Tag: budget
UK finance minister dampens down hopes of tax cuts as election looms
LONDON: British finance minister Jeremy Hunt on Sunday talked down the likelihood of tax cuts in this week’s budget, pledging “prudent and responsible” measures “for…
New Northern Ireland government calls for increased funding from London | World News
BELFAST: Northern Ireland’s new power-sharing executive called on the British government on Monday to boost its offer to ease the region’s strained budget beyond the…
Simplify these procedures for individual income tax payers in Interim Budget 2024: CII – Interim Budget 2024
The suggested categories of payments could be as follows:Salary: TDS rate at Normal slab ratesLotteries and horse race winnings: TDS rate at 30%All other payments:…
Extend last date to file revised ITR for foreign tax credit in Budget 2024: View
Tax laws require taxpayers to file income tax returns (ITR) declaring their accurate income to tax. If there is any error or omission in the…
TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?
Virtual Digital Assets (VDAs) such as crypto, Non-Fungible Tokens (NFT) are encrypted digital holdings on blockchain. Chainalysis’ ‘Global Crypto Adoption Index’ (2023) also suggests that…
Taxes: Swedish govt to pause inflation-linked hike in state taxes in budget
STOCKHOLM: Sweden’s government will pause an automatic hike in the threshold for paying state taxes this year, Finance Minister Elisabeth Svantesson told the Dagens Nyheter,…
Imf: Pakistan passes revised budget to get IMF lifeline
ISLAMABAD: Pakistan’s parliament Sunday approved the budget for the new fiscal year starting next month, a day after the government made several changes to meet…
Fuel suppliers fight shy of cash-starved Pakistan
ISLAMABAD: Pakistan has failed to buy LNG from international markets in its first attempt in around a year as suppliers have not responded to the…
budget: Finmin meets secretaries over budget capex
New Delhi: Secretaries and senior officials from across ministries met on June 17 to discuss ways to fast-track rollout of projects and to draw up…
IMF raises issues with Pakistan’s FY23-24 budget; calls it ‘missed opportunity’
ISLAMABAD: The IMF has raised several issues in Pakistan‘s budget for the fiscal year 2023-24, calling it a “missed opportunity” but expressed its readiness to…