US Economy – Sony Kumar's BLOG

July 26, 2013

The Tax Debate: There is a lot more to an economy than taxes

The OECD recently launched a scheme to combat tax avoidance and evasion related issues from both major multinational corporations and individuals. The initiative called base erosion and profit shifting ( BEPS ) plan was presented to G 20 finance ministers on the 20th of July this year on their request. In short, the BEPS report

The SMEs Bank project – An Idea that could energize the SME sector in a gloomy outlook

In the past few weeks the markets have come to a realization that the developed world is struggling to generate growth and going forward the global growth projections put out by multilateral institutions including of the International Monetary Fund ( IMF ) and the World Bank paints gloomy picture. The growth outlook has been downgraded

Double dip financial crisis all over again?

In the last 48 hours markets across the world have nose-dived and to some it may feel like Déjà vu. Financial crisis all over again and this is an expected market reaction. While the markets are in panic mode I think it is important to look at the bigger picture to get some rationality. The