Taxes

BBMP in Bengaluru offers a 50% discount on property tax arrears for those who have paid half and appealed. A drive targets businesses with overdue taxes, sparking protests. Approximately 30% of property owners evade taxes. BBMP advises paying 50% and appealing for potential government refunds. They're also preparing a report on improving Bengaluru's brand image.

Corporate tax, also known as corporation tax or company tax, is a direct tax imposed on the income or capital of corporations and similar legal entities. Know the benefits of corporate tax in Budget 2024.

Renting offers flexibility, lower upfront costs, and maintenance included. It provides access to amenities, avoids market fluctuations, exempts renters from property taxes, and offers better location affordability. Let's look at why renting is better than buying.
 

Farmers in the Paris region are planning a "siege" on the French capital, demanding better pay, tax reforms, and regulatory changes. This is despite Prime Minister Gabriel Attal announcing measures to address farmers' concerns

The investigations revealed that the company had evaded taxes amounting to Rs 126.54 crore by concealing a turnover of Rs 703 crore. The directors were subsequently summoned as part of the ongoing inquiry.

As per a Wall Street Journal report, Apple, along with its suppliers, intends to manufacture over 50 million iPhones annually in India over the next two to three years, solidifying the country's role as a pivotal production center for the world's most valuable company.

Infosys co-founder NR Narayana Murthy's recent statement advocating against free services and subsidies has sparked a range of reactions from netizens. Murthy suggested that individuals benefiting from government services and subsidies should contribute back to society for its betterment.

Nagaland Lottery Sambad Result 24-11-2023 Friday Live: Stay updated with the latest Nagaland State Lottery results for the 1 pm, 6 pm, and 8 pm draws on November 24, 2023. The draws, including 'DEAR MEGHNA MORNING', 'DEAR MOUNTAIN EVENING', and 'DEAR SEAGULL NIGHT', offer a first prize of Rs 1 crore each

Shakira had spent time in Spain between 2012 and 2014 despite her official address being in the Bahamas. She allegedly failed to pay €14.5 million ($15.8 million) in taxes. 

BBMP proposes a revolutionary garbage management rule in Bengaluru, advocating for a structured billing system. Residents would receive a monthly garbage bill based on waste generation, tied to house and property taxes. This measure aims to boost responsibility and fund city cleanliness. Pending Karnataka government approval, BBMP emphasizes the plan's significance for effective garbage disposal.

India is reportedly contemplating tax reductions on fully-assembled electric vehicle imports for up to five years, with the aim of attracting companies like Tesla Inc. to sell and potentially manufacture their cars within the country.

A Titanic first-class menu, sold at auction for Rs 84.5 lakhs, offers a glimpse into the ill-fated voyage's dining choices. Meanwhile, Colombia implements a pioneering 'Junk Food Law,' introducing heavy taxes on high-fat content foods to address health issues. This innovative move aims to regulate salt and fat intake, potentially serving as a global model for health-focused laws.

The GST Council discussed the retrospective charges placed on these companies. Due to the independent nature of the Directorate General of GST Intelligence (DGGI), the council noted that there could be no interference in their actions.

The CAG report was tabled in the Kerala Assembly and slammed the government for its failure to impose and collect taxes.

Petrol, Diesel Rates on August 26, 2023: Oil marketing companies have just released the updated rates for petrol and diesel. The final price of petrol and diesel includes several components, such as transportation costs, taxes, and dealer commissions. These charges differ from state to state.