Real estate developer sues PwC for “negligent” tax advice
PwC is facing a claim for damages from Revelan amounting to around £6.6 million. PwC is facing a lawsuit from British commercial property developer Revelan. The allegation is that the company provided “negligent” tax advice, which left Revelan with a…
The psychology behind procrastination of tedious tasks at work
If you understand the psychological reasons why you procrastinate on stressful tasks, you can overcome procrastination. (SeventyFour via Getty Images) We all have tasks we hate, like paperwork, filing taxes, or cleaning the car. We often put these things off…
How many people actually pay income tax in India? What impact does this have on the economy?
The number of taxpayers in India is reportedly 1.46 crore, the Central Board of Direct Taxes confirmed in a tweet. This is a small number considering the total population of 130 crore. The CBDT further clarified that one crore taxpayers…
Thousands of tax returns for 2020 not yet processed
Thousands of taxpayers in Guernsey are still waiting for their 2020 tax returns to be processed, according to new figures from the US. The latest figures show that 15% of personal tax returns from this year are still pending and…
Why do Bollywood stars pay more taxes than billionaire businessmen in India?
Have you ever wondered why actors like Amitabh Bachchan, Shah Rukh Khan and Akshay Kumar are among India’s biggest taxpayers and not, say, Ambanis, Tatas or Birlas, even though they have huge business empires and are richer than the actors?…
Connecticut joins IRS Direct File, the free electronic tax filing system
How to make the most of your tax refund in 2024 How to make the most of your tax refund in 2024 04:21 HARTFORD, Connecticut. – Connecticut residents will have access to a free electronic tax return system. Connecticut will…
