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Global income tax

Income tax that aggregate income from all sources at the individual (or family unit) level. The income is then taxed at a single progressive rate.

News On Global income tax
Filed your FATCA? If not, your account will be blocked after April 30

29-04-2017| Source:Moneycontrol.com

May 1 if they are not compliant with FATCA tax information sharing law.

No question of taxing agriculture income: Panagariya

29-04-2017| Source:PTI

"80 per cent of rural areas are connected to agriculture and we are talking about doubling farmers' income. How can we talk about taxing farmers income?" Panagariya told reporters

Should farm income be taxed or not?

28-04-2017| Source:Moneycontrol.com

Moneycontrol NewsNiti Aayog member Bibek Debroy recently said that agricultural income should be taxed, an idea that the central government said is not under consideration at all.In its three

UPL Q4 net profit jumps over three-fold at Rs 741.59 cr

28-04-2017| Source:PTI

Agro-chemical major UPL Ltd today reported an over three-fold jump in consolidated net profit at Rs 741.59 crore for the fourth quarter ended March on higher income and lower tax expense.

IT Tribunal rejects tax payers HRA claim on rent paid to mother: An analysis

28-04-2017| Source:Housing.com/news

The Mumbai Income Tax Tribunal, recently delivered a very important decision on the claim for tax exemption on HRA (House Rent Allowance). Let us analyse the decision in details, with its

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