Global Tax Rate
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India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
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Billionaires Should Pay Minimum Global Tax, EU Researchers Suggest
Billionaires should face a minimum tax rate, a new report suggested after it found that some of the world's mega-wealthy people are paying little to no tax.
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India Clocked 0.07 Percent Crypto Tax Payers; Over 99 Percent Global Investors Evaded Dues: Divly Report
It is estimated that only 0.07 percent of Indian crypto owners actually declared and paid their taxes in the year of 2022. The finding has been published by Divly, a Sweden-based tech research firm. With 4.09 percent, Finland clocked the maximum crypto tax payment rate, while India secured the 22nd rank on the index.
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Centre Raises Windfall Profit Tax On Crude Oil, Diesel Exports; New Rates To Apply From January 3
Tax rates were cut at the last fortnightly review on December 16, following a decline in global crude oil prices. International oil prices have since then firmed up, necessitating the raising of windfall tax.
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UK To Reverse Income Tax Cut That Sparked Market Turmoil, Plunge Pound
The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of income tax that helped to spark a rebellion in her party and turmoil in financial markets.
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Fuel Tax Cut Likely Eased Inflation In May, But Price Pressures Elevated
Surging retail inflation likely eased in May on lower fuel costs, but price pressures remain elevated, and the rate was expected to have held above the Reserve Bank of India's upper tolerance level of its 2-6 per cent target band for the fifth month in a row.
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Jeep Considering 4xe Plug-In-Hybrid Models For India
Jeep is planning to introduce its plug-in hybrid models under the 4xe range for the Indian market.
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"Increase Of Fuel Prices Through Taxes Is Extortion": P Chidambaram To NDTV
The comments from the top politician comes at a time when petrol and diesel prices in the country have been on rising spree in India, driven by a surge in global crude oil rates
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Global Tax Agreement "Historic", Major Advance In Fiscal Justice: France's Macron
French President Emmanuel Macron on Saturday hailed the "historic" agreement of 136 countries on setting a minimum tax rate for multinationals as a major advance in fiscal justice.
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India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal
A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
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EU Pauses Digital Tax Plan After US Push, but Ireland Sticks to Its Guns
The European Union agreed to delay a corporate tax plan for the bloc following pressure from the US administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.
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Amazon May Prove Exception to Minimum Global Tax Rate Rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
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Big Tech Said to Support Global Corporate Tax, but Wants Digital Services Levies Axed
US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 percent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.
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Apple, Google, Amazon, Other Tech Giants May Have to Pay Much Higher Taxes as G7 Nations Reach Landmark Deal
Apple, Google, Amazon among other multinational businesses could be subjected to more taxes as G7 nations reach a deal to pursue higher global taxation.
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Gold Price Today: Gold Futures Stuck In Rs 150 Range, Near Rs 49,000/10 Grams Mark
Gold Price Today: Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.
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India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
-
Billionaires Should Pay Minimum Global Tax, EU Researchers Suggest
Billionaires should face a minimum tax rate, a new report suggested after it found that some of the world's mega-wealthy people are paying little to no tax.
-
India Clocked 0.07 Percent Crypto Tax Payers; Over 99 Percent Global Investors Evaded Dues: Divly Report
It is estimated that only 0.07 percent of Indian crypto owners actually declared and paid their taxes in the year of 2022. The finding has been published by Divly, a Sweden-based tech research firm. With 4.09 percent, Finland clocked the maximum crypto tax payment rate, while India secured the 22nd rank on the index.
-
Centre Raises Windfall Profit Tax On Crude Oil, Diesel Exports; New Rates To Apply From January 3
Tax rates were cut at the last fortnightly review on December 16, following a decline in global crude oil prices. International oil prices have since then firmed up, necessitating the raising of windfall tax.
-
UK To Reverse Income Tax Cut That Sparked Market Turmoil, Plunge Pound
The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of income tax that helped to spark a rebellion in her party and turmoil in financial markets.
-
Fuel Tax Cut Likely Eased Inflation In May, But Price Pressures Elevated
Surging retail inflation likely eased in May on lower fuel costs, but price pressures remain elevated, and the rate was expected to have held above the Reserve Bank of India's upper tolerance level of its 2-6 per cent target band for the fifth month in a row.
-
Jeep Considering 4xe Plug-In-Hybrid Models For India
Jeep is planning to introduce its plug-in hybrid models under the 4xe range for the Indian market.
-
"Increase Of Fuel Prices Through Taxes Is Extortion": P Chidambaram To NDTV
The comments from the top politician comes at a time when petrol and diesel prices in the country have been on rising spree in India, driven by a surge in global crude oil rates
-
Global Tax Agreement "Historic", Major Advance In Fiscal Justice: France's Macron
French President Emmanuel Macron on Saturday hailed the "historic" agreement of 136 countries on setting a minimum tax rate for multinationals as a major advance in fiscal justice.
-
India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal
A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
-
EU Pauses Digital Tax Plan After US Push, but Ireland Sticks to Its Guns
The European Union agreed to delay a corporate tax plan for the bloc following pressure from the US administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.
-
Amazon May Prove Exception to Minimum Global Tax Rate Rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
-
Big Tech Said to Support Global Corporate Tax, but Wants Digital Services Levies Axed
US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 percent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.
-
Apple, Google, Amazon, Other Tech Giants May Have to Pay Much Higher Taxes as G7 Nations Reach Landmark Deal
Apple, Google, Amazon among other multinational businesses could be subjected to more taxes as G7 nations reach a deal to pursue higher global taxation.
-
Gold Price Today: Gold Futures Stuck In Rs 150 Range, Near Rs 49,000/10 Grams Mark
Gold Price Today: Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.
