Economy
`Extend scope of ESOP taxation'
THE Associated Chambers of Commerce and Industry of India (Assocham) has suggested that the present scheme of taxation of employee stock options be extended to stock options issued by a parent company to the employees of its subsidiary/associate company.
World Bank to relax conditions for loans
THE World Bank is moving away from the practice of imposing strict ``conditionalities'' for extending loans to countries, according to Mr Vinod Thomas, Vice-President, World Bank Institute, Washington.
India, ASEAN studying trade links
INDIA and the Association of South-East Asian Nations (ASEAN) are currently undertaking a joint study on establishing linkages between India and the ASEAN Free Trade Area (AFTA), the Secretary-General of ASEAN, Mr Rodolfo C. Severino, has said.
Provisional duty mooted on theophylline, caffeine
THE Designated Authority in the Commerce Ministry has recommended the imposition of provisional anti-dumping duties on all imports of theophylline and caffeine from the European Union (EU).
Luxembourg offers scope for financial tie-ups
THE financial sector is one of the major areas which is particularly promising and offers mutually beneficial business opportunities to India and Luxembourg.
Moore's visit and the next round
THE brief visit of the Director General of the World Trade Organisation (WTO), Mr Mike Moore, to India and his almost hour-long interaction with the Union Commerce & Industry Minister, Mr Murasoli Maran, on Tuesday once again testify to the growing clout
of India as a proactive player in the run-up to any new round of trade liberalisation talks, after the failure at Seattle in November 1999 at the third ministerial meeting.
Taxation
OECD panel consensus on taxing e-com profits
MEMBERS of the Organisation of Economic Cooperation and Development (OECD) committee on fiscal affairs, the main forum for multilateral discussions of tax matters between the world's most developed countries, have reached a consensus on how to apply one
of the conditions that, under tax treaties, determine a country's right to tax profits from electronic commerce.
