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Diwali 2023: How can you brighten up your festival with help of personal loan

Diwali celebrations often entail applying for loans, be it by salaried or self-employed people. Though there is not much difference, some small distinctions mark the difference between personal loan availability for both these income categories. ....

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Tax deal for MNCs marred by loopholes | The Manila Times

WASHINGTON, D.C.: An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations (MNCs) to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. ....

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MNCs may face Rs 11,000 cr retro tax demand after SC ruling

Multinational companies based in the Netherlands, Switzerland, and France may face retrospective tax demands of around ₹11,000 crore on dividend income repatriated from India. This follows a Supreme Court ruling stating that the lower 5% withholding tax on dividend income is not applicable to all OECD countries on a most favoured nation (MFN) basis. The court held that the 5% rate only applies to companies based in countries with which India has a double taxation avoidance agreement (DTAA). ....

Thornton Bharat , Riaz Thingna , Divakar Vijayasarathy , Delhi High Court , Indian School Of Business , Kellogg Marketing Leadership Development Program , Offering College , Organisation For Economic , Concentrix Services , Northwestern University , Supreme Court , Top Court Decision , Economic Co Operation , Corporate Journey , Strategic Skill , Favoured Nation , Grant Thornton , High Court , Retro Tax , Double Taxation ,

MNCs sent tax notices over expat employees' allowances from foreign parent companies

The demands, ranging from ₹1 crore to ₹150 crore, cover the period between FY18 and FY22 for payments by foreign parent companies to expats working in Indian subsidiaries of MNCs ....

Abhishek Jain , Supreme Court , Income Tax , Northern Operating System , Whatsapp Channels , Foreign Workers ,