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The Latest Breaking News from Income Tax

Government suspends Centre for Policy Research’s FCRA licence

The central government has suspended the Foreign Contribution Regulation Act licence of the Centre for Policy Research, Economic Times reported today. CPR is a non-profit think tank which examines and researches government policies

Newslaundry

Bigger public sector pay rises unaffordable, chancellor says

Jeremy Hunt says he will not improve pay offer despite surprise budget surplus

The Guardian - UK

MSPs urged to back Budget putting 'limited resources where most needed'

THE Deputy First Minister has urged MSPs to approve tax and spending plans for the coming year which will see the “limited resources” of the…

The National (Scotland)

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Swinney: Scottish budget uses ‘limited resources’ where they are needed most

The Deputy First Minister spoke out on the ‘progressive choices’ made in the Scottish Government’s budget for 2023-24.

The Independent UK

Alan Kohler: RBA defence of interest-rate mallet highlights the truth about inequality

The first thing is that inequality is worsened by the responses to both low inflation and high inflation; it’s a lose/lose.

The New Daily

TV Newsance 202: How news anchors justified Income Tax ‘survey’ on BBC

Is the BBC funded by China? Is the BBC losing its credibility in the UK?

Newslaundry

Indian journalists say BBC raid part of drive to intimidate media

Media staff targeted for criticising BJP government fear tax raid is escalation of coercion

The Guardian - UK

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Income Tax Department: BBC did not pay tax on certain remittances

Its findings "indicate that tax has not been paid on certain remittances which have not been disclosed as income in India by the foreign entities of the group", the tax department claimed. Read further on Dynamite News:

Dynamite News

BBC survey: Tax dept claims ‘irregularities in payments’, points to ‘crucial evidence’

A day after it concluded its three-day survey on the BBC’s premises in Delhi and Mumbai, the income tax department on Friday claimed to have “unearthed crucial evidences” and “irregularities” in “certain tax payments”.

Newslaundry

"Propaganda Video, Shoddy Journalism, Should Never Have Been Telecast..." UK MP Blackman Slams BBC Documentary On PM Modi

Terming BBC documentary on Prime Minister Narendra Modi as "propaganda video" and a "disgraceful piece of shoddy journalism," British MP Bob Blackman has said that it should never have been released and that it didn't look at the "all-important fact" that India's Supreme Court investigated the claims against Narendra Modi…

Dynamite News

Tax survey ends on Day 3, BBC says will continue to report without fear

Income tax officials have ended their survey at the BBC offices in Delhi and Mumbai, according to the British broadcaster. The offices were searched over three days with the government suggesting that the move was linked to an alleged violation of transfer pricing rules and diversion of profits.

Newslaundry

Indian tax officials end 'stressful' 3-day BBC inspection

Indian tax officials on Thursday left the BBC's offices in New Delhi and Mumbai, after a three-day inspection that involved the cloning of data from some digital devices, the tax department said.

Reuters

‘Tea breaks, keyword searches’: Inside the BBC ‘survey’ as it enters Day 3

The income tax “survey” at BBC’s Delhi and Mumbai offices entered the third day on Thursday. A team of two dozen tax officials are probing alleged transfer pricing violations and diversion of profits.

Newslaundry

Warning nearly half a million Brits could be forced to pay more tax in retirement

Nearly 13million people will receive the uplift to the state pension in April this year which will help some of the most vulnerable with the rising cost of living, however, some may end up having to pay more tax

Daily Mirror

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Dynamite News

"Destroying Freedom Of The Press..." Tamil Nadu CM Stalin Slams Centre After I-T Survey At BBC Offices

Tamil Nadu Chief Minister MK Stalin slammed the Income Tax department's 'survey' of the offices of the BBC alleging that the central government was destroying Indian Democracy and Freedom of the Press. Read further on Dynamite News:

Al Jazeera

India tax officials search BBC offices for a second straight day

Raids came weeks after government banned as propaganda a BBC documentary critical of Modi’s role in 2002 Gujarat riots.

Newslaundry

‘Why didn’t you open the door?’: Inside the tax survey on BBC offices

The knock on the door came at noon on Tuesday. Two dozen officials from the Income Tax department landed at the entrance of the BBC office – on the sixth floor of the 17-storey Hindustan Times House in central Delhi. The door was opened after the staff’s initial hesitation.

Fortune

More than half of states are considering personal income tax cuts this year

"States’ rainy day funds have never been better stocked."

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Newslaundry

Holi, Thatcher and ‘insult to Gandhi’: Gaurav Bhatia’s tirade against the BBC

As a war of words ensued between the BJP and opposition over the income tax raids on BBC, allegations flew thick and fast. The Congress accused the Narendra Modi government of going after the BBC when the opposition was demanding a JPC probe into the Adani row, while the BJP…

Daily Record

State Pension increase from April could mean half a million more people in retirement will pay tax

Older people on the Full New State Pension will receive £10,600.20 in the 2023/24 financial year.

Dynamite News

BJP And Congress Vis-a-Vis Over Income Tax 'Survey' At BBC Offices

The Income Tax Department on Tuesday conducted a survey operation at the BBC offices in Delhi and Mumbai as part of a tax evasion investigation. Read further on Dynamite News:

The National (Scotland)

BBC offices in New Delhi and Mumbai raided by Indian tax authorities

INDIA’s income tax department is conducting raids at the BBC’s offices in Delhi and Mumbai, according to multiple reports.

Tribune News Service

Is Texas a tax haven? Not for businesses that pay higher taxes than in other states

Texas takes pride in being a low-tax haven, thanks largely to being among the states that don’t have an individual income tax.

Dynamite News

Income Tax Officials Conduct ‘Surveys’ At BBC Offices In Delhi And Mumbai

Income Tax teams are conducting ‘surveys’ at the BBC offices in Delhi and Mumbai over allegations of international taxation and transfer pricing irregularities . Read Further on Dynamite News:

The Independent UK

India tax officials search BBC offices weeks after Modi doc

Officials from India’s Income Tax department began conducting searches at the BBC’s offices in the capital, New Delhi, weeks after the British broadcaster released a controversial documentary that examined Prime Minister Narendra Modi’s role during 2002 anti-Muslim riots

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