President Barack Obama has announced a new tax proposal on 04th May 09 for US multinational companies. The basic idea of Obama’s new tax rule is to close a loophole that allows US firms to avoid paying tax on profits earned from overseas operations in countries like India. In addition, it helps to generate incremental [...]
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Life’s uncertain. You just never know what is going to happen the next second. You might win a lottery, you might bump into the love of your life, or you might lose your job. As much as we love to think that our life is going to full of roses, it isn’t really always so. [...]