Remove 2026 Remove Management Remove Taxes
article thumbnail

Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

Taxes 175
article thumbnail

Data Governance in Banking and Financial Services – Importance, Tools and the Future.

Perficient

Banks process an astronomical amount of sensitive information daily—think trillions of transactions annually—and they need to manage that data efficiently and securely. With the rise of AI, machine learning, and real-time data analytics, banks will need to be even more diligent in how they manage and govern their data.

Tools 221
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Libra Forces Cryptocurrency Regulators To Reexamine Procedures

PYMNTS

A recent survey of decision-makers from financial institutions (FI), investment firms and asset management and insurance companies found that many are choosing to proactively ramp up their defenses rather than potentially running afoul of regulations or paying heavily for failing to stop crime. A report found that the U.S. imposed a full $23.52

article thumbnail

Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. There is a stigma, and people just don’t want to touch it, so the typical types of solutions for inventory management and payments just aren’t there.

article thumbnail

Guest Post: 2Q Financial Markets and Economics Update - Second Quarter 2024

Jeff For Banks

for 2025 and 2026. Lower GDP means lower inflation but it may also mean lower tax receipts. DLJ 06/30/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. for 2024 and 2.0%

Marketing 153
article thumbnail

2021 Tax Proposals

TrustBank

On September 15, the House Ways and Means Committee approved the tax provisions of the Build Back Better Act (BBBA), the legislation intended to implement President Biden’s social and education reforms. This proposal would be effective for tax years beginning after Dec. net investment income tax + 3% high income surcharge).

Taxes 52