Entrepreneurs’ tax break fails to boost investment, finds IFS

Sajid Javid has been told that low rates of capital gains tax give an unfair advantage and fail to boost investment. Photograph: Tolga Akmen/AFP via Getty Images The chancellor, Sajid Javid, has been told by Britain’s foremost tax and spending thinktank that tax breaks for business owners give the rich an unfair advantage and fail to boost investment in the UK. Before Javid’s first budget next month, the Institute for Fiscal Studies (IFS) said low rates of capital gains tax on business income did not encourage companies to invest more in the…

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Mental health days for students: An increasingly accepted reason to stay home from school

Public school students would be allowed to cite the need for a mental health day as an excuse to miss school, under a bill filed in the Florida Legislature for the 2020 session. The proposal is part of a growing movement in multiple states aimed at improving students’ mental well-being. Rep. Susan Valdes, D-Tampa, says she wants to elevate mental and behavior health issues to the same level as the flu, colds and dental appointments as a legitimate reason for students to call in sick. “It is time for us to take mental…

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TVS Motor launches racing gear and lifestyle products

Chennai-based TVS Motor Co, today at its maiden annual event for racing enthusiasts – MotoSoul 2019 launched the TVS Racing performance gear. MotoSoul 2019, a two-day event, was attended by over 2,500 people, is a congregation of Apache Owners Groups (AOGs) as well as riding enthusiasts from across the globe, which the company says makes it an ideal platform to launch the TVS Racing performance gear. The company says MotoSoul will be an annual event with this year being the first edition. Speaking at the launch, Sudarshan Venu, joint MD, TVS…

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Tracking behaviors is the first step to lifestyle hacking

As the medical community increasingly researches the dangers of screen time, many Americans say they are looking to unplug and engage in digital detoxes. However, Chris Dancy, health and wellness consultant and author of “The World’s Most Connected Human,” tapped into digital devices to hack his unhealthy behaviors. “About 12 years ago I was 320 pounds, I smoked 2 packs of cigarettes a day, I had been on antidepressants since I was 18 and I was about to turn 40. I drank 36 cans of diet coke a day and things were…

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Spanish Justice Divided In Glovo’s Business Model

MADRID, SPAIN – JULY 29: A rider of Glovo on his motorbike on July 29, 2019 in Madrid, Spain. (Photo by Eduardo Parra/Europa Press via Getty Images) EUROPA PRESS VIA GETTY IMAGES The Superior Court of Justice of Madrid (TSJM) has ruled that a deliveryman of the Spanish start-up Glovo is not a false self-employed. The ruling equals the number of sentences endorsing Glovo’s business model with the number of sentences in favor of the ‘riders’. The Spanish start-up, founded in Barcelona four years ago, has become an international platform…

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Amid falling interest rates on FDs, these 4 investment options offer up to 8.6% interest rate

New Delhi: The Reserve Bank of India has cut the repo rate for the fifth time in a row to give a further boost to consumption and private investment in a bid to revive growth as inflation remained within the central bank’s comfort level. The RBI cut the repo rate by 25 basis points to 5.15%. Following the suit, banks have cut interest rates on loans and fixed deposits (FDs). A fixed deposit is among the most preferred investment option among senior citizens and retirees. State Bank of India (SBI), the…

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