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Foreign Taxes

Germany backs ending EU tax break that helps Shein, Temu keep prices low

Under current EU regulations, packages purchased online from a non-EU country are not subject to customs duties if their value is under 150 euros

Germany backs ending EU tax break that helps Shein, Temu keep prices low
Updated On : 23 May 2024 | 12:16 PM IST

India pushes back plan to collect 20% tax on overseas spending beyond cap

In May, the government had said it would only impose 20% tax on overseas spending of above 700,000 rupees through international debit and credit cards in a financial year

India pushes back plan to collect 20% tax on overseas spending beyond cap
Updated On : 28 Jun 2023 | 10:46 PM IST

Direct Taxes Code panel for status quo on LTCG tax, STT; wants DDT to go

Suggests rejig of 20% and 30% slabs of personal income tax

Direct Taxes Code panel for status quo on LTCG tax, STT; wants DDT to go
Updated On : 28 Aug 2019 | 1:23 AM IST