Latest Income Tax Ordinance News & Updates

New Delhi, June 22 (IANS) Easing Middle East tensions and recent policy measures by the Reserve Bank of India and the government have eased near‑term stress on the Indian rupee, a report said on Monday.The report from Elara Securities said the domestic currency could appreciate against the American dollar in H1 FY27, as current account pressures reduce and flows improve, keeping the rupee oscillating within a 93‑95 range.If the US Federal Reserve raises rates, as expected with a 50 basis‑p…

New Delhi, April 21 (IANS) Pakistan’s Federal Board of Revenue’s (FBR) new tax framework that levies a fixed charge of Rs 195 per 1,000 views on non‑resident YouTubers ended up being a “punitive measure” rather than progressive, and it introduced uncertainty and potential over‑taxation for creators, a new report has said.The new flat levy applicable to influencers and digital creators who earn from Pakistani audiences ignores the reality of widely varying effective tax rates because YouTub…