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The Latest Breaking News from Income Tax

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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"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:

Dynamite News

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.

Al Jazeera

‘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.

Newslaundry

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

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

Fortune

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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…

Newslaundry

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.

Daily Record

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:

Dynamite News

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.

The National (Scotland)

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.

Tribune News Service

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:

Dynamite News

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

The Independent UK

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Reuters

India tax officers search BBC offices weeks after critical Modi documentary

Indian tax officers searched the BBC's bureaus in New Delhi and Mumbai on Tuesday, the British broadcaster said, weeks after the government banned as propaganda a BBC documentary critical of Prime Minister Narendra Modi's role in riots in 2002.

Newslaundry

Income tax search at BBC’s Delhi, Mumbai offices

The income tax department is carrying out a survey at the BBC’s offices in Delhi and Mumbai, Newslaundry has learnt. This comes amid a controversy over the BBC documentary on Prime Minister Narendra Modi.

Fortune

How much America's richest people would pay under a billionaire tax is pretty complicated

Elon Musk and Bill Gates could owe billions under the Billionaire Minimum Income Tax. But how that tax would play out depends on several factors.

Bangkok Post

Department to scrutinise tax filings

The Revenue Department plans to step up its examination of suspicious personal income tax returns, says director-general Lavaron Sangsnit.

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Chicago Sun-Times

Illinois must move forward and dig out of its pension problem

A new report from a civic group offers a plan that includes a 10-year income tax surcharge to shore up underfunded pensions. State legislators should take action.

WEKU

KY General Assembly gives final approval to income tax reduction

The Kentucky Senate has voted 30 to five to lower the state’s income tax rate from 4.5% to 4%, starting next year. Senate Budget Committee Chair Chris McDaniel said tax policy is a key lever for economic development in Kentucky.

Wales Online

How much Plaid's plan to raise income tax in Wales would cost you

'The entire health and care system now is buckling, and unless we do something radical, it is going to collapse.'

Chicago Sun-Times

Income tax ‘surcharge,’ other measures needed to pay down pensions, business group says

The report by the Civic Committee of the Commercial Club of Chicago is a new message from a group that opposed Gov. J.B. Pritzker on the graduated income tax in 2020.

Evening Standard

Liz Truss admits plan to scrap 45p top income tax rate was ‘bridge too far’

The former prime minister continued to defend her failed bid to boost growth in her first interview since stepping down

The Independent UK

Truss admits plan to scrap 45p top income tax rate was ‘bridge too far’

The former prime minister continued to defend her failed bid to boost growth in her first interview since stepping down.

The Independent UK

US states take control of abortion debate with funding focus

The U.S. abortion debate is shifting to funding as states take control of policymaking

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