While it is expected that most of the franchises will send their recce teams to the UAE to check out the facilities as well as the bio-secure environment that can be created, there are concerns that remain, including accommodation plan and catering services. … [Read more...] about IPL governing council meeting likely on August 2
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Why did this happen? The U.S. Treasury Department and the Internal Revenue Service announced back in mid-March that the deadline was extended, because of the COVID-19 outbreak. People who live and work outside the U.S. usually have to meet a June 15 deadline, but that’s also delayed until July 15. … [Read more...] about 7 things to know about the IRS tax deadline on Wednesday
States, which are incurring huge expenses to battle coronavirus, assist migrants and also those who lost jobs, have been facing a severe resource crunch and therefore have been repeatedly asking the Centre to release their pending compensation. Will the Council now increase the compensation cess or its ambit to include more goods and services? Find out in this edition of Big Story. … [Read more...] about Big Story | Will GST Council raise rates to compensate states?
For insurers, this will act as a reference guide for approving treatment expenses. “Earlier, hospitals were charging rates with wide variations. Insurers were confused as to what is payable and what is not. As per policy terms, personal protection equipment (PPE) kits are actually not payable. However, we later took a call to pay for these expenses. However, there was no uniformity across insurers,” says Bhaskar Nerukar, Head, Health Claims, Bajaj Allianz General Insurance. Now, a consensus has emerged that PPE expenses should be settled, given how critical they are to the treatment procedures. … [Read more...] about COVID-19 claims: General Insurance Council’s tariff card explained
Even then, some billionaires, like Bezos, could be subject to the tax, because they are in fact worth more today than they were when the markets began tanking. But many more of the 467 billionaires would show no gains, and the proceeds of the tax would be far less. … [Read more...] about Bernie wants to tax billionaires for COVID-19 gains. But his data are faulty