Kochi: Prominent film producer Antony Perumbavoor, known for backing superstar Mohanlal’s much-anticipated film Empuraan, is under the scanner after the Income Tax Department issued a notice seeking detailed clarification on his financial dealings related to major films including Lucifer and Marakkar: Arabikadalinte Simham. The move is part of a continued probe following extensive raids in Read More…
Actor-director Prithviraj Sukumaran has received an Income Tax Department notic regarding his income from three major 2022 releases — Jana Gana Mana, Gold, and Kaduva. The notice, dated March 29, 2025, seeks clarification on his financial declarations and requests an official response by April 29. In all three films, Prithviraj played dual roles as both Read More…
In a bold move that has turned heads across the political spectrum, former U.S. President Donald Trump recently hinted at a game-changing proposal: eliminating the federal income tax. Speaking at a campaign rally, Trump argued that the U.S. should shift its tax burden from American citizens to foreign nations, particularly those that benefit from trade Read More…
In a significant ruling, the Supreme Court of India has stated that the salaries of nuns and priests working in aided schools are subject to income tax. Chief Justice of India, D.Y. Chandrachud, emphasized that if an individual is employed and receives a salary, tax must be deducted as per the law. He clarified that Read More…