KNOX COUNTY, Indiana (WTHI) – Knox County EMS operates all ambulance services in the county. But like many ambulance services across the country, he’s struggling to keep up during the pandemic. Knox County Commissioner Kellie Streeter explains, “We need to make sure there is an ambulance service to provide emergency medical services to everyone in […]
Month: September 2021
FBR plans to extend tax filing deadline: sources
– APP / File FBR is considering extending the deadline to 15 days. Finance Minister Shaukat Tarin will make the final decision. Extension to be given to declarants facing technical problems as well. The Federal Board of Revenue (FBR) is considering extending the income tax filing deadline, sources said Thursday, as requests to move the […]
Cost pressures are not reducing business profits yet
Rising costs are not about to end the corporate profit party. But not all businesses will be able to continue celebrating. With the third quarter over, companies will soon begin reporting their results. Overall, analysts expect them to be very good, with earnings per share 29.6% higher than a year earlier for S&P 500 companies, […]
Honesdale can impose a 1% earned income tax on wages
If enacted, the borough would impose a 1% earned income tax on the salaries of residents and non-residents working in the borough. HONESDALE, Pa .– The proposed labor income tax ordinance would allow Honesdale to collect 1% from everyone who lives in town and many who work there. In return, the borough would lower its […]
Pendleton adopts proposed public safety income tax hike | Local News
PENDLETON – With Police Chief Marc Farrer on the importance of additional funding for public safety, Pendleton City Council has passed a resolution to increase income tax for public safety. City council voted unanimously on Tuesday to increase the public safety income tax for Madison County by 0.3%. With the action taken in Pendleton, the […]
income tax department: IT department asks taxpayers to accept requests until September 30 for settlement to interim council
The Income Tax Department has issued an order requiring taxpayers to accept pending tax claims until September 30. The 2021-2022 Budget, through the Finance Act, amended the provisions of the Income Tax Act 1961 to provide that the Income Tax Settlement Commission (ITSC) will cease to act. operate from February 1, 2021. In addition, it […]
Saudi Arabia Launches New Committee To Review Foreign Investment | Pillsbury – Global Trade Law and Sanctions
On September 14, 2021, the Cabinet of Ministers of the Kingdom of Saudi Arabia launched a new Standing Ministerial Committee for the Review of Foreign Investments (CEFI) that would review foreign investments for potential threats to national security. This development comes at an important time as the Kingdom opens its doors to foreign investment in […]
Is China’s push for self-sufficiency hurting or hurting foreign investment?
VSHina increasingly strives for self-reliance in several areas as President Xi strives to build the country’s internal independence. Foreign investors and businesses are often divided over whether this is a bargain for operations or a downside with long-term consequences. Two reports have been released that highlight the wide perspective gap between foreign entities doing business […]
These taxpayers will not pay late fees even if they miss the deadline
Tax return alert: In accordance with the CBDT guidelines, if an individual does not meet the filing deadline for the income tax return (ITR) – December 31, 2021 – for that year, then they will have to pay a late fee and file the late ITR. . However, some individual taxpayers can file their ITRs […]
Mauritius Economic Development Council clarifies taxation of foreign investments
The Mauritius Economic Development Council has decided to insure South Africans with Mauritian trusts, in response to the confusion and concern of its members and clients over the taxation of foreign investments in the island country. The EDB responded to an article published on BusinessTech entitled: “Bad news for South Africans with cash stshed in […]
A new Saudi committee to regulate foreign investment as the Kingdom opens up
RIYADH: Saudi Arabia has formed a new committee to regulate foreign investment and protect critical sectors in the Kingdom such as utilities. The committee is responsible for creating and implementing a criterion for foreign investors, identifying a list of companies, individuals and activities excluded from foreign investment, Argaam reported, citing a cabinet decision. Chaired by […]
Deadline passed, but issues persist on income tax portal
The new electronic income tax filing portal developed by Infosys continued to experience problems despite the September 15 deadline set by the government to iron out problems on the platform. The portal, which went live on June 7, has been plagued by technical glitches, angering the finance ministry as well as taxpayers who have raised […]
Senate approves amendments to foreign investment law
STAR PHILIPPINE / MIGUEL DE GUZMAN THE SENATE on Tuesday approved a bill to amend the country’s foreign investment law, a move that is expected to further open up the economy. Senate Bill (SB) No 1156, which introduces amendments to the Foreign Investment Law (FIA) of 1991, passed third and final reading on Tuesday evening. […]
Foreign investment rebounds in Q2
PHILIPPINE STAR/ MIGUEL DE GUZMAN FOREIGN INVESTMENT commitments rebounded in the second quarter, ending five consecutive quarters of decline, signaling the country’s attractiveness after the adoption of the law which gradually reduces corporate tax. Preliminary data from the Philippine Statistics Authority (PSA) showed that approved foreign investment rose 45.5% to 22.50 billion pesos in the […]
Ghana ready for more foreign investment in agriculture sector – Dept. Agric Minister
Deputy Agriculture Minister Mohammed Hardi Tuferu urges foreign investors to take advantage of Ghana’s conducive business environment and invest in the country’s agricultural sector. He says the country is ready for business and the government hopes to raise US $ 3 billion this year in foreign direct investment, half of which is in the manufacturing […]
The bulk of all foreign investment in Turkmenistan falls on Japan …
(MENAFN- Trend News Agency) In recent years, in cooperation with foreign organizations, around US $ 15 billion of foreign investment has been attracted to the economy of Turkmenistan. The president of the State Bank for Foreign Economic Affairs, Rakhimberdy Dzhepbarov, spoke about it in an interview with the official Turkmen press, Trend reports citing Oligas. […]
Report Examines Expanding National Security Review Process to Foreign Investments in U.S. Companies
The names of companies and law firms listed above are auto-generated based on the text of the article. We are improving this feature as we continue to test and develop in beta. We appreciate feedback, which you can provide using the feedback tab on the right side of the page. September 8, 2021 – The […]
General Assembly Should Adopt State-Level Earned Income Tax Credit | New
ATLANTA – With Georgia’s finances in better shape than around this time last year, the General Assembly is expected to consider tax breaks for low and middle income Georgian families this winter. House Bill 510, which was introduced last February, would provide a state-level Earned Income Tax Credit (EITC) modeled after a federal tax credit […]
Telecommunications sector attracts $ 3.9 billion in foreign investment in five years | The Guardian Nigeria News
• Unstable macroeconomic environment impacting the potential of the sector• NIN-SIM drives 6.3% drop in industry growth in Q1 2021 Between 2015 and 2020, Nigeria’s telecommunications sector attracted $ 3.9 billion in foreign investment (portfolio and direct). The 2021 Telecommunications Industry Report released by Agusto & Co, which revealed it, observed that this averaged seven […]