finance
Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.
What Is TCS Tax-Tax Collected At Source-Section 206C(1H)
What Is TCS Tax or Tax Collected at Source Full form of TCS Tax is Tax Collected at Source. By this time you might have already known this. The Govt. of India vide Finance Act 2020, has introduced two new provisions of Tax Collected at Source effective from 01.10.2020.
By Arthik Disha5 years ago in The Swamp
Work and Pensions Secretary, Therese Coffey: Bracing For a Large Number of Unemployed.
Therese Coffey became the DWP Secretary under Boris Johnson when he became UK Prime Minister. Of all the jobs to do in the cabinet, it is in many ways, like drinking a poison chalice. In that job, you oversee, one of the biggest departments in government.
By Nicholas Bishop5 years ago in The Swamp
International Monetary Fund-Objectives & Functions
International Monetary Fund-How Does It Work? Many occasions we read in Newspapers or in different journals regarding the International Monetary Fund. IMF has done this, IMF has done that and many more. But many of us don’t know Who actually IMF is and what does it actually do.
By Arthik Disha5 years ago in The Swamp
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Applicability of IFRS in India What and Why IFRS? International Financial Reporting Standards (IFRS), is a set of guidelines established by the International Accounting Standards Board (IASB). The IFRS lays certain general rules to make the financial statements of every company uniform, clear and identical around the globe. IFRS stipulates how companies should preserve and record their accounts specify the transactions and other proceedings under the financial influences.
By radhika gs5 years ago in The Swamp
HERE’S WHERE FANNIE MAE’S CAPITAL RULE WILL BE FINALIZED AT (NOT 4 PERCENT)
Since the Federal Housing Finance Agency proposed the capital rule for Fannie Mae and Freddie Mac at 4%, the housing finance market has been in an uproar. Numerous experts have come forward and said that it’s too high.
By Jacob Wolinsky6 years ago in The Swamp
WHY THE CAPITAL RULE MAY PREVENT AN OFFERING FROM FANNIE MAE, FREDDIE MAC
Fannie Mae and Freddie Mac have now officially said that they oppose the capital rule proposed by the Federal Housing Finance Agency. The government-sponsored enterprises agreed with critics of the rule who said the capital rule would increase costs for borrowers.
By Jacob Wolinsky6 years ago in The Swamp
UK Enters Deepest Recession In History
It has been revealed that the UK has entered the deepest recession in it's history following two consecutive quarters of negative economic growth. This was further exacerbated following the period of time that the country spent in lock down due to the Covid 19 pandemic. The government is only now starting to try and ease lock down measures and avoid a second spike in the virus which it is feared could cause measures to be tightened again.
By Ashish Prabhu6 years ago in The Swamp
Michigan, Where Do Our Tax Payments Actually Go?
I have had a lot of questions about taxes lately. So, I reviewed the State of Michigan’s Annual Financial Report prepared by the State Budget Office in comparison with the Budget Briefing: State Tax Revenue Overview which was prepared by the House Fiscal Agency. I did not like what I found.
By Amanda Spradlin6 years ago in The Swamp
The $600 Federal weekly Unemployment Payments ends July 31; Republican Senators wants it to expire but Democrats in House have passed an Extension Bill
The unemployment benefits provided to anyone out of work because of Coronavirus Pandemic is ending last day of July, 2020. But with the resurgence of Coronavirus across the United States, there is a possibility that the unemployment payments may continue if Democrats have their way. Over 21 million Americans are collecting the $600 weekly payments from the federal government in addition to state unemployment payment.
By Paul Oranika6 years ago in The Swamp
