tax rates

Rich French feud over 75% Tax

September 12th, 2012 - 8:35 pm ICT by Aishwarya Bhatt
Paris, Sept 12 (THAINDIAN News) A disagreement broke out between Bernard Arnault the executive officer of fashion giant and Edouard de Rothschild. The reason for the feud is because the former wants ... Read more...

Posted in Business |

GST issue will be resolved soon: Chidambaram

July 13th, 2012 - 5:51 pm ICT by IANS
Chandigarh, July 13 (IANS) The government will soon resolve the issues hindering the implementation of goods and services tax (GST) that aims to bring uniformity in indirect taxes across ... Read more...

Posted in Business |

Obama seeks more action to rebuild US economy

July 8th, 2012 - 9:33 am ICT by IANS
Washington, July 8 (IANS) Stating that the country needs to do more than just reclaim the jobs lost during the recession, President Barack Obama has called for more action ... Read more...

Posted in Politics |

Obama urges Congress to pass ‘Buffett Rule’ for higher tax on rich

March 31st, 2012 - 11:49 pm ICT by IANS
Washington, March 31 (IANS) US President Barack Obama urged Congress Saturday to pass the "Buffett Rule" tax plan, which is designed to increase the tax rate on the wealthiest ... Read more...

Posted in Politics |

Shashi Tharoor arrives in Lahore

January 3rd, 2012 - 3:17 pm ICT by IANS
Islamabad, Jan 3 (IANS) Indian parliamentarian Shashi Tharoor has arrived in Lahore with his wife Sunanda Pushkar on a personal visit, a media report said Tuesday.Sunanda Pushkar, who is ... Read more...

Posted in South Asia |

New York to raise taxes on the wealthy

December 7th, 2011 - 12:40 pm ICT by IANS
New York, Dec 7 (IANS) The state of New York will create multiple tax brackets for its citizens and slap higher taxes on the wealthiest residents in response to the ... Read more...

Posted in Business |

Study suggest that Millionaires more likely to have gone to state school

October 12th, 2011 - 12:16 am ICT by Aishwarya Bhatt
London, Oct 11 (THAINDIAN NEWS) British self-made millionaires more likely went to a state school than a private school, a new study claims. The research also found that for those who went ... Read more...

Posted in Business |

Gujarat pilgrim town rest houses allowed to function

April 14th, 2011 - 12:05 am ICT by IANS
Gandhinagar, April 13 (IANS) Dharamshalas or rest houses run by charitable trusts in the Jain pilgrimage town of Palitana can function after paying taxes applicable to commercially run guest houses, ... Read more...

Posted in Uncategorized |

Post-budget, NRIs have to spend more in India (Comment)

March 6th, 2011 - 1:54 pm ICT by IANS
Non-residents Indians (NRIs) will have to spend a little more on their visits to India after the latest budget. As the air travel tax has gone up, NRIs now pay more ... Read more...

Posted in Business |

CII welcomes inclusive growth oriented Budget 2011-12

February 28th, 2011 - 7:14 pm ICT by ANI
New Delhi, Feb.28 (ANI): The Confederation of Indian Industry (CII) on Monday welcomed the budget proposals for 2011-12 presented in Parliament by Union Finance Minister Pranab Mukherjee.The CII said that it ... Read more...

Posted in Business |

MCD proposes five percent hike in house tax

December 8th, 2010 - 6:32 pm ICT by IANS
New Delhi, Dec 8 (IANS) Unveiling the budget for the next fiscal, Municipal Corporation of Delhi (MCD) Commissioner K.S. Mehra Wednesday proposed a five percent increase in house tax in all categories.The ... Read more...

Posted in Business |

Four states cut tax on petro products

November 18th, 2010 - 9:42 pm ICT by IANS
New Delhi, Nov 18 (IANS) Only four states have reduced the rate of tax on petroleum, Minister of State for Petroleum and Natural Gas Jitin Prasada said Thursday.This is despite the petroleum ... Read more...

Posted in Business |

John Boehner expects “whale of a fight” with Obama, his Democratic allies over taxes

November 5th, 2010 - 5:51 pm ICT by ANI
Washington, Nov 5 (ANI): John Boehner, who as House Republican leader is in line to take over as speaker next year, has said that he expects a "whale of a fight" with ... Read more...

Posted in World |

DTC will ensure greater tax compliance: Mitra

September 29th, 2010 - 7:42 pm ICT by IANS
New Delhi, Sep 29 (IANS) The direct tax code (DTC) may result in Rs.55,000 crore revenue loss in the first year of implementation, but tax collection will increase in the subsequent years ... Read more...

Posted in Business |

Don’t expect any major change in tax rates in budget

September 28th, 2010 - 4:09 pm ICT by IANS
New Delhi, Sep 28 (IANS) Any major change either in direct or indirect tax rates is unlikely in the annual budgets in the coming years as the government is seeking to bring ... Read more...

Posted in Business |

Durham and Huntsville Among Best Places To Retire In 2010

September 15th, 2010 - 8:07 pm ICT by GD
By Meena Kar Sep 15, (THAINDIAN NEWS) Every working man dreams of a retirement that has not only the highest luxury but also the best health and recreation facilities. In a recent ranking ... Read more...

Posted in Life Style |

Cabinet clears Direct Tax Code Bill

August 26th, 2010 - 9:41 pm ICT by ANI
New Delhi, Aug 26 (ANI): The Union Cabinet on Thursday cleared the Direct Tax Code Bill, clearing decks for tabling the legislation in the Monsoon Session of Parliament so that the new ... Read more...

Posted in Business |

Sushma attacks government in Lok Sabha on price rise (Lead)

August 3rd, 2010 - 3:49 pm ICT by IANS
New Delhi, Aug 3 (IANS) Leader of Opposition in the Lok Sabha Sushma Swaraj Tuesday launched a scathing attack on the government over the price rise and fuel hike issues, accusing ... Read more...

Posted in Politics |

Video Footage Of “Forced Shopping” In Hong Kong Angers China

July 20th, 2010 - 7:23 pm ICT by GD
By Ranjan Bhaduri Hong Kong, July 20, (THAINDIAN NEWS) The supermarkets in Hong Kong attract a lot of foreign tourists all over the year and most of them are Chinese descendants. The Chinese ... Read more...

Posted in World News |

Buying luxury cars, bikes becomes costlier in Delhi

June 9th, 2010 - 9:02 pm ICT by IANS
New Delhi, June 9 (IANS) Buying a luxury car or a high-end motorcycle has become costlier in the capital following the Delhi government's notification Wednesday for new road tax for vehicles, an ... Read more...

Posted in Business |

Buying luxury cars, bikes to be costlier in Delhi

June 8th, 2010 - 10:58 pm ICT by IANS
New Delhi, June 8 (IANS) Buying a luxury car or a high-end motorcycle will be costlier in the capital from Wednesday with Lieutenant Governor Tejendra Khanna giving assent to hiked road taxes ... Read more...

Posted in Business |

Vietnam sues US over anti-dumping tax

April 23rd, 2010 - 5:01 am ICT by IANS
Hanoi, April 23 (IANS) Vietnam has filed a lawsuit with the World Trade Organisation (WTO) over anti-dumping tax imposed by the US on its frozen shrimp, Xinhua reported Thursday. Vietnamese foreign ministry ... Read more...

Posted in Business |

Rooney, Lampard among 100 others in 100-mn pounds tax bill probe

February 22nd, 2010 - 1:56 pm ICT by ANI
London, Feb 22 (ANI): Ace Premier League stars like Wayne Rooney and Frank Lampard are among around 100 players facing a 100 million pounds tax bill in a probe into their image ... Read more...

Posted in Sports |

Oregon Election Results Are Out

January 27th, 2010 - 8:46 pm ICT by GD
By Gina Gomez Jan 27, (THAINDIAN NEWS) There is reason enough for all the Measure 66 and 67 supporters to celebrate after the election results came out. Measure 66 and 67 secured 11 ... Read more...

Posted in Politics |

New direct tax regime from 2011: Mukherjee

October 9th, 2009 - 4:17 pm ICT by IANS
New Delhi, Oct 9 (IANS) Finance Minister Pranab Mukherjee Friday said a new direct tax regime with rationalised rates and simplified procedures will take effect 2011, even as the government was ... Read more...

Posted in Business |

Time not right to raise taxes, says finance secretary

July 6th, 2009 - 6:59 pm ICT by IANS
New Delhi, July 6 (IANS) Tax rates were not raised in the 2009-10 budget proposals as economic conditions remained difficult while tax relief for individuals would help boost consumption, Finance Secretary ... Read more...

Posted in Business |

Recovery dependent on global turnaround: Mukherjee

July 6th, 2009 - 4:23 pm ICT by IANS
New Delhi, July 6 (IANS) Finance Minister Pranab Mukherjee Monday said recovery of Indian economy in the current fiscal would be difficult unless there were "visible improvements" in the global economic ... Read more...

Posted in Business |

Revise specific duties on textiles: Economic Survey

July 2nd, 2009 - 6:09 pm ICT by IANS
New Delhi, July 2 (IANS) India's Economic Survey for 2008-09, tabled in parliament Thursday, called for revising specific custom duties on the textiles sector to ensure that they match ad valorem tax ... Read more...

Posted in Business |

Figures on black money abroad are bogus: PM

April 11th, 2009 - 12:20 am ICT by IANS
New Delhi, April 10 (IANS) Prime Minister Manmohan Singh Friday described as "bogus" the figures Bharatiya Janata Party (BJP) leader L.K. Advani has furnished of black money Indians have allegedly stashed ... Read more...

Posted in Business |

Hallyday Will Not Go Back To France

March 4th, 2009 - 12:08 am ICT by GD
Yesteryears' French rock star Johnny Hallyday has said he will not leave Switzerland even if the country abolishes attractive tax breaks for the super-rich.Hallyday said, "I don't mind paying taxes, but ... Read more...

Posted in Entertainment |

Government mandate only for interim budget: Ahluwalia

February 16th, 2009 - 8:52 pm ICT by IANS
New Delhi, Feb 16 (IANS) Reacting to criticisms over lack of measures in the interim budget presented Monday, Planning Commission Deputy Chairman Montek Singh Ahluwalia said in an election year, an incumbent ... Read more...

Posted in Uncategorized |

No rollback of budget proposals: Chidambaram

March 4th, 2008 - 10:01 pm ICT by admin
New Delhi, March 4 (IANS) Finance Minister P. Chidambaram Tuesday said there was no question of any reversal of his budget proposals, even as he promised to look at areas where there ... Read more...

Posted in Business |

Small time entrepreneurs expect a favourable budget

February 19th, 2008 - 6:40 pm ICT by admin
Chandigarh, Feb 19 (ANI): Small time entrepreneurs here are doing their best to draw Union Finance Minister P. Chidambaram's attention towards their problems. Even as these small-scale industries are the largest employers in ... Read more...

Posted in Business |