HDFC Bank - Penalty - Impose - RBI - Taxscan

RBI imposes Penalty on HDFC Bank

The Reserve Bank of India (RBI) has, by an order dated January 29, 2020, imposed a monetary penalty of ₹ 1 crore on HDFC Bank Limited for non-compliance with Master Direction on Know Your Customer dated...

Casino - gambling - Taxscan

Are Casino Winnings Taxable in India?

A casino is a public room where gambling is being held. In India, the Public Gambling Act of 1867 prohibits running or being in charge of a public gaming house or a ‘Casino’. The penalty for...

Philippines Tax - Expands - Coverage - Government - Taxscan

Philippines expands the Coverage of Sin Tax

The Philippines Government has amended the National Internal Revenue Code (NIRC) which expanded the coverage of Value-Added Tax (VAT) on vape, tobacco, and liquor. This is primarily seen as a cost-effective measure of improving health...

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