-
June 07, 2023 02:20 PM IST The world economy is set to grow 2.7% this year, the Organisation for Economic Cooperation and Development (OECD) said, up from its previous forecast of 2.6% in March.
-
May 16, 2023 04:39 PM IST If some rights are being transferred by an entity, it constitutes royalty, according to Indian legislation. If an entity here has rights and is again distributing them, it will be considered royalty.
- January 17, 2023 11:34 AM IST
At Davos 2023, Organisation for Economic Co-operation and Development's secretary general Mathias Cormann cross border flow of data is going to be very important to optimise the digital economy of the future
- January 17, 2023 11:42 AM IST
Davos 2023: Cormann claimed that because of its ‘strong growth’, India is in a stronger position and has the opportunity to influence the global agenda.
- November 22, 2022 09:17 PM IST
The Organisation for Economic Cooperation and Development (OECD), the Paris-based intergovernmental body that focuses on economic policy reports in its latest Economic Outlook that India is set to be the second-fastest growing economy in the G20 in FY 2022-23 behind Saudi Arabia, despite decelerating global demand and the tightening of monetary policy to manage inflationary pressures.
- October 12, 2022 01:06 PM IST
The framework ensures "the collection and automatic exchange of information on transactions for relevant crypto" assets. It covers exchanges, brokers and ATM operators that facilitate exchanges between crypto assets.
- October 05, 2022 08:23 PM IST
OECD Secretary General Mathias Cormann said the policy forum's 38 members decided to recognise Ukraine as a prospective member following a request from Kyiv.
- September 28, 2022 04:25 PM IST
The OECD report on the economic outlook says, ‘annual inflation in 2023 will remain well above central bank targets almost everywhere.’ That is bad news
- September 26, 2022 02:29 PM IST
In a bleak report titled "paying the price of war", the Paris-based organisation noted that the conflict aggravated inflationary pressure when the cost of living was already rising quickly.
- September 26, 2022 02:25 PM IST
While global growth this year was still expected at 3.0%, it is now projected to slow to 2.2% in 2023, revised down from a forecast in June of 2.8%, the Organisation for Economic Cooperation and Development said.
- September 14, 2022 11:58 AM IST
The leading indicators are signalling a slowdown for all the other major economies
- July 12, 2022 04:46 PM IST
The growth outlook for the US has been downgraded from ‘stable growth’ to ‘growth losing momentum’ amid high inflation, low consumer confidence and declining share prices.
- June 10, 2022 02:53 PM IST
Earnings downgrades in the last two quarters have been a function of margin compression. In the next few quarters, there is a potential risk of earnings downgrades due to demand destruction
- May 11, 2022 09:59 AM IST
The Ukraine war seems to have had little impact on economic growth in Asia and North America
- January 18, 2022 09:50 AM IST
Growth of China, UK, Germany, Italy, Canada and Brazil is losing momentum
- December 21, 2021 10:16 AM IST
The global minimum tax rule will apply to corporations with revenue above €750 million
- December 02, 2021 10:47 AM IST
For FY23, the country is projected to grow at around 8.1 percent, with the rate slightly brought down to 5.5 percent for 2024. This deterioration has been attributed to the enduring negative legacy of the pandemic on key parameters like investment in new machinery and more.
- December 01, 2021 04:47 PM IST
The global economy is now expected to expand by 5.6 percent this year, down from an earlier forecast of 5.7 percent, the OECD said in its updated economic outlook which warns that low vaccination areas could create "breeding grounds" for deadlier virus mutations.
- November 25, 2021 12:35 PM IST
The interim arrangement will give tech companies the ability to offset any excess digital tax paid against their future corporate tax liability in India
- October 31, 2021 03:40 PM IST
Over 1.56 lakh Indians gave up their citizenship in 2019. As many as 63,578 of them became US citizens, 31,329 Canadians and 28,470 were conferred Australian citizenship
- October 11, 2021 09:10 AM IST
India will have to withdraw its digital tax as part of the global tax deal, but a high threshold for revenues, set for sharing profits with countries like India, could hurt its interests
- October 11, 2021 07:38 AM IST
BEPS framework provides two-pillar solution to address tax challenges arising from digitalisation of the global economy, as well as prevents a proverbial ‘race to the bottom’ by countries looking to slash tax rates to attract investment.
- October 09, 2021 07:38 PM IST
With more than 136 nations agreeing to OECD's historic global minimum tax deal accord, estimates suggest that around $150 billion will be generated in additional global tax revenues yearly. Here’s a look at what the new tax deal is all about.
- October 08, 2021 11:06 PM IST
The central government, since the rollout of Budget 2020, has proactively expanded the scope of EL to charge a 2 percent tax on e-commerce transactions carried out by foreign companies in India.
- October 08, 2021 10:36 PM IST
The OECD-brokered deal, which sets a global tax of 15 percent, is aimed at stopping international corporations from slashing tax bills by registering in nations with low rates.
