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tax incentives: Govt may review tax sops offered to IFSC

The government may need to reconsider the tax incentives offered to units in the International Financial Services Centre (IFSC) in Gujarat due to the impact of Pillar Two of the Base Erosion Profit Sharing framework, according to a Deloitte report. Pillar Two aims to ensure that large multinational companies pay a minimum effective rate of tax of 15% on profits in all countries. Units in IFSC may not have enough employees and assets to avail of the benefits, so they will need to evaluate the ove...
Rohinton Sidhwa International Financial Services Centre Gujarat International Financial Tech City Pillar Two Of The Base Erosion Profit Pillar Two Base Erosion Profit Sharing

BDO announces three partner appointments

Accountancy and business advisory firm BDO has announced the appointment of three new partners. Melissa Bruno joins BDO as a People Advisory partner in the digital risk advisory services (DRAS) team, having built up over 20 years’ experience in professional services, consulting and in the private sector. She will lead on supporting businesses with people,…
City Of United Kingdom Andrew Clewer Daniel Quiligotti Paul Eagland Melissa Bruno
Source: yahoo.com

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