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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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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...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Indian Coordination Committee of Farmers Movements led by Yudhvir Singh calls for a nationwide bandh on 25th Sep. 2020

-Press release by Indian Coordination Committee of Farmers Movements dated 23rd September, 2020 ICCFM is a non-partisan national alliance of farmers movements representing 12 farmers' organizations across India based in UP, MP, Rajasthan, Karnataka, Tamil Nadu, Punjab, and Haryana. Bharatiya Kisan Union, Karnataka State Farmers Association, Tamilaga Vivasayigal Sangham are among the major farmer movement. As with many other farmers organizations in this country, ICCFM is gravely worried about the anti-farmer bills...

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Rakesh Tikait, farmer leader and national spokesperson of Bhartiya Kisan Union, interviewed by Shagun Kapil (Down to Earth)

-Down to Earth Bhartiya Kisan Union spokesperson questions why Narendra Modi govt didn’t consult stakeholders before pushing 3 contentious Bills through Parliament The three contentious ‘farmers’ Bills have grabbed eyeballs even in the middle of the novel coronavirus disease (COVID-19) pandemic. Narendra Modi has lost food processing minister Harsimrat Kaur Badal from his Cabinet en route turning the controversial Ordinances into laws. The Rajya Sabha has been split down the middle and question...

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