Pakistani Court Overturns Murder Conviction in Killing of Wall Street Journal Reporter Daniel Pearl

A Pakistani court overturned the eighteen-yr-previous murder conviction of a British countrywide for killing Wall Road Journal reporter Daniel Pearl and lessened his dying sentence to seven yrs for kidnapping.

Mr. Pearl was murdered in the southern city of Karachi in January 2002 though working on a story about spiritual extremists in Pakistan in the aftermath of the Sept. eleven, 2001, attacks.

The…

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Scrap LTCG, tax on buybacks, dividends: What Street wants amid market gloom

The Avenue is abuzz with calls for doing away with the tax on lengthy-phrase capital gains, share buybacks, and dividend money gained by shareholders as a very last-ditch work to make improvements to the dismal sentiment between market contributors. Many have taken to social media to categorical their demands

Mohandas Pai, previous CEO and board member at Infosys, made a pitch for eradicating the tax on share buybacks. “Investors have missing Rs 35 trillion but lousy tax insurance policies are penalising open up market buybacks of shares by corporations,” he mentioned in a tweet on Wednesday.

Businesses these kinds of as Solar Pharma, Emami, Supreme Petrochem, Thomas Prepare dinner, and SP Apparels have introduced or proposed buybacks a short while ago. This is in the backdrop of a important correction in stock rates around the previous few days. The 20 per cent tax on buybacks introduced in the very last

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