-The Indian Express As countries calibrate their response to competing demands for sovereignty to tax, DST is an interim alternative outside tax treaties. It possesses the advantage of taxing incomes that currently escape tax and creates space to negotiate a final, overarching solution to this conundrum. The taxation of digital companies has been a key concern for G20 countries. The agenda to reform international tax law so that digital companies are taxed...
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In bad faith: On the ongoing farmers agitation
-The Hindu State intimidation of protesting groups cannot serve as a substitute for political dialogue The NIA’s decision to summon people associated with the ongoing farmers agitation as ‘witnesses’ in a sedition case is definitely out of the ordinary, even if not entirely surprising. Punjabi actor Deep Sidhu and farmers’ leader Baldev Singh Sirsa are among 40 people it has summoned in connection with a fresh case registered on December 15, 2020...
More »Pandemic Effect: 9 Months On, More Younger Workers Remain Jobless -Rosa Abraham, Amit Basole and Surbhi Kesar
-IndiaSpend.com More younger workers, and women, lost jobs and struggled to recover them. Even after employment rates recovered, quality of employment deteriorated, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade. Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the nationwide lockdown in the months of April...
More »Financial boom at a time of economic stagnation -Sunanda Sen
-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...
More »New monsoon models on the anvil this year -Jacob Koshy
-The Hindu Agency failed to gauge the magnitude of the excess rainfall in 2019, 2020 The India Meteorological Department (IMD) may introduce new monsoon models this year to better forecast changes in rainfall. At a day-long meet, via videoconference, involving several senior meteorologists across the IMD’s offices and those from affiliated climate research institutes, discussions took place on the accuracy of the existing models, emerging weather models and their strengths and weaknesses in...
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