Search For "global tax"
InCorp Advisory, an Ascentium Group Company, Acquires Tech-Enabled Global
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 27: InCorp Advisory, an Ascentium Group company, a leading global business services platform, has announced the acquisition of TMSL, a leading global technology-enabled tax services business. TMSL's credentials in GST, Indirect Tax, and technology-led Ro
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SC rules Tiger Global structure impermissible tax-avoidance, allows Revenu
Updated : 4 months, 2 weeks ago IST
The appeals arose from the sale of shares of Flipkart Singapore, which derived substantial value from assets located in India, by Tiger Global's Mauritius entities to a Luxembourg-based buyer as part of Walmart Inc.'s acquisition of Flipkart. While the Delhi High Court had held that the a
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India shows strong public trust in tax system: Global survey
Updated : 5 months ago IST
India continues to demonstrate relatively high public trust in its tax system, with strong tax morale and a growing perception of taxation as a civic responsibility, according to a new international survey released by global accountancy and policy bodies.
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India leads global tax policy shift amid expanding digital economy: CBDT J
Updated : 6 months, 4 weeks ago IST
India has taken a proactive stance in adapting tax laws to the digital era and the rise of borderless digital businesses challenges traditional taxation, and India leads globally in ensuring fair, transparent, and equitable revenue distribution, Varunesh Mishra, Joint Commissioner of Income
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India working on multilateral tax certainty framework, says principal comm
Updated : 6 months, 4 weeks ago IST
"Multilateral certainties are required and we are working on them as a continuous process. Once the decision is taken and when it has to come, it will certainly come forward," he said, referring to the multilateral tax certainty framework, on the sidelines of the International Tax Summit in
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India's outbound investments surge 67% in FY25, driven by ESG, GIFT City,
Updated : 9 months, 2 weeks ago IST
India's outbound investments jumped by 67.74 per cent to USD 41.6 billion in FY2024-25 from USD 24.8 billion in FY2023-24, as per EY's new report "India abroad: Navigating the global landscape for overseas investment - 2025."
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G7 back new 'side-by-side' tax proposal exempting American, UK firms from
Updated : 11 months, 1 week ago IST
The companies of America and UK will be exempted from certain elements of the existing global tax agreement as United States and the Group of Seven (G7) nations have agreed to support a new proposal, according to the press release issued by G7.
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US-India tax forum proposes bold reforms ahead of Union Budget 2025-26 to
Updated : 1 year, 4 months ago IST
Comprising around 200 member companies, the Forum serves as a platform for dialogue on critical tax policy issues, connecting Government of India policymakers, global tax experts, and the business community to champion innovative and forward-thinking tax reforms.
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11 Asian members identified EUR20.1 billion in additional revenue: Tax Tra
Updated : 3 years, 1 month ago IST
The Tax Transparency in Asia 2023 report, released on Thursday, is the first progress report of the Asia Initiative. It provides an overview of the progress achieved in Asia between 2009 and 2022, the year of the establishment of the Asia Initiative. Asia Initiative is a regional programme l
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OECD develops new global crypto asset reporting framework
Updated : 3 years, 7 months ago IST
New Delhi, October 11 (ANI): The Organisation for Economic Co-operation and Development (OECD) has developed a new global tax transparency framework for reporting and exchange of information related to crypto assets.
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Emerging economies likely to recover speedily from COVID-19 effect, says N
Updated : 4 years, 7 months ago IST
Boston [United States], October 13 (ANI): Finance Minister Nirmala Sitharaman has said that emerging economies are likely to recover speedily from the effects of COVID-19 and India will be one of the highest growing economies.
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European Council head welcomes G20 support to Global Tax reform
Updated : 4 years, 10 months ago IST
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.
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