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Why GST Recorded Highest-Ever Collection in April 2024?

Though the government says the strong GST numbers in April 2024 were recorded on a strong rise in domestic transactions and imports, experts says it also shows the Indian economy's fast formalisation ....

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Conrad Black: Budget 2024 Is an Assault on Canadian Investment

Conrad Black: Budget 2024 Is an Assault on Canadian Investment
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Giorgetti fears global-minimum-tax plan will run aground - Politics

Economy Minister Giancarlo Giorgetti said Wednesday that he fears plans to bring in a Global Minimum Tax (GMT) to make sure multinational companies pay a minimum tax rate of 15% will not come to fruition. (ANSA) ....

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France backs global minimum tax on billionaires at G20

France wants a new push for a global minimum tax on the super-rich, building on the success of a 15% minimum on multinationals taking effect this year, Finance Minister Bruno Le Maire said on Wednesday. A study in October from the EU Tax Observatory, a research group, said that a global minimum tax on billionaires could raise $250 billion annually, equivalent to 2% of the nearly $13 trillion in wealth owned by 2,700 billionaires globally. Currently, billionaires' effective personal tax is often far less than what other taxpayers of more modest means pay because they can register assets in shell companies protecting them from income tax, the group said. ....

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