India has approached multilateral development banks to extend their helping hand to help draw a roadmap for the country to be a developed country by 2
Remittances to India which account for over 60% of the region’s inflows are expected to grow only by 0.2% in 2023, World Bank said
In July, a total of 130 countries agreed to alter global tax laws to ensure that multinational corporations pay taxes at a minimum of 15%
The framework for reform, including a minimum global corporation tax rate of 15 percent, was agreed upon by 131 countries.
Total 130 countries have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate.
US Treasury Secretary Janet L Yellen said that the US and India have a shared interest in implementing a robust global minimum tax.