EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and referring Ireland to the top EU court for failing to collect billions from Apple. Europe’s competition chief Margrethe...
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Etihad Airways launches ‘fly now pay later’ scheme

Etihad Airways launches ‘fly now pay later’ scheme

The UAE’s flag carrier Etihad Airways has launched a ‘fly now and pay later’ scheme which provides people an option of paying the ticket fare in monthly instalments, the airline said. The Abu Dhabi-based airline said the initiative is designed...
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Brace up to pay more as air prices to go up during Independence Day weekend

Brace up to pay more as air prices to go up during Independence Day weekend

Air fares are expected to rise sharply in the week leading to August 15. Fares are expected to remain at elevated levels even after the long weekend as a slowdown in the pace of capacity addition gives airlines enough pricing...
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‘The Party’s Over’: How GST Will Impact Those Who Don’t Pay Taxes

‘The Party’s Over’: How GST Will Impact Those Who Don’t Pay Taxes

New Delhi: Rakesh Sachdeva sells auto parts in a busy market in central Delhi, just a few miles from Prime Minister Narendra Modi’s office. Yet despite having a flourishing business he does not pay any tax. Until now, his rundown...
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Delhi Metro moves SC against order to pay Rs 60cr to ReIiance Infra subsidiary

Delhi Metro moves SC against order to pay Rs 60cr to ReIiance Infra subsidiary

The Delhi Metro Rail Corporation (DMRC) has petitioned before the Supreme Court against the Delhi High Court order directing the company to pay Rs 60 crore to Delhi Airport Metro Express Private Limited (DAMEPL), a subsidiary of Anil Ambani-owned Reliance...
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Samsung Galaxy Note 5 Receiving Firmware Update in India That Brings Samsung Pay App

Samsung Galaxy Note 5 Receiving Firmware Update in India That Brings Samsung Pay App

Samsung has started rolling out firmware update to its Galaxy Note 5 and Galaxy S7 Edge smartphones and interestingly, the update for the former device brings along yet-to-be launched Samsung Pay app to devices in India. This is a strong...
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