tax

New Delhi: The Delhi government has exempted road tax on its battery-operated vehicles under its new Electric Vehicle Policy, Delhi Transport minister Kailash Gahlot said on Sunday. The Transport department, in it notification issued on Saturday, stated that the Lieutenant Governor of the National Capital Territory of Delhi exempted the tax levied upon all battery
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Mumbai: Many Indian companies with foreign subsidiaries whose directors or senior executives are stranded in India due to the pandemic are now worried that they may have domestic tax implications under the place of effective management (PoEM) rule. Under the PoEM regulations, overseas subsidiaries could be treated as domestic entities for tax purposes if they
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Democratic U.S. presidential nominee and former Vice President Joe Biden delivers remarks regarding the Supreme Court at the National Constitution Center in Philadelphia, Pennsylvania, U.S., September 20, 2020. Mark Makela | Reuters Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic
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With America’s large wealth gap and the United States government’s need for revenue, new taxes need to be implemented to raise more money from the rich — and the way to do that is with a wealth tax, economists Joseph E. Stiglitz and Thomas Piketty said Thursday. “Where we are today in the 21st century,
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