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Colombia tax reform to target high-earners, says incoming agency head
BOGOTA, July 14 (Reuters) – A tax reform proposed by Colombia’s President-elect Gustavo Petro will raise $10.9 billion annually by using a progressive income tax, the elimination of enterprise exemptions, and tackling evasion, his incoming tax agency head said on Thursday. Petro, a leftist who will take office subsequent thirty day period on guarantees of generous social systems, this 7 days named 38-12 months-aged economics professor Luis Carlos Reyes to head the DIAN tax and customs agency. Reyes will be tasked with employing the 50-trillion-peso reform need to it go congress, wherever Petro has built a broad coalition of leftist functions and the centrist Liberals. Register now for Free of…
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incoming ISRO chief S Somanath
Thiruvananthapuram: The Indian room sector requirements to be made to offer enterprise options for private gamers and changes are essential in the Indian house programme by holding in brain the demands of long run generations, S Somanath, who was appointed as ISRO chairman, explained on Wednesday. Somanath, who is presently the Director of Vikram Sarabhai Room Centre (VSSC), was appointed as Secretary of the Section of Area and the Chairman of the Room Commission which tends to make him the head of the Indian Room Analysis Organisation (ISRO). Speaking to reporters right here about his views about the long run direction of the place programme/sector of the place, he stated…