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Tag: tax
I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy
2016-03-15 22:43:20| Oil & Gas - Topix.net
Cairn, against whom the I-T Department had on January 22, 2014 issued a draft assessment order of Rs 10,247 crore on alleged capital gains it made in a 2006 reorganisation of its India business, was last month issued a final assessment order. "The assessment order is in the amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore and any recovery by the Indian authorities would be limited to such assets," it said.
Tags: notice
energy
tax
demand
United Kingdom: John Swinney announces plans to cut airport tax
2016-03-15 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Scotsman: First Minister John Swinney has launched a consultation on plans to halve and eventually abolish Air Passenger Duty, in a move he claims will boost the Scottish economy. He visited Edinburgh Airport to set out why the Scottish Government wants to use new powers coming to Holyrood to slash the tax paid by passengers leaving on international flights. But environmental campaigners said the cut would incentivise people to use the least sustainable transport option. And Labour accused the SNP...
Tags: united
john
kingdom
plans
Carbondale eyes bold move with carbon tax
2016-03-12 23:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Aspen Times: Carbondale is looking at the first comprehensive carbon tax in the Roaring Fork Valley and what's believed to be only the second one of its kind in the country. The town will ask voters in the April 5 election to approve a "climate action excise tax" on electricity and natural gas used by residences and businesses. The tax is being proposed at a rate where the average homeowners would pay $5 to $7 more per month. The average business would pay between $10 and $30 more per month, according to...
Osborne 'wants insurance tax rise'
2016-03-12 01:10:21| BBC News | Business | UK Edition
Millions of households could face an increase in insurance costs, following a warning that the chancellor may target premiums in next week's Budget.
Tags: insurance
tax
rise
osborne
Savers get boost from April tax changes
2016-03-11 22:05:04| BBC News | Business | UK Edition
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