The UAE approved amendments to corporate tax, VAT, and company laws, clarifying tax credits, easing VAT rules, and updating corporate structures/Representative Image The UAE has introduced a set of significant legislative changes covering corporate tax, value added tax (VAT), and the Commercial Companies Law. These amendments aim to make business operations simpler, reduce regulatory ambiguities, […]
A powerful US House committee and the treasury department have opened parallel investigations into allegations that more than $1 billion was siphoned from Minnesota’s pandemic-era food aid and other state programs – with some of the money allegedly ending up with Al-Shabaab.House oversight committee chairman James Comer told The New York Post that his panel […]
GENEVA: Switzerland votes Sunday on whether to replace the current men-only military conscription with a compulsory civic duty for men and women alike and on taxing the super-rich to fund the climate fight.Neither initiative is expected to pass, according to recent polls, but they have generated significant discussion in the wealthy Alpine nation. Under Switzerland’s […]
Saudi Arabia adopts volumetric tax for sweetened beverages / AI Generated Image Saudi Arabia is set to fundamentally change how it taxes sweet beverages, marking a pivotal step in its public health and economic strategy. Starting January 1, 2026, the Kingdom will replace its current flat-rate tax with a sophisticated tiered volumetric system. Saudi Arabia […]
Lakshmi Mittal is believed to have left UK over higher taxes, a report claimed. Indian-origin steel industry tycoon Lakshmi Mittal has left the UK and now lives in Switzerland, the Sunday Times reported, blaming the inheritance tax of the Labor government for a mass exodus of the richest. Chancellor Rachel Reeves who is expected to […]
Was WhistlinDiesel arrested? YouTuber’s reported arrest sparks big buzz after tax details leak online (Image Via Getty) Cody Shane Detwiler, known everywhere as Cody “WhistlinDiesel,” became the focus of a huge online buzz on November 13, 2025. The automotive YouTuber was reportedly arrested for tax evasion in Williamson County, Tennessee. This news first came from […]
UAE replaces flat sugar drink tax with tiered, sugar-content model from Jan 1, 2026 — expect price shifts and healthier incentives. /Illustrative image generated using AI Starting January 1, 2026, the UAE is changing how it taxes soft drinks: instead of a single 50% levy, drinks will be taxed according to how much sugar they […]
Udaipur, September 26 (Udaipur Kiran News): The Income Tax Department today successfully conducted an outreach programme on “Procedures for Registration and Approval under Sections 12AB and 80G of the Income Tax Act” at Guru Nanak Public School Sabha. The session saw participation from over 100 stakeholders, including chartered accountants, tax professionals, trustees of charitable organisations, […]
Singer and television host Aditya Narayan recently opened up about his early career in the entertainment industry, revealing that he started paying income tax at the age of seven and earned Rs. 3.5 lakh for his role in the film Jab Pyaar Kisise Hota Hai, which starred Salman Khan. Aditya began his journey in showbiz […]
HIRE Act proposes 25% tax on companies for hiring foreign workers. Amid MAGA talks of taxing companies for hiring foreign workers or banning them from hiring Indians, senator Bernie Moreno (R-Ohio) has introduced the HIRE Act (Halting International Relocation of Employment), vowing protection of American workers from jobs getting outsourced by US companies. The Act, […]
