Tax

India expected to gain from 15% corp tax agreement worldwideIndia expected to gain from 15% corp tax agreement worldwide

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…

4 years ago
G7 reach record agreement on taxing large multinational corporationsG7 reach record agreement on taxing large multinational corporations

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…

4 years ago
Social spending, business tax hike drive $6Tr Joe Biden budgetSocial spending, business tax hike drive $6Tr Joe Biden budget

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,…

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

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

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