Multinational Corporations

Finance Bill: Withholding tax on royalty and technical fee doubled to 20%

The decision is part of the 64 amendments introduced through the Finance Bill 2023

Office space demand can translate into high returns, say experts

Oversupply, poor maintenance can, however, play spoilsport

China's Covid-19 policy responsible for exodus of MNCs, says report

China's Zero-Covid policy and its sporadic lockdowns are pushing multinational firms from its lands to different countries, a media report

NMDC institutes in Chhattisgarh's Dantewada district send youths to MNCs

Besides mining, the company has pioneered development initiatives and steered changes in improving the quality of education in remote areas as part of its corporate social responsibility (CSR).

Senate Democrats approve big Biden deal worth $740 bn; House to vote next

Democrats pushed their election-year economic package to Senate passage, a hard-fought compromise less ambitious than Biden's original domestic vision but one that still meets deep-rooted party goals

Global minimum tax will make developing nations less attractive: UN report

The proposed reforms, planned for 2023 or 2024, aim to discourage multinationals from shifting profits to low-tax countries

From Coca-Cola to Apple Inc, here are India's best unlisted companies

In all, 18 out of the best 30 unlisted companies in the 2021 league table are local subsidiaries of global multinationals.

Activists behind Shell climate verdict target 30 major corporate emitters

The Dutch wing of environmental group Friends of the Earth, which won a landmark court victory against Royal Dutch Shell last year, is targeting 30 major corporate emitters in a campaign

Will Indian conglomerates also go the General Electric way?

Johnson and Johnson, GE and Toshiba recently announced split into multiple entities. Do the demands of an emerging market like India require a different approach? Let's find an answer to this question

G-20 endorses global corporate minimum tax: What it means for business

It aims to deter multinationals from stashing profits in countries where they pay little or no taxes--commonly known as tax havens.

Global corporate tax overhaul faces a rocky road to completion

G20 finance chiefs due to endorse deal at Venice talks; EU faces battle to turn it into bloc-wide law; US Republican misgivings could add hurdles

$150-billion prize in sight for global talks on minimum corporate tax

Alongside negotiations on a global minimum rate, the OECD is working on a system to divide up between governments the rights to tax multinationals

Global tax, local complexities: What G7 corporate tax deal means for India

The recent G7 proposal of a global minimum tax has mixed implications for Indian corporations, foreign majors operating here and the tax authorities

CFOs cite long-term, financial impact of global pandemic as top challenge

A majority of CFOs interviewed see the long-term and financial impact of the global pandemic as one of their top challenges over the next three years, according to a survey

Companies grapple with transfer pricing woes as tax deadline draws near

Previous approaches fall short amid Covid-19 volatility in numbers

Thomson Reuters reshapes corporate structure for post-pandemic world

The news and information group said it would invest $500 million to $600 million over two years to make the transition from a content provider to a content-driven technology company

Firms' next challenge: Handling staff refusing to take Covid-19 vaccine

Top European biz group with representation from top firms to approach govt for guidelines

Explained: Why cryptos are gaining currency globally amid bitcoin rally

Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game

Global litigation financiers plan India entry to target company disputes

The concept of litigation finance is widely prevalent in Australia, the United Kingdom and the United States

Indian employers see better hiring intent for first quarter of 2021: Survey

Corporate India is showing "healthy signs of recovery" and plans to hire more people in the first three months of 2021 compared to the quarter ending December, a survey said on Tuesday. According to the ManpowerGroup Employment Outlook Survey that covered 1,518 employers across the country, the employment trends in the first quarter of 2021 is expected to be on the rise with a Net Employment Outlook of 5 per cent. The outlook has registered an increase of two percentage points for the first three months of 2021 compared to the December quarter. The sectors expected to drive the job market in the 2021 first quarter include finance, insurance and real estate, and mining & construction sector. All other sectors indicate negative growth in this quarter, the survey said. "Corporate India is showing healthy signs of recovery and an overall positive sentiment is gripping the market. Many of the deep-rooted structural factors that have sustained Indian economy over the years like ...