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The Finance Minister has given a push to growth through a judicious blend of encouraging investment and consumption Uttam Gupta Guided by the overriding objective of laying the foundation of putting India on a rapid and sustainable growth trajectory, for three years in a row, the Narendra Modi government has presented an investment-led Budget. ....
Meet the first class of LinkedIn's Creator Accelerator Program in India adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
New Delhi: In February, LinkedIn launched the Creator Accelerator Program in India as part of its $25 million investment in creators globally. Today, the world’s largest professional network has introduced the first India class of this 10-week incuba ....
Northlines Uttam Gupta The Joe Biden Administration is pushing for a Global Corporate Minimum Tax (GCMT) rate under the new international tax rules being coordinated by it with G20 countries. In 2017, the erstwhile Donald Trump Administration had introduced the US corporate offshore minimum tax called the Global Intangible Low-Taxed Income (GILTI). It is applied on the offshore incomes of US multinationals (MNCs) having subsidiaries in low-tax countries, at 10.5 per cent, which is half the Domestic Corporate Tax Rate (DCTR) of 21 per cent. US President Biden wants to double GILTI to 21 per cent and correspondingly increase the DCTR to 28 per cent. The US’ move is prompted by a tendency among MNCs to register in low-tax countries such as Singapore, Mauritius, Ireland and show their revenue and profits in those jurisdictions, regardless of where the sales are made. This enables them to avoid paying higher taxes in the source country. The GCMT is intended to pre ....