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States not in favour of uniform tax on wheat, rice: Food ministry

2015-05-31 11:22:05| Agriculture - Topix.net

Earlier, the PM-constituted panel for revamping the state-run Food Corporation of India had recommended bringing down state taxes to 3% uniformly in states on wheat and rice or include taxes in the minimum support price of these crops. "We have discussed the matter with state governments.

Tags: states food tax ministry

 

No 100 fine for late tax returns

2015-05-30 11:05:25| BBC News | Business | UK Edition

People who have filed late tax returns are to be let off paying a 100 fine for missing the deadline, HM Revenue and Customs has confirmed.

Tags: fine late returns tax

 
 

VIDEO: 'No 100 fine for late tax returns'

2015-05-30 10:01:35| BBC News | Business | UK Edition

People who have filed late tax returns have been let off paying a 100 fine if they provide a "reasonable" excuse for being late.

Tags: video fine late returns

 

House rejects efforts to cap oil tax credit payments at $500 million

2015-05-29 08:48:35| Oil & Gas - Topix.net

The Alaska House rejected Democratic efforts Thursday to cap state spending on oil company tax credits at $500 million, as majority members argued that deferring $200 million or more in cash payments for even a few months could harm small oil and gas companies that need the cash. "I want to be very clear, this money is not going to the Big 3," said Rep. Craig Johnson, R-Anchorage, referring to BP, ConocoPhillips and Exxon Mobil.

Tags: house credit million tax

 

BBC uncovers tax avoidance scheme

2015-05-29 07:05:35| BBC News | Business | UK Edition

Anderson Group, one of the recruitment industry's most high profile companies, is promoting an 'aggressive' tax avoidance scheme which tax experts are calling "abusive".

Tags: tax scheme bbc avoidance

 

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