Corporate tax

Mobile Phone prices in India to get dearer: Here are the new GST rates

At the 39th GST Council meeting held in New Delhi, Finance Minister Nirmala Sitharaman announced rationalization of tax rates on five sectors - mobile phones, fertilizers, footwear, renewable energy equipment, and man-made textiles. The GST rate on mobile phones will be hiked from the current 12% to 18%. Mar 14, 2020
Bill Gates

Bill Gates to step down from Microsoft board, shifts focus to philanthropy

Bill Gates has slowly been stepping back from Microsoft in recent years. The company said he wants to dedicate more of his time to his philanthropy at the Bill & Melinda Gates Foundation, one of the world's biggest nonprofit organizations, started from the profits he made from Microsoft. Mar 14, 2020
Brazilian President Jair Bolsonaro's communications chief Fabio Wajngarten with US president Donald Trump

Coronavirus Scares: Trump might be infected, Ivanka in self-isolation after Brazil meetings

US president Donald Trump denies responsibility for administration failures earlier during the coronavirus outbreak and declares national emergency to allocate $50 billion in federal resources to fight out the viral spread of the pandemic. Meanwhile, Ivanka Trump chooses self-isolation after meetings with the Australian Home Affairs Minister Peter Dutton and Brazilian communications director, Fábio Wajngarten who were later tested Covid-19 positive. Mar 14, 2020
Reserve Bank of India

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions. Mar 12, 2020