Parliament approved India's biggest overhaul of indirect taxes on Monday after the lower house ratified a constitutional amendment Prime Minister Narendra Modi called a major step to make doing business easier.
The proposed go
India's upper house of parliament backed a major tax reform on Wednesday that seeks to transform the country into a common market, though opposition benches urged Finance Minister Arun Jaitley not to overtax businesses and consumers.
The latest changes to Qatar’s tax and regulatory systems, including the introduction of a Wage Protection System (WPS), will be highlighted in a forthcoming report on the country by global publishing firm Oxford Business Group (OBG).
The governments in the Mena region have implemented new tax regimes and expanded their commercial laws relating to inward investment and now more tax reforms are likely in 2011, said a top Ernst & Young official.
'Changes in the re