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Global minimum tax: G7 endorses ‘side-by-side’ system replacing top-up levies; US, UK firms exempted

G7 endorses ‘side-by-side’ system replacing top-up levies (Picture credit: ANI) In a landmark development, the Group of Seven (G7) nations have agreed to exempt US-headquartered multinational corporations from key provisions of the global minimum tax agreement under a new “side-by-side” system. British businesses will also benefit from similar relief.As per news agency ANI, the new…

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Dawoodi Bohra leader Syedna Mufaddal Saifuddin’s inaugural Ashara sermon in Chennai invigorates the followers’ faith | Mumbai News

MUMBAI: Syedna Mufaddal Saifuddin, the 53rd leader of the global Dawoodi Bohra community, delivered the inaugural sermon of this year’s Ashara Mubaraka from Saifee Masjid on SMB Street in Chennai.The Syedna began his sermon by reflecting on his father, the late 52nd leader, Syedna Mohammed Burhanuddin’s visit to Chennai for Ashara Mubaraka 50 years ago….

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Rural police use anti-drone guns to pull down illegally flown drones during palkhi processions | Pune News

Pune: The Pune Rural police have deployed two anti-drone guns to take down unauthorised drones during the palkhi processions of Sant Dnyaneshwar Maharaj and Sant Tukaram Maharaj. So far, police have shot down six drones operated by photographers without obtaining the necessary permissions.Confirming, superintendent of police, Pune Rural, Sandeep Singh Gill, said, “We will not…

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Why Bitcoin Is ‘Bad For Dictators’: HRF Executive

A Human Rights Foundation executive told a room full of US politicians that Bitcoin continues to prove itself as a powerful tool against authoritarian control, offering an alternative to the mounting ways fiat currency can be manipulated and controlled. “With Bitcoin, the ability of these leaders to do these things is completely decimated,” Human Rights…

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