A global tax crackdown on multinationals has the backing of some of the world's biggest investors who say that using low-tax jurisdictions falls foul of the tenets they have committed to.
Data, policy advice and research on Japan including economy, education, employment, environment, health, tax, trade, GDP, unemployment rate, inflation and PISA., Japan is highly exposed to natural hazards, and agricultural producers in Japan have significant experience in managing the risk of natural hazard-induced disasters (NHID). However, recent large-scale typhoons and heavy rain events have highlighted the importance of increasing the sector’s resilience to NHID. A number of current practices build resilience. Disaster risk governance and agricultural policy frameworks are flexible and responsive to evolving NHID risks. Non-structural measures such as hazard maps are increasingly seen as complementary to infrastructure in preventing and mitigating flood risks. Innovative on-farm solutions for mitigating flood risks, such as the paddy field dam, are also increasingly used. Disaster response is rapid, and disaster assistance prioritises helping producers to resume farming. How
Govt plans to abolish about two dozen withholding taxes
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June 2, 2021
ISLAMABAD: The government is considering different proposals for abolishing around two dozen withholding taxes in the upcoming budget.
In order to promote digital economy in Pakistan, the government will actively consider abolishing withholding tax and FED fee over usage of credit cards for a period of three to five years. There are a total 40 withholding taxes at the moment and it is under consideration that about two dozen withholding taxes will be done away with through the upcoming Finance Bill 2021-22.
The major withholding taxes such as on cash withdrawal from banks, contract, supplies and on salaries would continue in the coming budget while 10 to 12 having minimum collection might be abolished.
The new rules would require multinational companies to list their profits made, taxes paid and the number of people they employed in individual EU countries.