China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

China’s tax authority on Friday published a draft regulation that would require the operators of e-commerce, short-video and social media platforms to report the income of merchants and influencers. Under the current draft, which is soliciting public feedback until January 19, internet platform operators must report the identity, income and other tax-related information about revenue-generating … Read more

SEBI warns investors against trading in unlisted debt securities

SEBI warns investors against trading in unlisted debt securities

Mumbai: The Securities and Exchange Board of India (SEBI) on Monday warned investors against performing transactions on unregistered online platforms. The markets regulator said that unregistered online platforms are offering unlisted debt securities to investors. “Such platforms appear to provide an avenue for investors to acquire unlisted debt securities. These platforms are not subject to … Read more

New pension-related platform ‘Wafra’ for launched for UAE employees

New pension-related platform ‘Wafra’ for launched for UAE employees

In a significant development, the United Arab Emirates (UAE) Federal Authority for Government Human Resources (FAHR) and the General Pension and Social Security Authority (GPSAA) have launched “Wafra” a proactive financial planning system on the online platform Jahiz for future skills in the federal government. The initiative introduced by FAHR aims to focus on future … Read more