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2 minutes
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Pakistan Raises Taxes on Banks, Enacts Super Tax on High Earners

Insight from our Asia-Pacific team
1 minute
Tax News Service

Parliament Enacts 25% Oil and Gas Profits Levy in Fast-Track Procedure

Taxes are about to get a lot more expensive for British oil and gas producers. On 11 July 2022, the House of Commons voted to impose a 25% additional levy on their profits when it enacted the Energy (Oil and Gas) Profits Levy Bill [Bill 135 of 2022-23], under the fast-track procedure.
2 minutes
A taxsutra story

12 Key Takeaways from India’s Dept. of Revenue (CBDT) Guidelines on Virtual Digital Assets

India’s Department of Revenue – Central Board of Direct Taxes (CBDT) has issued Guidelines under section 194S i.e. for withholding tax on transfer of Virtual Digital Assets (VDAs), introduced by the Indian Finance Act, 2022 that comes into force on 1 July 2022.
4 minutes
birds eye view of globe

Spotlight On: Sri Lanka Tax Hikes

Insight from our Asia-Pacific team
1 minute
Tax News Service

OECD Updates Plan to Fight Tax Crime

Free Tax News Service Highlight
2 minutes
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