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Friday, April 26, 2024

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Tax

Business & Finance

Income Tax: The MRA Has Reimbursed 86,069 Taxpayers To Date

Staff -
The number of taxpayers who submitted their tax forms to the Mauritius Revenue Authority (MRA) rose by 17.1% from 236,438 to 276,936 in one...
Economy

Renganaden Padayachy: It’s A Budget By The Government And For The People

Staff -
It is tradition now, one day after the budget, the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, discussed with the media...
Business & Finance

Bao Fan, China’s Millionaire Banker, Reportedly Missing

Vaishali Shastri -
One of the most well-known millionaire bankers in China has vanished, according to his firm. The company stated in a market update on Thursday that...
World

Germany Plans To Legalize Cannabis For Recreational Purposes

Vaishali Shastri -
Germany has come out with a plan to legalize cannabis, its use is only permissible for recreation purposes, among adults. The step taken by...
Economy

Rs 112.6 Billion Revenue Raised By MRA For Fiscal Year 2021/2 – Says Director-General Of MRA

Staff -
For the financial year 2021/2022 ended June 30, 2022, the authority collected Rs 112.6 billion compared to Rs 89.3 billion for the financial year...
World

Biggest Squeeze In Living Standards For A Century As Millions More Face Absolute Poverty In UK

Staff -
Resolution Foundation is predicting that Britain will be facing the “terrifying” prospect of the biggest squeeze in living standards for a century, a new...
Indian Ocean Region

Bankrupt Sri Lanka Hikes Taxes To Boost Revenue

Staff -
Sri Lanka’s cash-strapped government announced on Tuesday massive, all-encompassing tax hikes in order to boost revenue. The announcement came as Sri Lanka is facing...
Business & Finance

DTAA: Indian Regulators Screening Mauritius’ Based MNCs

Staff -
Economic Times of India announced that the Income Tax Department of India had launched investigations on several Mauritius’ based multinational companies that have invested...
Business

Arrest Of Aboubakar Ibrahim Rajah, Director Of Alassio Ltd

Staff -
Following a referral from the MRA, ICAC initiated an investigation into Alassio Ltd which, according to the tax authorities, was not VAT registered but...
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