Sanctions may force Russia to raise taxes: PM

Russia may be forced to raise taxes in next year`s budget to make up for the impact of Western sanctions imposed over Moscow`s Ukraine policy, Prime Minister Dmitry Medvedev said Tuesday.

Karnataka mulling bill to allow panchayats levy tax on services

Karnataka Government is planning to introduce a bill which will give powers to gram panchayats to levy taxes on services provided by commercial establishments, including airports, falling under their jurisdiction to rev up revenue collection.

WHO calls for raising tax on tobacco to check consumption

The World Health Organisation(WHO) has called for increasing tax on tobacco products to highlight health risks associated with its use.

Taxes on cigarettes linked to lower alcohol consumption

Increase in cigarette taxes has been linked with modest to moderate reductions in alcohol consumption among vulnerable groups, a new research has found.

Haryana puts property tax on hold, for now

The Haryana government has decided not to recover property tax till the time a committee constituted to rationalise the tax submits its report, the CM said.

Cyberattack deprives millions of Dutch of online ID

More than 10 million Dutch citizens were unable to use their official online signature to pay bills and taxes because of a cyberattack, officials said Wednesday.

Bihar clocks 29% hike in commercial tax collection: Modi

In another first in the country, tax collection in Bihar in the 2012-13 fiscal jumped to 29 percent, Deputy Chief Minister Sushil Kumar Modi said.

Newtown shooting victim’s mom makes emotional plea for gun control

US President Barack Obama handed over his weekly radio address to a mother of a Newtown massacre victim as debate raged over proposed gun control legislation.

Budget 2013: India hikes military spending 14 percent

India hiked its military spending to Rs 203,672 crore (Rs 2.03 trillion/USD 37 billion), an increase of five percent over the Rs 193,407 crore outlay for 2012-13.

Barack Obama clears $633 bn defence spending

US President Barack Obama has signed into law a whopping USD 633 billion defence bill that authorises spending on the war in Afghanistan.

Revise formula for devolution of Central funds to states: Badal

To ensure overall development of the country, the Centre should "impartially" disburse the taxes collected from states, Punjab CM said.

No to Obama request for 5 years of taxes: Romney

Romney refused to release several years of tax returns and has said his critics would distort the tax information and use it against him.

China to curb smoking with increased taxes

The Chinese government is planning to raise taxes on mid and low-end cigarettes in a bid to reduce smokers in the country.

‘Difficult to recover taxes from Hasan Ali’

The Income Tax Department on Thursday
expressed difficulty in recovering Rs 74,000 crore tax claims
from Pune-based stud-farm owner Hasan Ali Khan, saying he does
not have enough assets.

I pay 40 pc of my Indian earnings as taxes: Veena Malik

Pakistani actress Veena Malik, who climbed the popularity and controversy charts alike with Indian reality show `Bigg Boss`, says singer Rahat Fateh Ali Khan should follow Indian laws and pay taxes, adding that she pays 40 percent of her Indian earnings as taxes.

Hasan Ali, 2 others owe govt Rs 75,000 crore in taxes: CAG

The Comptroller and Auditor
General of India on Friday said Pune-based stud farm owner
Hasan Ali Khan, along with two others, owes the government
about Rs 75,000 crore in taxes.

Taxes in Jharkhand less compared to other states: Dy CM

Deputy Chief Minister Hemant Soren
on Wednesday said taxes in Jharkhand were very less in comparison to
other states, yet the state government would do whatever
necessary to address the problems of the poor.

Martin Scorsese owes $3 million in taxes

Hollywood director Martin Scorsese is facing financial trouble.

JLo and husband owe 3.4 million in tax

Jennifer Lopez and Marc Anthony have reportedly been hit with a tax lien.

Palestinian faction warns of `explosion` over Hamas taxes

A leftist Palestinian faction
warned on Tuesday of an "explosion" if the Islamist Hamas movement
continues collecting a raft of new taxes in its impoverished
Gaza enclave.