- Widespread mediocrity: Tech-challenged India has lagged in innovation while China is shaking up the world with its advances . . Must watch:
- Digital Tax: Amazon, Flipkart hit as budget slaps digital tax burden on non-resident e-com operators. . . . U.S. lobby group urges India not to tighten foreign e-commerce rules
- Tax on Tejas fighter jet: Govt taxes and levies constitute about 20%, or about Rs 9,000 crore. Effectively, the ministry of finance will be appropriating a large chunk of the defence budget through taxing an indigenous weapons platform.
- K-shaped recovery: Wealth of 100 richest Indians grew by Rs 12,97,822 cr during Covid
- GameStop saga revives calls for a financial transaction tax: “Trading for trading’s sake may be profitable, but it’s not inherently socially desirable”.
- "The truth is, scientists just don't know": The mystery Of India's plummeting Covid-19 cases. . . so, this whole vaccine thing rests on weak foundation not backed by evidence? Who knew!
- Future of education: The future model of education will decouple the twin functions of teaching and evaluating. There will be specialized agencies that don’t teach but only evaluate and certify competency. There is no pass or fail — only a certification of how well you know the subject.
- China’s Comac: If successful, the C919 could rival Boeing and Airbus in the largest aviation market in the world.
A financial transaction tax isn't unreasonable.
— Ro Khanna (@RoKhanna) June 29, 2019
Hong Kong, ranked the world’s freest economy by the Heritage Foundation, has had a 0.1% tax for years.
A small tax on the sale of stocks, bonds, and derivatives would raise billions in revenue. https://t.co/lV3RjFXc6O
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