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Tax-News.com: Norway's Tax Refunds For Ship Owners Approved

The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners.




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Tax-News.com: South Africa Consults On Diesel Fuel Tax Refund Overhaul

The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries.




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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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Super expensive BMW launched in India! Luxury car M8 coupe costs Rs 2.15 crore

Both cars come with eight-speed steptronic sport automatic transmission and a host of safety features like six airbags, attentiveness assistance, dynamic stability control, including dynamic traction control, anti-lock braking system and electric parking brake




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Coronavirus lockdown: JK Tyre to resume partial operations across country

The company has also resumed operations at its global research and development hub located in Mysore, Karnataka




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Reliance Jio launches Rs 2,399 annual data plan for 'work from home' users; check out details

Jio has also announced new add-on data packs under work from home theme




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Tax-News.com: Singapore Announces Plans For GST Reforms

Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies.




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Tax-News.com: Malaysia Announces Palm Oil Export Tax Rate For Sept

Malaysia has decided to keep the crude palm oil export duty at 5.5 percent next month, despite higher Indian taxes on imports, which are expected to dent demand.




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Franklin Templeton Debt Fund crisis: When and how much money will investors get back

Franklin Templeton: The fund house has not given any clear indication about the possible timeline within which it will liquidate all its investments and return investors' money




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Coronavirus outbreak propels pharma funds forward; should you invest?

Experts believe there was already a visible turnaround in the pharma sector, both on the domestic as well as on the exports side even before any traces of COVID-19




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Will RBI's Rs 50,000 crore boost for mutual funds allay investors' fears?

Besides lending against securities held by MFs, banks have been allowed by the RBI to do outright purchase of more than 25 per cent of Hold Till Maturity (HTM) securities in mutual funds portfolios in the absence of liquidity in the secondary market




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BT Insight: Where 6 Franklin Templeton funds got stuck; recovery tougher

Franklin Templeton Debt crisis: FT investors can hope to get better realisation of their locked investment if the market sentiment improves




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Coronavirus impact: Equity MF inflows plunge 47% in April as investors turn cautious

Coronavirus news: Fears ran amok that Franklin Templeton closing its six debt mutual fund schemes may trigger outflows from debt mutual funds. However, net outflows were only seen in credit risk and medium duration categories




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Coronavirus lockdown: Cash crunch? Don't sell your mutual funds, take a loan against it!

When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI




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Tax-News.com: FASB Issues New Accounting Rules For Audiovisual Content Producers

On March 6, 2019, the Financial Accounting Standards Board issued an Accounting Standards Update that is intended to help organizations align their accounting for production costs for films and episodic content produced for television and streaming services.




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Tax-News.com: France To Flesh Out Tax Cut Plans In June

French Prime Minister Edouard Philippe announced on April 30, 2019, that plans for reductions in personal and corporate income tax will be released by the Government in June 2019.




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Tax-News.com: South African Carbon Tax Introduced On June 1

On May 26, 2019, South African President Cyril Ramaphosa signed into law the Carbon Tax Act No 15 of 2019, which came into effect on June 1, 2019, as announced by the Minister of Finance in the 2019 Budget.




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Tax-News.com: Hungary Announces Tax Cut Plan

On May 31, 2019, the Hungarian Ministry of Finance announced numerous tax cuts as part of an economic growth plan.




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Tax-News.com: Hungarian Lawmakers To Decide On Tax Cuts Plan

Hungary's 2020 Budget law is before parliament for approval. Most tax-related proposals would become effective from the start of 2020.




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Tax-News.com: Hungarian Government Submits Tax Bill

On November 12, 2019, Hungary's Ministry of Finance announced that it has submitted to parliament the seventh and final part of its Economic Action Plan, which includes various tax measures.




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Tax-News.com: UK Announces Digital Tax, Corporate Tax Reforms In New Budget

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses.




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Tax-News.com: Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises.




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ICU Misdiagnoses may Account for as Many Annual Deaths as Breast Cancer: Johns Hopkins Team

According to a recent study, each year as many as 40,500 critically ill U.S. hospital patients die with an unknown medical condition that may have caused or contributed to their death.




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In Myanmar Apollo Launches Telemedicine Service

An official said that the people of Myanmar can now get access to quality treatment and latest medical technology in India with the Apollo Group of Hospitals




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Philippines: First Asian Country to Approve Sale of Dengue Vaccine

Dengvaxia, manufactured by French pharmaceutical giant Sanofi, secured its first regulatory approval in Mexico a fortnight ago and is currently being




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New Dengue Case Reported in Delhi's Okhla: South Delhi Municipal Corporation

In 2015, as many as 15,867 cases of dengue were reported in Delhi. A case of dengue has been reported from Okhla area of the national capital, reported an official.




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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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Union Health Ministry Asks All States to Cap Dengue Test Costs at Rs. 600

Private laboratories and hospitals were overcharging patients for dengue tests, reported recent media reports. Following these reports the Union Health




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Chikungunya Cases in New Delhi Have Risen Up to 432, and Dengue Cases to 487

A typical chikungunya patient manifests high-grade fever, severe joint pain, headache, muscle pain, joint swelling, or rash. In order to prevent




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New Delhi Doctors Fall Prey to Dengue, Chikungunya as Cases Soar

A total of 487 cases of dengue and 432 cases of chikungunya have been reported in New Delhi till August 27, 2016, revealed the South Delhi Municipal Corporation.




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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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Delhi Reports Over 2,600 Chikungunya Cases Till September 17, 2016

Delhi has reported 220 new cases of dengue in the last one week while the total number of new chikungunya cases for the same period stands at 628. A




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Zika's Immune Response can Harm Fetal Health

Antiviral protein that gives immune response to Zika viral infection in mothers may harm the placenta and fetal development, according to a study led by scientists at Yale.




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Common Toiletry Antimicrobial Compound Prevents Malarial Spread

Target genes in the malaria parasite can be inhibited by triclosan, an antimicrobial compound used in soap, toothpaste, deodorant and many other products, finds a new study.




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Identifying Dengue 'Hot Spots' can Predict Chikungunya, Zika Outbreaks

Outbreaks of chikungunya and Zika viral diseases can now be predicted by identifying dengue fever "hot spots". Dengue, chikungunya and Zika viral disease




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Dengue Virus Immunity may Offer Protection Against Zika Symptoms

In children, previous infection with dengue virus was found to protect them from symptomatic Zika, according to a study published in the open-access journal




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Zika in Fetuses May Cause Brain Abnormalities in Young

Researchers have found that mild Zika virus infection in fetuses can cause abnormal brain development in apparently healthy young animals this might be applicable to humans as well.




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Plant Based Compound Improves Response to Dengue Vaccine: Study

Plant-based compound called halofuginone improves the immune response to a potential vaccine against dengue virus, according to study published in iScience




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Acupuncture can Treat Migraines

Highlights: Acupuncture can now help reduce migraine headaches More than one billion people worldwide are a




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Tax-News.com: British Columbia Announces Tax Breaks For Gas Investors

British Columbia is to offer a provincial sales tax exemption to a proposed new liquefied natural gas project.




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Tax-News.com: Canada Launches Tax Filing Season

On February 19, the Canada Revenue Agency officially opened the 2019 tax filing season.




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Tax-News.com: New Cypriot E-Payment Obligation From June 2018

Cyprus's Department of Taxation said recently that it will accept only electronic payment for the main tax heads from June 1, 2018.




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Tax-News.com: USITC Confirms Countervailing Duties On Tubing From China, India

The United States International Trade Commission will issue countervailing duty orders on imports of cold-drawn mechanical tubing from China and India, after determining that they are causing material injury to US manufacturers.




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Tax-News.com: French Workers In 'Third Countries' Liable For Social Security

Income from assets of French nationals who work in a state other than a member state of the EU, the European Economic Area or Switzerland may be subject to French social security contributions, the European Court of Justice has ruled.




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Tax-News.com: OECD Releases More Transfer Pricing Country Guides

The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44.




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Tax-News.com: First Tax-Deferred Pension Scheme Launched In China

China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China.




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Tax-News.com: At UN General Assembly, OECD Urges Global Carbon Tax Action

Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure.




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Study Highlights Drug Usage Pattern From Old to Young

Drug overdose epidemic emerged abruptly among the Baby Boomers, shifted youth-ward for Generation X, and then soared to new heights among the Millennials, says a new study.




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Drug Saves Lives of Children Fighting Fatal Immune Disease

Emapalumab saved a child suffering from HLH. Although the 34-patient study wasn't large enough to show the efficacy of this new drug, doctors say their data are promising.




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Tax-News.com: Italy Launches Consultation On Patent Box Rules

On February 10, 2020, the Italian tax agency commenced a short consultation on the rules surrounding the patent box self-assessment regime.