Tax Centre News

• Tax credits, Medicare fix in Senate jobs bill

  - Reuters - Wed 10 Feb, 08:50 AM

  WASHINGTON (Reuters) - Highway funding and tax breaks for hiring workers figure prominently in a jobs-creation bill that Democrats and Republicans in the U.S. Senate hope will attract rare joint support in an election year, lawmakers said on...
• Tax reforms, selloff plans to top Budget agenda: Morgan Stanley
  

  - Indian Express - Wed 10 Feb, 03:14 AM

  During the upcoming budget on February 26, the government may announce measures on tax reforms, infrastructure, disinvestment in PSUs with steeping up fiscal consolidation, Stephen S Roach, chairman at Morgan Stanley said on Tuesday. There may be...
• ONGC threatens to withdraw from 7 blocks on tax concerns
  

  - Indian Express - Wed 10 Feb, 03:10 AM

  State-owned energy giant Oil and Natural Gas Corporation (ONGC) has threatened to withdraw from over seven exploration blocks it had licences for, if the Centre does not reimburse the taxes the company is paying on behalf of its joint venture...
• A uniform tax rate is a priority in telecom
  

  - Indian Express - Wed 10 Feb, 03:10 AM

  The past year has seen remarkable developments in the Indian telecommunications industry; prominent being the target of 500 million subscribers achieved a year ahead of schedule. As the countdown to the budget begins, the industry is looking for an...
• UK asks developing nations to join tax exchange

  - Reuters - Wed 10 Feb, 03:00 AM

  LONDON (Reuters) - The British government said on Tuesday it had asked developing nations to swap information to crack down on tax avoidance, ahead of a financial crime conference on...
• 
  After record Jan car sales, India seen steaming into Feb

  - Reuters - Tue 09 Feb, 01:20 PM

  NEW DELHI (Reuters) - Monthly car sales touched a record high in January as customers bought vehicles ahead of possible tax hikes in the Feb. 26 budget and experts said the momentum would continue until...

EARLIER HEADLINES

• BIS head sees tougher bank capital, liquidity rules
  - Reuters - Tue 09 Feb, 11:30 AM
• FACTBOX - Greece set for wage, tax reform to cut deficit
  - Reuters - Tue 09 Feb, 10:00 AM
• Govt apathy takes the charge off electric vehicle makers
  
  - Indian Express - Tue 09 Feb, 03:34 AM
• Greece to levy 40% tax rate on more earners
  - Reuters - Mon 08 Feb, 03:00 PM
• India allows IRFC to float $1.07 bln tax-free bond - finmin
  - Reuters - Mon 08 Feb, 02:50 PM