Latest in India Popcorn Taxed
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Nadella’s micro gift to India
Also in this newsletter: the bull run in defence stocks, and the car industry’s software problemFinancial Times - Jan. 10 -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
At least 6 die in a stampede at a temple in southern India, a report says
At least six people have died and dozens are injured after a stampede among hundreds at the entry of a temple in southern IndiaABC News - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
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Journalist's murder highlights risks of reporting in small-town India
Mukesh Chandrakar, who was found dead last week, told important stories from a violence-prone region in India.BBC News - Jan. 8 -
India confirms first HMPV cases amid surge in China
India confirmed its first cases of human metapneumovirus (HMPV) infections in children, with a total of seven cases reported as of Tuesday. The cases were reported in Bengaluru, Nagpur, Tamil Nadu ...The Hill - Jan. 7 -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
India rescuers race to save men stuck in flooded 'rat-hole' mine
Nine men were trapped on Monday morning after water flooded the narrow hole manually dug to extract coal.BBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
At least 9 miners are trapped in a coal mine in India's northeastern Assam state
At least nine workers are trapped inside a coal mine in India’s northeastern Assam state and authorities have summoned the army to help in the rescue operationABC News - Jan. 7 -
Popcorn, pints and a pooch’s birthday: life snowed in at the Tan Hill Inn
What happened when dozens of people were unable to leave the pub? Our correspondent was among them. Snowed in at Yorkshire’s Tan Hill Inn – in pictures 4pm Continue reading...The Guardian - Jan. 6 -
Kohli, youngsters & Bumrah - talking points from Australia's win over India
BBC Sport and data analysts CricViz look at five talking points from the Australia and India series and what England can learn about their next two opponents.BBC News - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Australia race to victory and series win over India
Australia race to victory on day three of the Fifth Test in Sydney with Scott Boland taking 6-45 to help regain the Border-Gavaskar Trophy.BBC News - Jan. 5 -
Australia beat India to claim series victory
Watch highlights as Australia beat India by six wickets in Sydney and win the five-match Test series 3-1.BBC News - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - Jan. 5 -
Australia v India: fifth men’s cricket Test, day two – as it happened
India reach 141-6 at stumps on day two to lead fifth Test by 145 runs Australia quick takes four wickets while Pant blazes half-century 6th over: Australia 15-1 (Konstas 11, Labuschagne 2) ...The Guardian - Jan. 4 -
Cummins ends electric innings by India's Pant
Pat Cummins removes Rishabh Pant for an astonishing 61 in the final Test between Australia and India.BBC News - Jan. 4 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Smuggled Starlink devices allegedly used to defy India’s internet shutdowns
Civilian and armed groups in conflict-ridden state of Manipur using SpaceX’s satellite internet, sources say. Elon Musk’s satellite-based Starlink – currently unlicensed for use in India – is being ...The Guardian - Jan. 3 -
'He's under their skin' - Konstas riles India again
Australia opener Sam Konstas has affected Test opponents India by getting "under their skin", according to team-mate Scott Boland.BBC News - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
India’s next digital payments boom
Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party statsFinancial Times - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
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Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
Pakistan, India conduct annual exchange of lists of nuclear assets
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - Jan. 1 -
In charts: has the ‘India trade’ run out of steam?
Slowing growth and high inflation hit household incomes and raise questions about economic fundamentalsFinancial Times - Jan. 1