Income tax

Recent changes in the highest personal income tax rates in Europe, 2021

In 2019, personal income tax revenue represented 24% of total tax revenue in OECD countries. Countries tax labor income in a variety of ways through payroll taxes, personal income taxes and, in some cases, surcharges. Between 2018 and 2021, eight European OECD countries changed their top personal income tax rates. Of these eight countries, four […]

Income tax

How to pre-validate your online bank account for an income tax refund?

Steps to check if your bank account is already pre-validated or not By following the steps below, you can easily check if your bank account Visit https: // www. Incometax.gov.in/iec/foportal and click “Login” to log into your account. In the “Login” section, enter your PAN (permanent account number), Aadhaar number or other user ID only […]

Income tax

Worthington collects tax revenue for the Township of Sharon through JEDD

The Town of Worthington begins collecting tax revenue for the Township of Sharon as part of a Joint Economic Development District. On September 20, the city council created a special JEDD income fund with the aim of collecting tax revenue. “Worthington will collect income tax for the Township of Sharon,” said board chair Bonnie Michael. […]

Income tax

Electronic merchants authorized to register for income tax with domicile: ETA

E-merchants operating in Egypt could register for income tax using their home address, according to Reda Abdel Qader, chairman of the Egyptian Tax Authority (ETA). The taxpayer must submit a photocopy of the lease or ownership contract of his residence, in addition to a recent electricity bill billed to the registered address to open a […]

Income tax

The Income Tax Department conducts research in Maharashtra, Karnataka, Uttar Pradesh

New Delhi [India], October 4 (ANI): The Income Tax Department conducted a search and seizure on September 30 at 37 premises in several cities, including Mumbai, Pune, Noida and Bengaluru. These groups / individuals were in various businesses such as cable manufacturing, real estate, textiles, printing machines, hotels, logistics. During the search operation, several incriminated […]

Income tax

Income Tax Department Detects ‘Unrecognized Transactions’ Worth Over 500 Crore Yen at Ahmedabad Real Estate Company | Latest India News

The Income Tax Service raided an Ahmedabad-based real estate developer, which uncovered unrecorded transactions worth more than ??500 crore, the Central Commission for Direct Taxes (CBDT) claimed on Saturday, adding that the transaction, which was part of a tax evasion investigation, was also carried out on brokers linked to the developer. “Documents have revealed unrecorded […]