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Made-in-America tax plan may hit India's manufacturing firms

US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms. Global minimum......

No Google tax on ecommerce deals by Indian arm of foreign companies

In a bid to provide a level playing field, the government has decided not to levy 2 per cent digital service tax if goods and services are sold through Indian arm of foreign e-commerce players.......

Google tax contributes merely 1% of direct tax kitty

A total of Rs 396 crore has been mopped up, as on August 20 against Rs 407 crore collected in the same period last year. This was despite the expansion of the levy to online e-commerce players from......

Google tax in line with WTO rules: Govt

The government said that far from targeting any US entity, the purpose was to ensure fairness, healthy competition, and to exercise the ability of governments to tax businesses having a nexus with......

US to probe India's 'Google tax'; levy non-discriminatory, says govt

The US Trade Representative’s (USTR) office will also conduct the Section 301 probe against nine others, including Austria, Brazil, Indonesia, Italy, Spain, Turkey, the Czech Republic, the......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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