Finance Ministry Sets 15% Capital Gains Tax on Digital Assets Above €500 Exemption
Greece proposes a 15% crypto capital gains tax with a €500 exemption. The measure awaits parliamentary approval and…
European Commission Proposes Carbon Levies on International Flights, Airlines Warn of Higher Fares
New EU carbon levies on international flights are set to raise ticket prices and impact transatlantic travel as…
U.S. Proposes 12.5% Section 301 Duty on Indian Imports Over Forced Labor Enforcement
The U.S. proposes a 12.5% duty on Indian imports due to forced labor concerns, complicating trade talks ahead…
Assessing Officer Flags Bogus Purchases, but Accepted Sales Can Limit Tax Additions
India's tax authorities target bogus purchases from untraceable suppliers; accepted sales records can limit tax additions to profit…
Rupee Near ₹100 Per Dollar, Economist Panagariya Says RBI Should Avoid Defending Rate
Arvind Panagariya advises the RBI against a rigid defense of the ₹100 rupee level, focusing instead on managing…
India Hikes Customs Duty on Gold and Silver to 15%, Cites West Asia Crisis
India hikes gold and silver import duties to 15% as of May 13, 2026, to curb the trade…
France Promises Aid as Middle East Tensions Push Jet Fuel Prices Higher
France plans aid for airlines squeezed by rising jet fuel prices tied to Middle East conflict. EU officials…
Lufthansa and Europe’s Airlines Hit by Iran War as Jet Fuel Prices Surge
European airlines cut flights and hike fares as the 2026 Iran war drives fuel prices up 84%, creating…
India and New Zealand Sign Free Trade Agreement, Pledge $20 Billion Investment
India and New Zealand sign a 2026 FTA offering 100% duty-free access for Indian exports and a $20…
EU Tightens Waste Shipment Rules, Forcing Digital Product Passport for Ecodesign
The EU's new textile regulations and digital passports impose strict sustainability and traceability standards on African exporters through…
U.S. Customs and Border Protection Opens $166B Tariff Refund Portal After Court Ruling
CBP opens CAPE portal for $166B in tariff refunds following Supreme Court ruling. Importers must file via ACE…
Jack Daniel’s Ban Fuels Trade War Thirst as Doug Ford Seeks New U.S. Deals
Ontario and other Canadian provinces maintain bans on U.S. alcohol into 2026, sparking a domestic spirits boom and…
Businesses Must Align Accounting Systems with FY 2026-27 Tax Rules to Avoid Penalties
A guide to FY 2026-27 tax compliance, covering TDS, GST filing choices, e-invoicing, LUT filings, and IEC updates…
IMF Defines Forex Reserves as Balance-Of-Payments Shield. India Holds $697 Billion
India's forex reserves hit $697.1 billion in April 2026, securing 11 months of imports and stabilizing the rupee…