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Rupee vs dollar: Rupee rises 45 paise to 75.27 amid weak dollar, fund inflows

At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close




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Tax-News.com: German Lawmakers Agree Climate Package

On December 18, 2019, the mediation committee of the lower and upper houses of the German parliament (Bundestag and Bundesrat) announced an agreement on the Government's climate legislation, which includes several tax measures.




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Coronavirus: 6-week-old baby dies due to COVID-19 in England

UK COVID-19 news: The death comes as Britain prepares for some easing in the strict lockdown measures in place to curb the spread of the deadly virus as it is believed that Britain is past the peak of the pandemic




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Not allowing trains for stranded migrants injustice: Amit Shah tells Mamata Banerjee

In a letter to Banerjee, Shah accused the Bengal government of not allowing "shramik (worker)" trains to reach Bengal and warned that non-cooperation would create hardship for state's migrants




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Facebook allows employees to work from home until year end

The US-based firm also expects most offices to stay closed until July 6. Facebook currently employs 48,268 people, an increase of 28 percent (year-over-year)




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Rs 411 crore loan defaulters flee country, SBI complains to CBI after 4 years

The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita, for defrauding Rs 414 crore




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RSS feeds

For more RSS news feeds click the link above.




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Coronavirus outbreak: Credit flow to MSMEs needs to grow 20% from 2% to address growing unemployment

A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector




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Coronavirus crisis: Why television industry is bleeding despite record consumption

While marketing and promotional activity is not an immediate priority for advertisers struggling to re-build their own businesses, revenues will remain subdued through the middle of 2021




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Coronavirus impact: What Indian companies need to do to survive in a post COVID-19 world

Companies' success in the next 18 months won't be determined by their growth or profitability, but merely by their ability to survive and not run out of cash




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Tax-News.com: Hong Kong Seeking To Improve Insurance Tax Incentives

The Financial Services Development Council released a report on March 3 on the policies, including tax measures, Hong Kong could adopt to improve its position as an insurance hub, especially in reinsurance, marine insurance, and captives.




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Tax-News.com: Greek Shipowners Agree Extra Tax Payments

The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government.




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Tax-News.com: Greek Shipping Firms Unhappy With Tax Regime

Tax regime instability has been cited by Greek shipping companies as a reason why they would consider switching to an alternative jurisdiction, according to a report by EY.




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Tax-News.com: Norway's Reelected Conservatives Pledge Tax Cuts

Norway's reelected Conservative Prime Minister, Erna Solberg, has pledged tax cuts for companies to encourage higher investment, job creation, and economic growth.




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Tax-News.com: European, African States To Review Free Trade Agreement

The European Free Trade Association states (Iceland, Liechtenstein, Norway, and Switzerland), and the South African Customs Union have begun negotiations to review their existing free trade agreement.




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Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area.




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Tax-News.com: Singapore, Sri Lanka Sign Free Trade Pact

Sri Lanka signed its first ever comprehensive free trade agreement on January 23, with Singapore.




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Tax-News.com: Singaporean Emitters Seek Progressive Carbon Tax Regime

Singapore is engaging businesses on tweaking the design of its new carbon tax, which is proposed to be in place by 2019.




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Tax-News.com: TPP Nations Agree To Continue Without US

The remaining eleven signatories to the Trans Pacific Partnership pact have agreed to seek an accord without the United States.




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Tax-News.com: TPP11 Explore Plan B Agreement In Japan

Following agreement reached by the remaining signatories to the Trans-Pacific Partnership earlier this year to push ahead following US President Donald Trump's withdrawal of the United States from the pact, Japan has taken the lead with regard to formulating a plan B for the agreement.




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Tax-News.com: European Free Trade Association Sets Out 2017 Priorities

The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year.




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Tax-News.com: Malaysian Taxpayers Seek 'Fairer' Tax System

The Consumers Association of Penang (CAP) has called on the Malaysian Government to reintroduce inheritance tax in the Budget 2018.




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Tax-News.com: Canada Agrees To Exploratory ASEAN Trade Talks

Canada and representatives from the ASEAN member states have agreed to launch exploratory discussions to determine the potential for a free trade agreement.




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Tax-News.com: Hong Kong, ASEAN Conclude Free Trade Talks

Hong Kong has announced the conclusion of free trade agreement negotiations with the Association of South East Asian Nations.




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Tax-News.com: Australia Seeking To Expand FTA Network

The Australian Government has said that it intends to extend its network of free trade agreements, as part of its new foreign policy agenda.




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Tax-News.com: Malaysia Updates Mutual Agreement Procedure Guidelines

Malaysia's Inland Revenue Board on January 11, 2018, released guidelines on applying for the resolution of double tax cases through the Mutual Agreement Procedure.




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Tax-News.com: Finnish Government Reaches 2019 Budget Agreement

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies.




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Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.




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Tax-News.com: Finnish Budget For 2020 Agreed

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals.




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Tax-News.com: Greek 2020 Budget Submitted

On October 7, 2019, the Greek Ministry of Finance presented to parliament the 2020 Budget, which includes numerous tax cut measures announced recently by Prime Minister Kyriakos Mitsotakis.




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Tax-News.com: LLB-Switzerland Signs US Non-Prosecution Agreement

On August 5, 2019, the US Department of Justice announced that Swiss bank LLB Verwaltung (Switzerland) AG has agreed to pay a penalty of USD10.6m to resolve a case in which it was accused of helping US clients to conceal income.




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Touch-screens That can Sense Hand Movements

Scientists at Microsoft Corporation's lab in the UK have developed a prototype interactive touch-screen that can see and recognize one's hand movements and anything near its surface.




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Program of Protected Time for Sleep Improves Morning Alertness for Medical Interns: Study

A study to determine whether a protected sleep period of 5 hours is feasible and effective in increasing the time slept by interns on extended duty overnight shifts was conducted by Kevin G.




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39 Dengue Cases Reported in Delhi, Union Health Minister J.P. Nadda Holds Meeting

Dengue fever is a vector-borne tropical disease caused by the dengue virus. 39 dengue cases have been reported in Delhi so far, a civic body report said.




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Three More Dengue Cases Reported in Pakistan, Total Cases Rise to 37

Three more patients were confirmed infected with dengue in Rawalpindi in Pakistan. Authorities there are gearing up to tackle the rising cases of the mosquito-borne disease.




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No Need to Panic Over Chikungunya and Dengue: Delhi's Aam Aadmi Party

Chikungunya has affected tens of thousands across New Delhi. Cases of viral fever and dengue are also rampant. There is no need to panic over the spread




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COVID-19 Lockdown: Increase Family Time to Limit Your Child's Screen Time

Highlights: Most kids are being glued to mobile phones due to COVID-19 social distancing Staying indoors a




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Good News to Mothers: Breastfeeding Helps Prevent Diabetes

Highlights: Breastfeeding may lower a woman's risk of developing diabetes later in life Pregnant women wi




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Tax-News.com: Mexico Ratifies New North American Free Trade Deal

Mexico has completed its domestic ratification procedures in respect of the new US-Mexico-Canada Agreement (USMCA), which will replace the North American Free Trade Agreement, with the US and Canada.




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Tax-News.com: India Cabinet Agrees Cypriot Tax Treaty Changes

The Indian Cabinet on August 24 approved the signature of a double tax agreement protocol with Cyprus that would tackle "round tripping" and base erosion and profit shifting.




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Tax-News.com: Cyprus, Saudi Arabia Negotiate Double Tax Agreement

Cyprus's Ministry of Finance says the island has signed a double tax agreement with Saudi Arabia with respect to taxes on income and for the prevention of tax evasion.




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Tax-News.com: EU Extends Anti-Dumping Tariffs On Chinese Steel

The EU is to apply existing anti-dumping measures on Chinese imports of seamless pipes and tubes of stainless steel for another five years.




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Tax-News.com: OECD Seeks Feedback On Dispute Resolution In Ten Jurisdictions

The OECD has requested stakeholders' input on the dispute resolution processes in place in Andorra, Anguilla, Bahamas, Bermuda, the British Virgin Islands, the Cayman Islands, the Faroe Islands, Macau (China), Morocco, and Tunisia.




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Tax-News.com: OECD Releases Eight New Action 14 Peer Reviews

The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution.




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Chloroquine Poisoning Reported in Three Nigerians

The government of Nigeria has issued a warning over the use of chloroquine to treat COVID-19, after three people got overdosed, and hospitalized due to poisoning.




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Aspirin a Day Does Not Keep Dementia at Bay, Says Study

Daily dose of aspirin provided no benefit to study participants at either preventing dementia or slowing cognitive decline, stated study published in




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Medication Needs of Masses Changes Due to COVIDd-19

The pandemic has suddenly changed the medication needs of masses with a clear preference being shown for respiratory, anti-diabetic, cardiac therapies.




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Tax-News.com: Switzerland, Italy Agree Tax Deal Covering Campione d'Italia

Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia.




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Tax-News.com: EFTA And Mercosur Blocs Conclude Free Trade Deal

The European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland) and the Mercosur group of countries (Argentina, Brazil, Paraguay, and Uruguay) concluded in substance a broad-based free trade agreement at the tenth round of negotiations from August 20 to 23, 2019.




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Tax-News.com: Slovenia To Launch VAT Probe Into Consignees

The Slovenian tax authority announced on July 9, 2019, that it will increase tax compliance checks on companies carrying out certain services for foreign e-commerce platforms to ensure they are charging VAT when required.