Fund managers want govt to freeze taxes on sovereign debt papers
The Indian economy was officially projected to decline by 8 per cent in the current fiscal year.
OECD hikes 2021 global growth forecast to 5.6% from 4.2%; OECD doubles US growth forecast to 6.5% on stimulus
India's marine resources remain under-utilised
The govt has been responsive to the needs and asks of industry and keenly focused on Ease of Doing Business. We hope that answers to some of the ambiguities find their way into the upcoming budget
The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework
Highlighting the discrimination part, the report said that of the companies that are subjected to India's equalisation levy, 72 per cent are American companies
Expects Budget to be cautious on fiscal expansion, sees rate cut by RBI around turn of the current financial year
The OECD, an intergovernmental economic group, said outlook has improved for the first time since the outbreak owing to Covid-19 vaccine progress.
Sometimes we think of a big govt project, where all vaccines will only be in the hands of govt, and we will all obediently queue up to get vaccinated. Things are likely to work out differently
Some 129 countries are in talks to rework global tax system to make digital firms pay tax regardless of their physical presence or measured profits in a country
The OECD acts like an auditor for globalisation, shaping policies and setting standards in areas from taxation to trade and education
Guedes also said higher exchange rate risk is a natural consequence of the policy shift over the last 18 months in Brazil to looser monetary conditions and tighter fiscal policy
Public pressure is growing on big, profitable multinationals to pay their share under international tax rules after the Covid-19 pandemic strained national budgets
Trump says open to more stimulus spending, Australia unemployment drops, Richard Branson to raise $400 mn for ailing businesses and other pandemic-related news across the globe
Finds scope of further monetary and fiscal stimulus limited in the country
The better view reflects the strong economic pickup in recent months and the vast injection of public resources
Direct tax board issues detailed guidance on mutual agreement procedure, or MAP
Create joint norms on digital taxation with other jurisdictions
Nearly 100 countries carried out automatic exchange of information last year, covering total assets of 10 trillion euros