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Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could top up their taxes to the 15% minimum, eliminating the advantage of shifting profits.

What is the global minimum tax deal that India, 135 other nations have...

The minimum tax and other provisions aim to put an end to decades of tax competition between governments to attract...

9 Oct 2021 1:32 PM IST

Rates of both subsidised and non-subsidised LPG prices were hiked, oil company officials said. (Representatonal Image: PTI)

LPG price hiked by Rs 15 per cylinder

Simultaneously, petrol price was increased by 30 paise per litre and diesel by 35 paise a litre

6 Oct 2021 10:45 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

6 Oct 2021 7:28 AM IST

180 staff lost their jobs as Australian Associated Press shut shop (Representative image | Flickr - Antony Mayfield))

Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

6 Oct 2021 7:23 AM IST

Petrol price was hiked by 30 paise per litre and diesel by 25 paise a litre, according to a price notification of state-owned fuel retailers. (Representational Photo:PTI)

Petrol at all-time high, diesel crosses Rs 100-mark in AP, Rajasthan,...

The third increase in its rates this week has sent petrol prices above Rs 100 in most major cities of the country

1 Oct 2021 1:43 PM IST

Payment services such as electricity bills, gas, water or any other utility bills, mobile recharge, DTH, OTT, automatic subscriptions for newspapers, magazines, insurance premium, Netflix, Amazon, will mandatorily require additional factor of authentication (AFA) from Friday. (DC File Image)

Automated bill/card payments stop from today

All monthly mutual fund systematic investment plans (SIPs) or EMIs for loans from the savings or current accounts will...

1 Oct 2021 3:10 AM IST

The government has ordered around 16 million doses of AstraZeneca Plc and Moderna Inc vaccines for this year but as yet only around 4 million of them have arrived. (Bloomberg)

COVID-19 vaccine boosters could mean billions for drugmakers

For Pfizer and Moderna, the boosters could be more profitable than the original doses because they won't come with the...

26 Sept 2021 10:48 AM IST

South India drawing attention fr the realOn the property pricing trend, the report has found that Bengaluru saw a dip in prices (PTI)

Demand for 3BHK, 4BHK goes up in metro cities

The preference for 3BHK apartments was 25 per cent in Q1 2020

23 Sept 2021 8:07 AM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Co-op depositors can now claim up to Rs 5 Lakh from bank

Depositors will now need to contact the bank and submit a declaration of willingness to claim the amount

23 Sept 2021 7:54 AM IST

Swiggy said that it only operates as an intermediary and the prices displayed on the platform are directly uploaded by its partner restaurants. (Representative Image)

Food from small outlets, garments to pinch more

As per the GST rule changes, food aggregators like Swiggy and Zomato would need to raise their own invoices

23 Sept 2021 7:49 AM IST

The government has approved domestic procurement of 10 lakh tonnes of pulses, comprising 5 lakh tonnes each in kharif and rabi marketing seasons.

Record Foodgrain output expected, pulses output set to increase

In the kharif season of 2020-21, the foodgrain output comprising rice, pulses and coarse cereals stood at a record...

22 Sept 2021 7:16 AM IST

73 per cent respondents in India believe tech helps people like them get good jobs and enhance careers.

Top 10 per cent workers pocket 70 per cent labour income in India: ILO

In India, 39.6 per cent of employees have a job which matches their education

22 Sept 2021 7:12 AM IST