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$1.5 billion impact! Coronavirus lockdown, supply disruptions badly hit pharma exports

According to figures declared by the Pharmaceutical Export Promotion Council of India (Pharmexcil), pharmaceutical exports registered a growth of 11.21 percent during the first quarter of FY20




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Coronavirus: Indigo implements pay-cuts again after rolling back decision

Coronavirus impact: IndiGo CEO Ronojoy Dutta told the employees that they are left with no option but to implement pay-cuts. The airline had earlier rolled back its decision to cut pay




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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 Issues More Automatic Tax Info Exchange Guidance

Singapore's tax agency has made two announcements recently concerning the automatic exchange of information on foreign taxpayers' affairs, on the Common Reporting Standard and the US Foreign Account Tax Compliance Act.




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Tax-News.com: Singapore Legislates For IP Tax Concession Reform

Singapore has gazetted a law to repeal the income tax concession for intellectual property income derived by companies benefiting from the Pioneer Service Companies Incentive or the Development and Expansion Incentive schemes.




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Tax-News.com: No Tax Surprises In Singapore's 2019 Budget

Singapore's recently released 2019 Budget included few significant tax announcements except confirmation that Singapore's carbon tax will be levied this year and the goods and services tax will be hiked in the medium term.




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Tax-News.com: Singapore Issues TP Guidance For Commodities Traders

The Inland Revenue Authority of Singapore has released new transfer pricing guidance on determining the economic value of taxpayers' commodity marketing and trading activities in Singapore.




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Tax-News.com: Singapore Issues GST Form Instructions For Reverse Charge Supplies

The Inland Revenue Authority of Singapore (IRAS) has released new guidance for GST-registered persons on the completion of new boxes in the GST F5 return from next year.




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Tax-News.com: Malaysia To Introduce Tourism Tax

Malaysia's controversial tourism tax looks set to be introduced on August 1, according to reports.




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Tax-News.com: Malaysia To Legislate To Slap GST On Foreign Retailers

Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers.




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Tax-News.com: Malaysia Issues GST Guidance On Gifts

The Malaysian tax agency on December 1 released guidance on whether gifts provided for no consideration can be excluded from the goods and services tax net.




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Tax-News.com: Malaysia Issues GST Guidance On Mixed-Use Buildings

Malaysia's tax agency has released Public Ruling No. 1/2018, setting out the goods and services tax rules concerning the sale of buildings on commercial land that are used for both residential and commercial purposes.




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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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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: 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: IMF Advises Luxembourg On Coping With International Tax Changes

The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base.




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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: UK Legislates To Close Insurance VAT Loophole

On December 11, 2018, the UK Government tabled The Value Added Tax (Input Tax) (Specified Supplies) (Amendment) Order 2018 before the House of Commons to close a VAT avoidance loophole that is exploited by some UK insurers.




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Tax-News.com: Deadlines For Colombian Tax Amnesties This Month

Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties.




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Tax-News.com: Overseas Suppliers To NZ Urged To Register For GST

New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline.




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Disposable and Affordable E-readers on the Anvil

Researchers from The University of Cincinnati are working on the development of affordable and disposable e-readers. The research by Andrew




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British Lab Growing Human Body Parts: Report

Daily Mail reported that British experts are growing human body parts like nose and ears in laboratory. "This is a nose we're growing for a patient




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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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Sri Lanka Records Rise in Dengue Cases

Sri Lanka's Ministry of Health launched a dengue eradication programme to control the number of dengue cases that rose to over 18,000 with 24 people reported dead.




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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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Government Issues Dengue Alert In Odisha

The Odisha Government has notified the Managing Director of Industrial Development Corporation Organization (IDCO), all district Collectors and industrial




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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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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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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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Dengue Cases on Rise in Madhya Pradesh, 277 People Test Positive for the Disease

The dengue virus kills an estimated 20,000 people each year and infects up to 100 million, suggested the World Health Organization (WHO). There is no vaccine for dengue.




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Dengue, Malaria Cases Drop in Haryana in 2016: Health Minister Anil Vij

Tens and thousands of people in India are being affected by mosquito-borne diseases like dengue, malaria and chikungunya. However, dengue and malaria




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8 In 10 Indonesian Children At Risk For Dengue

Indonesia has one of the highest burdens of dengue fever, in the world. Dengue fever has infected over half of all children in urban areas by the age of 5.




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Prior Infection With Dengue Lowers Zika Disease Severity

People who are infected by Zika virus are less likely to fall ill if they had dengue fever before than individuals with Zika virus who never had dengue, reveals a new study.




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CRISPR/Cas9 Tool may Help Suppress Malarial Parasites in Mosquitoes

Using CRISPR/Cas9, a gene editing tool gene, the FREP1 gene can be inactivated to reduce mosquitoes vulnerability to Plasmodium parasite, a genus that causes malaria in humans.




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Investigating New Antibodies To Identify Individuals at Risk of Dengue

New information obtained using an original mathematical and statistical analysis method could help identify individuals at risk of dengue infection, according




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Dengue Toll Rises to 551 in November

According to a municipal report released on Monday, around 271 new cases of dengue were reported in New Delhi by November 17, taking the toll to 551 patients in November.




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Possible New Therapeutic Strategy for Severe Dengue Disease

Nafamostat mesylate, a tryptase inhibitor, can treat severe dengue disease, according to the team of researchers from Duke-NUS Medical School. The




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COVID-19 Pandemic: Simple Ideas to Help Kids Deal with Stress during Coronavirus Crisis

Highlights: Staying indoors during COVID-19 lockdown can wreak havoc on your child's mental health Keeping




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Regular Tub Bathing can Reduce Heart Disease Death Risk

Highlights: Taking a tub bath every day can save your heart and make you live longer Regular tub bathing can




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World Autism Awareness Day

Highlights : Every year, April 2nd is observed as World Autism Awareness Day Aims to create awareness about autism




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Childhood Obesity and High Blood Pressure can Lead to Future Heart Disease

Highlights: Children who are obese are at higher risk of developing heart disease later Regular physical ac




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Mapping Health Risks for People With Mental Disorders: Study

Highlights: People with mental disorders are more likely to develop other health conditions Mapping the




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Berries, Apples and Tea can Help Fight Alzheimer's Disease

Highlights: Consuming flavonoid-rich foods can keep Alzheimer's disease at bay Foods rich in flavonoids a




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Is It Safe to Have a Second IVF Baby After Fertility Treatment for the First?

Highlights: Women can successfully have a second in vitro fertilisation (IVF)baby IVF is also known as assi




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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, Israeli Sign FTA

Canada and Israel have signed a modernized free trade agreement.




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Tax-News.com: Canada Promises To Improve Tax Advice Helplines

The Canadian Revenue Agency has unveiled a three-point action plan to improve the services offered by its call centers.




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Tax-News.com: Canada To Legislate For Budget Tax Reforms

The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget.




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Tax-News.com: Cyprus Issues New CbC Filing Notification

The Cyprus Tax Department has released a notice on the obligation on Cypriot constituent entities of multinational groups to file a CbC report in Cyprus where the ultimate parent entity files in a territory without an exchange of information arrangement with Cyprus.




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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.