DMPQ: What is Base erosion and profit sharing? Discuss the provisions of the Base erosion and profit sharing project? (Economy)

Base erosion and profit sharing is a tax avoidance strategy by multinational companies, where in profits are shifted from shifted from jurisdiction that have high taxes to jurisdiction that have low tax. Base erosion and profit shifting project is a joint initiative between G20 countries and the OECD , towards the development of a coherent … Read more DMPQ: What is Base erosion and profit sharing? Discuss the provisions of the Base erosion and profit sharing project? (Economy)

What is Universal base income? Why it was suggested and what are its advantage?

Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of money, regardless of their income, resources or employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens. It is one of the kind of … Read more What is Universal base income? Why it was suggested and what are its advantage?