Philippines confirms tax on digital transactions

Philippines confirms tax on digital transactions

The third and final reading of a bill imposing a 12 percent value-added tax (VAT) on digital transactions in the Philippines has taken place in the country’s Lower House of Congress, underlining a trend that seems to be extending to a number of countries in the Asia-Pacific region.

India eases KYC rules to boost telecom reforms

India eases KYC rules to boost telecom reforms

India's Department of Telecommunications (DoT) has now made it simpler for consumers to get a new mobile connection with an online KYC (Know Your Customer) process and the option to get the SIM delivered at home.