India, US reach settlement on 2% equalisation levy

New Delhi: India and the United States have reached an agreement to settle differences relating to…

G20 leaders approve global tax reform deal

G20 leaders have formally endorsed the global agreement for a minimum 15 percent corporate tax, US…

OECD global tax deal: Large Indian companies rethink overseas investment plans

Several large Indian companies exploring outbound investments have put their plans on hold following a global…

Oil prices rise on tight supply, set for weekly gain of more than 2%

By Sonali Paul MELBOURNE (Reuters) – Oil prices climbed on Friday, heading…

Google, Facebook and Netflix to pay a minimum global tax at 15%

Representatives from 136 nations, including India has finalised a global tax deal which will…

OECD deal: MNCs will be subject to a minimum tax of 15% from 2023

Multinational corporations will be subject to a minimum tax of 15% from 2023, in a major…

China can withstand Evergrande ‘shock’, says OECD chief economist

China’s economy can cope with the fallout from the possible collapse of debt-riddled property giant Evergrande…

OECD urges rich nations to share Covid-19 vaccines to even-up growth

A leading international economic watchdog urged developed countries to put more effort into providing…

OPEC+ sticks to agreed schedule for oil-production increases

OPEC and its allies agreed to stick to their existing plan for gradual monthly…

Digital taxation proposal: Why it’s complicated and not good for India

The July 1 proposal by the OECD (Organisation for Economic Cooperation and Development) for digital taxation…