The current notions of physical ‘permanent establishment’ or tangible locational nexus are not well-suited for the taxation of modern digital economy, especially for taxation of business income, rents or revenue creating activities. In a Covid-19 wrecked global economy, where government revenues are under severe stress, there is a compelling case for a market country or the value-creating jurisdiction to tax the income or rents attributable to the concerned market or location.
The current wave of protests sweeping India and the government’s suspension of internet services to impede communication has led to innovation. Protesters have taken recourse to offline messaging applications to escape detection while executing their plans. This infographic tracks the evolution of online media – from the basic to the more discreet
The India-France roadmap on cyber security and digital technology paves a detailed path for the two countries to cooperate in three areas where France is an acknowledged leader and can help India become cyber-resilient
India is the second largest emitter of methane in the world. But methane-cracking has enormous economic potential. It can help India become a high-technology manufacturing powerhouse by producing a steady supply of methane-derived, advanced carbon materials and hydrogen-energized transportation
Washington is planning to integrate its military space operations. Each arm of the United States Armed Forces has had a space command until now but uniting these discrete units into a new Space Force is a step ahead. The U.S.’ big-picture ambition is ‘full spectrum battle-space dominance’ and the contest to achieve it has implications for the defence and space industry
China’s foreign direct investment is shifting away from natural resources to high-tech areas, such as Artificial Intelligence and robotics. The scale of these acquisitions, along with questions about intellectual property and national security, are causing widespread concern in the West
China is steadily deploying state-of-the-art communications systems to connect its strategic and economic assets in Asia. It is then linkingthe Asian mainland to Africa, and Africa to South America. The investment spree is rapidly making Beijing a major player in global telecommunications – and ‘informationisation warfare’.
India-EU space collaboration is still nascent largely due to the EU’s limited autonomy over its space programme. Astro-geopolitics, an inevitable successor to geopolitics, requires confidence-building and furthering strengthening of bilateral linkages
Germany’s Mittelstand or medium and small companies are the heart beat of Germany’s successful economy. They will be showcased at the Hannover Fair, which Prime Minister Modi will inaugurate on April 12. It can be the perfect blueprint for his Make in India effort.
Courtesy: NASA's Marshall Space Flight Center/Flickr
An increase in the global demand for rare earth elements, used in high-technology industries, coupled with limited supplies on Earth, has accelerated extra-terrestrial exploration. International cooperation and competition for these space-based resources will determine the next human footprint and race in space.