Global Minimum Tax

GOVERNMENT NOTIFIES TWO NEW SPECIAL ECONOMIC ZONES (SEZS) IN PUDUCHERRY

India’s SEZ 2.0 framework and Union Budget 2026-27 introduce concessional domestic sales and shift performance metrics to net positive growth. These reforms aim to boost global competitiveness while mitigating challenges posed by the OECD's fifteen percent Global Minimum Tax rules.

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G20 REPORT ON GLOBAL WEALTH INEQUALITY EXPLAINED

A G20 report by the World Inequality Lab warns that India’s wealth is heavily concentrated, with the top 1% holding 40.1% of national wealth while the bottom half owns only 6.4%. It urges G20 nations to impose a 2% global minimum tax on billionaires to curb inequality.

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