BBC splits up its news operation in India to meet regulations
Wednesday, 10 April 2024 BBC divided its India news operations, with former staff creating Collective Newsroom to comply with FDI laws. The Indian govt implemented a 26% FDI cap for digital news services. Tax surveys conducted post controversial Modi documentary.
Supreme Court Rejects , Challenge to Tax Law on, Foreign Investments.
On June 20, the Supreme Court upheld a tax on foreign
corporate investments enacted by a Republican-controlled
Congress under former President Donald Trump.
On June 20, the Supreme Court upheld a tax on foreign
corporate investments enacted by a Republican-controlled
Congress under former President Donald Trump.
NBC reports that the case had attracted scrutiny when
conservative Justice Samuel Alito refused to recuse
himself despite ties with one of the challenging lawyers.
The case revolved around whether an individual can be
forced to pay taxes on investments in foreign-owned
companies regardless of if they were a source of income.
The case revolved around whether an individual can be
forced to pay taxes on investments in foreign-owned
companies regardless of if they were a source of income.
According to the 16th Amendment
of the Constitution, Congress has the
power to "collect taxes on incomes.".
In the case, Charles and Kathleen Moore claim they were
unfairly taxed on their $40,000 investment in an
India-based company called KisanKraft Machine Tools. .
While the company made a profit, the Moores
claim that they received no dividends and that
the money was reinvested in the business.
As a result, the Moores did not pay taxes between
2006 and 2017 on what the U.S. government later
defined as income from their investment. .
Due to a provision that was part of a major tax law
enacted by former President Donald Trump in 2017,
the Moores paid $15,000 in additional taxes.
They later sought a refund for that payment,
arguing that they had been unlawfully taxed
based on an increase in the value of a capital
investment not qualifying as income.
The couple's challenge was rejected
by the Supreme Court 7-2
Credit: Wibbitz Top Stories Duration: 01:30Published
Explore the top politicians on 'X' (formerly Twitter) in 2024 who are shaping global discourse. From Barack Obama's progressive policies to Narendra Modi's diplomatic engagements, and Donald Trump's controversial impact, these leaders influence public opinion worldwide.
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Former President Donald Trump narrowly escaped an assassination attempt during a rally in Butler, Pennsylvania, where Thomas Crooks fired five shots from an AR-15 rifle from a 120-yard distance. The incident highlighted critical security lapses compared to the SPG protocols for India's PM Modi, which include limited exposure and thorough sweeps. Footage revealed disorganised Secret Service personnel, insufficient Bullet-resistant shields, and Sniper protection. This event recalls the assassination of Japan's former PM Shinzo Abe and underscores the urgent need for a comprehensive review of security measures for political candidates.
#DonaldTrump #TrumpWeapon #AR15 #USGunLaws #USSecurityService #SecurityServiceChief #KimberlyCheatle #TrumpAssassinationAttempt #TrumpShot #DonaldTrumpShot #DonaldTrumpAssassination #AssassinationDonaldTrump #DonaldTrumpShotCampaign #DonaldTrumpEar #DonaldTrumpBullet #USNews #BreakingNews #InternationalNews #DonaldTrumpAssassination #biden #Trump #PoliticalViolence #NationalUnity #USPresident #breakingNews #Rehobothbeach #DonaldTrump #SecretService #StateAgencies
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