G20 nations

G20 set for 'very aggressive' crackdown on tax avoidance

Closing corporate tax loopholes and endorsing a common reporting standard to increase transparency are set to be a primary focus of the G20 summit in Brisbane this weekend.

Nov 14, 2014, 15:44 PM IST

OECD sees competition heating up once tax havens shut down

Closing corporate tax loopholes and endorsing a common reporting standard to increase transparency are set to be a primary focus of the G20 summit in Brisbane this weekend.

Nov 14, 2014, 09:37 AM IST

G20 host Australia slams corporate tax 'theft'

Australia has enthusiastically backed calls to close corporate tax loopholes in its role as host of this weekend`s G20 summit in Brisbane, making it a primary focus of the meeting.

Nov 13, 2014, 13:38 PM IST

Global base erosion rules likely to be finalised by end 2015

The global base erosion and profit shifting (BEPS) rules, aimed at collecting a fair share of taxes from multinationals operating in different tax jurisdictions, are likely to be finalised by December 2015, a senior finance ministry official Friday said.

Nov 07, 2014, 16:56 PM IST

G20 optimistic on global economy

G20 finance ministers and central bank governors reiterated their commitment to undertake reforms that will boost the global economy by $2 trillion more over the next five years than otherwise expected.

Oct 11, 2014, 08:45 AM IST

G20 says nearing growth goal, but more needed from Europe

The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe`s extended stagnation remains a major stumbling block.

Sep 21, 2014, 12:41 PM IST

G20 finance chiefs confident growth goals achievable

Finance chiefs from G20 nations wrap up a two-day summit Sunday confident that boosting their combined growth by at least an extra 1.8 percent is achievable, and even better if sufficient reforms are made.

Sep 21, 2014, 10:28 AM IST

G20 plans to help banks apply similar capital rules

The group of 20 of the world`s biggest economies said the proposal was set in motion for their Brisbane leaders` summit in November and would further strengthen existing financial regulatory reforms.

Sep 21, 2014, 09:45 AM IST

Europe needs to do more to boost growth: US

US Treasury Secretary Jack Lew on Sunday called on the eurozone to do more to boost demand and make the structural changes needed to kick-start its stuttering economy.

Sep 21, 2014, 09:39 AM IST

G20 to set up global infrastructure hub to boost growth

The group of 20 of the world`s biggest developed and emerging economics said in its communique that the Global Infrastructure Initiative was meant to increase "quality investment, particularly in infrastructure".

Sep 21, 2014, 08:37 AM IST

G20 finance chiefs confident growth goals achievable

Finance chiefs from G20 nations wrap up a two-day summit Sunday confident that boosting their combined growth by at least an extra 1.8 percent is achievable.

Sep 21, 2014, 07:42 AM IST

G20 finance chiefs aim to 'change destiny of global economy'

Australian Treasurer Joe Hockey, who is chairing the meeting, said he was encouraged by the more than 900 submissions that had been made by participating countries to meet the growth target.

Sep 20, 2014, 09:09 AM IST

G20 nations want Vladimir Putin at leaders` summit

Vladimir Putin is set to attend the G20 leaders` summit in November despite alarm over Russia`s actions in Ukraine with host Australia Saturday saying it was the "emphatic" wish of member nations.

Sep 20, 2014, 06:14 AM IST

Action not words needed to boost growth, Australia tells G20

Abbott said that Australia was asking G20 nations to push harder on their growth plans, so they could meet their pledge to add 2.0 percent to GDP over the next five years.

Jul 17, 2014, 11:15 AM IST

India seeks automatic info-sharing to deal with tax avoidance

India on Friday called for automatic exchange of key financial information and greater cooperation among G20 nations to deal with cases of tax avoidance.

Feb 21, 2014, 20:36 PM IST

Japan to tell G20 it will raise sales tax as planned: Finmin

Japan will tell G20 nations at a summit this week that it plans to go ahead with a two-stage sales tax hike from next year, Finance Minister Taro Aso said on Tuesday.

Sep 03, 2013, 08:49 AM IST

G20 nations to counter tax havens

Finance Ministers of G20 nations, have decided to take counter measures against tax havens.

Sep 06, 2009, 11:27 AM IST