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FOREIGN NATIONALITY TAXATION CHINA
Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...- US sanctions have India cornered. BRICS charts an escape routeUS sanctions have significant implications on international trade, especially concerning countries like India. As BRICS countries explore a...
- Moscow accuses Japan of using journalists for espionageRussia has accused Japan of using journalists for espionage following the arrest of Japanese reporter Yuki Imai. The Russian authorities cl...
- Europe’s last penicillin plant faces a bitter fight against China’s cheaper drugsThe Sandoz penicillin plant in Kundl, Austria, is under threat from cheaper Chinese antibiotic production. European healthcare programs ben...
- Defence, debt, diplomacy: Sanae Takaichi's first year as Japan PMWednesday marks the first anniversary of Japanese Prime Minister Sanae Takaichi's leadership that has seen her alienate China, rattle marke...
- Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
- Vietnam's export boom offers India six lessons for growthVietnam’s export success offers India six lessons: simplify tariffs, strengthen top-level industry engagement, expand free trade access, ea...
- China defends DeepSeek after US ban of its AI from government systemsIn a fierce response to the US ban on DeepSeek's AI products, China has issued a grave warning about possible repercussions. The Department...
- Rubio backs US-Russia-China talks on nuclear arms control, says it would be ‘positive’ for worldMarco Rubio expressed support for high-level arms control discussions among the US, Russia, and China. He highlighted the importance of com...
- US Commission chair warns China Coast Guard patrols East of Taiwan are 'Highly Destabilising'China has increased its Coast Guard patrols near Taiwan, which raises concerns about regional stability and sovereignty claims. Randall Sch...
- After US DeepSeek order, China says it will protect firmsChina consistently opposes the over-generalisation of national security as well as the politicisation of science, technology and trade issu...
- Ladakh leader pushes ‘Aksai Hind’ name for territory occupied by ChinaTashi Gyalsan criticized China's claims regarding Ladakh's Union Territory status as baseless and unacceptable. He urged the Indian governm...
- Chinese patrols to Taiwan's east are 'destabilising', US Congress-appointed official saysUS officials highlight the destabilizing nature of China's coast guard patrols near Taiwan's east coast. Randall Schriver notes that such a...
- ET Exclusive: India weighs security checkpoint for Starlink, global satcom firmsThe Indian government is in discussions to create a hardware device for monitoring satellite communications from foreign providers. This de...
- Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv SubbaraoD Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that...
- China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
- Officials can deny benefits on Mauritius-routed investments if tax relief found sole motiveIndia has implemented a Principal Purpose Test in the India-Mauritius Double Taxation Avoidance Agreement. This test allows tax authorities...
- India tightens Mauritius tax treaty rules to prevent misuse of tax benefits, effective August 10The Finance Ministry has unveiled an important amendment to the India-Mauritius Double Taxation Avoidance Agreement. Effective August 10, t...
- SBI Research calls for abolition of LTCG tax on equities to boost foreign capital inflowsAccording to SBI Research, removing the long-term capital gains tax on equities could revitalize investment levels. The report emphasizes e...
- China sanctions Paraguay, Belize ministers over Taiwan tiesChina has announced sanctions against the communications minister of Paraguay and the foreign minister of Belize. These measures are in res...
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