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It has also reduced the VAT for scheduled airlines fuelling at airports other than Chennai from 29% to 1%. The rate has been reduced from 5% to 1% for scheduled airlines operating aircraft with a maximum take-off mass of less than 40,000 kg and fuelling at airports other than Chennai
The Meta boss had said he would exit the state over a wealth tax that has not yet come into force.
CBIC, Commissioner (GST Policy Wing), Gaurav Singh, said a major painpoint in GST currently is the mismatch of returns and almost 80% of notices are issued due to such mismatches.
El Salvador's Assembly passed a tax amnesty with 60 votes on 21 October, waiving interest and surcharges on debts due through 30 September. The post El Salvador Tax Amnesty Passes With 60 Votes appeared first on The Rio Times.
Finance Minister Enoch Godongwana cuts the fuel levy from 4 November, taking US$0.18 a litre off diesel and US$0.09 off petrol at a cost of US$610 million. The post South Africa Fuel Levy Cut Starts 4 November appeared first on The Rio Times.
For the past few months, this newspaper has extensively covered China’s ongoing clampdown on tax avoidance, especially its push to tax the income of super-rich families held in offshore trusts. We never expected to become targets of the campaign ourselves. But there have been signs in recent weeks that officials are starting to take an interest even in the incomes of South China Morning Post journalists, with several of us being contacted by the tax man. First, a colleague with our Beijing...