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EU CORPORATE TAX PROPOSAL
Need to have multiple routes under IMEC: French Special envoyGérard Mestrallet emphasized the significance of developing diverse routes for the India-Middle East-Europe Economic Corridor, especially i...
Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: SourcesThe 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, wil...
EU vows AI rules will protect Europeans. Will they?The EU says its AI Act is strong enough to address risks from advanced AI systems, including loss-of-control incidents, but lawmakers and e...
Gold imports by nominated agencies may come under GST as Council weighs tax parityThe GST Council is set to meet on October 8, focusing on whether government agencies should be brought under the GST regime. As it stands, ...
GST shake-up: Council may rejig tax officers' panelsThe GST Council is likely to recast its tax officers' committees to make them leaner as the system matures. It is proposed to reduce the cu...
GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...
GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payoutThe upcoming 57th GST Council meeting on October 7 is set to unveil transformative proposals that could reshape GST regulations. Key sugges...
Ukraine scrambles for money to fight war as Russian strikes batter economyKryvyi Rih, the hometown of President Volodymyr Zelenskiy, is severely impacted by Russian airstrikes disrupting economic activities. The c...
Ease of biz relief in store for small ecomm sellersThe Goods and Services Tax Council meeting is set to discuss proposals benefitting small ecommerce sellers. If approved, these sellers coul...
UK weighs tariffs on Chinese EVs amid ‘dumping’ concerns: ReportBritain is contemplating the implementation of tariffs on Chinese electric vehicle imports in the near future. This consideration arises fr...
GST 2.0's next move: Council may scrap officers' arrest powers, raise prosecution bar to Rs 5 croreThe GST Council is weighing changes to GST enforcement, including ending officials' arrest powers and shifting to court-ordered arrests. Cr...
Jaishankar says India-EU FTA will be a "real game changer" for tiesIndia and the European Union are working towards a Free Trade Agreement that aims to strengthen their economic ties. External Affairs Minis...
India should tax capital income, not wealth or inheritance: Economist Daniel WaldenstromIndia should focus on taxing capital income, such as corporate profits and dividends, to address inequality. Economist Daniel Waldenstrom s...
BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10Mumbai movie tickets could become Rs 5-10 more expensive if the BMC raises its per-show entertainment tax from Rs 60 to Rs 400. Exhibitors ...
ALPA India seeks tax relief for pilots in FY28 BudgetALPA India has called for tax relief measures to address the ongoing attrition of Indian pilots. The organization argues that the current t...
EU should use Google fines to cut member state contributions to budget, France saysThe European Union should use the proceeds of the billions of euros in fines imposed on Google to reduce the contribution of member states ...
EU members approve five big pan-European defence projectsEU members approved five major defence projects which now become eligible for EU funding to enhance security. These projects include a focu...