tax

Nandan Nilekani In Hot Water Due To GST Glitches?

The shortcomings of Infosys Ltd. which is the service provider for the GSTN portal has been clearly visible via the continually persisting glitches in the GST Network (GSTN) portal. This has led to a lot of difficulty for taxpayers...

India Wants A Bigger Chunk of $100 Billion In Global Taxes Levied On Google, Facebook and Amazon

It has been reportedly found out that India is adamantly pushing for a huge change at Organisation for Economic Cooperation and Development (OECD) to impose a fair share out of the estimated $100 billion global taxes, on global multinational...

The Curious Case Of Amazon: $800 Bn Valuation, $11.2 Bn Profit And Whopping $0 Tax

Amazon.com, Inc. (NASDAQ:AMZN) is currently valued at $800 billion - the third most valued tech firm, trailing behind only Microsoft and Apple - the two tech behemoths. Jeff Bezos, CEO and Founder - Amazon.com, toppled Bill Gates, Founder of Microsoft,...

SMEs And Startups In UK Should Wise Up When It Comes To Tax Avoidance

At the end of last year, small businesses received a bit of a wake-up call from HMRC. Specifically, it was reported that HMRC collected an additional £474million in corporate tax as a result of investigations into SMEs during the...

Can Nokia ‘Afford’ To Abandon India: The Bigger Debate!

Last week Nokia Corporation (NYSE:NOK) rocked the Indian market by stating “India has become least favorable market”. The Finnish handset maker conveyed the message to Indian government in June though; the impact is largely being visible across the industries,...

Indian IT Department Slaps Notice To Google India: Perfect Timing OR Just A Co-Incident ?

You can call it just a co-incident or probably the ill-fated post-discussion effect between Telecom minister Kapil Sibel and Google, held recently. Income Tax Department of India has imposed a notice on Google India - an Indian regulatory of Google- accusing of...

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Facebook Ups The Ante Against Data Scrappers: Files Lawsuit For Harvesting Users’ Information

If your business has got anything to do with scrapping data from various websites, it's time for you to...