tax - Asian News from UK

Hunt dampens hopes of tax cuts

The Chancellor of the Exchequer had been widely expected to cut taxes in Wednesday’s budget, in a move seen as a way of closing the gap on the main Opposition Labour Party

March 4, 2024

-Top News·UK News

Hunter Biden Indicted for Tax Evasion in California

In September, Hunter Biden was indicted on separate gun-related charges…reports Asian Lite News US President Joe Biden’s son Hunter Biden was indicted in California on nine counts related to a Justice Department

December 8, 2023

-Top News·USA

Hunt hints at inheritance tax cut

The chancellor had been expected to hold off from cutting taxes until next year as he and Rishi Sunak continue to focus on reducing inflation..reports Asian Lite News Jeremy Hunt is considering

November 20, 2023

-Top News·Economy·UK News

India Mulls Domestic Tax to Counter EU Carbon Tax

The revenue collected from this tax could then be utilized for India’s green energy initiatives, benefitting companies transitioning towards cleaner energy and subsequently reducing their carbon footprint…reports Asian Lite News Commerce and

November 3, 2023

-Top News·India News

Sunak wants 2% tax cut before polls

Sunak has previously said he wants to cut taxes but only once the hole in the public finances has been fixed and he has also pledged to halve inflation this year…reports Asian

June 4, 2023

-Top News·UK News

Hunt admits UK business taxes are too high

Demands at the event ranged from the reintroduction of tax breaks on shopping for overseas visitors to better co-operation with business and more “concrete” actions by government…reports Asian Lite News Jeremy Hunt

April 25, 2023

-Top News·UK News

PM paid over £1m in UK tax since 2019

A statement from Sunak’s accountants on Wednesday showed that his huge investment income and capital gains relate to a single US-based investment fund…reports Asian Lite News Rishi Sunak has published his long-awaited

March 23, 2023

-Top News·UK News

Personal income tax slabs revised; new tax regime now default

The FM also allowed a Rs 50,000 standard deduction to taxpayers under the new regime, where assessees cannot claim deductions or exemptions on their investments…reports Asian Lite News While the Narendra Modi-led

February 1, 2023

Economy·India News

Hunt rules out significant tax cuts in Budget

Hunt took aim at Labour, citing Keir Starmer’s pledge not to reopen the big government chequebook. The chancellor claimed the party had since made tens of billions of unfunded spending commitments…reports Asian

January 30, 2023

-Top News·Europe·UK News

Zahawi faces exit

Prime Minister orders probe into the tax affairs of the chairman of his governing Conservative Party, saying there are “questions that need answering” about the dealings…reports Asian Lite News Prime Minister Rishi

January 25, 2023

-Top News·London News·UK News

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