The Organization for Economic Cooperation and Development recently released the Services Trade Restrictiveness Index. India ranked 47th. Last year, India was in the 46th position. Unfortunately, India remains...
The United Nations General Assembly has unanimously adopted a resolution to develop an international tax cooperation framework or instrument based on a UN intergovernmental process. Nigeria submitted this...
The Organisation for Economic Co-operation and Development (OECD) recently slashed India’s GDP forecast for the current financial year (FY2023) from 6.9 per cent to 6.6 per cent in...
The Crypto-Asset Reporting Framework or CARF was recently released by the Organization for Economic Co-operation and Development (OECD). Key facts The CARF aims to ensure the collection and...
In a policy reversal, the UK Prime Minister has scrapped the tax cut for the wealthy. This controversial tax cut had notably sparked market turmoil and caused the...
Canada has decided to impose a digital services tax on large companies that sell various services in Canada. About the tax Under the new rules of the Canadian...
The International Energy Agency (IEA) released its early 2022 edition of the bi-annual Electricity Market Report. Key facts of the report As per report, countries are largely turning...
India and majority members of OECD and G20 Inclusive Framework on Base Erosion & Profit Shifting adopted a high-level statement that outlines a consensus solution in a bid...
India recently notified Digital Tax threshold of two crore rupees and 300,00 users under the Significant Economic Presence principle. This threshold was notified for non-resident technology firms such...
The European Union recently announced that it is to completely ban the exports of unsorted plastic to poor countries. The new rules of the European Union will amend...
