Foreign investments

EGX supports government development plans by attracting foreign investment: Farid

Mohamed Farid, President of the Egyptian Exchange (EGX), spoke about the role of the stock market in supporting the economic and social development plans adopted by the Egyptian government to improve the quality of life of Egyptians. In a meeting with 35 diplomats, Farid explained how the Egyptian stock market can attract foreign investment. This […]

Income tax

Estimation of tax liabilities using data from the Survey of Consumer Finances

In a forthcoming article, we describe a new methodology for estimating tax liabilities in public use Survey of Consumer Finances (SCF) microdata files. Conducted most recently in 2019, the SCF is a three-year household survey containing detailed information on the demographics, income and balance sheet of the designated survey respondent and, where applicable, the respondent’s […]

Income tax

Christina Hysong wants to strengthen Wilmot’s population, tax revenues and infrastructure

Christina Hysong was sworn in on August 30 as acting mayor of Wilmot, succeeding Bobby Pulley, who died earlier this year. She plans to run for office in November 2022. WILMOT – Christina Hysong is a self-motivated individual who wears a variety of hats: business owner, volunteer firefighter / emergency medical technician, wife, mother and […]

Income tax

A list of IT rules that have changed this year

The economic growth of any country depends on the strength of its income tax system. The Ministry of Finance examines the existing rules and submits them for discussion in Parliament. The Union budget presented by the Minister of Finance also contains changes to the provisions relating to income tax, if necessary proposed by the income […]

Income tax

Impact of the law of session 2021-180 on the tax returns of individuals and companies in NC; NCDOR Now Accepting Business Takeover Grant Applications | Kilpatrick Townsend & Stockton LLP

On November 18, 2021, Governor Cooper enacted Sessional Law 2021-180 (Senate Bill 105). This legislation updated North Carolina’s reference to the Internal Revenue Code from May 1, 2020 to April 1, 2021. As enacted, any changes made on April 1, 2021, including any changes made by the Consolidated Appropriations Act, 2021 (CAA) and the American […]

Foreign investments

Initiatives to stimulate domestic and foreign investment | Udaipur News | Latest news from Udaipur

The government has taken various measures to boost domestic and foreign investment in India. These include reducing corporate tax rates, alleviating the liquidity problems of NBFCs and banks, improving the ease of doing business, FDI policy reforms. , reduction of the compliance burden, policy measures to boost domestic manufacturing through government orders, phased manufacturing program […]

Income tax

Income tax return due date 2021 deadline RTI filing Online payment Refund status New portal website

New Delhi: Due date of the income tax return (RTI) is December 31, 2021. All taxpayers, who have not yet completed their tax returns for tax year (YY) 2021-2022 must file their returns early to avoid the last minute rush. When filing the ITR, taxpayers should be aware of the details provided by Income Tax […]

Corporate profits

Industrial growth declines even as corporate profits hit all-time highs

Amid the pandemic gloom and weak economic recovery, corporate profits have skyrocketed to all-time highs, as have the stock markets. In FY21, net profit of listed companies (over 4,000) hit an all-time high, rising 57.6% to 5.31 lakh crore, and its share in GDP peaked in 10 years of 2.63%. Commenting on the performance of […]

Foreign investments

Proposed Amendments to the Foreign Investment Law

Foreign direct investment (FDI) flows have been hit hard during the Covid-19 pandemic. Government-imposed travel bans and quarantines for foreign travelers likely contributed to this, so it is crucial that the government adopt economic measures to promote FDI. At the beginning of this year, we saw the adoption of the Law on Business Recovery and […]

Corporate profits

Record company profits, record share buybacks, and consider taxing them

As black, white and brown workers struggle to recover from the pandemic, leaders of the C-suite are using legalized self-operation to take an ever-increasing share of the profits. According to the Commerce Department, the last time margins were this large was in 1950. Even economists at Morgan Stanley are sounding the alarm bells about the […]