ROME: Italy's health minister is proposing doubling a 'baby bonus' incentive for couples to have more children to combat what she calls a catastrophic decline in the country's birth rate.
BANNU: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan blasted Prime Minister Nawaz Sharif for “tax evasion” and said the premier was too unwilling to collect taxes from the elite class, ARY News reported.
WASHINGTON: Republican presidential candidate Donald Trump backtracked on Monday on his remarks about raising taxes on wealthy Americans, saying the rich might simply get a smaller tax cut than he originally proposed.
LONDON: British Prime Minister David Cameron on Sunday released his tax details in a bid to head off a row over his father's offshore business, and announced a new taskforce to scrutinise the so-called Panama Papers.
The richest 1% now has more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest, says a report issued by Oxfam.
LIMA, PERU: Finance ministers from the world's leading economies gave the green light Friday to a new plan to crack down on tax evasion by multi-national corporations, which costs countries at least $100 billion a year.
MADRID: A Spanish court has ordered Lionel Messi and his father Jorge to stand trial in a tax fraud case and the state attorney said Barcelona's star player should serve a jail sentence of up to 22 months if found guilty.
VEHARI, Sindh: PPP Patron-in-chief Bilawal Bhutto-Zardari has turned his guns on the incumbent Pakistan Muslim League-Nawaz, saying his party would “destroy” N-League in the upcoming local government elections.
ISLAMABAD: Despite recent optimism surrounding Pakistan's economy, the country is facing an "existential crisis" stemming from its woeful tax collection rates and inability to finance itself, a report said Wednesday.