tax - Latest News on tax | Read Breaking News on Zee News
Rihanna settles legal battle with former accountants

Rihanna settles legal battle with former accountants

Last Updated: Saturday, April 19, 2014, 06:38

The "Umbrella" hitmaker had filed a lawsuit against New York firm Berdon Llp in 2012, claiming she suffered big losses after they mismanaged her finances, failed to sort out her taxes and charged an above-average commission fee.

Armani settles Italy tax row with 270m euros: Report

Last Updated: Saturday, April 19, 2014, 02:32

Giorgio Armani settled a tax dispute in Italy by paying 270 million euros ($373 million) this week, Italian business daily Il Sole 24 Ore reported on Friday.

Italy Cabinet moves to trim perks, help low earners

Last Updated: Saturday, April 19, 2014, 02:30

Italian Prime Minister Matteo Renzi on Friday hailed a "structural revolution" after his cabinet approved a round of tax and spending cuts including a limit of five chauffeured cars per government ministry.

Will implement GST if we come to power: Modi

Last Updated: Friday, April 18, 2014, 20:02

Modi said efforts should be made to ensure that states do not suffer revenue loss after implementation of GST.

Karuna flays Jaya for seeking adjournments in Income Tax case

Last Updated: Friday, April 18, 2014, 02:06

DMK president M Karunanidhi today lambasted Chief Minister J Jayalalithaa for seeking adjournments on an Income Tax returns case and said justice would eventually prevail.

Rs 10.85 crores unaccounted-for cash seized in poll season in Mumbai

Last Updated: Thursday, April 17, 2014, 23:10

The Income Tax Department on Thursday took possession of unaccounted cash of Rs 10 lakh belonging to IY Construction, taking the total amount seized by the tax authorities in the metropolis since the Model Code of Conduct for elections came into force to Rs 10.85 crore.

Starbucks says 'will pay more tax' in UK after Europe HQ shift

Last Updated: Thursday, April 17, 2014, 04:33

Starbucks said on Wednesday it was re-locating its European headquarters from the Netherlands to Britain a year after the US coffee giant was heavily criticised by British lawmakers for tax avoidance.

Remittance 'super tax' costs Africa $1.8 billion a year: Report

Last Updated: Wednesday, April 16, 2014, 09:45

Africans are losing USD 1.8 billion (1.3 billion euros) a year due to high fees levied on funds sent from abroad by relatives, Britain`s leading think tank on development said Wednesday.

Credit Suisse subpoened in tax-evasion probe: Source

Last Updated: Wednesday, April 16, 2014, 04:49

A New York regulator probing Credit Suisse`s role in enabling tax evasion has demanded a trove of additional documents from the bank, a person familiar with the situation said Tuesday.

IT helpline on movement of large cash fails to make impact

Last Updated: Tuesday, April 15, 2014, 22:18

The control room set up by Income Tax Department to enable citizens to report suspicious transactions or movement of large sums of money has evoked lukewarm response, and in one particular instance the facility was used out of personal enmity.

CBDT ask officials to ensure M&As do not defraud revenue

Last Updated: Sunday, April 13, 2014, 12:26

As per the procedure, M&As are required to be vetted by the high court concerned.

Jayalalithaa gets two weeks reprieve in I-T case

Last Updated: Thursday, April 10, 2014, 22:51

Tamil Nadu Chief Minister J Jayalalithaa got two weeks reprieve in the Income Tax cases against her as a local court adjourned the hearing till April 28 while ordering her to be present in person then.