Maharashtra Tourism Minister Aaditya Thackeray had earlier said shops, malls and eateries in non-residential areas of Mumbai will have the option of remaining open 24x7 from January 26 under the nightlife project, although it will not be made compulsory. Aaditya, son of Chief Minister and Shiv Sena president Uddhav Thackeray, is said to be the prime mover behind this project. … [Read more...] about Final decision on keeping Mumbai’s malls, shops open 24X7 to be taken on January 22
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With the change surcharge, the effective tax rate of such special rate of taxes also increases. For instance, a taxpayer with an income of more than Rs 5 crore may have to pay long-term capital gains at the rate of 28.496 percent as against the erstwhile rate of 23.92 percent. Such enhanced rates can dilute the intent of having special rate of taxes and does not rationalise the burden of the high-income taxpayers. … [Read more...] about Budget 2020: Should there be a rethink on super-rich tax?
Let’s not forget Federer, 38; he leads the race of grand slam titles with his stack of 20. “I'm sure if he could win one more; he'd be thrilled. How much longer can he play, at almost 38-and-a-half? This year, maybe possibly one more year? So I'm assuming he's thinking his best chance is at Wimbledon, but he's won Australia two or three times in the last four years, so it's not like he's not comfortable down there,” said McEnroe. The fact that he is well-rested (Djokovic and Nadal have already played a week of gruelling tennis this year so far), said McEnroe, helps his cause. Of course, if Nadal wins the AO 2020, he will equal Federer’s tally of 20 Slam wins. But with 16 Slam titles already, Djokovic is hot on their heels. … [Read more...] about Australian Open: Serena’s record pursuit and an aging Federer’s search for crowning glory