ON one side stand businesses, salaried citizens, traders and ordinary consumers who feel crushed under the weight of taxation. Rates are high, compliance is cumbersome and penalties are harsh. On the other side stand official statistics showing Pakistan’s tax-to-GDP ratio stuck at around nine to 10»»»

Peru's Minister of Energy and Mines, Ángelo Alfaro Lombardi has resigned following a public accusation of sexual assault by a woman who alleges she was abused by him when she was 16 years old, an incident she says resulted in a pregnancy.  ... »»»

Chancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion. This fiscal headroom – effectively Reeves’ s»»»

Federal and provincial budgets for fiscal year 2025-26 have been passed by assemblies, each one claiming to be providing a huge relief to an ordinary Pakistani citizen or household, but the ground reality suggests otherwise. A large number of ordinary citizens have expressed scepticism about the im»»»

A British father separated from his partner, son and stepson by UK visa rules says he feels as if he is “being punished for being working class and in love”. Leighton Allen met his partner, Sophie Nyenza, who is from Tanzania, while travelling in the country in 2022. The pair had a son, Myles, and »»»

For how much longer can the government foot the bill? The assumption is, another revenue stream would enable banks and fintech firms to innovate. The financial year has begun as somewhat of a mixed bag for India’s unified payments interface, or UPI — and its scale means every transitional moment is»»»