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Taxman seeks to invoke GAAR against Jane Street
economictimes_indiatimes60d ago

Taxman seeks to invoke GAAR against Jane Street

Jane Street case: It has been suggested that the profit recorded by the group during the period reviewed by the Securities & Exchange Board of India (Sebi) should be liable to be taxed in India as capital gains.

#STOCKS
Macau hotel rips up its trademark gold bricks from lobby, sells for US$13 million
hongkongfp60d ago

Macau hotel rips up its trademark gold bricks from lobby, sells for US$13 million

The Grand Emperor Hotel in Macau said it had ripped up the real gold bricks from its distinctive lobby floor and sold them for around US$13 million, cashing in on the metal’s market surge. Opened in 2006 in the semi-autonomous casino city, the hotel was known for its opulent “golden pathway”, showcasing dozens of one-kilogram [...]

#COMMODITIES#ECONOMY
Choose your crisis, Congress: Six paths to fiscal disaster
tdtnews60d ago

Choose your crisis, Congress: Six paths to fiscal disaster

As the national debt is a few months from reaching $39 trillion, and perhaps $40 trillion by the end of this year, it is puzzling how unperturbed the political class is. Or perhaps not. Writer and political agitator Upton Sinclair...

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