The greatest sporting event

-

 Draft

Comments

Post a Comment

Popular posts from this blog

Finance and football: An ISL and Chennaiyin FC view

-
Image
At a time when we have all been away from the normal life and for sports fans who have been starved of any sporting events happening across the world, it is a right time to learn some behind the scenes of our beloved sports teams, have to narrow it to football for now, there is a little bit of cricketing stuff too, but for now let's call it the breakdown of Indian football clubs, the funding, the revenue, the expenditure and achieving sustainability. As I say Indian football clubs, we are mainly going to see it revolve around the Indian Super League - the young, fancy and soon to be the Tier 1 of Indian football system. Because not only very few care about the soon-to-be Tier 2 I-League clubs anymore but the ISL is on a whole different level to the I-League, it demands higher things, the best example would be the case of Bengaluru FC, the club had expenses shot up from Rs. 15 crore while in I-League to around Rs. 50 crore in the ISL, that's the differential ISL demands...
Read more

The significance of the global minimum corporate tax rate

-
Image
Read time: 5 mins; Word count: 1020 The introduction of a global minimum corporate tax rate is probably the second best thing to happen in 2021 after mass Covid vaccination. Here is the why, what, when and how of the matter: Why is this needed? Although almost all countries have a corporate tax rate, there are plenty of loopholes that large corporations take advantage of, especially by using tax-havens (Tax-havens are countries such as the Cayman Islands, Mauritius, Luxembourg etc. where they charge a very low or nil tax rate, therefore Companies set up their headquarters in these countries despite making their money elsewhere, thereby paying very low tax in that tax haven and robbing the countries that made this money for them of their tax revenue) . Sounds very unfair? Isn't it? But it is just aggressive tax planning and therefore perfectly legal to do so. Because no one can stop a company from setting up their base in another country but also taxing them in both countries would ...
Read more

Why we sleep? (Book review)

-
Image
  "Scientists have discovered a revolutionary new treatment that makes you live longer. It enhances your memory and makes you more creative. It makes you look more attractive. It keeps you slim and lowers food cravings. It protects you from cancer and dementia. It wards off colds and flu. It lowers your risk of heart attacks and stroke, not to mention diabetes. You'll even feel happier, less depressed, and less anxious. Are you interested?" And that's the opening to Chapter 6 of the book "Why we sleep" by neuroscientist Matthew Walker, and yes, by now you would have known, the revolutionary treatment is none other than a good night's sleep of 8 hours, every day . And everything that is mentioned in that para is backed by several scientific research. The book is a big eye-opener to anyone who reads it since the concept of sleep has always been a mystery to humans on why we sleep, why can't we just adapt to fewer hours of sleep, isn't sleep a waste...
Read more