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Sri Lanka Has An IMF Deal, Now Seeking Debt Relief From China And India

Spending cuts, tax hikes and debt write-downs are a common formula for bankrupt countries, but crisis veterans say there are some uniquely difficult elements here By Marc Jones and Uditha JayasingheLONDON/COLOMBO (Reuters) -Sri Lankas International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but far-from-stable politics.

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The clarification is part of a set of guidelines issued by CBDT on the new TDS provision introduced in the Finance Act this year on benefits or perquisites NEW DELHI : One time settlement or waiver of loan will not lead to a liability on the bank to deduct tax at source and pay to the government although such relief is in the nature of an income to the .

Loan settlement does not attract TDS liability on banks: CBDT

Gireesh Chandra Prasad



CTLT earnings call for the period ending June 30, 2022. Image source: The Motley Fool.Catalent(CTLT -7.44%)Q42022 Earnings CallAug 29, 2022, 8:15 a.m. ETContents:Prepared RemarksQuestions and AnswersCall Participants.

Catalent (CTLT) Q4 2022 Earnings Call Transcript

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Due to his classic barnet, Emmitt Bailey, an eight-year-old from Wisconsin, was named the winner of the Kids Mullet Championships and received a hefty 2,200 prize. A mullet is a way of life, not just a hairdo. Emmitt Bailey, an eight-year-old, believes that, at least. He just won the childrens section of the USA Mullet Championships,emonstrating his expertis.

Eight-year-old Emmitt Bailey wins 2022 USA Kids Mullet Championship

ET Spotlight Special



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By Clare Jim HONG KONG (Reuters) - An offshore bondholders' group ofash-strapped Kaisa is offering up to USD2 billion to acquire stalled housing projects of the Shenzhen-based developer to facilitate theirompletion, two people with direct knowledge o The takeover talks are in early stages, according to the people, who declined to be named as they were not authorised to speak to the media on this subject.If successful, it would be the first fore.

Exclusive-Kaisa offshore creditors offer USD2 billion to take over stalled projects sources

Reuters



Federal Reserve Chair Jerome Powell delivered an addresshis morning athe central banks annual Jackson Hole meeting in which he warned ofightening policies for someime. Risk markets Key TakeawaysFed Chair Jerome Powell spoke brieflyhis morning in Jackson Hole, Wyo.odayo addressaming inflation.While he welcomed Julys more positive CPI numbers, he said .

Into the Night: Markets Tremble as Powell Warns of Pain Ahead

Jacob Oliver



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