-The Hindu The U.S. push for a global minimum corporate tax may help India, but it can also cause international disagreements The Pillar Two proposal was the Organisation for Economic Co-operation and Development’s (OECD) plan to plug the remaining Base Erosion and Profit Shifting (BEPS) issues and provide jurisdictions the right to “tax back” where other jurisdictions have either not exercised their primary taxing right or have exercised it at low levels...
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India’s landfills add 113k tonnes of menstrual waste each year: Report
-Down to Earth Around 88% respondents want to switch to less-polluting alternatives but report they are not easily available Around 12.3 billion sanitary napkins, amounting to 113,000 tonnes of waste, reached India’s landfills every year, according to a new study. Improper disposal and non-segregation from household waste leads to unhygienic working condition for waste workers, the report said. Commonly available sanitary napkins constitute 90 per cent plastic, the report claimed. India generates 3.3...
More »The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik
-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
More »In Delhi’s Industrial Areas, Paltry Savings of Workers Dry Up in Lockdown -Ronak Chhabra
-Leaflet.in Workers and activists claim that the situation on ground remains grim while AAP’s welfare announcements are marked with delay and laxity in implementation. Amidst a citywide lockdown that is now in its fifth week with a positivity rate that has come down to its lowest – less than 5% – in the last 45 days in Delhi, desperation is growing now in several of the national capital’s industrial areas and pushing...
More »Delhi High Court quashes GST on oxygen concentrators -Vikas Dhoot
-The Hindu “This is a George Floyd moment for India’s citizens, with the refrain – I can’t breathe," the court says. The Delhi High Court on Friday held the Government’s imposition of Goods and Services Tax (GST) on oxygen concentrators imported for personal use as ‘unconstitutional’ and said oxygen concentrators constitute a life-saving device during the COVID-19 pandemic. “This is a George Floyd moment for the citizens of this country. The refrain is...
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