US President Candidates Donald Trump and Joe Biden

Photo: CNN

Trump Might Face 'Tax Trap' Ahead of the First Election Debate

Biden campaigners are planning to 'trap' Donald Trump under the tax issue, a day before the US Presidential debate. According to the New York Times report, Trump is alleged of paying an inadequate amount as an income tax, in 2016 & 17. Moreover, he failed to pay the federal income taxes of 10 years, out of 15. However, Biden is trying to shift the voters away who voted for trump.

Tue, 29 Sep 2020 - 11:49 AM / by Nitesh Kumar Singh

Tags: US Presidential Election, Donald Trump, Joe BIden, evadingtax

Courtesy: The Guardian

AR Rahman

Photo: Deccan Herald

Madras High Court Issues Notice to AR Rahman for Evading Tax

Music composer AR Rahman on September 11 has received a notice from the Madras High Court for evading income tax on Rs 3.47 crore for the year 2011-12. The Income Tax department has alleged that Rahman diverted his remuneration of Rs 3.47 crore to his charitable trust instead of his own account. Reportedly, the sum was paid to Rahman for composing ringtones for a UK-based telecom company.

Fri, 11 Sep 2020 - 02:31 PM / by Dharshana Vijayan

Tags: AR Rahman, Income Tax, Madras High Court, evadingtax

Courtesy: India Today