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Tag: Digital tax

International

Italy to levy web tax on digital giants from 2020

October 19, 2019October 19, 2019 - by Abdul

News:Italy has approved a new tax on digital companies including U.S. tech giants as part of its 2020 draft budget. Facts: Why is digital tax? The digital tax aims to …

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Economy

G20 Finance Ministers call for creation of digital tax

June 10, 2019July 4, 2019 - by Abdul

Recently,G20 finance ministers at a meeting Japan has agreed to compile common rules to close loopholes used by global tech giants to reduce their corporate taxes. Global technology firms such …

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Economy

Govt mulling tax on cash withdrawal of Rs 10 lakh a year

June 10, 2019July 4, 2019 - by Abdul

The government is planning to introduce a tax on cash withdrawals of Rs 10 lakh in a year.The government is planning this move to discourage use of paper currency, promote …

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