Manchester United’s Unpaid Taxes Could Squander Their Summer Transfers

Manchester United is embroiled in discussions with HMRC (Her Majesty’s Revenue and Customs) over an unpaid tax bill relating to arrangements with players and agents, raising concerns about the club’s transfer plans and financial stability. This development is crucial for the Red Devils as they navigate both on-field challenges and off-field financial scrutiny. The talks … Read more

Coaching centres: Coaching centres face DGGI probe for tax evasion

The Directorate General of Goods and Services Tax Intelligence (DGGI) has initiated a probe into possible tax evasion of ₹850 crore in 2020-21 and 2021-22 by some large commercial coaching centres and could soon issue show cause notices to them, said officials. The investigation relates to misdeclaration of the number of enrolments and non-payment of … Read more

CoinDCX, CoinSwitch, 9 Other Crypto Exchanges under Govt Lens for Rs 81.5-cr Tax Evasion

Most cryptocurrencies are prone to extreme price fluctuations. But in the case of last week’s bloodshed, an unexpected participant played truant. Stablecoins are usually considered to be the calmer, steadier cousin of the otherwise volatile cryptocurrencies. (Representational Photo) In a written reply to query in Lok Sabha, MoS Finance Pankaj Chaudhary said recovery from the … Read more