The newly proposed Income Tax Bill 2025 could grant tax authorities unprecedented powers to access private digital spaces in suspected tax evasion cases. The sweeping changes, set to take effect from April 2026, have ignited concerns about privacy and state surveillance in the digital era.
Starting April 2026, India’s income tax rules will undergo a significant transformation, granting tax authorities the power to access private digital spaces. The proposed Income Tax Bill 2025 will allow tax officers to override access codes and enter digital platforms if they suspect individuals of concealing income or assets. The move aims to tackle modern tax evasion methods but has sparked widespread privacy concerns.
Anthony Thomson, co-founder of Metro Bank and Atom Bank, is launching a new venture aimed exclusively at the global super-rich. Family Offices Bank (FOB) will target ultra-high-net-worth individuals
Prime Minister Gaston Browne has defended the Citizenship by Investment (CBI) programmes as essential drivers of economic sustainability while addressing international concerns about their integrity
As published on: thepaypers.com, Friday 22 November, 2024. The UK Foreign Office has declared that the government is firmly supporting the establishment of fully public registers. The remarks follow
Press Release from Jersey Finance, Monday 13 May, 2024. Jersey Finance continues to build on its presence in South East Asia hosting a series of events last month to further build Jersey’s profile