All posts tagged: taxpayers

Finland’s shrinking high schools are importing pupils from abroad

Ideally Marianne Korkalainen’s high school in Rautavaara, a tiny town in eastern Finland, would enrol at least 20 new pupils each year. This autumn, her shrinking municipality will send her only about 12. But Ms Korkalainen, the head teacher, has a plan: she intends to invite half a dozen youngsters from poorer countries to help fill her empty seats. Eager adolescents from places such as Myanmar, Vietnam and Tanzania will swap their tropical cities for her snowy bolthole. They will receive a Finnish education, at Finnish taxpayers’ expense. School-age populations are shrinking in lots of European countries—and in Finland, faster than most. By 2030 the country could have nearly 10% fewer children aged 4-18, according to EU projections. By 2040 their ranks might be smaller by a fifth. This spells trouble in particular for rural schools, which suffer both from having few births and from migration to the cities. Hundreds have shut their doors in recent decades. Some now offer local youngsters bungs, such as free driving lessons and small cash “scholarships”, in the hope …

Shah Rukh Khan tops taxpayers` list, this South actor ranks 2nd

Shah Rukh Khan has become the highest tax-paying celebrity individual in India for the financial year of 2023-2024. The actor had a tremendous year at the movies with the success of films like `Pathaan`, `Jawan` and `Dunki` in 2023. The actor reportedly took part of the profit as his fee. With the films performing exceptionally well, his earnings have also shot up. Apart from that the actor has multiple brand endorsements and businesses.  The Badshah of Bollywood whose films grossed over Rs 2000 crore globally paid Rs 92 crore in tax. With this, he has become the highest tax-paying celebrity individual in India, according to a report by Fortune India.  Following closely behind Khan is Tamil film superstar Thalapathy Vijay. He paid a whopping Rs 80 crore in taxes. The actor who is one of the highest paid stars of Tamil cinema had a blockbuster release with `Leo` last year. His latest release `GOAT (Greatest Of All Times) is also set to break all box office records.  Salman Khan ranks third on the list with …

Data sharing among authorities, taxpayers can help improve I-T dept AIS functionality: Deloitte

New Delhi, Deloitte India on Sunday said creating a seamless data exchange and establishing a framework for efficient data sharing among businesses, tax authorities and taxpayers would help improve the AIS functionality of the income tax department. Data sharing among authorities, taxpayers can help improve I-T dept AIS functionality: Deloitte The Annual Information Statement is a comprehensive view of financial information for a taxpayer, made available by the income tax department. Unlock exclusive access to the latest news on India’s general elections, only on the HT App. Download Now! Download Now! Information about the taxpayer relating to specified financial transactions such as cash deposit/ withdrawal from bank accounts, sale/purchase of immovable property, time deposits, credit card payments, purchase of shares, debentures, foreign currency, mutual funds, buyback of shares, cash payment for goods and services etc. To improve the functionality of AIS and the efficiency of tax administration and compliance, Deloitte India’s latest paper, “Annual Information Statement: Ushering in a new era of tax administration”, recommends creating a seamless data exchange and establishing a framework for …

‘Brazen waste of taxpayers’ money’: Kharge attacks Modi govt over selfie booths | Latest News India

Congress president Mallikarjun Kharge on Tuesday sharply criticised Prime Minister Narendra Modi over the railways setting up “selfie booths” at railway stations with PM Modi’s photographs, saying it was a brazen waste of taxpayers’ money. Congress president Mallikarjun Kharge cited a response by the Central Railway to an RTI request filed by Mumbai based activist Ajay Basudev Bose (Hindustan Times File/Vipin Kumar) “Modi Govt hasn’t provided drought and flood relief to states. MGNREGA funds for opposition-ruled states are also pending. But it has the audacity to generously splurge public money on these cheap election stunts!” Kharge said in a post on X that shared a right to information response by Central Railway on the selfie booths. Wrap up the year gone by & gear up for 2024 with HT! Click here Responding to a request by a Mumbai-based activist, the Central Railway listed the stations where temporary and permanent selfie booths had been set up at an approved cost of ₹1.25 lakh and ₹6.25 lakh, respectively. “Self-obsessed promotion by Modi Govt knows NO bounds! Absolutely …

Vivek Agnihotri on getting security with taxpayers’ money: ‘If terrorism stops…’ | Bollywood

The Kashmir Files director Vivek Agnihotri made headlines on Friday when he shared a video of him walking around the street while being surrounded with several security officials. Many of his followers expressed their disappointment over the same citing the ‘wastage’ of their tax money. He has now said that the same tax money is used to combat terrorism and if that is abolished, he can live freely. (Also read: Vivek Agnihotri spotted with Y-category security cover, people say ‘oh my tax money’) Vivek Agnihotri replied to a Twitter user who said, “Shocking to see how much of tax payers’ money is being wasted on security on a s****ag anti-national like you.” He shared a picture of a heavily guarded street in Kashmir and wrote, “Tax payers money is used here to combat religious terrorism. If this stops, I can also live freely. #Kashmir.” On Friday, he had shared a video of him going on a walk around the city. He wrote along with it on Twitter, “The price one has to pay to show …