India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
A NATO ally runs on 80% Russian oil while Trump targets IndiaHungary, a NATO member, significantly relies on Russian oil, sourcing over 80% of its crude from Moscow, a move that has drawn criticism fr...
These are the countries that will lose the most from Donald Trump's 100% tariffs on foreign-made movies; he may also offer tax incentives to HollywoodDonald Trump movie tariffs are turning heads in Hollywood and beyond. Trump now wants a 100% tariff on foreign-made films, claiming it's a ...
EU prolongs its Russia sanctions for 6 months after Hungary lifts its objectionsThe EU extended sanctions against Russia for six months targeting trade, finance, energy, and more, after Hungary lifted objections followi...
Borderless Europe fights brain drain as talent heads northPortugal is attempting to curb its brain drain by offering significant tax breaks and housing assistance to young workers, hoping to stem t...
A move by Hungary could end up costing tourists a lot more to visit BudapestHungary is taking steps to combat overtourism in Budapest by nearly quadrupling the tax on short-term rentals and freezing new licenses for...
EU nations commit to global minimum tax...Finance ministers from five of the largest EU economies said at a meeting in Prague on Friday they will strengthen their commitment to the ...
Global minimum tax deal: Everything you need to knowThe G20 nations are now expected to endorse a provisional deal reached under the auspices of the OECD, adding momentum to reach a final dea...
Tax on digital transactions: Discussions or a stalemate with the European Union?India isn't alone in levying tax on digital transactions. With talks at the OECD on a global deal making little headway, a number of countr...
“We are fed up of powers lecturing countries on internal affairs”: Hungarian FM“Hungary does not interfere in internal matters of other nations. We are fed up. We are fed up of outside powers lecturing us on internal m...
Apollo Tyres to invest 442.2 mn euros for new plant in HungaryThe company decided to go ahead with the new plant in Eastern Europe after its failed $2.5 billion takeover os US-based Cooper Tire.
- EU to freeze funds for Hungary, send message on deficits
EU finance ministers are planning to freeze 495 million euros in aid to Hungary on Tuesday for failing to control its budget deficit, diplo...
- Hungary's tough new laws worry other EU countries
Insiders, meanwhile, say that senior officials of the European Commission - the EU government - are extremely displeased both with Orban's ...
- G-20: India prefers tighter financial rules to EU-style bank tax
India on Monday favoured tighter financial regulations, as opposed to an European Union proposal to tax banks to pay for future crisis, to ...
- Hungary backtracks on talk about default
Hungary's govt tried to calm investors and distanced itself from earlier comments claiming that the country was close to default. Greece cr...
- Hungary backtracks on talk about default
Hungarian State Secretary Mihaly Varga says recent comments by government officials talking about Hungary being close to defaulting on its ...
- Indian employees are highest tax payers in Asia: Report
Indian employees take a deduction of as much as 29.1% from their gross salary, against just 5% in the UAE, states a Mercer report. Cut tax ...