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Новости за 09.07.2024

The impact of India's 1% TDS on Virtual Digital Assets: A call for reform

Economictimes.indiatimes.com 

India's 1% TDS and 30% tax on VDAs led to a 97% trading volume drop, 81% user decline, and migration to offshore exchanges. NALSAR and Meyappan Nagappan report tax losses and suggest reducing TDS to 0.01%, allowing loss offset, and revising the 30% tax rate. Current tax policy hampers India's digital economy and causes brain drain.

Speculators Slightly Reduce Net Long Position In US Dollar Index

Business Standard 

Large currency market speculators in the US dollar futures slightly reduced their net long position but still hovering near a six month high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 16582 contracts in the data reported through July 02, 2024, still staying at its highest level since December 2023. Читать дальше...

Telia pays out record €81 million in dividends

Err.ee (en) 

Swedish-owned Telia, the market leader in the Estonian telecoms sector, is to pay out a record €80.9 million in dividends from 2023 Delfi Ärileht wrote on Tuesday.

CMC contract for LNG Vasiliko likely to be terminated

Cyprus Mail 

The contract between Natural Gas Infrastructure Company (Etyfa) and CPP-Metron Consortium Ltd (CMC Ltd) for the construction of the natural gas liquification plant at Vasiliko is heading towards termination, Energy Minister George Papanastasiou said on Tuesday. Papanastasiou made the announcement at the House energy committee, saying that Etyfa was now looking into other ways to […]