US had last March proposed retaliatory trade actions against India and other countries that imposed or were considering equalisation levy/digital services tax on e-commerce firms.
The office of the US Trade Representative said the taxes are 'inconsistent with prevailing principles of international taxation, and burden or restricts U.S. commerce.'
Determinations on the 3 countries are due because all of them have instituted so-called digital services taxes — or levies on local sales of companies such as Google — this year.
Former Bangladesh Prime Minister Sheikh Hasina has, in a sense, tasted her own medicine. The International Crimes Tribunal, the special court she instituted for...
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
The balance of power is firmly with the government. The party an appendage.