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Agreement on the overall minimum tax rat...

India: Agreement on the overall minimum tax rate October 13, 2021 Khaitan & Cie To print this article, simply register or connect to Mondaq.com. Traditionally, the taxation of corporate profits has been linked to a link rule based on physical presence. While this was sufficient in the traditional economy, the rapid digitization of the economy […]

Busler’s single-rate tax plan ensures al

President Biden wants to fund his huge spending plans by raising taxes primarily on the highest earners. He maintains that he wants the rich to pay their “fair share”. He never defined exactly what their “fair share” would be. In theory, however, most Americans would probably agree that all employees should pay their fair share. […]

Interest rates, tax benefits, everything...

New Delhi: Some of the popular investment schemes are the Employee Provident Fund (EPF) or PF, the National Pension Scheme (NPS), the Public Provident Fund (PPF) and the Voluntary Provident Fund (VPF). Investors, especially those considering retirement plans, look for stable returns and tax advantages while choosing these investment options.Also Read – International Flights: Tourism […]

Postal savings account: know the interes...

Postal savings account: know the interest rate, tax implications and other features New Delhi: Most of these public savings plans are popular among investors because they are reliable, low risk, and secure. Depositing into a Postal Savings Account is a very good option for those who want to earn extra benefits while saving your hard […]

Get high interest rate, tax exemption, c...

If you are looking to save your money and earn high returns with no risk, then this story is for you. Depositing into a Postal Savings Account is a very good option for those who want to earn extra benefits while saving your hard earned money. In addition to offering higher interest rates, these accounts […]

G20 could accept global minimum corporat...

By Divya Chowdhury April 15 (Reuters) – The final deal for a global minimum tax rate among G20 countries could likely be around 15%, a compromise between Ireland’s current rate of 12.5% ​​and the 21% proposed by the United States, said a global tax expert. Thursday. U.S. Treasury Secretary Janet Yellen backed the U.S. government […]

PF interest rate: Tax on PF interest wil...

The proposed Contingency Fund interest tax came like a thunderclap for high earners and HNIs who send huge sums of money to this tax-free paradise. Although the tax only applies to contributions above Rs 2.5 lakh per year and will only apply to employee contributions, many provident fund subscribers are unhappy. This is not the […]

The flat tax plan would have bipartisan ...

Arizona’s tax system is structurally unbalanced as the demand for government spending continues to far exceed tax revenue collected. Prior to this Covid recession, there was a bipartisan agreement that additional funds were needed for education, housing, infrastructure, health care, public safety and state government. However, the budget has never been big enough to meet […]

EPF interest rate: The tax on EPF intere...

Budget 2021 proposed to levy income tax on interest earned on employee contributions to the Employee Provident Fund (EPF), but not everyone will be affected by this proposal. Only the accrued interest on the part of the annual contribution which exceeds Rs 2.5 lakh will attract income tax. Granted, people with high base salaries will […]

Tourism industry seeks to cut GST rate a...

Major players in the country’s travel and tourism industry on Thursday presented the government with a proposal including a package of measures needed to revive the besieged sector. Led by the policy advocacy organization Federation of Associations in Indian Tourism & Hospitality (FAITH), a group of leading hospitality industry associations have demanded a reduction in […]