala
Updated : 3 weeks, 5 days ago IST
New Delhi [India], June 8 (ANI): Union Finance Minister Nirmala Sitharaman on Wednesday said the steps taken by the government like the implementation of GST, Insolvency and Bankruptcy Code and reduction in corporate tax, helped keep the Indian economy afloat in the difficult times of COVID-
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UAE announces new 9 per cent corporation tax from June 2023
Updated : 5 months ago IST
Abu Dhabi [UAE], February 1 (ANI): Businesses in the United Arab Emirates will now be subject to a new 9 per cent corporation tax from the beginning of their first financial year that starts on or after June 2023, reported Arab News.
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Refunds of Rs 1.49 lakh crore issued to taxpayers so far this fiscal
Updated : 6 months, 1 week ago IST
New Delhi [India], December 28 (ANI): The Central Board of Direct Taxes (CBDT) said on Tuesday it has issued over Rs 1.49 lakh crore in refunds to 1.45 crore taxpayers during the current financial year till December 27.
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CBDT issues refunds of over Rs 1,32,381 cr to more than one cr taxpayers
Updated : 6 months, 3 weeks ago IST
New Delhi [India], December 9 (ANI): Central Board of Direct Taxes on Thursday issued a refund of over Rs 1,32,381 crore to more than 1.19 crore taxpayers from April 1, 2021, to December 6, 2021, said the Income Tax department.
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G20 leaders have reached historic agreement for effective international ta
Updated : 8 months, 1 week ago IST
Rome [Italy], October 30 (ANI): Leaders of G20 nations have reached an "historic agreement" for a fairer and more effective international tax system that would set a 15 per cent global minimum corporate tax.
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US treasury secretary hopes Congress will approve global corporate tax dea
Updated : 8 months, 3 weeks ago IST
Washington [US], October 11 (ANI/Xinhua): US Treasury Secretary Janet Yellen has said that she hoped US Congress would approve a key pillar of the global corporate tax deal agreed by some 136 countries and jurisdictions.
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Minimum corporate tax rate to address challenges of digitalisation, India
Updated : 8 months, 4 weeks ago IST
New Delhi [India], October 9 (ANI): India will likely emerge as a beneficiary of the minimum corporate tax rate of 15 per cent reached amongst 136 countries, which will help address challenges posed by digitalisation, said Deloitte India Partner Sumit Singhania on Saturday.
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Biden's plan wins support, 130 countries agree to join global minimum tax
Updated : 1 year ago IST
Paris (France) July 2 (ANI): US President Joe Biden's tax plan has been accepted by 130 countries worldwide including India and China. These nations will implement a global minimum corporate tax rate and duties on multinational giants from 2023, the Organization for Economic Cooperation and
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Will global minimum tax rate reduce Singapore's appeal to foreign, Indian
Updated : 1 year ago IST
Singapore, June 14 (ANI): Last week, the Group of Seven (G7) advanced economies announced that they have come to a preliminary agreement to set a global minimum corporate tax rate of 15 percent.
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Equity indices subdued, metal stocks dip
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Equity benchmark indices traded at flattish levels during early hours on Tuesday despite positive global cues with metal stocks taking a hit.
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G7 nations reach 'historic' agreement on global corporate tax
Updated : 1 year ago IST
London [UK], June 5 (ANI): The Group of Seven (G7) agreed on Saturday to reform the global tax system to make multinationals and tech giants like Apple and Amazon shell out a higher fiscal contribution in countries where they do business.
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I-T refunds over Rs 1.91 lakh crore issued between April 1 to Feb 8
Updated : 1 year, 4 months ago IST
New Delhi [India], February 10 (ANI): The income tax department on Wednesday said it has issued over Rs 1.91 lakh crore worth refunds to over 1.87 crore taxpayers between April 1, 2020, to February 8, 2021.
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