2020

US will ask foreign students to leave if class go online

The Donald Trump administration has asked foreign students in the US, whose colleges have shifted to online teaching, to shift to schools that have in-person classes or leave the country, a move that potentially would affect thousands of Indian students in America. The US Immigration and Customs Enforcement (ICE) on Monday night issued a statement

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Missing old data makes tax payment tough

Citizen groups, residents welfare associations and experts have raised questions about the old property tax data, which was gathered over the last 12 years, not being utilised in the new portal made by National Informatics Centre. The taxpayers, meanwhile, have to feed all the data again while filing their taxes.United Residents Joint Action (URJA) says

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India among Switzerland’s top-3 partners for info exchange on tax matters

India figures among the top-three countries getting detailed information from Switzerland about bank accounts and beneficiary ownership of entities established by their residents in the Alpine nation, according to the latest study by OECD’s Global Forum on transparency and exchange of information for tax purposes. In its latest peer review report on exchange of information

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FM Sitharaman in talks with RBI on restructuring of loans

Finance Minister Nirmala Sitharaman on June 25 said the Centre is in talks with the Reserve Bank of India (RBI) on the subject of one-time restructuring of loans to provide relief to companies that are reeling under stress due to the unprecedented economic fallout from the COVID-19 pandemic. Sitharaman said the Centre was also looking

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