Category : Search result: billionaire tax debate


145+ Nations Agree on Updated Global Minimum Tax Deal

More than 145 countries have solidified a revised global minimum tax agreement, incorporating US concerns. This landmark deal aims to curb corporate tax avoidance worldwide. Read the full details here.

How AI is Reshaping Tax Scrutiny in India

Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.

Save Tax on Gold, Stock Gains with Section 54F

Learn how Section 54F of the Income Tax Act allows Indians to save on long-term capital gains tax by reinvesting in a residential property. Key conditions and timelines explained.

Saudi Arabia's new sugar tax on beverages starts Jan 1

Saudi Arabia replaces its 50% flat tax with a four-tier excise duty based on sugar content from January 1, aiming to cut consumption. The UAE will implement a similar system in 2026. Read how this GCC health move affects prices.

Gurgaon MCG seals 7 properties for Rs 1.8 crore tax dues

MCG Gurgaon sealed seven properties for non-payment of Rs 1.8 crore in property tax. The drive, led by Zonal Taxation Officer Pankaj Kumar, resulted in a single-day collection of Rs 7 crore. Read more about the crackdown and the use of AI to boost revenue

California's Wealth Tax Sparks Billionaire Exodus

White House AI and crypto czar David Sacks hints at leaving California over proposed 5% 'wealth tax'. He joins other billionaires like Peter Thiel and Larry Page in criticising the move. Read more.

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