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Sen. Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity...
SoftBank Group Corp unveiled a $23 billion quarterly net loss on Monday, its biggest ever, as a market sell-off upended tech stocks and shredded valuations at its sprawling Vision Fund...
Inayat-ur-Rahman, Business Editor The UAE is introducing a competitive corporate tax regime (CT regime) effective for year end starting on or after June 1, 2023. The CT regime is...
Goods and Services Tax (GST) collection in India in July stood at Rs1,48,995 crore, second highest since introduction of GST. The collection for July is 28 per cent higher than...
Standard Chartered’s first-half pre-tax profit rose 19 per cent and beat market expectations, as the emerging markets-focused lender benefitted from rising interest rates and issued an upbeat post-COVID outlook, pushing...
India has imposed windfall tax on oil producers and refiners who have boosted product exports to gain from higher overseas margins as the government seeks to increase local supply of...
Gulf Today, Staff Reporter The Dubai Police have arrested Sanjay Shah, a suspect in a DKK 12 billion ($1.7 billion) dividend-tax fraud case in Denmark, with the aim of...
British Chancellor of Exchequer Rishi Sunak has announced a 15 billion-pound relief package for stressed households grappling with a cost-of-living crisis because of higher energy bills, and a windfall tax...
Sunny Hundal, The Independent The chancellor Rishi Sunak is today expected to announce that he will bow to pressure, mostly from the Labour party, and offer households an energy...
India’s Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and diesel to fight inflation and keep prices of essential items in check. The excise duty...