Despite fiscal constraints and rising opportunity costs, election campaigns in India remain significantly dominated by promises of freebies, cash transfers and subsidies. Definitional ambiguity: The absence of a standard, universally accepted definition of ‘subsidy’ allows states significant leeway in determining what to include or exclude under that head, highlighting the urgent need for a uniform framework. Of this, ₹27,000 crore …
There’s almost no such thing as a $700-million bargain in baseball. By agreeing to a record-breaking 10-year, $700-million contract with Shohei Ohtani on Saturday, the Dodgers both added a two-time MVP to their star-studded roster and structured the contract — thanks largely to Ohtani’s decision to take an unprecedented amount of deferred money — in a way that should allow …
The Karnataka High Court has quashed the circular issued by the Central Board of Indirect and Customs clarifying that GST is not exempt on the annuity paid for the construction of roads and allowed the Writ Petition filed by the petitioner. As a consideration for the construction and maintenance of the roads for the contract period, the petitioners are paid …
Freddie Freeman’s new six-year, $162-million contract with the Dodgers includes $57 million of deferred money, according to details of the contract filed by the Major League Baseball Players Assn. Freeman will have $7 million deferred from his $27-million base salary for each of the first three years, then $12 million deferred in each of the final three years of the …
In a tweet, late Wednesday, Prime Minister’s Advisor on Finance Abdul Hafeez Shaikh said Saudi Arabia will supply oil to Pakistan worth $3.2 billion per year on deferred payments for three years. Islamabad: Cash-strapped Pakistan will start getting the much-anticipated Saudi Arabian oil on deferred payments from July, Prime Minister Imran Khan’s Advisor on Finance has said. In a tweet, …
