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Is it right to tax MPs only on their basic salary, period, under income from other sources?

Jul 04, 2015

Is it right to tax MPs only on their basic salary, period, under income from other sources?

The Lok Sabha Secretariat at last did a bit of soul searching and said since the parliamentarians arent employees, their salary would be taxable as income from other sources. #Economy #HowThisWorks #Lok Sabha #Salary #Pension #Income tax #MPs #Personal finance #Parliamentarians #Income Tax act
Suspected Boko Haram insurgents step up attacks in Nigeria| Reuters

Jul 04, 2015

Suspected Boko Haram insurgents step up attacks in Nigeria| Reuters

MAIDUGURI, Nigeria Suspected Boko Haram insurgents attacked the outskirts of a state capital in northeastern Nigeria on Friday, escalating their attacks after a week of bloodletting in which more than 150 people were killed, military sources said. Heavy gunfire was heard coming from the fringes of Maiduguri, the capital of Bornoa state, for about half an hour on Friday evening. Military sources said insurgents attacked a village on the edge of the city but were repulsed. #Economy #United States #India #Technology #Argentina #Entertainment
Death toll from capsized Philippine ferry rises to 51| Reuters

Jul 04, 2015

Death toll from capsized Philippine ferry rises to 51| Reuters

MANILA The death toll from a capsized Philippine ferry rose to 51 on Friday as rescuers tried to right the overturned vessel and found more bodies, a coast guard official said. The motorised, wooden-hulled boat rolled on its side and overturned minutes after leaving the port of Ormoc City on Thursday. Coast guard Captain Pedro Tinampay said there were 141 survivors. #Economy #United States #India #Middle East #South Korea #markets #United Kingdom
It's official: Greece declared in default ahead of knife-edge referendum

Jul 03, 2015

It's official: Greece declared in default ahead of knife-edge referendum

The news will come as a fresh shock to Greece's 11 million people, and will hang over two major, rival rallies taking place in Athens today seeking to galvanise 'Yes' and 'No' support for Sunday's referendum. #Economy #NewsTracker #Greece #European Financial Stability Facility #European Commission #Jean-Claude Juncker #Alexis Tsipras #Grexit
U.S. probe sees no links among black church fires in South| Reuters

Jul 03, 2015

U.S. probe sees no links among black church fires in South| Reuters

WASHINGTON Federal law enforcement officials have found no links among any of several recent fires at African American churches in the U.S. South and have determined that two were started by natural causes and one was due to an electrical fire. "All of the fires remain under active investigation and federal law enforcement continues to work to determine the cause of all of the fires," Justice Department spokeswoman Melanie Newman said in a statement."To date the investigations have not revealed any potential links between the fires." The investigation into the fires follows the June 17 shootings at a historic African American church in Charleston, South Carolina, in which nine black people were killed and a white man linked to racist views was charged in their deaths #Economy #Middle East #markets #Argentina #Latin America
Divers search for missing after Philippine ferry sinks, 38 dead | Reuters

Jul 03, 2015

Divers search for missing after Philippine ferry sinks, 38 dead | Reuters

MANILA Divers will search waters in the central Philippines on Friday for 15 people still missing after a ferry carrying 187 passengers and crew sank a day earlier, killing 38 people, the coast guard said. #Economy #India #science #markets #United Kingdom #Entertainment #transportation
Afghanistan targets US defence contractors in row over back taxes| Reuters

Jul 03, 2015

Afghanistan targets US defence contractors in row over back taxes| Reuters

KABUL Afghanistan is threatening to crack down on U.S. defence contractors it says owe hundreds of millions of dollars in back taxes, including by freezing their bank accounts and refusing to renew yearly business licences when they expire. The United States disputes some of the payment demands, saying companies were exempt under military agreements in force at the time, and both sides are trying to resolve the dispute before the deadline set in a new deal between the nations. #Economy #Afghanistan #Argentina #Entertainment #opinion
Former Democratic U.S. Senator Webb announces White House campaign| Reuters

Jul 03, 2015

Former Democratic U.S. Senator Webb announces White House campaign| Reuters

WASHINGTON Former U.S. Senator Jim Webb launched a long-shot bid for the Democratic presidential nomination on Thursday, promising to fight the political influence of big-money interests and bring a new approach to solving problems. Webb, 69, who represented Virginia in the U.S #Economy #India #Technology #markets #Latin America #Entertainment
Boko Haram attack in northern Nigeria kills many| Reuters

Jul 03, 2015

Boko Haram attack in northern Nigeria kills many| Reuters

MAIDUGURI, Nigeria Suspected members of Boko Haram killed "dozens" of people late on Wednesday in a town in the northeast Nigerian state of Borno, not far from Lake Chad, a military source said on Thursday. A former local official in the town of Kuawa said many had been killed after the suspected Islamist militants attacked in the early evening #Economy #United States #Technology #Argentina #United Kingdom #opinion