GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...
GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik JainPwC’s Pratik Jain said the GST Council’s latest measures mark the third phase of the tax reform, shifting focus to bolder policy changes an...
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
Global Market: China stocks slide as tech valuations face earnings testChinese stocks fell after the holiday break amid renewed US-China tensions, higher US Treasury yields and concerns over elevated technology...
Fed minutes show some officials want to prepare for market stressFederal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expres...
Pimco touts diversification need as yields lure at 24-year highAccording to Pimco, bond yields are at unprecedented peaks, offering lucrative income opportunities for investors. The firm recommends allo...
GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
As Brazil gears up for elections, US midterms signal a transformative year for global politics and democracyBrazil is preparing for a closely watched presidential election involving incumbent Luiz Inacio Lula da Silva and challenger Flavio Bolsona...
Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
Global Market: Chinese stocks struggle near one-year lows as policy support disappointsChinese blue-chip stocks stayed near one-year lows despite Beijing’s latest credit, mortgage and investment support measures. The CSI 300 w...
Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
Why is your $1,390 IRS payment missing? What Americans need to know about the payment rumor and Trump’s $2,000 tariff dividendIRS relief payment and $2,000 tariff dividend: Rumors of a new federal stimulus check are circulating online again. Digital posts and unsol...
Japanese Mindset: 'Natsukashii'- The Japanese philosophy of bittersweet nostalgia that brings the past back to lifeNatsukashii is a Japanese term that encapsulates the complex feelings associated with bittersweet nostalgia. This feeling occurs when small...
Steady Japan seek China inspiration to close gap in home AsiadJapan is progressing steadily in medal count during the Asian Games and seeks to surpass its previous record. The country's officials are f...
US Market | Fed has sufficient reserves, strong rate control framework: PerliNew York Fed official Roberto Perli said the Federal Reserve has maintained effective control over short-term interest rates and sufficient...
In 2018, CRF measured coral restoration's economic ripple across Florida Keys for 5 years. 7 years later, researchers found up to 144% local economic contribution per dollar spentCoral restoration activities in the Florida Keys generated significant economic returns. For every dollar invested, restoration contributed...
India’s ‘sugar high’ warrants caution on RBI hikes, JPMorgan Chase & Co.’s Jahangir Aziz saysJPMorgan's Jahangir Aziz suggests India's economy is experiencing a temporary "sugar high" from past stimulus. He believes markets are anti...