Global Market: OECD sees Bank of Japan raising rates to 2% by 2027 amid inflation shiftJapan's central bank might increase interest rates to two percent by late 2027. This move signals confidence in Japan's economy moving past...
13 May, 2026, 09.34 AM IST
India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closureIndia has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring ...
11 May, 2026, 11.51 PM IST
JP Morgan sees Brent staying in low $100s even if Hormuz reopens in JuneJP Morgan's revised framework assumes that the pace of oil inventory depletion will ultimately force the Strait to reopen "one way or ano...
11 May, 2026, 08.58 PM IST
Experts back OTC access to NRT across all formats and dosages, including 2 mg and 4 mg, as India struggles with a Tobacco quit success rate under 5%The report highlights the significant economic burden of tobacco use, particularly among low-income households, and underscores how reducin...
08 May, 2026, 06.48 PM IST
G7 calls for 'ambitious review' of OECD aid rules, pushes reform agendaG7 ministers called for a significant review of OECD's DAC to incorporate private capital and non-traditional finance. The aim is to simpli...
30 Apr, 2026, 10.50 PM IST
G20 leaders commit to engage on global minimum tax, address challenges from digitalisation of economyG20 leaders committed to constructive engagement on global minimum tax and digitalization tax challenges, aiming for a balanced solution wh...
23 Nov, 2025, 07.30 PM IST
View: UN framework, more or less taxing?India, along with 110 other countries, has voted in favor of a UN Tax Convention Framework, despite opposition from 48 wealthy OECD members...
28 Dec, 2023, 11.13 PM IST
Historic move set in motion for equitable shift in global tax power; India votes for changeIndia voted for a change along with 125 countries in favour of a resolution calling for a 'UN tax convention'. The resolution was passed in...
24 Nov, 2023, 04.59 PM IST
15% global minimum tax to come into effect next year: OECDGlobal minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per cent of MNCs having revenues of more 750 m...
18 Jul, 2023, 01.27 PM IST
'Global info-sharing rules won't end sovereign freedom to ban cryptos'The OECD presented a framework for reporting crypto assets to the G-20 finance ministers in Washington last week. The think-tank is expecte...
19 Oct, 2022, 11.35 PM IST
OECD finalises global framework on cryptocurrencyThe core of the framework is automatic exchange of information between countries and mandatory customer identification as part of the due d...
11 Oct, 2022, 10.54 AM IST
Multinationals want clarity on scope of equalisation levy after OECD dealIn 2020, the government had expanded the scope of the equalisation levy in a bid to tax internet giants' digital advertising revenues from ...
17 Oct, 2021, 07.42 AM IST
Facebook, Google, others may tweak structures to comply with OECD tax dealWhat adds to the complexity is that India will have to withdraw the equalisation levy — a 6% tax on advertising on foreign platforms and 2%...
11 Oct, 2021, 05.55 AM IST
Digital tax on US multinationals: Joe Biden election adds to the twistUnder the Base Erosion and Profit Shifting (BEPS) framework, large economies—barring the US—have come together to tax the global income of ...
10 Nov, 2020, 08.01 PM IST
Global tax war ahead: After no consensus in OECD; Facebook, Google, Amazon, LinkedIn could face domestic taxesOECD was expected to come out with a common tax framework by December this year, now it's expected to do so mid-next year. This could mean ...
14 Oct, 2020, 05.26 PM IST
Facebook's Zuckerberg wants 'new framework' for digital taxWashington has slammed the move as discriminatory, but both sides agreed last month to pursue a global framework under the aegis of the Org...
14 Feb, 2020, 12.29 PM IST
Cyprus, three others fail global tax test; India fully compliantA worldwide crackdown on illicit funds left just four jurisdictions non-compliant with global tax laws, while India has emerged as 'fully c...
24 Nov, 2013, 02.17 PM IST