The South African Revenue Service has announced that it will temporarily permit taxpayers to report information on controlled foreign corporations under the old filing rules, which were replaced in February.

44 African countries have signed a landmark free trade pact to simplify tax and non-tax rules for trading between their borders.

The South African Revenue Service on April 6, 2018, warned taxpayers that they are expected to declare cryptocurrency gains or losses in calculating their taxable income.

The African Continental Free Trade Agreement will enter into force on May 30, 2019, after Sierra Leone and the Sahrawi Republic deposited their instruments of ratification of the agreement.

Owing to the coronavirus pandemic, tech giants Facebook and Google will allow the majority of their employees to work from home.

Engineers have done preliminary work and talked to smartphone operating system makers Apple Inc and Google about possibly adopting technology the companies plan to release jointly this month to make tracing easier

Jio has introduced an annual work-from-home annual plan for Rs 2399 that gives its users 2GB daily data. It has also brought in three work-from-home add-on plans.

Panasonic has prepared for staggered operations at retail and brand stores that have been recalibrated to abide by social distancing norms and deployed all safety measures such as placement of sanitisers, mandatory usage of masks, and contact-less assistance to consumers

The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets

Stock specific action was seen in index heavyweight Reliance Industries gained 3.43% to Rs 1,558 on BSE after PE firm Vista Equity Partners said it would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Shares of Asian Paints closed 1.01 per cent lower at 1,577against previous close of Rs 1593 on BSE

Share price of RBL Bank fell up to 8.77% to Rs 117.6 compared to the previous close of Rs 128.90 on BSE

Share price of Tata Motors slipped 2.36% intra day to Rs 84.85 compared to the previous close of Rs 82.50 on BSE

The German Cabinet has approved a proposal to reduce the rate of value-added tax on electronic publications. The rate is expected to drop from January 1, 2020.

On August 29, 2019, German Economy Minister Peter Altmaier announced the outlines of a plan to reduce the tax and regulatory burden on small and medium-sized companies in Germany.

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport.

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.

On November 18, 2019, the German Ministry of Finance published a question and answer section on its website to clarify the role of a new special unit within the tax authority designed to detect cases of tax fraud more quickly.

The upper house of the German parliament, the Bundesrat, has rejected certain tax elements of the Government's climate protection plan, including a reduction in value-added tax on long-distance rail travel.

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.

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.

For the fourth quarter ended March 31, 2020, ICICI Bank reported a 26 per cent rise in net profit at Rs 1,221 crore compared to Rs 969 crore a year ago

According to a PTI report, all state governments except Maharashtra have been paying for the railway costs to ferry passengers to their native places

Kerala coronavirus cases: With May 8 being the 100th day of COVID-19 outbreak in India, Kerala reported only one new case in 24 hours, state CM Pinarayi Vijayan said on Friday

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

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

ICICI Bank's board also approved issuances of bonds/notes/offshore Certificate of Deposits in overseas markets up to $3 billion in single or multiple tranches for a period of one year

The FM also said that about three crore farmers with agricultural loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium announced by the Reserve Bank of India (RBI) in March

Globally, efforts are underway to develop a vaccine to treat Covid 19 which has stalled economic activity and led to death of over 2.77 lakh people across the world

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

TRA2020 conference in April 2020 has been cancelled

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Under complete lockdown less than a quarter of India's $2.8 trillion economy is functional. We are expected to lose over Rs 32,000 crore ($4.5 billion) every day during the lockdown

With most auto-stocks down by nearly 40-70% since February 2020, the post-COVID-19 scenario might see consumers move away from all forms of shared mobility to more personal forms of transport

Once the menace of COVID-19 pandemic is over, a new ecopolitical order will emerge which will be more focussed on human development, infrastructure around health and education, climate preservation and most importantly on people

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

The European Free Trade Association Surveillance Authority has approved a six-month extension of the current Norwegian special tax system for shipping under the area's state aid rules.

The European Free Trade Association Surveillance Authority has approved a tax-based state aid scheme aimed at reducing maritime transport pollution in Norway.

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.

Having endorsed the deal, the President of the Philippines, Rodrigo Duterte, has forwarded on a bill to ratify the free trade agreement with the European Free Trade Association states to the Senate.

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.

Among patients given hydroxychloroquine, 32.3% ended up needing a ventilator or dying, compared with 14.9% of patients who were not given the drug

The move lifts the overhang of a warning letter for a plant that Dr Reddy's had been dealing with for long. Now all their plants have become USFDA compliant

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

The findings, published in the Lancet medical journal, showed that on average, people who got the triple drug reached the point of no detectable virus five days earlier than those in the control group - at 7 days versus 12 days

Dalal Street expects ICICI Bank to report healthy earnings in Q4

Ernst and Young Solutions LLP, Singapore, has released its wish list for the Singapore Budget 2018, calling for reforms to sharpen the territory's competitiveness.

Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime.

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

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

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.