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The Latest Breaking News from Finance

As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processes

India's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharing, and simplified processes to cut compliance costs, expedite refunds, and enhance enforcement, especially for MSMEs. This reform has broadened the tax base, boosted compliance, and significantly increased revenues,…

The Economic Times

Brazil plans up to $735 million panda bond issuance, says finance minister

Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil as the fifth sovereign issuer in China's domestic debt market within a year. Finance Minister Dario Durigan stated the move is a crucial "test" to facilitate…

The Economic Times

Finance ministry, NFRA officials brief Par panel on corporate laws amendment bill

Parliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the National Financial Reporting Authority. This proposed legislation aims to simplify business operations by decriminalizing minor procedural errors and modernising corporate governance.

The Economic Times

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Inside Nasdaq CFO Sarah Youngwood’s AI playbook

Youngwood is embedding AI across finance—and ranking her team like martial artists.

Fortune

Fast Pass scheme lifts nation's profile: PM

Prime Minister Anutin Charnvirakul has declared Thailand the most investment-ready country in the region following the launch of the Thailand Fast Pass programme on Tuesday, which is set to accelerate approvals and permits for investors.

Bangkok Post

How the Govt’s wager on AI could backfire

Comment from Victoria University: When Finance Minister Nicola Willis announced 8700 public service job cuts alongside a drive to embed AI across government, it was framed as freeing public servants from drudgery

Newsroom.co.nz

Japan bond yields mixed after relatively weak 5-year auction

Japanese government bond yields showed mixed movements on Tuesday, with a weaker-than-expected auction for 5-year bonds. Yields on shorter maturities edged up, while longer-term bonds saw slight declines. Discussions between Japan's Finance Minister and the U.S. Treasury Secretary about global markets and currency swings have fueled speculation about potential acceleration…

The Economic Times

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West Bengal Budget 2026: Govt allocates Rs 36,000 crore for Annapurna Yojna; hikes DA by 20%

West Bengal's new BJP government unveiled its first budget, prioritizing welfare and employment. Finance Minister Swapan Dasgupta announced a significant Rs 36,000 crore for the Annapurna Yojna, assuring continuity of existing social schemes. Key highlights include increased MLA funds, pensions for retired journalists, and a pledge to fill one lakh…

The Economic Times

Parliament panel to review India's economy amid global turmoil and growth concerns

A key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties. The Standing Committee on Finance will examine growth, inflation, employment, and investment, seeking insights from the Finance Ministry, RBI, and experts. This crucial study comes as India navigates geopolitical tensions and aims…

The Economic Times

New committee seeks to create reform agenda

The government is preparing to establish a national reform agenda for the next four years, according to Finance Minister Ekniti Nitithanprapas.

Bangkok Post

IMD ranking boost sparks reform drive

Thailand's rise in the latest IMD World Competitiveness Ranking has prompted the government to build on its strengths and address structural weaknesses to support long-term economic growth.

Bangkok Post

Ekniti warns of energy risks despite US-Iran deal

Thailand has welcomed the ceasefire framework between the United States and Iran but warned that global energy markets could remain under pressure despite an easing of tensions in the Middle East.

Bangkok Post

Global Assets Trading Fest on Bybit Offers $202,000 USDT Prize Pool Across TradFi and Crypto Markets

DUBAI, UAE, June 19, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of the Global Assets Trading Fest, a trading competition that will reward participants with a share of a $202,000 USDT prize pool across traditional finance (TradFi) and crypto asset markets.The…

AAP

Call for govt to send a stronger integrity message over KPMG allegations

Allegations open door for smaller consulting firms.

The Canberra Times

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Bangkok Post

Cabinet extends e-withholding tax cut through 2027

The cabinet has approved an extension of the reduced e-withholding tax rate through 2027, which is expected to enhance business liquidity by roughly 27 billion baht.

The Economic Times

HDFC and Nippon Life India AMC shares rally upto 6% after FM Sitharaman hints at more foreign capital measures

HDFC AMC and Nippon Life AMC shares surged up to 6% after Finance Minister Nirmala Sitharaman indicated further measures to attract foreign capital. Expectations of increased overseas participation, supportive RBI actions and improving global sentiment lifted financial stocks and broader markets.

MyLifeXP

What Rahul Gandhi Saw That Triggered the Tsunami Warning

Is India standing on the edge of an economic crisis, or is the country continuing its growth story despite global challenges? That question has suddenly become the center of a heated political battle after Leader of Opposition Rahul Gandhi warned of an approaching "economic tsunami." His remarks sparked strong reactions,…

The Economic Times

Quarter after quarter, year after year, India is fastest growing economy: FM Sitharaman

Finance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accused Congress leader Rahul Gandhi of undermining the country's achievements by repeatedly predicting crises that have not materialised.

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The Guardian - AU

The moment I knew: When he saw my unkempt hovel, he was so nonjudgmental

Brendan Maclean had never spoken with drag queen Karen from Finance in person, nor laid eyes on the man behind the makeup. Then came a chance encounter in Melbourne

AAP

Pakistan's finance minister presents the country's next budget that hikes defense spending

Pakistan's finance minister has presented the new budget to lawmakers, a draft that hikes defense spending by 18% while trimming funding for development programs and offering modest tax reliefs for salaried workers

The Canberra Times

The APS winners and losers after the federal budget

Front-line services face reduced staff.

Bangkok Post

Ministry to review welfare card rules

The Finance Ministry will review the eligibility criteria for the state welfare card scheme following concerns that some elderly parents have been unfairly disqualified after their children claimed tax deductions on their behalf, despite not providing any financial support.

The Canberra Times

The official Senate estimates etiquette guide

The estimates recap you didn't know you needed.

The Canberra Times

Depts reviewing contracts after scandal-hit firm's accusation of deceptive conduct

Officials reconsidering millions in KPMG contracts.

The Canberra Times

Katy Gallagher flags tough negotiations for 15 per cent pay claim

Commission formally kicks off bargaining period.

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