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OECD COMPARISON
Right date with net zeroIndia is targeting net-zero emissions by 2070, a goal that is economically viable and comparable to the commitments of industrialized natio...
India rises in digital and sustainable trade facilitation rankings, scores 100% on transparency"The Survey notes that India is the best performing country when compared to South and South West Asia region (63.12%) and Asia Pacific reg...
Real-economy stirrings show US leaves Europe in the dustWhile some US health experts express concern at the loosening or outright dropping of COVID-19 restrictions by many states, the outcome for...
Growth leads to debt sustainability, says Economic Survey"With the Indian context of potential high growth, the interest rate on debt paid by the Indian government has been less than India's growt...
India should focus on undoing pandemic-induced education inequality: Abhijit Banerjee“India has been slower than other countries at opening schools. This is potentially frightening because we know there is already massive in...
Taxing Google, Amazon: India’s equalization levy suffers from ambiguities on applicabilityThe first instalment of EL 2.0 was due on 7 July 2020. The stakeholders expected the government to defer the levy for some time, considerin...
New Singapore treaty harsher than GAAR, may impact FPI flows into IndiaInvestors based out of Singapore continue to avail several tax benefits for putting money in India.
Help fast track commercial dispute cases: Law Ministry to CJIReferring to the annual 'Doing Business' report of the World Bank, Prasad said India's ranking has improved from 178 lowest rank in 2016 to...
India improves position in financial transparencyAccording to the global FSI report released by TJN, India ranked 45 in the list of 92 countries in 2015 in comparison to 32 in 2013, which ...
Hammer of BEPS on Harmful Tax Practices in disregard of transparency and substanceAs part of its initiative, the Forum on Harmful Tax Practices (FHTP or Forum) set up in 1998 is activated with renewed focus on substance.
Government has little room for tax concessions, says Jayant Sinha"Our challenge right now is that we have very little room for tax concessions," Sinha said during a post budget session organised by indust...
Why OECD saying India is the third largest economy means much lessBeing called the No.3 economy is feel-good, but India still remains behind many countries, some of which have suffered more than us in civi...
- India's income inequality has doubled in 20 years
Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economie...
- India needs tighter policy to prevent asset bubbles: OECD
OECD today warned that emerging economies are facing a danger of overheating and called for much tighter monetary policies in countries lik...
- Base transfer pricing on pre-depreciation profits: ITAT
The tribunal, a JV between Motherson Sumi Systems India and Germany-based Schefenacker International, sent the adjustment back to the trans...
- Oil demand slowing as US changes lifestyle: IEA
World oil demand this year would average 86.8 million barrels per day, an increase of 700,000 barrels per day or 0.8% from the 2007 level. ...
- Unspecified transfer pricing: Look beyond prescription
India, an emerging economic powerhouse, is no longer a topic of debate. It is now a proven fact evident with the ever-growing presence of m...