The World Bank said in a recently released report that South Asia's rapid economic growth has not yet translated into significantly higher government revenue generation and improved fiscal balances.Read Full Story
In its recent Global Economic Prospects report, published this month, the World Bank has called on countries in South Asia to broaden the scope of their consumption tax regimes, including by removing tax breaks and raising rates. Read Full Story
More efforts are needed to improve tax collection in countries in South Asia to address inequality, a new report from the World Bank says. Read Full Story
India and Bhutan have signed a Double Taxation Avoidance Agreement which is to provide reduced rates of withholding tax and is designed to help in the fight against evasion. Read Full Story
The United Nations Conference on Trade and Development received praise from landlocked developing countries at their Fourth Ministerial meeting held in Almaty recently, in particular for the organisation's provision of inpartial advice to assist nations in their efforts to join the World Trade Organization.Read Full Story
World Trade Organization members have approved proposals to streamline and facilitate the accession process for Least Developed Countries seeking membership of the global trade body.Read Full Story
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