Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/g7-makes-a-good-start-on-tax-reform/articleshow/83288635.cmsSynopsis Often, MNCs are known to shift their tax liability by assigning a share of costs and profits to a subsidiary in a low-tax
Day: June 8, 2021
How to manage money, asset transfers after untimely death of a dear one – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/how-to-manage-money-asset-transfers-after-untimely-death-of-a-dear-one/articleshow/83257677.cmsSynopsis Rules related to the transfer of money/asset in the name of a nominee or legal heir varies. Before being able to access any
Financial creditors may realise Rs 55,000-60,000 cr through IBC in FY22: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/financial-creditors-may-realise-rs-55000-60000-cr-through-ibc-in-fy22-report/articleshow/83306043.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The realisation for financial creditors from the resolution of Corporate Insolvency Resolution Process (CIRP) under the IBC declined significantly in FY2021 with a
What now for the G7 tax deal on multinationals? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/what-now-for-the-g7-tax-deal-on-multinationals/articleshow/83309870.cmsSynopsis Hailed as historic by its backers, the deal nonetheless contains much detail that still needs to be hammered out in time for countries
I-T dept launches new e-filing portal, asks taxpayers to update mobile number, email ID – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/i-t-dept-launches-new-e-filing-portal-asks-taxpayers-to-update-mobile-number-email-id/articleshow/83317211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The income tax department also asked taxpayers to re-register their DSC (Digital Signature Certificate), update personal mobile number and email ID under ‘primary
Global minimum corporate tax: How does one pay ‘right taxes at the right place’? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/global-minimum-corporate-tax-how-does-one-pay-right-taxes-at-the-right-place/articleshow/83319689.cmsSynopsis A global consensus also ensures that MNCs are not caught between conflicting claims of governments and be subjected to double or multiple taxation.
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