OECD

Currently firms and workers are facing a jumble of complicated rules on when a worker needs to pay tax if they are staying in different countries for prolonged periods

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OECD expects India's gross domestic product (GDP) to grow at 6.9 per cent in FY23 against 7 per cent estimated by the Central Statistical Organisation

2023 global growth forecast raised to 2.6% from 2.2% previously; OECD says risks to outlook remain high as interest rates rise

These are the top five economies in the world, excluding India. India's growth rate has also been slowing after a stellar second quarter, showed data released on Tuesday

Under Pillar One of BEPS, multinational enterprises with global turnover above 20 billion euros and pre-tax profit above 10 percent of revenue will have to pay 25 percent of the profit before tax

The 2022 STRI reflects restrictions that apply on key strategic services sectors such as rail freight transport, legal services and accounting, OECD said

The Paris-based organization said it is revising up calculations of potential fiscal gains based on data showing more profits of the biggest global companies would be captured

A Business Standard analysis found that the country mirrored the global trend, with the rate of growth slowing from the same quarter last year

Says India is set to be second-fastest growing G-20 economy in FY23, despite decelerating global demand and tightening of monetary policy to manage inflationary pressures

India, with a growth rate of 6.6 per cent in this financial year, is among the fastest growing economies in Asia amid a global slowdown triggered by a massive energy shock due to the ongoing Russia-Ukraine conflict, the OECD said on Tuesday. The Organisation for Economic Cooperation and Development (OECD), the Paris-based intergovernmental body that focuses on economic policy reports in its latest Economic Outlook' that India is set to be the second-fastest growing economy in the G20 in FY 2022-23 behind Saudi Arabia, despite decelerating global demand and the tightening of monetary policy to manage inflationary pressures. The GDP growth in the country will slow to 5.7 per cent in FY 2023-24 as exports and domestic demand growth moderate, but it would mean it would still be growing more than many other G20 economies including China and Saudi Arabia. After hitting 6.6 per cent in FY 2022-23, GDP growth is expected to slow in coming quarters, to 5.7 per cent in FY 2023-24, before ...

In its half-yearly economic outlook, the OECD said that UK's economy would expand by 4.4 per cent this year - the sixth fastest in the G20 - but contract by 0.4 per cent next year

New return to also seeks details on foreign equity and debt held by resident Indians; much more exhaustive list for NRIs

Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released

Indian students are not just more likely to stay in developed countries on extended permits, but they are also highly likely to get a work permit during their stay

The exchange of information on cryptocurrency between countries will become automatic under the new framework propsed by OECD

PMI for services sector released by S&P Global dipped to 54.3 in September from 57.2 in August as weak external demand weighed on overall sales, with international order declining during the month

In a bleak report titled Paying the price of war, the Paris-based organisation noted that the conflict aggravated inflationary pressure when the cost of living was already rising quickly.

S&P noted that India's domestic recovery from Covid-19 would continue to support growth in FY23

Russia's war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world's poorest, the Organization for Economic Cooperation and Development warned Monday. The Paris-based OECD reported that 60 states, territories and locations fell last year into the category of fragile contexts'' meaning they were exposed to economic, environmental, social and political risks that they didn't have the capacity to absorb. And that was before Russia invaded Ukraine and intensified their burdens. Monday's report designated the most places in such dire straits since the OECD began issuing its States of Fragility report in 2015. The 60 account for 24% of the world's population, 73% of those living in extreme poverty, 80% of those who died in conflicts and the vast majority of the world's hunger hotspots.'' And they are home to 95% of the record 274 million people the United Nations says need humanitarian assistance. We are in an era