Category : Search result: tax rationalisation impact


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.

Indian Auto Sales Boom in Dec 2025 on SUV, GST Boost

Indian passenger vehicle sales accelerated in December 2025, with Maruti Suzuki, Mahindra & Mahindra, and Tata Motors reporting strong double-digit growth. Driven by SUV demand, GST cuts, and a robust marriage season, the industry ends the year on a high.

ISMA Calls for GST Cut on Flex-Fuel Vehicles

The Indian Sugar Mills Association urges the GST Council to lower taxes on flex-fuel vehicles, a crucial step for India's ethanol blending and energy security goals. Read more.

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

Jharkhand CEO Mandates Notional House Numbers for Voter Rolls

Jharkhand CEO K Ravi Kumar directs officials to assign notional numbers to unmarked houses to prevent electoral roll discrepancies. This move aims to ensure accurate voter identification and smooth polling station rationalisation.

Brockman estate pays $750M in tax fraud settlement

The estate of Robert Brockman settles the biggest US individual tax fraud case, agreeing to pay $750 million in back taxes and penalties. Details on the $2 billion offshore empire revealed.

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