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ministry of finance

auto parts gst: Union Budget 2024: Incentivise capex, rationalise GST rates on EVs, components make part of ACMA’s Budget wishlist

by Horatio Thompson
auto parts gst: Union Budget 2024: Incentivise capex, rationalise GST rates on EVs, components make part of ACMA’s Budget wishlist

Auto components industry body ACMA on Monday called for incentivising capex expenditure, increasing depreciation rates on plant and machinery and rationalising GST rates on EVs and its components, ahead of …

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China must ‘liberate’ mind, embrace primary market treasury-bond purchases by central bank: finance ministry researcher

by Ron Morgan
China must ‘liberate’ mind, embrace primary market treasury-bond purchases by central bank: finance ministry researcher

While the resumption of China’s central bank’s treasury-bond trade has stirred fierce debate over Beijing’s leaning towards quantitative easing, a prominent researcher affiliated with the Ministry of Finance has called …

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China’s local governments swap debt for data as pressure builds to relieve burdens

by Anas Siddiqui
China’s local governments swap debt for data as pressure builds to relieve burdens

Last year, China approved an updated set of accounting rules that allows companies to include data resources as either “intangible assets” or “inventories” in their financial statements. 08:36 A vanishing …

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16th Finance Commission Invites Applications For Young Professionals Consultants On Contract Basis

by Judith Hall
16th Finance Commission Invites Applications For Young Professionals Consultants On Contract Basis

Home Education 16th Finance Commission Invites Applications For Young Professionals Consultants On Contract Basis Applicants are required to send their applications only by e-mail. (File) Young Professionals Consultants On Contract …

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Huawei Said to Be Accused of Tax Evasion in India

by Maya Ortiz
Huawei Said to Be Accused of Tax Evasion in India

An Indian tax investigation on China’s Huawei has found that the telecoms equipment maker manipulated account books to reduce its taxable income in the country, an Indian government source told …

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China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources

by Anas Siddiqui
China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources

“The meetings between Hong Kong and the leaders at the Ministry of Finance [on Wednesday] and the meeting with the PBOC governor last month reflect that the central government [in …

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Singapore offers one-time rebate up to 100% for homeowners to cushion impact of higher property taxes

by Walter Watson
Singapore offers one-time rebate up to 100% for homeowners to cushion impact of higher property taxes

A one-off property tax rebate for owner-occupied homes, ranging from 100 per cent for the smallest public flats to 15 per cent for private properties, will be given next year …

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tesla: Tesla ready to drive in up to $2 billion, but with riders

by Horatio Thompson
tesla: Tesla ready to drive in up to  billion, but with riders

US electric carmaker Tesla is willing to invest up to $2 billion for setting up a local factory if the government approves a concessional duty of 15% on imported vehicles …

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