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Latest Articles in tax rates

No States' View Sought On GST Tax Rates Hikes: Report

They said that the panel of ministers looking into GST rate rationalisation is yet to submit its report to the GST Council

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South Korea To Hike Tax On Multiple Home Owners, Top Officials Race To Sell Extra Homes

Real estate taxes that kick in on properties valued over 600 million won ($499,488) for multiple home owners will be increased, while capital gains tax rates will also be raised, finance minister Hong Nam-ki said at a policy meeting.

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Tax Holiday Vs Lower Tax Rate: The Dilemma of Choice

The effective tax rate of 17.16% for manufacturing companies, is quite competitive or even better than the competing economies of Southeast Asia such as China, Thailand, Indonesia, Vietnam, Singapore and Hong Kong.

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Half Of US Foreign Profits Booked In Tax Havens: Paper

US companies are by far the biggest users of tax havens, where they face effective tax rates of just 7 percent, according to the study by economists Thomas Wright and Gabriel Zucman

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GST On Garment Job Works May Be Lowered To 5%

The panel, headed by Finance Minister Arun Jaitley and comprising of representatives of all the 29 states, is also likely to consider removing anomaly in taxation in cases where the intermediate goods are taxed at the highest bracket than the tax on final output

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Budget Must Bring Slew Of Growth Propelling Policy Measures To Revive Demand

The focus on financial reforms, infrastructure build-up, industrial development, growth of MSMEs and agriculture reforms is highly encouraging

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Tracking GST: Tax Rate Structure Too Complex

The four bands of tax rates have been fixed at five per cent, 12 per cent, 18 per cent and 28 per cent

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Mixed Bag For ENR Sector

The budget has brought about a mixed bag in relation to the ENR sector. There has been no extension of the existing sunset clauses

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