China to introduce VAT to telecom sector
It has been reported that authorities in China are all set to replace the current turnover tax with value-added tax in the nation's telecom...
Philippine banks becoming more strict about consumer lending
Banks in the Philippines have become more strict when it comes to lending to consumers. It has been reported that the country's banks are...
Infrastructure projects in China to help economic growth
The country of China is slowly moving towards progress by inviting investments in rail, harbor and energy sectors. China made announcement 80 major public...
Tax increase in Japan to have impact on other Asian economies
The recent sales tax increase of 8% in Japan has been brought into effect as of April 1, 2014. Following the tax hike, consumers...
Petrol prices in India to be reduced this week
There are chances that petrol prices in India will be reduced by state-run oil marketing companies this week. The price reduction is expected to...
Indonesia planning to impose 20% tax on mobile phones
Trade Ministries along with Indonesia’s Industry have decided to impose a 20% luxury goods sales tax on mobile phones. The latest move will improve...
Japanese Prime Minister might reduce tax benefits for women
The reflation campaign by the Japanese Prime Minister Shinzo Abe in 2013 attracted many women to work. It has been reported that Abe is...
China finding new ways to raise funds to deal with climate change
An official at China's top economic planner stated on April 1, 2014 that it is likely that the country will be selling its debt...
Latest tax rebate policy in China to improve exports
The latest tax policy in China will enable trade service companies to apply for exemptions for export goods or tax rebates. The new policy...
Japanese consumers go on shopping spree before tax increase
The Asian country of Japan is soon going to have its first sales tax increase in years. Due to this, shoppers in Japan are...
