Global Tax Laws
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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Explained: What Happens To Trump's Tariffs After US Court Knocked Them Down
US President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path.
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Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
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Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
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Switzerland Set To Introduce Global Minimum Corporate Tax, Climate Law
Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.
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"They Should Respect Laws": UK's Envoy To NDTV On BBC, Oxfam India Row
British organisations that are working in other nations must follow the laws of those countries, the UK's top diplomat in India told NDTV today, days after Indian authorities investigated the BBC and Oxfam India.
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India Calls for Global Support to Regulate Crypto as RBI Favours Ban, Details Here
Indian finance minister Nirmala Sitharaman told the parliament on Monday that the RBI favours a ban on cryptocurrencies. The development comes at a time when the tax laws around virtual digital assets went live in India, slashing trade volumes on Indian exchanges. At this point, India still awaits laws on the crypto sector.
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India’s Cryptocurrency Position Said to Be Vindicated Amid Global Crypto Market Downturn
India has taken a conservative position on cryptocurrency, and the government’s decision is said to be vindicated by the ongoing global cryptocurrency market meltdown. To dampen crypto trading, a one percent tax deducted at source (TDS) on crypto transactions was introduced on July 1, following a 30 percent capital gains tax on all transactions t...
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OECD Drafts Rules to Standardise Crypto Data Sharing Among Global Tax Authorities
The Organisation for Economic Co-operation and Development (OECD) has proposed a set of laws circling around the taxation of crypto assets. The rules aim to clarify instructions on how global tax agencies exchange crypto-related data among themselves. The rules aim to bring cryptocurrencies under the international tax system.
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ICC Wants India's Revenue Slashed, BCCI To Contact British Law Firm
ICC wants complete tax exemption for all global events happening in India and is still awaiting waiver for the 2016 World T20 held in the country.
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
Explained: What Happens To Trump's Tariffs After US Court Knocked Them Down
US President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path.
-
Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
-
Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
-
Switzerland Set To Introduce Global Minimum Corporate Tax, Climate Law
Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.
-
"They Should Respect Laws": UK's Envoy To NDTV On BBC, Oxfam India Row
British organisations that are working in other nations must follow the laws of those countries, the UK's top diplomat in India told NDTV today, days after Indian authorities investigated the BBC and Oxfam India.
-
India Calls for Global Support to Regulate Crypto as RBI Favours Ban, Details Here
Indian finance minister Nirmala Sitharaman told the parliament on Monday that the RBI favours a ban on cryptocurrencies. The development comes at a time when the tax laws around virtual digital assets went live in India, slashing trade volumes on Indian exchanges. At this point, India still awaits laws on the crypto sector.
-
India’s Cryptocurrency Position Said to Be Vindicated Amid Global Crypto Market Downturn
India has taken a conservative position on cryptocurrency, and the government’s decision is said to be vindicated by the ongoing global cryptocurrency market meltdown. To dampen crypto trading, a one percent tax deducted at source (TDS) on crypto transactions was introduced on July 1, following a 30 percent capital gains tax on all transactions t...
-
OECD Drafts Rules to Standardise Crypto Data Sharing Among Global Tax Authorities
The Organisation for Economic Co-operation and Development (OECD) has proposed a set of laws circling around the taxation of crypto assets. The rules aim to clarify instructions on how global tax agencies exchange crypto-related data among themselves. The rules aim to bring cryptocurrencies under the international tax system.
-
ICC Wants India's Revenue Slashed, BCCI To Contact British Law Firm
ICC wants complete tax exemption for all global events happening in India and is still awaiting waiver for the 2016 World T20 held in the country.
