Income tax

Income Tax Department unearths multi-million dollar black money in raids on two corporate groups

The income tax department has uncovered tax evasion worth millions of rupees in search and seizure operations against two groups of companies in several states, the Central Commission for Taxation said on Sunday. direct taxes (CBDT) in a press release. The searches were carried out on October 12, the direct tax administration informed. The first […]

Income tax

DuPont Becomes Eighth City in Washington State to Ban Local Income Tax »Publications» Washington Policy Center

Tonight, DuPont city council moved to become the eighth city in Washington to ban a local income tax. Along with other cities, Yakima County also passed a ban. From DuPont City Council’s income tax ban: “The City Council hereby declares that the imposition of a local income tax on businesses and residents of the Town […]

Corporate profits

UPDATE 2-Wholesale inflation in Japan hits 13-year high, squeezing corporate profits

* September wholesale price + 6.3% y / y vs f’cast + 5.9% * The increase reflects the increase in the range of raw material costs * Weak household spending keeps consumer inflation contained (overhauls, adds analyst quotes and milestones) By Leika Kihara TOKYO, Oct. 12 (Reuters) – Wholesale inflation in Japan hit a 13-year […]