By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state’s right to tax them, according to its draft and government documents seen by Reuters. The bill also attempts to upgrade India’s investment climate […]
By Tabita Diela JAKARTA (Reuters) – Indonesia’s parliament on Wednesday told the government to tax a wider range of plastic products than it had proposed, but held off on the administration’s plans to levy sweet drinks and polluting vehicles. The government had at first proposed to impose excise taxes on plastic bags, sweetened beverages and […]
By Lindsay Dunsmuir WASHINGTON (Reuters) – U.S. Federal Reserve policymakers have already begun responding to the coronavirus with an emergency interest rate cut and a reopening of their crisis tool kit, all without a clear idea of what damage is being done outside of plummeting financial markets. In addition to likely cutting rates further when […]
