Japan Tax Increases

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  Increase Tax On Cryptocurrencies, Says BJP's Sushil Kumar Modi

  BJP member Sushil Kumar Modi on Monday asked the government to increase tax on cryptocurrencies from the current rate of 30 per cent, saying it is a form of gambling and countries like Japan, German, France and Austria have imposed up to 55 per cent tax on it.

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  Japan Prime Minister Shinzo Abe Sets Sights On More Foreign Workers, Higher Sales Tax

  Japanese Prime Minister Shinzo Abe on Tuesday ordered his top advisory panel to consider ways to increase foreign workers to deal with the country's chronic labour shortages.

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  Honda And Hitachi Automotive Announce Joint Venture For Electric Vehicle Motors

  The Honda Motor Company and Hitachi Automotive Systems have announced a joint venture to design, develop and manufacture motors for future electric vehicles. The new company will be based out of Japan in the current premises of Hitachi Automotive Systems in Hitachinaka-shi, Ibaraki Prefecture and will also be receiving grants from the local governm...

• Fitch Downgrades Japan, Joins Moody's in Warning on Fiscal Policy

  Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase, the agency said on Monday.

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  Japan PM Shinzo Abe Seeks to Validate Policies Through Early Polls

  Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back into recession.

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  Japan Machinery Orders Rise, But Economy Concerns Linger

  Prime Minister Shinzo Abe is due to make a decision on the sales tax increase in December, looking at economic indicators in July-September for clues on whether the economy is strong enough to withstand the impact from the higher levy.

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  Indian gold premiums fall to 5-month low on supply hopes

  Demand for gold in Japan rose this week as consumers bought ahead of a sales tax increase, although buying was muted in the rest of Asia due to volatile prices, traders and dealers said.

• Japan preparing $53-billion economic stimulus package this week: report

  Japan will craft an economic stimulus package worth about $53 billion this week to bolster the economy ahead of an increase in the national sales tax in April, people familiar with the process said on Tuesday.

• Japan Q2 growth slower than expected, tax hike outlook uncertain

  The expansion was smaller than a downwardly revised 3.8 per cent increase in the first quarter, when the launch of Prime Minister Shinzo Abe's stimulus policies drove up share prices and led to exceptionally strong personal consumption.

• Bharat Forge Q4 net plunges 45% on higher tax, cost

  The company is increasing penetration in the passenger vehicle business both in Europe and North America.

• China beats Japan, become 2nd largest industrial manufacturer in World: UN

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Daiichi Sankyo group to expand its business scope in Japan

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Japan central bank keeps interest rate unchanged

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Stone India and Sumitomo Electric, Japan to extend their co-operation

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Japan 4Q GDP beats expectations, grows at 4.6%

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.