An Oxford Economics report has forecast that Indonesia’s GDP will grow 6 percent this year, significantly more optimistic than earlier projections that put growth at 4.4 percent to 4.5 percent.
Covid Pandemic Triggered Drop In Direct Taxes In 2020, Says Finance Secretary Pandey
Pandey also said buoyancy in Customs collection would be due to many factors, including the introduction of faceless assessment.
India Inc’s Budget Wish List Takes a Lesson From Covid-19 With Rare Health Spending Demand
The rare emphasis by these two business chambers on hiking health spend follows close on the heels of some MPs ticking off the government for inadequate health infra. A parliamentary standing …
India’s tax pie gets altered because of pandemic; share of direct taxes drops
India’s tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect …
How will fintech fare in Georgia’s Senate runoff?
The final outcome of the November election will be decided on Jan. 5 in Georgia, with the balance of power in the Senate at stake, as well as at least two years of financial services and technology …
Jordan- Hybrid vehicle fees hike by 5% in place per 2018 Cabinet decision-JFZIC
The Chairman of Jordan Free Zone Investor Commission (JFZIC), Mohammad Bustanji, said the rise on hybrid vehicles tax by 5% in 2021 was part of the Cabinet’s decision taken in June of 2018, which …
South Korea’s population shrinks for first time ever, with trend expected to worsen amid Covid-19
The fertility rate, already the lowest in the world, is expected to decline further amid the Covid-19 pandemic, as worries over unemployment and housing costs have deterred young people from starting …
Opinion| Protecting consumer interests – key to stable digital finance
To achieve Financial inclusion, we need to build consumer awareness and financial literacy. In the digital era, we need to showcase digital-safety measures to boost consumer confidence and to earn the …
Exporters in a post-Covid world need finance and favourable trade winds
From working capital to trade finance, an MSME exporter finds access to credit extremely difficult. The Reserve Bank of India’s data shows that loans to MSMEs had fallen 4.96% year-on-year.
India’s manufacturing sector continues to expand in December
Data released by analytics firm IHS Markit on Monday showed Purchasing Managers’ Index (PMI) for manufacturing sector picked up marginally in December to 56.4 from 56.3 a month ago …