World debt jumps to a brand new excessive of $226 trillion: IMF

World debt jumps to a brand new excessive of $226 trillion: IMF

[ad_1] As a result of COVID-19 and insurance policies put in place to reply to it, the global debt has jumped to a brand new excessive of USD 226 trillion with India’s dues projected to rise to 90.6 per cent in 2021, the Worldwide Financial Fund mentioned on Wednesday. Advanced economies and China contributed greater … Read more

OECD deal: MNCs might be topic to a minimal tax of 15% from 2023

OECD deal: MNCs might be topic to a minimal tax of 15% from 2023

[ad_1] Multinational corporations might be topic to a minimum tax of 15% from 2023, in a serious reform of the worldwide tax system finalised by the OECD on Friday. The framework, backed by 136 nations, together with India, seeks to make sure a fair proportion of taxes for nations the place multinationals and world digital … Read more