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<p style="text-align:justify"><em>Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister</em></p>
<p style="text-align:justify">A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation and scope of subject-to-tax rules were yet to be addressed, and a ‘consensus agreement’ was expected by October.</p>
<p style="text-align:justify">A total of 130 countries on Thursday agreed to an overhaul of global tax norms to ensure multinationals pay taxes wherever they operate and at a minimum 15% rate.</p>
<p style="text-align:justify">The solution should result in allocation of meaningful and sustainable revenue to market jurisdictions, particularly for developing and emerging economies, the Ministry said in a statement. A majority of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting members (including India) on Thursday adopted a statement containing an outline of a consensus solution to address tax challenges arising from digitalisation of the economy, it added.</p>
<p style="text-align:justify">It comprises Pillar One — reallocation of additional share of profit to the market jurisdictions, and Pillar Two — regarding minimum tax and subject-to-tax rules.</p>
<p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/india-sees-consensus-by-oct-on-oecd-g20-global-tax-deal/article35108002.ece?homepage=true">click here</a> to read more. </p>
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LATEST NEWS UPDATES | India sees ‘consensus’ by Oct. on OECD-G20 global tax deal </title>
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Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister
A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation..."/>
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<meta property="og:description" content="-PTI/ The Hindu
Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister
A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation..." />
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<a href="https://im4change.in/latest-news-updates/india-sees-consensus-by-oct-on-oecd-g20-global-tax-deal.html" target="_blank">India sees ‘consensus’ by Oct. on OECD-G20 global tax deal</a>
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<br><small>July 3, 2021</small>
<p style="padding-top: 6px;">-PTI/ The Hindu
Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister
A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation and scope of subject-to-tax rules...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-Down to Earth
A behind-the-scenes look helps one know that human as well as economic costs need to be paid upfront to make either solar grade silicon or put together a million lithium batteries
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-OutlookIndia.com
The stranded migrant crisis caused by the national lockdown, imposed with little notice, in March 2020 shook the conscience of the nation.
On June 29, the Supreme Court passed an important judgment providing relief to migrant and unorganized sector workers in a case where it has...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-Press release by National Alliance of People's Movements (NAPM) dated 2nd July, 2021
The sudden and unplanned lockdown imposed by the union government in March 2020 in the wake of pandemic had caused immense hardship to the informal sector workers. After much criticism and concern on...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-TheWire.in/ PARI
In Bihar's villages, during the lockdown last year, teenage girls were married off to young male migrant workers who returned home. Many are now pregnant and anxious about what comes next.
Both are 17, both are pregnant. Both of them collapse easily into giggles, sometimes...</p>
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<br><small>July 3, 2021</small>
<p style="padding-top: 6px;">-PTI/ The Hindu
Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister
A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation and scope of subject-to-tax rules...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-Down to Earth
A behind-the-scenes look helps one know that human as well as economic costs need to be paid upfront to make either solar grade silicon or put together a million lithium batteries
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-OutlookIndia.com
The stranded migrant crisis caused by the national lockdown, imposed with little notice, in March 2020 shook the conscience of the nation.
On June 29, the Supreme Court passed an important judgment providing relief to migrant and unorganized sector workers in a case where it has...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-Press release by National Alliance of People's Movements (NAPM) dated 2nd July, 2021
The sudden and unplanned lockdown imposed by the union government in March 2020 in the wake of pandemic had caused immense hardship to the informal sector workers. After much criticism and concern on...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-TheWire.in/ PARI
In Bihar's villages, during the lockdown last year, teenage girls were married off to young male migrant workers who returned home. Many are now pregnant and anxious about what comes next.
Both are 17, both are pregnant. Both of them collapse easily into giggles, sometimes...</p>
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<br><small>July 3, 2021</small>
<p style="padding-top: 6px;">-PTI/ The Hindu
Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister
A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation and scope of subject-to-tax rules...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-Down to Earth
A behind-the-scenes look helps one know that human as well as economic costs need to be paid upfront to make either solar grade silicon or put together a million lithium batteries
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-OutlookIndia.com
The stranded migrant crisis caused by the national lockdown, imposed with little notice, in March 2020 shook the conscience of the nation.
On June 29, the Supreme Court passed an important judgment providing relief to migrant and unorganized sector workers in a case where it has...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-Press release by National Alliance of People's Movements (NAPM) dated 2nd July, 2021
The sudden and unplanned lockdown imposed by the union government in March 2020 in the wake of pandemic had caused immense hardship to the informal sector workers. After much criticism and concern on...</p>
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<br><small>July 2, 2021</small>
<p style="padding-top: 6px;">-TheWire.in/ PARI
In Bihar's villages, during the lockdown last year, teenage girls were married off to young male migrant workers who returned home. Many are now pregnant and anxious about what comes next.
Both are 17, both are pregnant. Both of them collapse easily into giggles, sometimes...</p>
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LATEST NEWS UPDATES | India sees ‘consensus’ by Oct. on OECD-G20 global tax deal
-PTI/ The Hindu
Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister
A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation and scope of subject-to-tax rules...
-Down to Earth
A behind-the-scenes look helps one know that human as well as economic costs need to be paid upfront to make either solar grade silicon or put together a million lithium batteries
A recent analysis performed by the National Aeronautics and Space Administration shows that...
-OutlookIndia.com
The stranded migrant crisis caused by the national lockdown, imposed with little notice, in March 2020 shook the conscience of the nation.
On June 29, the Supreme Court passed an important judgment providing relief to migrant and unorganized sector workers in a case where it has...
-Press release by National Alliance of People's Movements (NAPM) dated 2nd July, 2021
The sudden and unplanned lockdown imposed by the union government in March 2020 in the wake of pandemic had caused immense hardship to the informal sector workers. After much criticism and concern on...
-TheWire.in/ PARI
In Bihar's villages, during the lockdown last year, teenage girls were married off to young male migrant workers who returned home. Many are now pregnant and anxious about what comes next.
Both are 17, both are pregnant. Both of them collapse easily into giggles, sometimes...
