D economic growth and innovation

New Delhi: India's corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, over half a dozen senior tax officials told Reuters, amid a sharp fall in economic growth and cut in corporate tax rates. … [Read more...] about India Faces First Fall in Direct Taxes in More Than Two Decades Amid Sharp Slowdown: Report

McMaster will likely talk a lot about tax reform too. His spending wish list he gave to lawmakers included $425 million set aside for taxpayer rebates and the first 0.2% step of a five-step plan to cut the state’s top income tax rate from 7% to 6%. … [Read more...] about SC Gov. McMaster gets ready of State of the State speech

“The Nigerian environment is particular in it’s own way in the sense that the monetary policy will be a guide in showing the direction of government orientation and may not neccessarily be the key determinant of interest rate in the environment. … [Read more...] about Financial experts commend MPC over benchmark rate reduction

New Delhi: India is likely to fund roughly $28 billion of its expenditure outlay in its upcoming budget for the fiscal year 2020/21 via off-budget borrowings, said three government sources directly aware of the matter, as it seeks to revive a sagging economy, while keeping its fiscal deficit in check. … [Read more...] about India likely to fund some $28 billion of 2020-21 expenditure via off-budget borrowings, claims sources

'We're seeing headline risk introduced to the market and any time there's new uncertainties, we see more volatility and flight to quality and investors fleeing risk assets,' said Charlie Ripley, senior market strategist for Allianz Investment Management in Minneapolis. … [Read more...] about Dow Jones tumbles 150 points as first case of deadly Chinese coronavirus is confirmed in US