Real wage growth has been under pressure since 2021-end and will continue to decline in many countries, according to an OECD report
PM Modi has urged citizens to focus on five resolutions to make India a developed nation in the next 25 years. How will the country and its economy have to perform to achieve this goal by 2047?
Country's per capita income would need to grow 12.4% consistently to match that of OECD countries within the next 25 years
Tax evaders explore other avenues to shift their unaccounted wealth through investment in non-financial assets, Sitharaman pointed out
Electricity output rose to double digits in April
Minimum global corporate tax rate solves many problems
Says world economy to grow 3% this year, much less than the 4.5% expected earlier
The institution said that headline inflation is projected to ease gradually, though remaining above the central bank's upper tolerance limit of 6 percent throughout 2022 and 2023.
The organization slashed its outlook for global growth this year to 3% from the 4.5% it predicted in December and doubled its inflation projection to nearly 9% for its 38 member countries
Court says firm can pay "under protest", subject to final order; dispute could trigger similar rows in tax matters with MNCs, experts warn
Discusses adopting multilateral approach in tax treaties for faster solution
India will hold the Presidency of the G20 from December 1, 2022 to November 30, 2023, culminating with the G20 Summit in India in 2023
Rules prescribe method of calculation of excess profit, top-up tax, effective tax rate, etc
A higher rate of 25 per cent will reduce the risk of such a counterproductive outcome
The coronavirus pandemic hit the economy hard, and its recovery has been relatively modest but growth is on course to regain momentum, the OECD said
Global growth is set to hit 5.6% this year before moderating to 4.5% in 2022 and 3.2% in 2023, the Organisation for Economic Cooperation and Development said
OECD said price gains will peak at the turn of the year as demand stabilizes, supply bottlenecks fade and people return to the labor force
US to withdraw threat of retaliatory trade action
Such a move may not have a long-term impact on dampening U.S. oil prices that hit a seven-year high above $85 a barrel in late October, analysts say
FDI inflows to India dip 51 per cent in first half of 2021