Liz Truss's conservative government takes U-turns on plan to scrap 45p tax rate

Oct 03, 2022

London [UK], October 3 : Days after UK Prime Minister Liz Truss insisted she would not abandon the tax cut for the wealthiest, the...

Denmark to cut electricity tax to curb energy prices

Jun 25, 2022

Copenhagen [Denmark], June 25 (ANI/Xinhua): Denmark will temporarily reduce the tax on electricity starting from the fourth quarter of this year as a means...

Sharp cut in windfall tax on crude petroleum, effective today

Aug 17, 2024

The windfall tax on petroleum crude will be reduced to Rs 2,100 per metric ton from Rs 4,600 per ton, according to an official...

Share prices of oil companies up after windfall tax cut

Jul 20, 2022

New Delhi [India], July 20 : Soon after the government announced the reduction in windfall tax on crude oil, the share prices of major...

Excise duty cut by centre will reduce the effective rate of VAT on petrol-diesel in states

May 22, 2022

Jaipur (Rajasthan) [India], May 22 : Excise duty cut in petrol and diesel will reduce the effective rate of Value Added Tax (VAT) in...

UK abolishes 'tampon tax' on menstrual products

Jan 02, 2021

London [UK], January 3 : The UK has abolished the 5 per cent rate of value-added tax (VAT) on menstrual products, known as the...