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

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)

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

The sedentary nature of modern life has had a noticeably detrimental effect on both physical and mental health. An EU-funded project has highlighted how to boost the wellbeing of Europeans by linking transport and health policies.

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

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

Adar Poonawala, CEO of Serum Institute of India, says he is taking the risk of initiating production even before the vaccine has reached advanced clinical trials

The European Commission has invited comments on commitments offered by fifteen container liner shipping companies to address concerns raised relating to concerted practices.

Representatives of the European Free Trade Association - Iceland, Liechtenstein, Norway, and Switzerland - and the Philippines signed a free trade agreement in the Swiss capital of Bern on April 28.

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

The member states of the European Free Trade Association signed a free trade agreement with Georgia during a meeting on June 27, 2016.

The comprehensive double taxation agreement between Hong Kong and Russia, which was signed in January this year, entered into force on July 29, 2016, and will be in effect in Hong Kong for any year of assessment beginning on or after April 1, 2017.

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 Seychelles Revenue Commission has issued its final Public Ruling 2016-2 to provide clarity regarding the methodology used to calculate the additional special business tax deduction allowed for marketing and promotion expenditure.

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

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.

New chemical markers intended to be used in gas oil (diesel) and kerosene in the EU are more resilient to fraud than the one currently applied, and introducing a new marker might cost less than member states currently lose in tax revenues, a new EU report says.

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.

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 Commission has opened an in-depth investigation into a Polish tax scheme for shipyards, which it says could give shipbuilders an unfair competitive advantage over rivals.

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.

Switzerland's Government has recently decided on a number of trade matters and reviewed its plans for changes to how it administers vehicle taxes.

The European Free Trade Association states – Switzerland, Liechtenstein, Norway, and Iceland – and Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA), which will slash tariffs on a majority of industrial goods.

The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers.

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

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

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

SBI FD interest rates for senior citizens have been slashed by 20 bps as well. For tenor 7 days to 45 days, State Bank of India has changed the rates from 4 per cent to 3.80 per cent, while it has been changed to 4.80 per cent from 5 per cent for 46 days to 179 days tenor

Dalal Street expects ICICI Bank to report healthy earnings in Q4

Singapore's tax agency has announced that the territory's new double tax avoidance agreement with Cambodia entered into force on December 29, 2017, capping cross-border withholding taxes on trade and investment.

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.

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.

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'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.

Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget.

The Inland Revenue Authority of Singapore on February 23, 2018, released the fifth edition of its Transfer Pricing Guidelines for income tax.

Financial institutions in Singapore are required to file information required under the US Foreign Account Tax Compliance Act starting April 16 by May 31, 2018.

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.

The Inland Revenue Authority of Singapore is now accepting FATCA returns for the 2018 reporting year and has newly released the FATCA paper nil return for 2018.

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.

On July 5, 2019, Singapore's tax agency released a draft guide that includes proposals for more favorable GST rules for virtual currencies.

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.

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

China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins.

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.