137 countries on board for OECD digital tax plan: Angela Gurria
OECD chief Angela Gurria on Thursday said the international body's plan to help solve digital tax problems has got support of 137 countries and new rules must be put in place to stop evasion worth hundreds of billions of dollars.
WEF 2020: CEOs welcome pay alignment with environmental, social and governance criteria
With stakeholder capitalism gaining traction, the pus...
View: Tax regime globally, as well as in India, is heading for some significant changes
The role of tax havens where servers can be located m...
More reforms needed to boost jobs, incomes: OECD
Restoring growth to the higher levels needed to provide ample jobs and ease inequality will require accelerating the pace of structural reforms to revive investment and exports.
Growth to pick up next year: OECD
The Organisation for Economic Co-operation and Development forecasted a growth rate of 6.2% in 2020 ans 6.4% in 2021. The forecast came ahead of the release the GDP numbers for the July-September quarter by the government’s statistics office, scheduled for November 29. India’s economy grew 6.8% in FY19.
OECD says India needs to step up reform efforts to increase quality jobs, incomes
The latest OECD Economic Survey of India notes that while India has greatly expanded its participation in global trade in recent years, private investment remains relatively weak, the employment rate has declined amid a shortage of quality jobs, rural incomes are stagnating, and per-capita income varies considerably across states.
Digital tax on MNCs: India seeks changes in OECD math
The government wants a more balanced principle for the taxation based on place of revenue generation.
US hurdle in unified plan to tax digital cos
India’s economy to grow 6.6% in 2020-24: OECD
India’s GDP could grow 6.6% in 2020-24, lower than its 2013-17 average of 7.4%, OECD said on Saturday.
OECD proposal on taxing MNEs to benefit countries like India: Experts
The proposal is aimed at re-allocating some profits and corresponding taxing rights to countries and jurisdictions where MNEs have their markets.
Coal-fired power consumption spikes 8% in 2018: Survey
Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. New construction of coal-fired power plants fell to the lowest level in a decade in 2018. After peaking at 84GW of new capacity added in 2015, coal project completions plummeted to 39GW in 2018.
The world may have a bigger problem than a potential recession
The OECD sees global growth stuck at 2.9% this year and next, and rising slightly to 3% in 2021.
Honey, I shrunk the R&D cost: How 'open innovation' can sharpen competitive edge
Businesses cannot work in silos. Although we live in a competitive world, leveraging complementary resources like research, finance and intellectual property among firms, can accelerate innovation and organisational changes.
MNC Digital companies may face a minimum level of tax
Multinational technology and digital companies may have to cough up a minimum level of corporate tax. The OECD seeks to use financial accounts as a starting point for determining the tax base and provide guidance to MNCs.
View: Opec looks ahead and sees oil's plateau
Demand growth is also highly concentrated in just a few sectors.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service