-The Hindu The Supreme Court’s suggestion to ‘match the following’ on political donations is impractical and incorrect In 2014, the Delhi High Court held that both the Congress and the Bharatiya Janata Party (BJP) were guilty of illegally accepting donations from two companies registered in India but whose controlling shareholder was Vedanta, a foreign company. The court held that this was in contravention of the Foreign Contribution (Regulation) Act (FCRA), 1976, as...
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G7 Corporate Tax Deal -- Setting the Bar Too Low? -Shinzani Jain
-Newsclick.in Finance ministers from G7 countries have agreed on a deal to check tax avoidance by the biggest multinational conglomerations. How the G20 reacts to this accord and how these plans are implemented, remains to be seen. A recent report by ProPublica has revealed how multibillionaires from the US, including Amazon’s Jeff Bezos, Tesla’s Elon Musk, Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg, among others, have managed to avoid paying federal taxes...
More »The Myth Of ‘Ethical’ Fashion: How a Multinational Clothing Brand Neglected its Women Workers -Swathi Shivanand
-TheWire.in The COVID-19 pandemic has been used as an excuse to hide anti-worker actions by apparel brands and their supplier factories. “Where are you hiding, H&M?… If you don’t come out and stand with us now, it means you are complicit in union busting and closure of the company. Your Profits are made on the sweat of our labour…Please ask Gokaldas to reopen the factory.“ On 7, July 2020 Shobha, a laid-off worker...
More »What is the cost of childhood wasting and severe acute malnutrition in India? -Sujeet Ranjan
-GaonConnection.com Childhood wasting is a silent nutritional emergency in India as it led to an average loss of Rs 60 million every day from the years 2006 to 2018. Community-based care for management of wasting is highly recommended. We often read and talk about malnutrition and undernutrition in children. But it is rarely quantified. A recent study on ‘The Severity of Wasting and Severe Wasting’ among children in India, conducted by The...
More »A far-reaching tax measure -Ipsita Agarwalla and Meyyappan Nagappan
-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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