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Tax-News.com: Filipino Business Leaders Back Corporate Tax Reform

Business leaders in the Philippines say they fully support the Duterte Administration's proposed corporate tax reforms and investment incentives package.




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Tax-News.com: Philippines Aiming To Finalize Tax Reform By End Of October

Benjamin Diokno, the Philippines' Budget and Management Secretary, says the Government should secure the passage of all the remaining comprehensive tax reform bills within the next two months.




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Tax-News.com: Filipino Financial Services Tax Reforms Clear First Hurdle

The Philippines' House Committee On Ways and Means has approved a Bill that would overhaul the rates in place on financial services and passive income.




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Guess what kind of sex partners men prefer


Representational image

London: Most people prefer to have sex with partners of the same age range, and that includes men too, says a study that challenges the common assumption that men - regardless of their age -- remain interested only in young women.

Men become interested in older women as they themselves age, said the study.

The finding, published in the journal Evolutionary Psychology, suggests that when it comes to sexual partners, the difference between men and women with respect to their age preferences, is smaller than earlier believed.

While earlier research had indicated that even older men prefer young women, the new study by Jan Antfolk at Abo Akademi University in Turku, Finland suggests that this is only partly true.

The study was conducted in Finland and included 878 adult men and 1,789 adult women.

"Over the investigated age span, women reported a narrower age range than men and women tended to prefer slightly older men," the study found.

"We also show that men's age range widens as they get older: While they continue to consider sex with young women, men also consider sex with women their own age or older," said the study.

The research concluded that contrary to earlier suggestions, men's sexual activity thus reflects also their own age range, and their potential interest in younger women is not likely converted into sexual activity.

Most sexual activity occurs between partners of approximately the same age, the study said.

Additionally, the research showed that homosexual and bisexual men and women differ very little from their heterosexual counterparts.

The only exception from this is that homosexual men are somewhat more likely than bisexual and heterosexual men to have sex with partners younger than themselves.





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Did you know Irrfan Khan preferred Shoojit Sircar over Ridley Scott?

In 2014 Irrfan Khan opted out of the Ridley Scott sci-fi spectacle The Martian which later released to raves. Ridley Scott is the director of such futuristic classic blockbusters as Alien and Blade Runner. Irrfan had told me, “Yes, I was offered The Martian. The director Ridley Scott and I met. I had a memorable conversation with him. What an inspiring man and talent. He is so many things at the same time and yet he told me he had seen my Lunchbox. I asked him how he could find the time to see films after being a producer, director and so many other things. He said films like Lunchbox were his bedtime stories. Can you believe it?”

Speaking of the role that was offered to him Irrfan had said, “It was that of a NASA scientist. While Matt Damon was in outer space my character was very much on earth. But meri baatein hawa mein ho rahi tthi (but I was talking in the air).” This was not the first time Irrfan was offered a role by Ridey Scott. “He had earlier offered me part in film with Russell Crowe which too I couldn’t do due to time constraints. Maybe I’ll be third time lucky.”

Alas, that was not to be. So why did Irrfan say no to Ridley Scott? “For Piku,” came the prompt reply. “I had committed my dates to Shoojit Sircar’s film, and no regrets about that. Piku is an important film in my career. For the first time I was seen in an overt romantic role. Not that I haven’t played romantic roles. I have, in Maqbool and The Lunchbox. But in these films I didn’t get a chance to romance my heroine with poetry and banter. Shoojit is a good filmmaker, and I’d love to work with him again. But more importantly, he is a wonderful human being.”

Irrfan has no regrets about losing out on The Martian. Weirdly the part that was offered to him, of an Indian character named Vincent Kapoor was played by an African American actor Chiwetel Ejiofor.

Also Read: American Indian actor Kal Penn on sharing screen space with Irrfan Khan in The Namesake




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Mumbai: Lawyer dies of heart attack after hospitals refuse admission

Amid lockdown, a woman from neighbouring Navi Mumbai found herself completly helpless when two hospitals refused to admit her husband, a lawyer, who had suffered a heart attack. After running from one hospital to another in an ambulance, when Jaideep Jaywant (56) was finally admitted to a medical facility, it was too late, his distraught wife Deepali, who is also a lawyer, told PTI. She said in the initial days of lockdown to contain the spread of coronavirus, it was her husband who had taken an initiative to supply essential items to harried neighbours, but he died without getting timely help.

The victim, resident of Sector 17 in Vashi area of Navi Mumbai, had a massive heart attack on April 14. He collapsed after having lunch. "I could feel his pulse. There was still life in him. I immediately called an ambulance and rushed him to a nearby hospital," his wife said. "But, the security guard at the hospital did not even open the gates. They said they admitted only COVID-19 patients and no (other) emergency," she said.

They then went to a municipal hospital in Sector 10 but were not allowed inside. They subsequently proceeded to D Y Patil Hospital in Nerul. "By the time we reached there, 30 minutes were wasted and he was declared dead," the grief-stricken wife said. "Can't there be any medical emergencies other than COVID-19 during the lockdown? Is it right for hospitals to turn away patients needing emergency medical aid?" she asked.

The woman said she can't seek action against the hospital in her neighbourhood since she has no evidence against it. "General practitioners are all closed. Where do
ordinary people go?" she asked.

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

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

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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Vizag gas leak: NDRF refutes reports of second gas leakage

New Delhi: Director-General of National Disaster Response Force (NDRF), SN Pradhan, on Friday refuted reports of a second gas leak at LG Polymers in Visakhapatnam district and clarified that it was some fumes which released during the neutralisation process.

"There are rumours in some section of media about a second gas leakage, let me categorically place on record that there is no such second leakage in Vizag. Some fumes get released during the process of neutralising. It happens during the neutralisation process. It is a technical process. That process will continue," Pradhan told ANI.

Earlier in the day, the Ministry of Home Affairs (MHA) responded to reports of another gas leak at LG Polymers in Visakhapatnam and clarified that it was a "minuscule technical leak" and the situation is under control.

"There are media reports that there was another leak. This is clarified that this was a minuscule technical leak. It is required to bring the container in control. It is been controlled and the process of neutralisation is already in process. The situation is under control," the MHA said in a statement.

Meanwhile, Pradhan said, "Few fumes get released during the neutralisation process. These fumes do not go out and mostly remain in the vicinity of the company only, but that does not mean that it's secondary leakage happened there. The smell of this gas can passes through the air little bit outside, but assessing it as a second leak is utterly wrong."

The NDRF DG appealed to the media to not to run fake news on the gas leak without cross-checking so that people do not get panic.

"The neutraliser chemical has reached the spot in good quantity and it is being used in the process. Rumour mongering must be avoided in the interest of people," he said.

Pradhan informed that experts from Pune and Nagpur, including scientists are monitoring the situation on the ground since last night.

"We are preparing a roadmap with the local administration. This work is being done jointly by the state, Centre and local administration. Tourism minister of the state also visited the spot. We are also present at the spot. Since last night, the experts from Pune and Nagpur including scientists are monitoring the situation on the ground. At the moment, our two commandants and three scientists are camping there," he explained.

"Two teams of 5th battalion of NDRF are on the ground. The situation is under control. The NDRF teams will stay back in the area until the situation is absolutely under control," Pradhan said.

On Thursday, styrene gas had leaked in the gas plant of LG Polymers in RR Venkatapuram village in Visakhapatnam district on Thursday morning, which claimed 11 lives.

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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Man kills wife for refusing money to buy liquor in Uttar Pradesh

A man allegedly killed his wife when she refused to give him her jewellery to buy liquor. The incident took place in the Bamruliya village in the Farrukhabad district on Thursday. A case has been registered with the Nawabganj police station and a hunt has been launched to arrest the accused. According to the police, Prashant was married to Lakshmi Devi, 26, for six years and the couple has a five-year-old son and a three-year-old daughter.

"Prashant is a liquor addict. He would usually beat his wife in an inebriated condition. Prashant would frequently demand money from his wife for liquor. This time when she refused to give him money, he hit her with a wooden stick till she fainted and then escaped with her gold earrings," said Station House Officer (SHO) Rakesh Kumar Sharma.

"Lakshmi bled profusely and succumbed to her injuries. Her parents have lodged a complaint at the Nawabganj police station.

"We have booked Prashant under section 302 (murder) of the IPC. Raids are on to arrest him," the SHO said.

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.

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

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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Sherlyn Chopra reveals the code filmmakers use to refer to the casting couch

Casting couch is a reality in the film industry and time and again some of the celebrities have shared their experience regarding the same. Sherlyn Chopra has also been on the receiving end of it.

Sherlyn Chopra in an interview with an entertainment portal revealed that at the initial stage of her career when she would approach filmmakers with her portfolio they would ask her to meet them for dinner at around 11 or 12 in the night. At first, Sherlyn said that she was clueless and took time to understand that filmmakers do not have a professional dinner in mind. She said that dinner means compromise for them.

Sherlyn said that once she understood the intentions of the filmmakers she would politely let them know that she was not interested. Sherlyn then started telling filmmakers who approached her with dinner that she does not have dinner and asked them to invite her for breakfast or lunch and they would never respond.

Sherlyn has acted in films such as Jawani Diwani: A Youthful Joyride, Dil Bole Hadippa! and Red Swastik.

ALSO READ: Ayushmann Khurrana recalls a casting couch incident from his early days in Bollywood




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Hundreds prefer 'liberty' over safety

More and more people, most of them without masks, flooded the streets of Washington on Sunday to protest against the stay-at-home order imposed to contain the spread of the novel Coronavirus (COVID-19) outbreak.

Donald Trump once again supported the protesters, saying that the people want to get back to work. The Trump administration said parts of the nation are ready to begin a gradual return to normalcy. Yet some state leaders say their response to the pandemic is hindered by a woefully inadequate federal response.

People are "allowed to protest. Some governors have gone too far, some of the things that happened are maybe not so appropriate," he said on Sunday. "Look. They call it cabin fever — they've got cabin fever. … Their life was taken away from them," the Washington Post quoted Trump as saying. He added, "These people love our country. They want to get back to work."

According to Reuters, around 2,500 people gathered at Washington state capitol in Olympia to demonstrate against Democratic Governor Jay Inslee's lockdown order. "Shutting down businesses by picking winners and losers in which there are essential and non-essential are violations of the state and federal constitution," rally organiser Tyler Miller, 39, told Reuters. Hundreds took to the streets in Denver.

Trump also announced that he would be using the Defence Production Act to compel increased manufacturing of testing swabs — one of several products governors have been begging him to help them acquire. White House officials will also be holding a call on Monday with the governors to help walk them through where to find supplies, he said.

Trump also remained defensive, however, vowing that there were enough swabs to go around. "Swabs are easy," the president said, bringing one to his news briefing. That came hours after Washington state's Democratic governor, Jay Inslee, accused Trump of encouraging insubordination and "illegal activity" by goading protesters who flouted lockdowm rules his own administration has encouraged.

"To have an US president to encourage people to violate the law, I can't remember any time during my time in America where we have seen such a thing," Inslee told ABC's "This Week.'' He said it was "dangerous because it can inspire people to ignore things that actually can save their lives." Trump supporters in several states have ignored social distancing and stay-at-home orders, gathering to demand that governors lift controls on public activity.

Israel sees spike in anti-Semitic sentiments

Israeli researchers said on Monday that the pandemic has sparked a rise in anti-Semitic expression blaming Jews for the spread of the virus and the economic recession. The annual report by Tel Aviv University researchers shows 18 per cent spike in attacks against Jews last year. It warns that the pandemic has threatened to amp up incitement even more. The researchers said the hatred has come from sources as varied as right-wing European politicians, ultra-conservative American pastors, anti-Zionist intellectuals and Iranian state authorities.

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.

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

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 Consults Taxpayers On Income Tax Law Reform

India has launched a consultation on efforts to reform the country's 1961 income tax law, to be led by a newly constituted task force.




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Tax-News.com: India Announces Plans To Simplify GST Filing, Overhaul Refund System

Meeting on May 4, 2018, India's GST Council approved plans to simplify GST filing obligations.




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Tax-News.com: Indian Authorities To Collaborate On Tackling GST Refund Fraud

Local authorities in India have been instructed to draw up lists of taxpayers that have filed fraudulent or potentially fraudulent requests for input tax credits and where appropriate share this information with other state authorities.




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Tax-News.com: OECD Reports On Countries' Tax Reforms In 2016

On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations.




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Tax-News.com: South African Tax Man Stresses Integrity Of Tax Refund System

The South African Revenue Service announced on October 30 that it had paid over ZAR120bn (USD8.4bn) in refunds across all tax types in the last seven months, from the beginning of April of the tax season to date.




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Tax-News.com: OECD Urges International Tax Reform Of Savings, Investments

"While countries do not necessarily need to tax savings more, there is a lot of room to improve the way countries tax savings," according to Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration.




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Tax-News.com: Switzerland Simplifies Process For German WHT Refunds

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.




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Tax-News.com: Norway's Tax Refunds For Ship Owners Approved

The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners.




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Tax-News.com: South Africa Consults On Diesel Fuel Tax Refund Overhaul

The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries.




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Tax-News.com: Singapore Legislates For IP Tax Concession Reform

Singapore has gazetted a law to repeal the income tax concession for intellectual property income derived by companies benefiting from the Pioneer Service Companies Incentive or the Development and Expansion Incentive schemes.




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Tax-News.com: Singapore Announces Plans For GST Reforms

Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies.




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Tax-News.com: IMF Proposes Reforms For Belgium

Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country.




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Tax-News.com: BEPS Project Has Triggered Near-Global Tax Reform: OECD

The OECD has committed to providing proposals to fix the taxation of the digital economy by 2020, in an update to G20 leaders on international efforts to mitigate base erosion and profit shifting (BEPS).




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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: OECD Fleshes Out Int'l Tax Reform Plans During BEPS Webcast

During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy.




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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 Reports On States' Tax Reforms In 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year.




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Tax-News.com: Italy To Support Armenia To Implement BEPS Reforms

Tax officials in Armenia are to receive support from the Italian Revenue Agency to implement initiatives to tackle tax base erosion and profit shifting.




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Tax-News.com: Philippines House Passes Financial Services Tax Reforms

The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income.




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Tax-News.com: OECD To Provide Another Update On Int'l Tax Reform Work

The OECD has announced that the next Tax Talks webcast will be held on October 9. It will update stakeholders on its work to develop new international tax rules.




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Tax-News.com: New Zealand Adds To Real Property Tax Reform Plans

New Zealand has released a new consultation on proposals to further clarify the deductibility of holding costs (rates, interest, insurance, etc.) where land that is subject to tax on sale is used privately while it is held.




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Tax-News.com: Indonesia Tables Legislation For Comprehensive Tax Reform

Indonesia has reportedly tabled draft legislation in the House of Representatives to make wide-ranging changes to the tax system, including lowering the corporate tax rate and modernizing rules for digital economy players.




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Tax-News.com: Exporters Urge Int'l Reform To Simplify VAT Compliance

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization.




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Tax-News.com: IMF Recommends Tax Reforms For Malta

The IMF has said that Malta should look for ways to diversify its tax base and strengthen tax revenues.




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Tax-News.com: Belgium To Expedite VAT Refunds For Start-Ups

On December 18, 2019, the Belgian Federal Public Finance Service announced that start-up companies can request accelerated refunds of value-added tax credits from January 1, 2020.




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Tax-News.com: IMF Proposes Reforms For Belgium

Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country.




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Tax-News.com: Belgium To Expedite VAT Refunds For Firms Amid COVID-19

On March 29, 2020, the Belgian tax authority announced that value-added tax refunds will be accelerated for all declarations relating to the month of February 2020.




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Tax-News.com: IMF Encourages Hong Kong To Consider Tax Reforms

The International Monetary Fund has urged Hong Kong to consider tax reform options to boost revenues while maintaining the economy's competitiveness and flexibility.




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Tax-News.com: Switzerland Simplifies Process For German WHT Refunds

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.




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Tax-News.com: Switzerland Urged To Reform WHT System

The advisory board tasked with reporting on the state of Switzerland's financial center has recommended that the country overhaul its withholding tax system to improve its capital market offering.




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Tax-News.com: UAE To Refund VAT Incurred On House Construction Works

Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home.




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Tax-News.com: UAE Simplifies VAT Refunds For Home Owners

The United Arab Emirates' Federal Tax Authority has announced the launch of a new service on its website to simplify the process for taxpayers of recovering value-added tax incurred in building their own new homes.




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Tax-News.com: Japan's Cabinet Endorses Tax Reform Plans

Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate.




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Tax-News.com: Japan's 2018 Tax Reform Package Now Law

Following its passage through Japan's parliament, the Diet, measures in Japan's 2018 tax reform package became law on April 1, 2018.




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Tax-News.com: UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum

The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21.




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Tax-News.com: UK's IR35 Reforms Delayed For One Year

The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak.




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Tax-News.com: UK Sets Out Upcoming VAT Reform Initiatives

The UK's Chancellor, Philip Hammond, delivering the Spring Statement earlier this month, announced a number of upcoming VAT reform projects.




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Tax-News.com: Australia Consults On Tax Implications Of Insurance Law Reform

The Australian Government is consulting on the tax implications of a new accounting standard for insurance contracts.




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Tax-News.com: Australia Brings Forward Personal Income Tax Reform In 2019 Budget

Australian Treasurer Josh Frydenberg has announced that the Government will bring forward the start date for its package of income tax cuts.