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BAILOUT TAXES
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
Sri Lanka to restart talks with IMF immediately: PresidentSri Lanka's new president, Anura Kumara Dissanayake, has called for immediate talks with the IMF to renegotiate a $2.9 billion bailout. The...
IMF asks Pakistan to 'impose' tax on monthly pensions, says 'new bailout programme' will require reformsThe International Monetary Fund (IMF) has requested Pakistan to impose a tax on monthly pensions exceeding Rs 100,000 as part of a new bail...
IMF criticises Pak Finance Ministry declaration that all targets have been achievedIMF expresses displeasure over Pakistan's premature claims of meeting benchmarks. IMF team in Islamabad for review, discussing mini budget,...
US to evaluate Pakistan's bailout request on meritThe spokesperson was responding to a question on the request made by Pakistan for a USD 8 bailout package.
Tax consultants getting frantic calls for bailoutThe sudden announcement demonetising Rs 500 and Rs 1,000 notes left them rattled, some wanted to know what they should do with the cash lef...
Greeks are now panic buying ovens and refrigerators over fears of banks collapsingAny new currency that's installed would be worth much less than the euro, meaning debts taken out in euros would be much harder to pay back.
- Portugal sees third year of recession in 2013 budget
Portugal's government on Monday announced sweeping tax rises and spending cuts in its 2013 budget, which promises a third year of recession...
- Why the European bailout is set to fail
Countries may be unable to escape a toxic combo of low growth & high funding costs
- Why the European bailout is set to fail
Forecasts are predicated on "aspirational" growth of 2-3%. Moody's Investor Services cut Ireland's debt rating by five notches, with a nega...
- Regulation to keep banks off bailout tax
As differences are likely to resurface over the proposed bank tax at the forthcoming G-20 Summit in Toronto, the Finance Ministry has said ...
- Bailout firms pay nearly all back taxes owed to US
Companies receiving money from govt's Wall St bailout have repaid almost all $531 mn in unpaid federal taxes they owed. How Europe crisis a...
- Bank taxation not a solution: Pranab Mukherjee
India is not keen on any tax on banks to fund future bailouts, but is all for better regulation, finance minister Pranab Mukherjee told ET ...
- No bailout for private companies
This means that even if a co fails due to sheer economic reasons, the govt won’t extend bailout package. Weekly Gainers: BSE (A, B), NSE | ...
- US budget deficit swells after financial bailout
Just one month into the fiscal year, the US federal budget deficit already has reached USD 232 billion, according to estimates released.
- US budget deficit swells after financial bailout
Just one month into the fiscal year, the US federal budget deficit already has reached $232 billion, according to estimates released on Fri...
- Anti-bailout petitions crop up online
As US politicians wrangle in Washington over a financial rescue package for Wall Street, angry denizens of cyberspace are making their view...