California governor Gavin Newsom proposes a software tax similar to one announced by UK and Canada on American companies

California Governor Gavin Newsom has proposed expanding the state’s sales tax to include digital prewritten software. The proposed move could increase costs for software and SaaS companies and draw comparisons with digital services taxes introduced against American companies in countries such as Canada and the UK. The proposal comes at a time when taxes targeting…

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Why the government is identifying 100 products to cut import dependence

India is preparing a fresh manufacturing push centred on identifying nearly 100 products that are either not produced domestically or are inadequately manufactured despite existing capability, signalling a sharper industrial policy focus amid shifting global supply chains, geopolitical tensions and the country’s ambition to emerge as a global manufacturing hub.The initiative, outlined by Department for…

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