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Budget 2025-26: No tax on income up to ₹12 lakh, fiscal deficit at 4.4%, capex at ₹11.21 lakh crore
01 Feb 2025 14:55 GMT
… Viability Gap Funding scheme for offshore wind energy. The Green … cooperative federalism.
Personal income tax exemptions have been raised … tax payable on income up to ₹12 lakh. For salaried taxpayers … ₹1 lakh.
On indirect taxes, seven tariff rates have been …
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Budget 2025 for crypto: 30% tax on gains to continue even as regulatory oversight tightened
01 Feb 2025 11:27 GMT
… being shifted offshore and the significant loss to the tax exchequer have … discovered during searches can be taxed at 60 per cent … 2025 has maintained the existing tax structure on VDAs. While … the undisclosed income of a taxpayer is assessed under search and …
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Big gain for NRIs: Finance Bill 2025 widens IFSC tax exemptions to include FPIs, boosting foreign investments
01 Feb 2025 11:11 GMT
… 2025, which introduces key tax exemptions poised to reshape … consistently offered tax incentives under the Income-tax Act, 1961 … Distribution of income on offshore derivative instruments
Notably, the … such FPIs can claim tax benefits, provided specific …
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A Look at President Trump's America First Trade Policy Executive Order and International Tax
31 Jan 2025 23:14 GMT
… profits offshore through contrived arrangements, and the change to withholding taxes on … taxes
value-added tax (VAT), goods and services tax, sales tax or similar tax on … consumption
a tax …
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Bidzina Ivanishvili and family reportedly transfer offshore assets to Georgia
31 Jan 2025 19:26 GMT
… ‘likely taking advantage’ of tax code amendments passed in April … the changes to Georgia’s tax code, claiming they could … that the amendments to the tax code were likely designed … read.
Georgian Dream eliminates taxes on offshore assets brought to Georgia
…
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Luxon should emulate Trump’s business tax cuts for NZ growth - Fran O’Sullivan
31 Jan 2025 16:21 GMT
… business costs and bringing in tax cuts is also aimed at … .
Trump wants to cut corporate taxes to 15% down from 21% … bringing in the kind of tax incentives that fuelled growth in … and Singapore.
That’s what offshore investors will be looking for …
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Abramovich faces fresh calls for HMRC probe over potential £1bn tax bill
31 Jan 2025 16:08 GMT
… a parliamentary group on fair taxation, pressed for a “proper … could be subject to British taxes.
Abramovich, long known for … Kremlin. While offshore companies can legitimately reduce tax bills if fully … ensuring that any unpaid taxes are recovered is a matter …
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Government eases rules on declaration of personal income tax
31 Jan 2025 11:40 GMT
… insurance for personal income tax purposes, Público newspaper has … obtained in companies registered offshore, and will therefore include … more complex for taxpayers and the AT tax authority.
It … the reporting obligation to offshore assets only”.
Source material …
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Budget | Struggling GIFT City hopes for tax tweaks, incentives to get rolling
31 Jan 2025 06:01 GMT
… banking units and clarity on taxation of insurance proceeds in … GIFT IFSC means being taxed on accrued income at … one uses the offshore funds, they are taxed upon income receipt … also proposes to extend tax holidays for offshore banking divisions, ship …
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Beyond The Buyout: Tax wish list for investors in India's Budget
31 Jan 2025 05:42 GMT
… urged the government to address tax ambiguities surrounding AIF operations, including … gains, tax treatment upon fund closure, and parity in taxation between foreign … in Taiwan’s Formosa 2 Offshore Wind Farm to a subsidiary …