The Latest Breaking News from Income Tax

Bengaluru

Romania is considering changing its tax system, Prime Minister Nicolae Ciuca said on Wednesday in a surprise announcement, and his leftist coalition partners said they wanted to replace the current flat income tax rate with a progressive one.

Currently, PAN and Aadhaar are interchangeable for income tax purpose.

Australians facing rising interest rates and rising average tax rates have little to celebrate

After levying a 30% income tax on profits earned from cryptocurrency trading – the Indian government is now reportedly mulling imposing a 28% Goods and Service Tax (GST) on digital assets.

The libertarianish Colorado Democrat is devolving decision-making to parents and trying to lower the income tax to zero.

The proponents behind Californians Against Pandemics submitted 1.5 million signatures for a ballot initiative that would increase the income tax by 0.75% for individuals with income over $5 million for 10 years and dedicate 50% of funds to the California Institute for Pandemic Prevention, 25% to the Community Pandemic Response…

Keeping taxes low and easy to comply with should be the primary focus, writes Peter Dunne

On May 2, Reclaim Idaho, the campaign behind an initiative to increase the income tax rate for individuals with incomes above $250,000 and increase the corporate income tax rate, submitted over 95,269 signatures for verification. The required number of signatures is 64,945, which is equal to 6% of the registered…