While the Government is putting the final touches on the draft of the Base Law, which is estimated to be sent this Tuesday, the Government released details of the return of the Income Tax. How much will the floor be that the Government seeks to impose? How will it be updated? The Minister of the … Read more
2023-12-20 01:49:59 After the meeting this afternoon with President Javier Milei, the governor of Neuquén, Rolando Figueravisited some media in Buenos Aires and although he considered that the meeting with the president “was very positive,” he questioned the reversal of the income tax since it “has a strong impact” on the workers of Patagonia. In … Read more
2023-02-05 08:00:00 military retirement tax Serving in the military is a hard job, with many service members spending long lengths of time away from their family and putting their lives on the line. There are perks that come with service, though, and five states recently added a new one for veterans — eliminating taxes on … Read more
2023-12-13 04:56:30 (This story originally appeared in on Dec 13, 2023) The Income-Tax Appellate Tribunal (ITAT), Delhi bench, has quashed a revisionary order passed by the Principal Commissioner of Income-Tax. The tax tribunal held that mere non-deposit of the long-term capital gains into the ‘capital gains account’ in a designated bank, for the interim period, … Read more
2023-12-13 01:57:57 In addition to the measures announced by the Minister of Economy Luis Caputo this afternoon, the Government will seek to modify the current mobility formula to update retirements and reverse the elimination of Earningswith the aim of achieving balance in public accounts. These initiatives, which also include the increase in withholdings on agricultural … Read more
2023-11-24 20:41:00 At the initiative of centrist parliamentarians, the Senate voted on Friday November 24 for a slight increase in taxes on the richest households, a symbolic measure of “fiscal justice” which should nevertheless be swept aside by the government in its draft budget for 2024 . In a hemicycle dominated by the right, this … Read more
2023-11-10 09:24:49 Net direct tax collection swelled 22 per cent so far this fiscal year to Rs 10.60 lakh crore, crossing 58 per cent of the Budget target for the full year, the Income Tax department said on Friday. The net corporate tax collection grew 12.48 per cent and personal income tax mop up rose … Read more
2023-10-14 00:00:00 Written by Iman Ali Saturday, October 14, 2023 03:00 AM During the plenary session next Sunday, the House of Representatives will discuss the report of the joint committee from the Manpower Committee and the offices of the Constitutional and Legislative Affairs Committees, and the Plan and Budget Committee, on a draft law submitted … Read more