The office gazette of Paris
Switzerland suspended the most favoured nation clause in its tax treaty with India following an Indian Supreme Court ruling. This impacts dividend taxation, raising it to 10% for Indian entities in Switzerland from January 2025. The decision stems from differing interpretations of the MFN clause’s application concerning OECD membership and pre-existing tax treaties.
The US Federal Reserve cut the interest rate by 25 basis points on Wednesday, according to an official statement following the key FOMC meeting. This […]
Union Home Minister Amit Shah emphasizes cooperation with friendly nations on intelligence to detect anti-India outfits. He highlights the importance of new strategies to counter […]
Ukraine’s bid to blacklist Russia over high-risk money laundering was rejected by India, China, Saudi Arabia, and South Africa during the FATF discussions in Paris. […]