China is reportedly revising its family planning policies with a controversial proposal to tax condoms and other contraceptives in an effort to address declining birth rates. As the country faces record-low fertility and demographic pressures, officials are exploring new incentives—and restrictions—to encourage families to have more children.

China Rewrites Family Planning Rules: Condom Tax To Boost Birth Rate 

Hong Kong's famous twin panda cubs are set to make their public debut on Sunday after being born six months ago. The city is hoping the pandas will help revive the tourism industry. Ahead of their reveal, a greeting ceremony was held, where the panda twins were shown to the media for the first time. Watch in for more details!

Hong Kong's twin panda cubs in spotlight

The troubled economy of Hong Kong is eyeing rich money to fill their vaults. The government is once again considering tax increases on the city's wealthiest residents to address budget deficits. This is according to a Bloomberg report quoting sources.

Hong Kong eyes hiking taxes on top earners for second year

In today's time, it is very common to earn income from overseas. However, such income bring with them the complexity of tax calculation on the earned amount. Let's first understand when is an income considered to have been earned from a foreign source.

Money-Wise: Worried about taxes on your overseas income? Here's how you can save them

A common concern of all those investing their hard-earned money to earn some good interest amount is the taxes that will be levied on them. First, let's understand how taxes are charged on the interest we earn over the investments made in different instruments.

Money-Wise: Planning to save taxes on interests earned? Here's how you can in India

Reports suggest the ultra-rich are fleeing to tax havens while the middle and lower classes are left shouldering the burden of soaring taxes and inflation fueled by reckless government policies. Are governments preoccupied with conflicts and pandering to the wealthy and abandoning the people they should protect?

Rich flee high taxes, middle class foots the bill

Nigeria prepared for nationwide protests over the cost of living on Thursday with authorities warning about attempts to copy the violent demonstrations in Kenya that forced the government to backtrack on new taxes.

Nigeria: Nationwide protests spiral across Nigeria over cost of living & poor governance

A nine-judge Constitution Bench led by Chief Justice of India D.Y. Chandrachud on Thursday (July 25) ruled that the power of State Legislatures to tax mining lands and quarries is not limited by the Parliament's Mines and Minerals (Development and Regulation) Act of 1957.

Supreme Court rules that royalty on minerals is not tax

In a rare incident, a 66-year-old man in Florida, who was prepping for his retirement, was shocked to find that he is not a citizen of the United States. The man, identified as Jimmy Klass, made the startling discovery when he was applying for Social Security payments, even though he had lived in the country since he was a toddler, paid taxes and voted in different federal elections in the last six decades.

Man, after years of paying taxes and voting, finds he is not a citizen of US

Donald J. Trump, the former president, is in hot water over his Chicago tower's taxes. The IRS, the tax authority, said he might owe over $100 million, as uncovered by The New York Times and ProPublica.

Donald Trump could owe $100 million in taxes, audit finds

Highest individual tax rates. Watch our report to know more.

Highest individual tax rates

Former US president Donald Trump, who is aiming to get re-elected in US Presidential Election in 2024, has once again taken up the issue of high taxes imposed by India on certain American products.

Trump repeats threat of reciprocal taxes against India if elected again

ITR Filing FY 2022-23 Last Date: After weeks full of campaigns and promotions, the last date for filing ITR is here. One can file ITR till July 31. According to the Income Tax Department, almost 50.

ITR Filing Last Date: Check how to file taxes online using these easy steps, here's all you need to know

US President Joe Biden on Thursday (March 9) unveiled the government's spending plans in Pennsylvania, announcing higher taxes on the rich. While speaking at the Philadelphia union hall, the president questioned the Republican opposition over the issue of fiscal responsibility, as he highlighted plans to deduct the deficit of the nation by nearly $3 trillion in 10 years by increasing taxes on those who have an income of more than $400,000 a year.

Biden unveils $6.8 trillion budget plan, raises taxes for wealthy citizens

Former UK Prime Minister Boris Johnson has said the Conservatives must make the case "for a low tax global Britain" and fight the next election on a pledge to cut taxes.

Boris Johnson challenges PM Sunak to lower taxes

Apple Inc's (AAPL.O) Japan unit is being charged 13 billion yen ($98 million) in additional taxes for bulk sales of iPhones and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax. Watch this video to know more.

World Business Watch: Apple Japan hit with $98 million in back taxes

Belgium will impose new taxes on older, noisier planes as well as private jets and short-haul flights in a bid to reduce noise and air pollution. Watch this video to know more.

WION Climate Tracker: Belgium to impose tax on private jets, short-haul flights

A Democratic-led House committee has obtained access to six years of Donald Trump's federal tax returns, ending a years-long pursuit. Watch this video to know more.

IRS releases Donald Trump's tax records to House Committee

Nearly a quarter of million more Britishers might find themselves subjected to pay the high rate of income taxation as per the new plans unveiled by the UK PM Rishi Sunak and Jeremy Hunt.

New plan by UK PM Sunak and Jeremy Hunt will make over 200,000 Britishers pay tax

In what has turned out to be the biggest-ever show cause notice served by it, India's Directorate General of GST Intelligence (DGGI) has asked a gaming company why it has failed to pay Goods and Services Tax (GST) amounting to USD 2.

India's tax intel wing slaps $2.58bn notice on gaming company that runs online rummy

As the island nation's inflation hit a ninth consecutive record in the month of June, inflation reached an all-time high and with this Sri Lanka is now broken into the hyperinflation zone.

Sri Lanka breaks into hyperinflation zone, IMF suggests to raise taxes to revive economy

Warren Buffet paid an 18% tax rate in 2007, while his secretary paid a 33% rate. In 2007, 2011, and 2018, Jeff Bezos and Elon Musk paid a total of $0 in income taxes. Every year, billionaires in the United States save $160 billion in taxes. How is it possible to be a billionaire while paying so little in taxes?

How do American billionaires avoid paying taxes?

French prosecutors said on Wednesday they have opened a probe into suspected tax fraud by management consultancies whose record contracts with the government has caused problems for President Emmanuel Macron on the campaign trial.

France opens tax fraud probe over consultancies in government

Tightening noose around online influencers and entertainers, the Chinese authorities have set a 10-day deadline to pay undue taxes, in its latest attempt to clamp down on internet celebrities.

China issues 10-day ultimatum for online celebrities to settle unpaid taxes

taxes

Taxes, News on Taxes, stories on Taxes, articles on Taxes, Taxes stories at Wion, Taxes news, Taxes latest news