Tag: taxes
Trump Wrote Off $100 Million In Business Losses
US President Donald Trump's tax affairs were back in the spotlight after leaked 2005 returns showed he wrote off more than $100 million in "business losses" to reduce his federal taxes burden.....
I-T Department Names Tax Defaulters Owing Rs 448.02 Crore
Tightening the noose on major tax defaulters, the Income Tax Department on Saturday made public the names of individuals and corporates who owe Rs 448.02 crore in taxes to the government.....
New Board For Indirect Taxes To Become Operational From June 1
The Central Board of Indirect Taxes and Customs (CBIC), which will replace the current CBEC, will become operational from June 1 in preparation for the Goods and Services Tax (GST) regime, an official source said. ....
Direct Tax Collections Up 18% In April-December
India's direct tax collection between April and December in the current fiscal at Rs 6.56 lakh crore was 18.2 per cent higher than for the corresponding period last year, according to an official announcement on Tuesday. ....
Trump Paid $145K In Taxes To India, Made $2.3m From Projects: Report
US President Donald Trump or his company paid $145,400 in taxes to India and received $2.3 million from projects there, according to The New York Times. ....
