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A higher deficit will need to be factored in to new EU budget, says economist

Radhika Rao from DBS Bank discusses the European Union's economic response in combating the coronavirus pandemic.




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Clients' health-care spending gets closer look from advisors as costs squeeze budgets

With the average couple shelling out an estimated $285,000 for medical expenses after age 65, some advisors are looking closely at how their clients should best spend their health-care dollars.




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Direct Tax expectations from Union Budget 2020

Direct Tax expectations from Union Budget 2020




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Mars Needs Money: White House Budget Could Prompt Retreat from Red Planet

Proposed cuts could end decades of U.S. leadership in exploring that world

-- Read more on ScientificAmerican.com






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Coronavirus: Seed sales soar as more of us become budding gardeners

The lockdown has led to huge growth in the number of people buying garden seeds.




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Cristiano Ronaldo: Budweiser Man of the Match, Portugal v Mexico (Portuguese)

Hear from Cristiano Ronaldo: Budweiser Man of the Match, Portugal v Mexico (Portuguese)




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Arturo Vidal: Budweiser Man of the Match, Cameroon v Chile (Spanish)

Hear from FIFA Man of the Match Arturo Vidal after his side's 2-0 win over Cameroon at the FIFA Confederations Cup 2017 (Spanish).




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Cristiano Ronaldo: Budweiser Man of the Match - Russia v Portugal

Hear from FIFA man of the match Cristiano Ronaldo after his sides 1-0 win over Russia.




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Javier Aquino: Budweiser Man of the Match - Mexico v New Zealand

Hear from FIFA man of the match Javier Aquino after his sides 2-1 win over New Zealand.




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Hirving Lozano: Budweiser Man of the Match (Spanish)

Hear from FIFA Man of the Match Hirving Lozano after his side's 2-1 win over Russia at the FIFA Confederations Cup 2017 (Audio in Spanish).




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Claudio Bravo: Budweiser Man of the Match - Match 13: Portugal v Chile

Hear from FIFA Man of the Match and Chile captain Claudio Bravo after his side beat Portugal on penalties to reach the final of the FIFA Confederations Cup 2017.




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Leon Goretzka: Budweiser Man of the Match, Germany v Mexico

Hear from Budweiser Man of the Match Leon Goretzka after his side beat Mexico to reach the Final of the FIFA Confederations Cup 2017.




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This budget-friendly Vashi eatery is a must-visit for chicken lovers!

We spotted a new eatery in the busy commercial hub of Sector 17, Vashi, and the signboard got our attention immediately — Nothing But Chicken, it boldly announced, Now Open. Mental note to self — must check this place out. Soon enough, we find ourselves at the new eatery one afternoon. With just four high chairs, the place is more a take-away, but we choose to have our working lunch at Nothing But Chicken (NBC).

The décor is cheery and functional with doodles of smiling hens giving us company. We also note signage about the restaurant being Halal & ISO 22000 compliant, and most importantly for us, that the meat is fresh, not frozen.


Chicken seekh kabab

Chicken all the way
At the entrance, NBC sports a huge refrigerated display that has raw, pre-cut and in some cases, pre-marinated chicken portions. You can choose from a variety of sausages — jalapeno and cheese, cocktail, classic salami to name a few — or you could buy pre-marinated chicken, grill it yourself and enjoy it in the comfort of your home. Options include chimichuri, peri-peri, Greek yogurt and pepper, cheesy garlic breast among others.

The second display counter has all the ready-to-eat goodies — you can choose from a variety of sandwiches and salads or simply opt for a pilaf or chicken vada pow, desi burger, chicken seekh pow or chicken kheema pow. We order the chicken vada pow (`65), grilled chicken wrap (`105), two pieces of galouti seekh kabab (`34), three pieces of classic seekh kabab (`48), tandoori tangdi (`102) and chicken mayo roll (`105). We realise much later that they billed us for a classic salad (`82), which we were not served. When we point it out to the staff the following day, they are polite and refund the amount and the applicable taxes, too.


Chicken vada pow

Back to our chicken encounter. The order is served one item at a time, heated in front of us in a microwave oven. The presentation is fuss-free and practical. The wrap, kababs and tandoori tangdi are so hot, they are steaming right to the very last bite.

Vada pav vs burger
We are informed that the lone difference between a chicken vada pow and a desi burger is the flavour and spices of the patty.


Tandoori tangdi

The former comes served with a chicken patty in a brown bread pav with cheese dip and schezwan sauce. It is tasty, but since the dish is named after the popular Mumbai snack, we would have preferred the traditional chutneys to go with it. That, we feel, could have been the differentiating element between the desi burger and the chicken vada pow. The patty is mildly spiced and despite being reheated, hasn’t become tough. This, in fact, is true for everything we order.

The tandoori tangdi is well marinated with the classic smoky taste, cooked just right so it is tender. The chicken mayo roll is too bland and sour for our taste. The galouti seekh kabab and the classic seekh kabab taste different, in a good way — the chicken in both offerings is tender and flavourful.


The interiors

The grilled chicken wrap is a whole wheat roti with a masala chicken filling. It has the right balance of spice and is quite filling. By now, we need something to quench our thirst; NBC stocks regular soft drinks and we wash down our meal with a couple of fresh fruit juices on offer. With its reasonably priced, no-frills menu, NBC is ideal for a quick, VFM meal, or to help you cut down your chicken preparation time at home. With courteous staff, they seem to have their act in order. However, given their location, they are likely to face stiff competition from their F&B neighbours.

Time 9 am to 11.30 pm
At Sector 17, Shiv Center, Next to Arneja Corner, Vashi, Navi Mumbai.
Call 8828812200

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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mid day editorial: It's better to nip crime in the bud

This paper ran a disturbing front page story on the weekend. It cited how, for several months, the Mumbra Police have been at their wits' end over bikes and scooters going missing from various parts of the suburban township. Last week, however, the police tracked the culprits, who were a gang of 10- to 15-year-olds.

All the nine boys who were apprehended by the police were minors. All of them hail from poor families in Mumbra and they are passionate about bikes and just wanted to ride them for fun. While the boys have been put in a home, what is worrying is that a couple of parents are in denial about their boys being involved in the theft.
The report said that Mumbra residents had complained to the police about rash driving by young children, who didn't have a driving licence. A social activist in the area had even said that many children here start riding bikes when they are as young as 12.

Most of these kids have not been to school. There is also the prospect that this crime may be a stepping stone for them and it may escalate to bigger crimes once they are out of this home. Parents need to pay much closer attention to what their children have been doing. They may not know about the crime, as it is natural these children will hide this from their parents. But, as a parent, they must try to investigate and question their children in case they suspect an unusual pattern in their behaviour.

It is unacceptable that 10-year-olds are riding bikes, putting not only themselves, but also other bikers and pedestrians in danger. Report them, if you suspect it's an underage boy riding a bike.

Finally, much more social awareness, sustained campaigns, and acceptance rather than denial by parents, can counter this menace. The bike robberies are not all innocent fun, it has grave ramifications for the future.

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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'I am attracted to my buddy's wife...'

Dear Diana,
I have fallen in love with my best friend's wife. They got married recently. I was attracted to her the day I saw her, just before their wedding. I am single. When I am around with her, I try my best to contain my feelings for her, but I cannot. I keep dropping in at their home on some pretext or the other. I have never had such feelings for any other girl. My buddy is planning to go on a holiday to Goa. A lot of our common pals are also going, so he has also told me to come along. I am scared that I do not do something stupid and make things embarrassing for her. I find my feelings for her getting stronger day-by-day. I keep fantasising about her. She calls me bhaiyya which I detest. At the same time, I would never do anything that would destroy my friendship with my buddy. What do I do? Should I just break my friendship with him?
– Amar


Illustration/Uday Mohite

Dear Amar,
You are well aware that you are playing with fire. She is your buddy's wife, so if you are thinking of a future with her, be ready to get scorched. Remember you are ruining your life, her life, as well as your buddy's life. You may be attracted to her, but you will have to contain your feelings for her. Have you ever wondered how your pal will react? How will you face your buddy when he realises what is on in your mind? A relationship with your pal's wife will only ruin your life. You seem to have let yourself go. It is easy to say that you are attracted to her, but you need to draw the line. She calls you bhaiyya, so she has no clue what is going on. It will come as a shock to her when she realises that you are lusting for her. Banish any such thoughts if you do not want to lose your friend. If you are finding it difficult, limit your interactions with his wife for a while. Also, get going with your life and find someone else.





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Aamir Khan: Budding scriptwriters should continue writing with more enthusiasm

What started as a passion project for Aamir Khan in 2017, has grown into an initiative that is changing the landscape for budding writers in the Indian film industry. The second edition of Cinestaan India's Storytellers Script Contest, a nationwide hunt for scripts where the five winners take home a total cash prize of Rs 50 lakh, was launched this February. Over the past three months, the four-member jury — consisting of Khan, Anjum Rajabali, Juhi Chaturvedi and Rajkumar Hirani — sifted through numerous entries to choose five compelling stories that can be taken to the screen. While the on-ground event to announce the winners has been cancelled due to the current scenario, the superstar will unveil the new talent on social media today.

Excited to be part of an endeavour that celebrates screenwriting — an aspect he considers the backbone of every successful film — Khan urges budding writers to not let the prevailing situation dampen their creativity. "Budding scriptwriters should continue writing with more enthusiasm, especially during these times. Every filmmaker needs a good script," says the actor.

California-based NRI Sejal Pachisia has bagged the top prize of a whopping Rs 25 lakh for her story, On the Boundary. The second and third prizes have been won by Digant Patil and Soumil Shukla for Guilt and Laakh Maavla respectively. The prize is financed by Cinestaan Digital, an internet media firm focussed on building cinema-related products for Indian audiences. The chosen scripts will become part of its story incubator programme.


Screenwriters Anjum Rajabali and Juhi Chaturvedi

Rajabali, jury chairperson, says the contest was designed to provide a platform to new talent, thus helping deserving outsiders to gain a toehold in the industry.

"It's important that we raise the standard of our scriptwriting so that the quality of our cinema improves," he states.

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Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




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Aamir Khan encourages budding scriptwriters to write more enthusiastically; will announce winners of script contest on social media 

In 2017, Aamir Khan started a project to boost budding writers in the Indian film industry. The second edition of Cinestaan India's Storyteller Script Contest, a nationwide hunt for scripts where the five winners take home a total cash prize of Rs. 50 lakh was launched this February. From the past few months, the four-member jury consisting of Aamir Khan, Anjum Rajabali, Juhi Chaturvedi and Rajkumar Hirani has gone through numerous entries to choose five compelling stories that can be taken to screen. 

However, this time instead of the on-ground event to announce the winners, Aamir Khan will unveil the winners on social media. Meanwhile, Khan is urging writers to not let the prevailing situation dampen their creativity. He said that budding writers should write with more enthusiasm, especially during these times. 

Says Rohit Khattar, Chairman of Cinestaan Digital, “I am grateful to our esteemed jury in working with us to bring Indian storytelling talent to the forefront especially during these surreal times. Thank you to the thousands of writers who had applied. The quality of the work was stellar and we would like to congratulate the winners who are truly deserving and wish them success.”

Speaking about the winners, Anjum Rajabali, the Jury Chairperson said, ‘We started this contest with the larger objective of attracting more people to write scripts. It’s very important that we improve the quality of our scriptwriting so that the quality of our cinema goes up. The caliber of scripts in this edition was better than last year and it’s heartening to see that the talent is developing. Thank you to the jury members for giving their valuable time in reading and assessing the scripts. Truly appreciate the Cinestaan team’s hard work. I have not seen this kind of unconditional support and generosity before, with the only reward being to encourage good writing in this country.’

Juhi Chaturvedi says, ‘As a writer, I understand the joy of being appreciated, especially on a big platform like this which motivates us to write more. Congratulations to the winners. I’m very happy that through this contest I was able to be a small part of your journey.’

Raju Hirani while congratulating the winners said, ‘I’m happy that the objective with which this contest was started, to inspire scriptwriters and give them a platform to send their scripts from all parts of the country - slowly and steadily we are moving towards our goal. The caliber of scripts this year has been better than last year.’

All the entries of the second edition of the contest went through a transparent and stringent process of evaluation at various levels. The shortlisted synopsis were asked to send in a complete script which were then assessed and then the winners selected by the jury. All scripts have been registered by the contestants with the Scriptwriters Association and other similar recognized bodies to ensure that the writers' content is completely protected.

‘Cinestaan India’s Storytellers Script Contest’ was launched by Cinestaan Digital Pvt. Ltd. and is India’s biggest Script Contest. The winners of the contest are awarded cash prizes worth Rs. 50 lakhs.

ALSO READ: Aamir Khan dismisses distributing money to the poor in wheat bag, says “Robin Hood doesn’t want to reveal himself”




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Most Common Budbak

13/03/2020




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Kamal Haasan re-imagines India for 'post-COVID world', calls for 'epidemic preparedness budget'

Actor-turned-politician Kamal Haasan on Monday re-imagined India for the "post-COVID world" and suggested measures across different sectors, including an "epidemic preparedness budget" for the health sector.

"While there are concerns, it's worth praising how this crisis is setting a precedent with state governments coming together and co-operating with each other as well as with the Centre. I sincerely hope this becomes a norm and help overcome perennial battles like the water crisis, pollution, migrants' woes, women's safety, communal violence, healthcare etc," Haasan said on his Twitter account.

"The last full-scale war India fought was almost half a century ago, but poor healthcare is an everyday war leading to 1.6 million deaths annually. Yet, year after year our Defence budget overshadows the healthcare budget," Haasan stated and added that it's a "pity that India continues seeing Defence as a more newsworthy proposition compared to healthcare".

He suggested that India needs to earmark an "epidemic preparedness budget with immediate effect".

"We are under threat a lot more from within than from outside our borders. Our priority towards Health needs to be reimagined with a handsome budget to match," Haasan said.

The Makkal Needhi Maiam (MNM) President later went on to talk about the Agriculture sector and said that India requires a 'Green Plus' revolution that firstly converts part of our agricultural land for an allied enterprise like processing, logistics, etc.

"Secondly, we need to accelerate productivity maximization on a war footing. Boosting agro based MSMEs will help retain youth in the sector and build a sustainable and prosperous future for farming. This will also solve the problem of seasonal lack of work for farmers," Haasan said.

He also suggested bringing India's vast informal sector into the formal fold.

"Bringing India's informal workers under the formal fold must become the biggest national exercise that the government needs to undertake in the near future. Other than boosting the morale of this segment and paving way for its growth, it will also mean enhanced tax collection, a lot of which can be ploughed back to improve infrastructure and offer welfare to the same workers," Haasan said.

"There is also a need to change our outlook towards the vast majority of women who toil their lives away under the status of 'housewife'. Women engaging in housework must be accorded job status. They have little or no savings and a Universal Income Guarantee will give a boost to their savings. Savings always help during any kind of crisis," he added.

Haasan even suggested correction in income inequality and poverty alleviation.

He added, "COVID-19 has shown us that poverty still remains India's most critical challenge. In a crisis, the rich will take a hit but they will not starve to death. Our leaders must learn to integrate the poor man's life in how they plan the running of the country. Relief measures are mere afterthoughts."

In conclusion, Haasan said, "It's time we reinvent the word superpower, India's pipe dream for decades. Let's be a universal thought leader, to put it in parlance a Vishwa-Guru and for all the right reasons."

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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Buddha Purnima: Prime Minister Narendra Modi extends wishes to nation, followers of Lord Buddha across world

On the occasion of Buddha Purnima, Prime Minister Narendra Modi on Thursday extended greetings to the nation and the followers of Lord Buddha around the world.  I extend my wishes to all on the occasion of Buddha Purnima. Today, the situation is such that I cannot participate in Buddha Purnima programmes physically. It would have been my pleasure to be with you all in the celebrations, but circumstances prevailing today do not permit us," the Prime Minister said in his address.

"It is my good fortune that I have got the opportunity to take your blessings. In 2015, 2018 in Delhi and in 2017 in Colombo, I had the chance of joining this event and being amongst you," he said. Praising Lord Buddha, the Prime Minister used one of his sayings to state that the lack of physical interaction on this occasion would not be a hindrance to the enthusiasm surrounding the day.

"Lord Buddha had said - the mind is the basis of Dhamma, the mind is Supreme, the mind is at the forefront of all tendencies. That's why since our minds are connected, we don't feel the lack of physical presence much," the Prime Minister said.

The festival of Buddha Purnima is celebrated to commemorate the birth of Siddhartha Gautama, who later became Gautam Buddha.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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Extraction director Sam Hargrave: Not much space for mid-budget action films

"Extraction" director and popular Hollywood stunt coordinator Sam Hargrave feels cinema has space for either "super big-budget movies like superheroes" or smaller movies, saying that it doesn't leave much room for mid-budget action movies.

Talking about his upcoming Netflix action film, Hargrave told IANS: "It seems that there's not as much space in the cinemas for these kinds of mid-budget action movies. It seems that it's mostly the super big-budget superhero movies or the kind of the smaller stuff."

Hargrave is glad that his first movie will reach a wider audience through Netflix.

"Netflix has carved out space for itself for movies like these to exist, which I think is really great… Because there are a lot of great stories out there… These kinds of movies, now, have a place to be seen, be viewed and be enjoyed," he said.

With "Extraction", Hargrave is graduating from being Chris Evans' stunt double in "Captain America: The Winter Soldier" for fight scenes and stunt coordinator in "Captain America: Civil War" to a feature director. Hargrave was an additional second unit director in "Avengers: Infinity War".

Hargrave continued: "I think that's a really great thing for audiences around the world. I'm happy that my first time directing (feature film) come out on a platform like Netflix where so many people can see this. It is a very unique experience and one that I'm looking forward to seeing how it all plays out when it comes out on April 24."

For his first film, Hargrave reunited with his "Avengers" family. He got "Thor" star Chris Hemsworth to lead the film, screenplay of which is done by Joe Russo. The film is produced by Russo Brothers (Joe and Anthony Russo), Mike Larocca, Chris Hemsworth, Eric Gitter, and Peter Schwerin.

Originally titled "Dhaka", the film also stars Indian actors Randeep Hooda, Pankaj Tripathi, Priyanshu Painyulli, and Rudraksh Jaiswal. It revolves around Tyler Rake (essayed by Hemsworth), a fearless, black market mercenary, who embarks on the most deadly extraction of his career when he is enlisted to rescue the kidnapped son of an imprisoned international crime lord. It has been shot extensively in India, along with other places around the world.

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1,200-year-old Buddhist carvings found in Tibet

Representational picture

Lhasa: Newly discovered cliff carvings in eastern Tibet may offer a glimpse into Buddhist art and local history from 1,200 years ago.

According to the regional cultural relics protection research institute, the discoveries dating back to the Tibetan Tubo Kingdom were found in Acur township of Qamdo city, Xinhua news agency reported.

The relics of the Buddha figure carvings were first found by construction workers who were mining for stones. The carvings are inscribed on cliffs that stretch some 10 metres in total.

Experts believe that the carvings were created in the 9th century, based on their style.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever





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Donald Trump wont budge on Nov 3 poll

US President Donald Trump has ruled out making any changes in the date of the November 3 presidential election because of the Coronavirus pandemic. "I never even thought of changing the date of the election. Why would I do that? November 3, it's a good number," Trump told reporters at his White House news conference. His likely Democratic opponent Joe Biden last week said Trump was considering changing the date. "Mark my words, I think he is gonna try to kick back the election somehow, come up with some rationale why it can't be held [sic]," Biden said during an online fundraiser.

'Look forward to it'
"No, I look forward to that election and that was just made a propaganda not by him but by some of the many people that are working writing little segments. I see all of the time statements made you say something statement made per Joe Biden, Sleepy Joe," Trump said. "He didn't make those statements. Somebody did but they said he made it. No, let him know I am not thinking about it at all. Not at all," he said.

In a call with governors on Monday, Trump said states should "seriously consider" reopening their public schools before the end of the academic year, even though dozens already have said it would be unsafe for students to return until the summer or fall.

'Consider opening schools'
"Some of you might start thinking about school openings, because a lot of people are wanting to have the school openings. It's not a big subject, young children have done very well in this disaster that we've all gone through," he said. Reopening schools is considered key to getting the economy moving again. Without a safe place for their kids, many parents would have difficulty returning to work.

1,010,507
Total no. of COVID-19 infections in the US

56,803
Total no. of COVID-19 deaths in the US

Turkey sends protective equipment to US


The cargo at the Etimesgut airport outside Ankara. Pic/AP

Turkey has dispatched a planeload of personal protective equipment to support the United States as it grapples with the novel Coronavirus outbreak. A Turkish military cargo carrying the medical equipment took off from an air base near the capital Ankara on Tuesday, the state-run Anadolu Agency reported. It was scheduled to land at Andrews Air Force Base near Washington later in the day. A top official said Turkey is donating 5,00,000 surgical masks, 4,000 overalls, 2,000 litres (528 gallons) of disinfectant, 1,500 goggles, 400 N-95 masks and 500 face shields.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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Tax-News.com: India Gazettes Law For Budget Tax Changes

India has published in its Official Gazette legislation to give effect to tax announcements in the 2019-20 Budget.




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Tax-News.com: Singapore Confirms Future GST Hike In Budget

Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget.




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Tax-News.com: No Tax Surprises In Singapore's 2019 Budget

Singapore's recently released 2019 Budget included few significant tax announcements except confirmation that Singapore's carbon tax will be levied this year and the goods and services tax will be hiked in the medium term.




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Tax-News.com: Malaysia Hints At Sector Tax Breaks In Upcoming Budget

Malaysia is to use targeted tax breaks to support certain industries in this year's budget and in particular small and medium sized businesses, according to a government minister.




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Tax-News.com: Malaysia's 2018 Budget Includes Various Tax Relief Changes

The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms.




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Tax-News.com: Finnish Government Reaches 2019 Budget Agreement

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies.




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Tax-News.com: German Government Submits 2020 Budget

On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures.




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Tax-News.com: Finnish Budget For 2020 Agreed

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals.




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Tax-News.com: Poland Adopts 2020 Budget

On September 24, 2019, the Polish Government adopted the draft Budget for 2020, which takes into account recent reductions in personal income tax.




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Tax-News.com: Greek 2020 Budget Submitted

On October 7, 2019, the Greek Ministry of Finance presented to parliament the 2020 Budget, which includes numerous tax cut measures announced recently by Prime Minister Kyriakos Mitsotakis.




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Tax-News.com: UK Announces Digital Tax, Corporate Tax Reforms In New Budget

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses.




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Tax-News.com: Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises.




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Tax-News.com: Canada's 2019 Budget Focuses On Real Estate Tax Compliance

Canadian Finance Minister Bill Morneau has made tax non-compliance in the real-estate market a major focus of his 2019 Budget.




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Tax-News.com: Canada To Legislate For Budget Tax Reforms

The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget.




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Tax-News.com: EU Tells Italy To Revise 2019 Budget Plan

On October 23, 2018, the European Commission issued a request to the Italian Government that it revise its draft budgetary plan for 2019 because it breaches European Union fiscal rules.




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Tax-News.com: Italian Government Approves Draft Budget

On October 16, 2019, the Italian Council of Ministers approved the draft Budget law for 2020, which will prevent an automatic rise in the rate of value-added tax, and includes further measures designed to combat tax avoidance and evasion.




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Tax-News.com: Algeria Releases 2020 Draft Budget

Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs.




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Tax-News.com: Trinidad And Tobago's Budget Focused At Companies

Caribbean territory Trinidad and Tobago announced changes to corporate tax breaks in its 2020 Budget, in which it committed to clear the almost TTD4.5bn (USD664m) in unpaid VAT refunds.




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Tax-News.com: Mauritius Gazettes Budget Tax Measures

Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019.




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Tax-News.com: Hong Kong's New Budget Contains Tax Relief Measures

Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses.




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Tax-News.com: Hong Kong Gazettes Tax-Cutting Budget Bill

On March 9 Hong Kong's Inland Revenue Department gazetted the Inland Revenue (Amendment) Bill 2018, containing measures worth HKD30bn (USD3.82bn) announced in the Budget.




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Tax-News.com: HK's Legislature Passes 2018/19 Budget Bill

Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament.




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Tax-News.com: Hong Kong Announces Tax Credit Handout In 2020 Budget

Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment.




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Tax-News.com: UK Announces Plastics Tax, Business Rates Relief In 2020 Budget

The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications.




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Tax-News.com: Saint Kitts And Nevis Announces Another 'Tax-Free' Budget

The Prime Minister of St Kitts and Nevis and Minister of Finance, Timothy Harris, delivered a "tax-free Budget" on December 12, 2019.