Moscow [Russia] July 11 (ANI/Sputnik): President of the European Council Charles Michel has welcomed G20's support of the global corporate tax reform following the finance chiefs' backing of the landmark move.
Venice [Italy], July 11 (ANI): G20 Finance Ministers on Saturday approved a tax reform for multinationals that aims to put an end to tax havens by introducing a global corporate tax rate of at 15 per cent.
Paris (France) July 2 (ANI): US President Joe Biden's tax plan has been accepted by 130 countries worldwide including India and China. These nations will implement a global minimum corporate tax rate and duties on multinational giants from 2023, the Organization for Economic Cooperation and
Singapore, June 14 (ANI): Last week, the Group of Seven (G7) advanced economies announced that they have come to a preliminary agreement to set a global minimum corporate tax rate of 15 percent.
Mumbai (Maharashtra) [India], June 8 (ANI): Equity benchmark indices traded at flattish levels during early hours on Tuesday despite positive global cues with metal stocks taking a hit.
London [UK], June 5 (ANI): The Group of Seven (G7) agreed on Saturday to reform the global tax system to make multinationals and tech giants like Apple and Amazon shell out a higher fiscal contribution in countries where they do business.
New Delhi [India], February 10 (ANI): The income tax department on Wednesday said it has issued over Rs 1.91 lakh crore worth refunds to over 1.87 crore taxpayers between April 1, 2020, to February 8, 2021.
New York [US], January 5 (ANI/Sputnik): Wall Street began 2021 with its worst loss since November as US stocks sold off on worries about the protracted coronavirus crisis and fears the incoming president Joe Biden might raise corporate taxes if the Democrat party wins control of the Senate a
Moscow [Russia], December 4 (ANI/Sputnik): The European Commission has ordered Italy to remove the corporate tax exemptions currently in force at the country's ports in order to abide by the bloc's rules on state aid, according to a press release published on Friday.
New Delhi [India], November 4 (ANI): The Central Board of Direct Taxes (CBDT) has so far issued over Rs 1,29,190 crores in refunds to over 39.49 lakh taxpayers from April till November 3, stated the Income Tax Department on Wednesday.
New Delhi [India], October 7 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,21,607 crore to more than 35.93 lakh taxpayers between April 1, 2020, and October 6, 2020, said the Income Tax Department on Wednesday.
New Delhi [India], September 30 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds over Rs 1,18,324 crore to more than 33.54 lakh taxpayers between April 1, 2020, to September 29, 2020, said the Income Tax Department on Wednesday.