Tax

`BCCI paid Rs 250 crore tax for last financial year`

The Board of Control for Cricket in India has paid taxes to the tune of Rs 250 crore for the last financial year.

Chinese artist Ai Weiwei appeals tax bill, fines

Ai Weiwei`s design firm challenged the $1.85 million tax bill delivered by authorities.

Beijing seeks two million dollars from Ai Weiwei

Chinese authorities sometimes try to silence critics
by accusing them of tax violations.

Wrong Account No. reason for Dhoni`s cheque bounce

Indian cricket captain Mahendra Singh Dhoni`s cheque of Rs 645 to pay house tax was returned by a nationalised bank due to wrong account number.

NATO tankers paying no tax in Pakistan: Senate Committee

Pakistan’s Senate Committee on Ports and Shipping has revealed that NATO tankers in the country are only paying 450 rupees as handling charges at Port Qasim.

Pawar shouldn`t have attended cabinet meet on tax sop to ICC: BJP

BJP on Friday said ICC chief and
Union Minister Sharad Pawar should not have participated in
the union cabinet meeting which approved income tax exemption
to the cricketing body for the World Cup matches.

Delhi Govt estimates to collect Rs 20 crore from tax revenue

The city Government estimates
to collect a total of Rs 20,246 crore from tax revenue in the
financial year 2011-12, which is an increase of around 30 percent over the current fiscal.

Bachchan parivaar files Rs 37.55 cr as annual tax return

This year, the Bachchan family is one of the highest tax paying family of the entertainment industry.

No interim tax relief for Zubin Mehta concert

Bombay HC refused to grant interim relief in the form of tax exemption to the Mehli Mehta Music Foundation, which is organising a concert by world-renowned musician Zubin Mehta in the city.

I-T moves HC against tax reliefs sought by SRK

The Income-Tax department has filed an appeal in Bombay High Court against an order of its tribunal allowing Bollywood actor Shah Rukh Khan to seek tax reliefs for using his membership at a club in suburban Bandra and his BMV Range Rover car for professional reasons.

Australia plans new tax, cuts to pay for floods

The govt proposed a new
tax to partially recoup more than USD 5 billion it
expects to spend on rebuilding after widespread flooding that
could prove to be Australia`s costliest natural disaster.

HC directs govt to accept tax on prospective basis from Megha

Kerala High court directed the
state government to accept the tax from Megha Distributors.

Afghan government taxes US aid: Report

A newspaper reports that taxation of US govt assistance is barred by US law.

Govt expects over Rs 300 crore in taxes from IPL-4

Government is expected to collect more than Rs 300 crore in taxes from the fourth edition of the Indian Premier League.

No tax worse than inflation: Chidambaram

Concerned over high inflation,
Union Home Minister P Chidamabaram on Wednesday expressed doubt on
whether the government had all instruments to check price
rise.

IT Dept seeks Rs 1.5 crore in tax from suspended IAS officer

IT Department sources said that as per the assessment
order passed against Rajora last week, he will also have to
give explanation about `undisclosed and unexplained` income of
Rs 5.21 crore.

SC ticks off Rajasthan for collecting taxes from destitute

Supreme Court ticked off Rajasthan government for collecting Rs five to Rs 10 from homeless persons for using night shelter facilities during the winter.

DMRC releases Rs 37L as first instalment of tax dues

The Municipal Corporation of Delhi
today said that the DMRC had released Rs 37 lakh as first
instalment of property tax dues to be paid by it to the civic
body.

India, Norway sign social security pact

India and Norway today signed
a social security pact that will relieve their workers from
double taxation and provide for cooperation in areas of labour
market expansion and orderly migration.

Row over service tax on employer money in ESIC

The finance and labour
ministries have locked horns over imposition of service tax on
insurance premium paid to state-run ESIC by employers for the
health insurance cover of their employees.