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Trade relations with India will reach new heights
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Trade relations with India will reach new heights
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Bangladesh Minister hopes trade relations with India will reach new heights ANI | Updated: Mar 10, 2021 06:50 IST
Dhaka [Bangladesh], March 10 (ANI): Ahead of Prime Minister Narendra Modi s visit to Bangladesh, the country s Commerce Minister Tipu Munshi has expressed optimism that the trade relations between the two countries would reach new heights in the 50th year of Bangladesh s independence. We want to take the Bangladesh-India trade relations to such a position in our 50th year of independence which would remain memorable among the people of both countries. We re hopeful of resolving our existing problems. There is also strong resolve from the two countries to further expand investment and trade relations, The Independent (Bangladesh) quoted Munshi as saying.
Tipu hopes Bangladesh-India trade relations to reach new height | Bangladesh Sangbad Sangstha (BSS)
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NEW DELHI (Reuters) - India on Wednesday defended a new digital tax which faces opposition from big U.S. tech firms such as Alphabet’s Google and Facebook and the United States Trade Representative (USTR).
In its annual budget on Monday, India said a 2% equalization duty on foreign e-commerce companies imposed last year would apply even to companies that do not own the goods or provide the services on their platforms and if any part of the transaction is online, even if it this is only an online payment. “Basically if there is an economic benefit from a certain jurisdiction then there has to be some taxation in that jurisdiction,” Indian Trade Secretary Anup Wadhawan said during a news briefing in New Delhi.