New York District Attorney Cyrus Vance, defending grand jury issued subpeonas to obtain President Donald Trump ''s tax returns, suggested Monday that the purpose was for a wider investigation of "protracted criminal conduct " at the Trump Organization.
How has Covid 19 impacted AM NS India plans? What is your outlook on steel demand and price?Covid 19 is an unprecedented global crisis. Even though the lockdown started on March 24, there was a quantum jump in performance in Q4FY20, year on year. The first quarter of 2020 21 has also been quite satisfying considering the pandemic, lockdown and slowdown in the economy. Since June, we are running at full capacity. Domestic demand is reviving with rural economy taking the lead. Domestic sales are certainly not a substitute for exports.The Hazira plant produces flat products. Long products used in infrastructure projects are in great demand in India.Steel is front and centre in India s recovery, a point that we, representing the ISA, have placed before the steel ministry and the government for uniform policy implementation for the sector. Infrastructure projects must be front loaded to further speed up the economic growth and steel consumption.We do not plan to get into manufacture of long products immediately. In future, we may consider it.Is there a plan to set up a plant in a state with high mineral deposits for long products?The Gujarat government has been providing a lot of support to industries. . I am sure the state will provide the right environment. I must say that Odisha and Andhra Pradesh, where we have pellet facilities, have also been very supportive, especially during the Covid 19 crisis. The second pellet plant will come into operation in Odisha in another six months, taking our pellet capacity in India to 20 million tonne. We already have acquired two mines to meet our iron ore requirement partially.As the head of Indian Steel Alliance, how do you see the association ''s role, especially after Tata Steel ''s exit?The vision of ISA is to work towards transforming the Indian steel industry as a responsible global leader acclaimed for its competitiveness while focusing on health, safety and environment. This is a collective approach and we will try our best to take steps for the betterment of the industry at large.India may be one of the world s largest economies by GDP, but our per capita steel consumption is very low. We simply do not use steel in the multiplicity of ways that is common in a developed economy. That must change if we are to grow in commercial and value terms.Yes, one of the key tasks is to bring back Tata Steel into the association and we are in consultation with them.You have been batting for border adjustment tax , but going by the total value of imports in June, 56% were those products which are available domestically and are the most basic products such as scrap. Doesn t it indicate that domestic prices are at an elevated level or is it a case of dumping?Indian steel manufacturers bear multiple local taxes electricity and cross subsidy duties, clean energy cess and royalties on ore and there are more. There is no input credit available. These taxes make up 12% of the price of steel. In rival markets, these levies either do not exist or are comparatively lower. So, Indian steel is subjected to unfair competition even before it leaves our plants. So, if taxes are reduced or BAT introduced, it would create a level playing field. For the same reasons, the export incentives also need to be enhanced. The steel ministry shares these concerns.India s steel exports have more than trebled in just three months to stand at 1.55 MT in June, mainly due to higher volume to China. Since China is ramping up production, will this trend continue for months to come? Or is just a temporary phenomenon?Indian steel s guiding light is a steel ministry vision of 300 MT of capacity by 2030. We are currently at about 138 MT. The pandemic will put additional pressure on this target. Recent stimulus packages as well as monetary policy adjustments to improve liquidity and credit for MSMEs, reflect the enormity of the challenge. But, the Indian steel industry has to be more competitive, enhance the overall export ratio, and government can support the endeavour by creating a level playing field in the sector. Export incentive must be enhanced to make us more competitive in the international market and BAT in the domestic market. In spite of many such odds, exports formed a significant portion of sales in Q1FY21. The exports to China will come down in the coming months. Right now, they are importing because of the price arbitrage.
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A spokesperson for Telegram confirmed the complaint to TechCrunch, pointing us to this public Telegram post where founder Pavel Durov sets out seven reasons why he thinks iPhone users should be concerned about the company;s behavior.These range from the contention that Apple ''s 30% fee on app developers leads to higher prices for iPhone users; to censorship concerns, given Apple controls what ''s allowed (and not allowed) on its store; to criticism of delays to app updates that flow from Apple ''s app review process; to the claim that the App Store structure is inherently hostile to user privacy, given that Apple gets full visibility of which apps users are downloading and engaging with.
Chandigarh, July 30(UNI) Haryana Vidhan Sabha Speaker Gian Chand Gupta, taking cognisance of the issue related to property tax of Panchkula residents, directed the Director General, Urban Local Bodies Department, Amit Kumar Agrawal, to investigate and resolve the matter.Chandigarh, Jul 30 (UNI) Haryana Government has given the charge of Director, Haryana Sahitya Academy to Chander Trikha, Vice Chairman, Haryana Urdu Academy, Panchkula in addition to his present duties upon completion of tenure of Puran Mal Gaur as Director, Haryana Sahitya Academy on August 3, 2020.
Founded in 2015, CANDIS automates manual bookkeeping, accounting processes and B2B payments for mid market companies with machine learning. The software automatically collects bookkeeping documents from various sources, classifies and authenticates the data, generates approval processes and real time insights and payments for accounts payables. Thousands of companies and their tax advisors already benefit from CANDIS unique technology in Germany.CANDIS intends to use the capital to continue the development of its machine learning engine and to fuel growth and expansion within Europe. The company is executing on its goal of becoming the European market leader for automated financial processes for SMBs. As of today, the company s software automates more than 80% of all classic accounting processes and facilitates efficient collaboration with tax accounting firms across Europe.
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Donald Trump s rumbustious presidency has been more or less the mix of confusion, contradiction, banality and confrontation I predicted four years ago, in a July 2016 report The Political Economy of Donald Trump . The economic buoyancy accompanying his journey into the White House, which continued, tax cut propelled, for the first three years of office, is now seriously threatened.The probability of a Trump defeat in against Joe Biden November has risen, but it is by no means certain. Much can change electorally in three months, especially in a nation riven by social and ethnic fault lines and where foreign crises (such as an autumn eruption with China) are likely to favour the incumbent. I would still wager an economic rebound taking Trump unpopular, divisive and unsavoury to a second four year term.
Cabinet Minister Gopal Rai said that the BJP should clarify where the tax amount was being spent by the municipal corporations. AAP leader Durgesh Pathak said that the Delhi BJP Chief Adesh Gupta should immediately interfere and get the tax hike rolled back. The AAP has said that they would launch door to door protests against the tax hike if the hike is not announced. 'Amid the Covid crisis, the South Delhi Municipal Corporation SDMC is coming up with four types of tax hike proposals tomorrow. This decision is very saddening and unfortunate,' said Rai.
Madonna boasted about not paying a $ 1 million fine slapped on her for supporting Russia;s LGBT community. On Monday she posted on Instagram and Twitter a video, showing part of her speech, ;I was fined $ 1 million by the govt. for supporting the gay community.;She added, " I never paid. " On the video Madonna exclaimed that people are afraid of those who are different. She called this a "very scary time " as there is intolerance around.
The Gehlot camp insisted that it had ordered the SOG investigation to expose an unholy nexus between the BJP and Congress rebels led by Sachin Pilot. It also alleged that the Centre was misusing the Enforcement Directorate to raid two businessmen friends of the chief minister s family. But, the BJP argued that the ED raids sought to expose rampant corruption around the chief minister.The ED, the National Investigation Agency and the income tax department unlike the CBI do not need state government permission as they investigate crimes under the Central list, like terrorism and tax evasion. But in the case of CBI investigation of crimes not on the Central list, the states can withhold permission under the Delhi Special Police Establishment Act.
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There is all this money with developers who have been doing tax evasion and small scale projects, Zaigham Rizvi, member of Naya Pakistan Housing Program taskforce, said in an interview. I support the decision to bring funds from the dark economy into the tangible economy. Construction will generate some sort of tax directly or indirectly if that money is put through the value added system. With revenue collections slowing amid the coronavirus pandemic, Khan is trying to tap illegal wealth that s estimated to be as large as 56% of the $278 billion economy. The government this year cut the budget for development spending and has little recourse to raise money after taking bailout funds and an emergency loan from the International Monetary Fund.
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Dr. Mustafa Madbouli, Egyptian Prime Minister and Dr. Mohamed Farid, Executive Chairman of The Egyptian Exchange, held a meeting to discuss measures taken for the sustainable development of the Egyptian capital market in light of the current state of the Coronavirus pandemic.During the meeting, EGX Executive Chairman reviewed measures during the pandemic among which is the reduction of stamp duty for resident investors to 0.5 1000 from 1.5 1000 and adjournment of the capital gains tax. Another measure taken was the President ''s initiative to support trading and stability of the Egyptian capital market through the Central Bank of Egypt. Other actions taken by the Financial Regulatory Authority and The Egyptian Exchange included reducing purchase process of Treasury stocks, remote access to the Egyptian market, and the E voting system enabling companies to conduct their board meetings and General Assembly activities while applying social distancing.Developments for the establishment of the Egyptian Mercantile Exchange done in collaboration with the Ministry of Supply and Internal Trade were discussed. It was noted that the legislative framework for the Mercantile Exchange was finalized to be presented to the parliament upon completion.During the meeting they discussed establishment of a regulated derivatives market, expanding the capital market awareness programs with the Ministry of Culture with the possibility of including investments of university students in the stock market and study legislative amendments requested enabling them to invest.
I heartily agree Americans are owed an apology for a running tally of more than 20,000 documented untrue statements told by this president since inauguration and for the more than 135,000 deaths since the president claimed the pandemic would vanish like a miracle. We are owed an apology for the corrupt use of pardon power to save political cronies. Also, for the hidden tax breaks that benefit a certain class of individuals called, gee, real estate investors. How about an apology for the alienation of historic allies and the coddling of dictators? As a disabled veteran and son of a World War II veteran, I d like to hear this president apologize for belittling the sacrifice of former prisoners of war, Gold Star families, and the widows of deceased servicemen.
The General Court was hearing a joint appeal by Apple and the Irish government against a 2016 decision of the European Commission, which found that Ireland had given Apple an unfair tax advantage from 2003 to 2014, and had ordered the island nation to recover 13 billion from the technology company.While the verdict has been welcomed by Apple and the Irish government, critics have denounced it as a setback to the EU s tax collection efforts which have become increasingly important in the wake of Covid 19 s economic fallout.
Malwarebytes appoints Cork based Jordan Ryan to sales leadership roleEU court rules in favour of Apple and Ireland in longstanding tax case