Congress leader Rahul Gandhi expressed concern on Sunday over India’s GDP growth rate declining to its lowest in two years and said the country’s economy cannot progress as long as a handful of billionaires accrue its benefits. He said a new thinking is required for India’s economy and a new deal for businesses should be … Read more
A recent Goldman Sachs report revealed that Democratic nominee and current US Vice President Kamala Harris would be better for the US economy if she triumphs over former President Donald Trump to win the upcoming November elections. The investment bank’s analysis revealed that Harris’s win could mean 30,000 more jobs monthly than a Republican win. … Read more
Congress leader Jairam Ramesh targeted the Bharatiya Janata Party-led Centre on Sunday, over the recent tax collection data, and said that individuals are paying more tax than companies, and the middle class is bearing the weight of heavy taxation while Rs 2 lakh crore has been put in “pockets of billionaires” due to slashing of … Read more
Finance Minister Nirmala Sitharaman on Thursday chairs the third Pre-Budget consultation with industry leaders and associations in connection with the forthcoming Budget 2024-25 in New Delhi. Sanjeev Agrawal, president of PHDCCI, recommends status quo on the corporate tax rate at 22 per cent for existing companies and 15 per cent for new manufacturing companies Industry … Read more
Ahead of his intended plan to run for the US elections in November this year, former United States President Donald Trump recently held a private meeting with 80 CEOs of some of the country’s biggest companies. In the meeting, sources say that Trump has promised a 20% tax cut for corporations and a cutting of … Read more
It was another record-breaking year for Canada’s richest CEOs. In one work day, and less than a half hour into the new year — 27 minutes to be exact — Canada’s 100 highest-paid CEOs will have already earned the average worker’s annual salary, according to a new study by the Canadian Centre for Policy Alternatives (CCPA). It translates to roughly … Read more
