Union Budget 2024: Industry leaders requested a host of considerations in the upcoming full Union Budget 2024 during their pre-Budget meeting with Finance Minister Nirmala Sitharaman on June 20. Expectations listed by India Inc. during the two-hour interaction include a reduction in the income tax burden for the common man, an increase in capital expenditure, … Read more
The abolition of US federal income tax would lead to a shortfall of $2.1 trillion in government revenues, according to an expert read moreFormer US President Donald Trump has proposed abolishing federal income tax if he wins the US presidential election.Trump is the presumptive presidential nominee of the Republican Party and is running against current … Read more
As former President Donald Trump prepared to meet with top corporate CEOs on Thursday, an analysis estimates that the GOP frontrunner’s proposed giveaway to the nation’s most profitable corporations would exceed the size of the federal K-12 budget for the current fiscal year. Conducted by Brendan Duke and Will Ragland of the Center for American … Read more
The OECD is developing ways to increase taxes on international businesses, cross-border investment and global levies on wealth and energy generation. Mathias Cormann, former finance minister of Australia, is the sixth secretary-general of the OECD, in office since June 2021, appointed by the member governments for a five-year term. On his watch, the organization continues its … Read more
KARACHI: Approximately 210 multinational companies (MNCs) in Pakistan operating in sectors like tobacco, oil, auto, pharmaceuticals, banking and others contribute a third of the total tax collection and make a major contribution to the national exchequer. They also reinvest in their respective units or inject capital into some new ones. Moreover, they make investments of … Read more
State economists Mark McMullen, left, and Josh Lehner answer questions from Oregon lawmakers in 2015. McMullen gave his final economic and revenue forecast to a legislative committee on Wednesday.Jonathan J. Cooper / AP Oregon economists offered caution Wednesday that a financial rough patch could be on the horizon — but that might not be enough … Read more
The president has been criticized for not making tangible changes or addressing important issues in the country. Despite his stylish public appearances and activities, such as attending sports events with his child, the lack of visible progress in solving pressing problems like traffic congestion, education system inefficiencies, healthcare issues, and more, raises concerns about his leadership. The focus should be on addressing these issues rather than on his personal style and public appearances.
Humanitarian aid for Gaza collected in Cyprus is being loaded onto ships for delivery once a temporary pier in Israel is repaired. The United States is also working to recover two grounded vessels near the damaged pier. Repair efforts are underway, and the U.S. remains committed to ensuring aid reaches Gaza as soon as possible.
Deputy Culture Minister Vasiliki Kassianidou emphasized the ministry’s commitment to supporting all forms of art and professionals in their fields during the presentation of the book ‘Aspelia Naturalis’ by Silvio Augusto Rusmigo. The event took place at the Cyprus Museum in Nicosia.
The financial aspect of the scandal surrounding the Osiou Avakoum monastery is the most complex one, according to the attorney-general. Monks under investigation were allegedly found with €800,000 in cash, property in Greece and Limassol, and were caught on CCTV footage having sex with each other.