Under Japan’s current tax system, app and game companies are responsible for paying the consumption tax on app sales themselves. However, many overseas companies are believed to have failed to ...

Currently, the Japanese tax-free shopping system is one of the most convenient in the world, with the 10 percent consumption tax deducted right at the point of payment after showing your passport.

Private consumption, which accounts for more than half Japan's economic output, probably shrank by 0.3% after being revised down to 0.7% in the third quarter. Analysts pointed out the creeping ...

Read more about Cryptonews The Japanese Finance Minster Katsunobu Kato has promised Tokyo will review the nation’s controversial and much-maligned crypto tax laws by the end of June this year. Per the ...

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation.

By giving a Rs 1 lakh crore stimulus to the middle-class in the form of tax breaks, the Union Budget has shifted the narrative for stock market investors in favour of capex rather than consumption.

Japan may reclassify crypto as similar to securities, enabling ETFs and lowering taxes from 55% to 20%. Planned reforms aim to enhance investor protection and align crypto with traditional financial ...

Young woman on mountain top makes heart shape finger frame Young woman on mountain top makes heart shape finger frame Young woman hiking on the mountain top makes a heart shape finger frame above her ...

Hence, only half of the revenues foregone by the government by the revision will boost consumption. The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 ...

The proposed reforms may align crypto taxation with financial income tax ... the first Japanese exchange to list USD Coin (USDC), collaborating with U.S.-based Circle and regulatory authorities to ...

NEW DELHI -- India will cut personal income tax rates to spur middle-class spending and accelerate growth in the world's fifth-biggest economy, Finance Minister Nirmala Sitharaman said Saturday as ...