Tax

India expected to gain from 15% corp tax agreement worldwide

The worldwide minimum 15% corporate tax rate accord signed by the world's richest nations is expected to favour India since…

3 years ago

G7 reach record agreement on taxing large multinational corporations

On Saturday, the G7 nations made a historic agreement to tackle cross-border tax loopholes exploited by some of the world's…

3 years ago

Social spending, business tax hike drive $6Tr Joe Biden budget

Despite a host of new tax increases on businesses and high-income people aimed to pay for his ambitious spending plans,…

3 years ago

On global corporate profits, the US Treasury proposes a 15% minimum levy.

The US Treasury Department has stated that it supports a global minimum corporate tax rate of at least 15% lower…

4 years ago

Interest is charged for late payments on GST-eligible imported products.

An Authority for Advance Ruling (AAR) has ruled that interest for overdue payment on imported products is liable to GST…

4 years ago

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