EU: EU plan for digital income tax is shot down
European Union finance ministers failed to agree on a tax on digital income, despite a last-minute plan by Germany and France to save the proposal. The EU’s executive arm proposed a 3 percent
India and Singapore are set to enhance their collaboration in the realm of green finance, according to statements made by NITI Aayog Vice Chairman, Suman Bery.
Expressing optimism about the future of this partnership, Bery emphasised the potential for the two nations to collaborate within the framework outlined in the G20 New Delhi Leaders’ Declaration on sustainable finance.
As part of the Distinguished Visitors Programme (DVP) initiated by Singapore’s Ministry of Foreign Affairs, Bery’s three-day visit aimed at bolstering bilateral ties and fostering cooperation across various levels.
Speaking on the prospects of green finance, he noted that significant strides could be made within the framework established in the New Delhi Leaders’ Declaration on sustainable finance, adopted on September 9 of the previous year.
The declaration commits to pursuing environmentally sustainable and inclusive economic growth in an integrated and holistic manner.
In addition to green finance, Bery addressed Singapore’s advancements in artificial intelligence (AI).
Bery highlighted the compatibility of technology establishments in both Singapore and India, suggesting potential for technological collaboration and human interchange in the field of AI.
Bery also acknowledged Singapore’s consistent advocacy for India’s active participation in the ASEAN Circle, underscoring the historical civilisation links between India and the region.
NITI Aayog, as India’s premier public policy think tank, actively contributes to the nation’s development by promoting research, innovation, and providing strategic policy vision.
European Union finance ministers failed to agree on a tax on digital income, despite a last-minute plan by Germany and France to save the proposal. The EU’s executive arm proposed a 3 percent
The European Commission proposed on Tuesday new joint European Union borrowing of 150 billion euros ($157.76 billion) to lend to EU governments for defence as part of an overall 800 billion financing
Press Release from: Carey Olsen, Friday 27 June, 2025. Carey Olsen is pleased to announce that it has promoted six lawyers to the partnership, with effect from 1 July 2025. The new partners are Alexander
China said on Thursday it will temporarily exempt foreign firms from paying provisional income tax on profits they re-invest into the economy, in a bid to stop foreign firms shifting their operations