Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

July 9, 2024 at 9:00 PM Aces/SplashNews.com / Aces/SplashNews.com The 2024 presidential election is top of mind and, if you are a shareholder in a company, you might be paying more attention to Donald Trump’s campaign in the upcoming months. Not only will you cast your vote for the next president of the United States … Read more

Direct tax mop-up rises 19.5% to ₹5.74-lakh cr so far in FY25

Direct tax mop-up rises 19.5% to ₹5.74-lakh cr so far in FY25

Building on the strong show seen in financial year 2023-24, Net Direct Taxes collections have surged 19.54 per cent to ₹ 5.74-lakh crore till July 11 this fiscal, official data released by CBDT showed.In the same period (upto July 11) last fiscal, the net direct tax collections stood at ₹4.80-lakh crore.The latest reading of ₹5.74 … Read more

Budget 2024: Industry players suggest govt to simplify tax system, give relief to middle class

Budget 2024: Industry players suggest govt to simplify tax system, give relief to middle class

Image Source : INDIA TV Budget 2024 Budget 2024: In the general budget for the fiscal year 2024-25, the focus should be on providing relief to taxpayers, especially those in the lower-income group, to boost consumption, Industry leaders suggested to Finance Minister Nirmala Sitharaman. Sitharaman is set to present the full budget for 2024-25 on … Read more

Budget 2024 | Economists’ views on income taxes and welfare spending from FM Sitharaman – CNBC TV18

Budget 2024 | Economists' views on income taxes and welfare spending from FM Sitharaman - CNBC TV18

An increase in government expenditure, and a small cut in income taxes: these are among the key expectations of economists from Finance Minister Nirmala Sitharaman as she presents the final Union Budget for 2024-25 on July 23.Aditi Nayar, Chief Economist at ICRA, and Anubhuti Sahay, Head of India Economic Research at Standard Chartered Bank discussed … Read more

Will Labour win lift UK stocks?

Will Labour win lift UK stocks?

UK equities’ support following a Labour victory driven by a temporary boost from easing political uncertainty will be limited as the expectation has already been widely priced-in by the markets. Also, for the UK’s stocks to secure robust growth and regain ground against their global peers, three critical factors must align, said the CEO of … Read more

Next UK government will face significant challenges

Next UK government will face significant challenges

Analysis: Morningstar DBRS Just a day to the UK general election on 4th July and a change in government looks imminent. The Labour party has continued to lead in the voting intention polls and if polls prove right, Labour will form the next government. After 14 years of a Conservative-led government, a change to Labour … Read more

PwC Warns Against Further Tax Hikes in Nigeria, Says It Could Exacerbate Corporate Exits – Arise News

PwC Warns Against Further Tax Hikes in Nigeria, Says It Could Exacerbate Corporate Exits - Arise News

PwC has warned that any further increase in taxes would cause a decline in reinvestment by firms operating in Nigeria and exacerbate corporate exits from the country. This warning is contained in its June 2024 report titled: “Nigeria Economic Outlook: Navigating Economic Reforms,” which projected that inflation would decline to 29.5 per cent by the … Read more

Budget 2024 may see tax cuts for middle-class, new bracket and cash boost for small farmers

Budget 2024 may see tax cuts for middle-class, new bracket and cash boost for small farmers

Finance Minister Nirmala Sitharaman is reportedly mulling significant relief for India’s lower-income earners with tax cuts for the first time in seven years. The tax cuts are believed to be part of a consumption-boosting package worth nearly $6 billion in the upcoming Budget, a Bloomberg report has claimed. Related Articles The move will reportedly benefit … Read more

Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

Saudi Arabia’s government filed papers to sell a new stake in state oil giant Aramco that could raise as much as .1 billion.

Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.

Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.

Warren Buffett said he could make a 50% return on million.