Tag: corporate sector
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Businesses suspected of criminal activities involved in donating for ruling BJP in India
Last week, India’s election commission published a list detailing buyers of electoral bonds, a contentious funding scheme that has helped Prime Minister Narendra Modi’s party build an immense campaign war chest dwarfing rivals. Electoral bonds account for more than half of all political donations and were anonymous until India’s top court ruled them illegal weeks…
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Proposed increase in advance tax on vehicle registration to impact expensive car buyers
With the upcoming budget just days away, the Federal Board of Revenue (FBR) is deliberating on measures to increase the advance tax on motor vehicle registration, particularly targeting non-filers. The proposed plan suggests raising the tax rate by 10 to 35 per cent based on the value of vehicles.