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Share Market Update: Sensex ends 199 points higher, Nifty at 9,251; HUL, Sun Pharma, Dr Reddy top gainers

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today




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Tax-News.com: Switzerland Sends 2019 Taxpayer Data Under CRS

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.




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Facebook allows employees to work from home until year end

The US-based firm also expects most offices to stay closed until July 6. Facebook currently employs 48,268 people, an increase of 28 percent (year-over-year)




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Tax-News.com: Nautilus Welcomes Progress On Maritime Labour Convention Amendment

Nautilus, an international trade union for maritime workers, has welcomed the outcome of top-level talks on updates to the Maritime Labour Convention to include measures to address bullying and harassment and to safeguard seafarers' wages when they are held captive.




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Tax-News.com: India To Amend GST Rates On Oil, Gas Industry

India's Goods and Services Tax Council has proposed new GST rates for the oil and gas industry.




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Tax-News.com: Singapore, Germany Add BEPS Amendments To DTA

Singapore and Germany have signed a protocol to their double taxation agreement, which brings the treaty into line with international standards and amends the maximum withholding tax rates that may be charged.




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Tax-News.com: Malaysia PM Defends Introduction Of GST

Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices.




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Tax-News.com: Cyprus Extends Deadline For CbC Reporting Entity Notification

The Cypriot tax authority has extended until January 15, 2018, the deadline for multinational corporations to submit their notifications concerning country-by-country reporting for 2017. The deadline had been December 31.




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Tax-News.com: Cyprus Extends Tax Compliance Dates In Light Of COVID-19

The Cyprus Government has announced a number of extensions to tax return filing dates.




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Tax-News.com: EU Extends Anti-Dumping Tariffs On Chinese Steel

The EU is to apply existing anti-dumping measures on Chinese imports of seamless pipes and tubes of stainless steel for another five years.




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Tax-News.com: Italy Suspends Tax Assessments Over COVID-19

On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak.




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Tax-News.com: Indonesia Explains New Dividend Tax Exemptions

Following the release of the 2020 Budget, the Indonesian Government has explained in greater detail its plans to reform the tax code to foster increased investment by foreign and domestic businesses.




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Tax-News.com: IMF Recommends Tax Reforms For Malta

The IMF has said that Malta should look for ways to diversify its tax base and strengthen tax revenues.




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Tax-News.com: Belgium Accepting Amendments To Filed CbC Reports

Belgium's tax agency has announced that its MyMinfin portal is now open for multinational taxpayers seeking to correct errors in filed country-by-country reports.




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Tax-News.com: Belgium Extends Deadlines In Light Of COVID-19

On March 18, 2020, the Belgian tax authorities announced the postponement of various value-added tax filing and payment deadlines to support companies during the coronavirus crisis.




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Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis.




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Tax-News.com: Hong Kong's Parliament Endorses Improved R And D Tax Breaks

Hong Kong's Legislative Council has passed legislation to improve the jurisdiction's tax incentives for research and development spending.




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Tax-News.com: Switzerland Sends 2019 Taxpayer Data Under CRS

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.




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Tax-News.com: Costa Rica Clarifies Amendments To Non-Cooperative Tax List

Costa Rica's Ministry of Finance has released a statement clarifying its decision to exclude a number of territories with low effective income tax rates from its list of non-cooperative territories.




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Tax-News.com: France And US Seek End To Digital Tax Dispute

According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France's new digital services tax.




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Tax-News.com: Switzerland To Amend Withholding Tax Act

The Swiss Federal Council has launched a consultation on proposals to close what it says is a loophole in the withholding tax system, in a bid to strengthen the country's debt market.




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Tax-News.com: Switzerland Extends COVID-19 Guarantee Scheme To Start-Ups

The Swiss Federal Council has announced that it will expand a system of guarantees for SMEs to provide support for start-ups during the coronavirus pandemic.




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Tax-News.com: Japan's Cabinet Endorses Tax Reform Plans

Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate.




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Amendment in the Schedule K Drugs Allows Health Workers to Dispense Drugs

Highlights: The Ministry of Health and Family Welfare has proposed changes to the drugs and cosmetics




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Tax-News.com: UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum

The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21.




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Tax-News.com: Switzerland To Amend Withholding Tax Act

The Swiss Federal Council has launched a consultation on proposals to close what it says is a loophole in the withholding tax system, in a bid to strengthen the country's debt market.




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Tax-News.com: Switzerland Extends COVID-19 Guarantee Scheme To Start-Ups

The Swiss Federal Council has announced that it will expand a system of guarantees for SMEs to provide support for start-ups during the coronavirus pandemic.




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Tax-News.com: Canada, Mexico, US Agree Free Trade Deal Amendments

Canada, Mexico, and the US have signed an agreement on amendments to their proposed new trade pact.




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Tax-News.com: Tax Extenders Passed In US Spending Package

On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms.




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Tax-News.com: US IRS Extends COVID-19 Relief To Gift Taxes

On March 27, 2020, the United States Treasury Department and the Internal Revenue Service issued a notice which extends COVID-19-related filing and payment relief to federal gift and generation-skipping taxes.




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Tax-News.com: Australia Explains End-Of-Year Reporting Under STP

The Australian Taxation Office has issued guidance on how employers can prepare for end-of-year reporting under the new Single Touch Payroll system.




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Tax-News.com: Costa Rica Clarifies Amendments To Non-Cooperative Tax List

Costa Rica's Ministry of Finance has released a statement clarifying its decision to exclude a number of territories with low effective income tax rates from its list of non-cooperative territories.




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Tax-News.com: Ireland Amends Guidance On MAP Assistance

The Irish Revenue has updated its guidelines on requesting Mutual Agreement Procedure assistance in Ireland.




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Tax-News.com: South Africa, Belgium, Jersey Extend CbC Reporting Deadlines

South Africa, Jersey, and Belgium are among a handful of territories that have recently announced an extension to the due date for country-by-country reports under the new frameworks being introduced under Action 13 of the OECD's base erosion and profit shifting Action Plan.




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Tax-News.com: UK Crown Dependencies Introducing Economic Substance Rules

Each of the Crown Dependencies – Jersey, Guernsey, and the Isle of Man – have tabled legislation that will introduce new substance requirements for tax-resident firms engaged in certain industries from January 1, 2019.




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Tax-News.com: Singaporean BEPS Treaty Amendments Become Effective

The Inland Revenue Authority of Singapore has announced that the BEPS multilateral instrument entered into force for several of its double tax treaties on April 1, 2019.




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Tax-News.com: Turkey Extends VAT Exemption For Machinery

On December 24, 2019, a law was published in Turkey's official gazette extending a value-added tax exemption for the purchase of machinery and equipment.




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Tax-News.com: Malta Told To Amend VAT Rules For Yacht Leasing

The European Commission has again asked Malta to amend its method for calculating VAT on yacht leasing.




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Tax-News.com: COVID-19: Austria Suspends Tax Administrative Proceedings

The Austrian Ministry of Finance has announced that proceedings in relation to tax offences and the payment of duties and fees will be extended due to restrictions on movement imposed as a result of the COVID-19 virus.




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Tax-News.com: Poland Extends TP Documentation Deadlines In COVID-19 Response

On April 17, 2020, the President of Poland signed legislation into law to extend transfer pricing documentation deadlines, as part of a package of additional COVID-19 economic support measures.




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Tax-News.com: COVID-19: UAE Extends VAT Deadline From April To May 2020

The United Arab Emirates' Federal Tax Authority has announced changes to value-added tax filing and payment deadlines, for tax periods that ended on March 31.




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Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis.




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Tax-News.com: France And US Seek End To Digital Tax Dispute

According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France's new digital services tax.




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LGBT Youth Study: Parents Still Tend to Pray the Gay Away

Most parents force youngsters of LGBT community to undergo conversion therapy (back to normal), they even tend to involve therapists, and religious leaders




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Guide for Physicians to Help Manage Gender Dysphoria in Adolescents

A review for primary care physicians published in iCMAJ (Canadian Medical Association Journal)/i, aims to provide care to the growing number of identified transgenders among adolescents.




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Drug Resistance Compromises Recommended Treatment for Gonorrhoea

Gonorrhoea is the second most common sexually transmitted infection across the European Union and European Economic Area (EU/EEA) countries with almost 5,00,000 reported cases between 2007 and 2016.




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Transgender Youth Faced With Tough Decision to Freeze Sperm or Eggs: Study

Key factors such as family values, gender dysphoria, the cost of the procedure or not feeling ready to make such an important, lifelong decision at their





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Perfect 5 Ways to Make Your Office More Eco-Friendly

Whether you work in a small office or a large commercial building doesn't mean your workplace can't be green. Creating a greener workplace is very simple




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Green Christmas: Let's Celebrate an Eco-friendly Christmas

Christmas is here again to cheer us with love, joy, good health and peace. With hustle and bustle of Christmas, let us take some time to think about celebrating