-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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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 »Control over family wealth among Meghalaya women increases political activity, study finds -Rachel Brule and Nikhar Gaikwad
-ThePrint.in Researchers from Boston and Columbia universities studied Meghalaya's matrilineal tribes to find that women are more politically active than men when wealth passes from mother to daughter. In most societies around the world, women participate in politics at lower rates than men. Research shows that women also have a distinct set of economic policy preferences, prioritising government-led taxation and redistribution of wealth more than men. Scholars have long debated whether cultural...
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 »Modi's Gamble, and How Many Lives It Will Cost -Prem Shankar Jha
-TheWire.in Modi did not want only to prevent a second wave; he wanted all the credit for stopping COVID-19 in its tracks to go to him and him alone. In her heart-rending description of her desperate search for oxygen to save her father’s life, the celebrated TV news anchor Barkha Dutt ascribed his death to three features of governance that have defined Modi’s India: complacency, callousness and incompetence. She could have added...
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