[ad_1] The new minimum tax on income that very large corporations report to their shareholders is the revenue focus of the recently enacted Inflation Reduction Act (IRA). But the levy more than promises to raise more than $200 billion in new revenue. It also raises profound questions about the nature of corporate accounting and tax policy in an age of rapidly evolving commerce. The new law requires companies to have at least $1 billion in annual revenue to pay as much as the regular corporate income tax, or the 15…
Tag: Book
Trading: Blue Chips Trading Below Book Value on Your Radar? Tick other boxes as well
[ad_1] Mumbai: Looking for investors Market Some of the stocks you can consider for potential winners are Business at or less than the actual value of companies, analysts said. on out of stock NSE500 After the sell-off in the market, the index, 80 is currently trading below its book value. Moreover, 40 shares of NSE500 are currently trading in a price-to-book (PB) ratio between 1 to 1.5 times. one in bear market Or the corporate earnings downgrade cycle, many analysts overestimate the PB ratio when evaluating companies. Analysts say that…
Delhi World Book Fair: A Fair Like No Other
[ad_1] Thomas Abraham It is that time of the year again in Delhi when publishers, distributors and retailers are rushing around to get everything right from the point of sale to the stock. This is the World Book Fair (WBF), which comes once in every two years spread over the huge halls of Pragati Maidan. This is the 20th edition of the fair, and though there are look-alike people across the country, it is undoubtedly the mother of them all. In the 1980s and 90s, the Kolkata Book Fair was…