India’s relationship with virtual digital assets (VDA) has been a rollercoaster. From skepticism to cautious exploration, the narrative has shifted significantly in recent years. As the global virtual digital assets market matures, it’s crucial for India to embrace a well-defined regulatory framework that nurtures innovation while safeguarding the interests of all stakeholders. The Current Landscape … Read more
Last Updated:January 01, 2025, 16:31 IST ESOPs, or Employee Stock Ownership Plans, are benefit schemes where companies grant their staff an ownership stake. ESOPs are employee benefit schemes where companies grant their employees a stake in ownership. (Pic for representation) Employee Stock Ownership Plans (ESOPs) have become a popular means for companies to reward their … Read more
The leadership agreed to grant local governments more “autonomous fiscal capacity”, allowing them to increase their tax sources and “appropriately” expand their management authority relating to taxation, the document revealed. The policy measures from the four-day, closed-door plenary session – aimed at laying out China’s economic road map for the medium term – come as … Read more
Congress leader Jairam Ramesh targeted the Bharatiya Janata Party-led Centre on Sunday, over the recent tax collection data, and said that individuals are paying more tax than companies, and the middle class is bearing the weight of heavy taxation while Rs 2 lakh crore has been put in “pockets of billionaires” due to slashing of … Read more
In its latest monetary policy review earlier this month, the Reserve Bank of India (RBI) has projected a 7.2% GDP growth for 2024-25 as opposed to its earlier estimate of 7%, with retail inflation trending down to 4.5% from 5.4% averaged last year. | Photo Credit: Getty Images/iStockphoto The story so far: The National Statistical … Read more
Canadians can begin filing their income tax returns online as of Monday, with several changes in store for the 2024 tax filing season. Those filing by paper should have received their income tax package in the mail by now, according to the Canada Revenue Agency (CRA). Most Canadians must file their tax return by April … Read more
Rationalisation of the duty structure is critical for the fast adoption of new technologies, including electric vehicles, BMW Group India President Vikram Pawah said on Thursday. He stressed on a level-playing field in terms of taxation for the existing as well as for new players who seek to foray into the country. “Our ask from … Read more
