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Big Tech Compliance Tracker: Amazon Looks To Increase Fees With Digital Tax In Spain; Google Might Make Search Inaccessible In Australia

PYMNTS

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Raises Specter of Making Search Inaccessible in Australia.

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Why Should You Choose NPS As A Tax-Saving Investment?

BankBazaar

Additional Reading: A Millennial’s Guide To Tax-Saving Investments. Say hello to the National Pension Scheme (NPS). NPS is an easily accessible and portable retirement savings instrument that is low cost and tax efficient. As per the 1961 Income Tax Act, NPS offers tax benefits of up to Rs. 1 lakhs.

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The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

According to the National Retail Federation , as of last year parents entered August with about 45 percent of their back-to-school shopping done. This year 17 states will have sales tax holidays of one form or another — up from 16 last year, but down from the national high of 20 states in 2010. How Tax Holidays Work.

Taxes 101
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10 Essential Personal Finance Moves Before the Financial Year Ends

BankBazaar

As a young professional in India, managing your personal finances effectively is crucial for securing your financial future. Maximise Tax Savings If you’ve opted for the old tax regime, utilise all available tax-saving avenues to minimise your tax liability. Here are essential finance moves to consider.

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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. In this article, we explore why and how banks are starting to incorporate the “velocity of risk” into their risk management practices.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

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Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing

PYMNTS

But there was one announcement that managed to stand out. They’ll have the option to discover others with similar interests through their Groups or Events.”. Unlocking allows Dating for Facebook users to make their profile visible to other attendees of an event or a group of which they’re a part. No, just kidding.).

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