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Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas military leader, accusing them of war crimes and crimes against humanity. The announcement came as health officials in the Gaza Strip said the death toll from the 13-month-old war between Israel and Hamas has surpassed 44,000. The warrant marked the first time that a sitting leader of a major Western ally has been accused of war crimes and crimes against humanity by a global court of justice. The ICC panel said there were reasonable grounds to believe that both Netanyahu and his ex-defense minister bear responsibility for the war crime of starvation and the crimes against humanity of murder, persecution and other inhumane acts. Israel’s war has caused heavy destruction across Gaza, decimated parts of the territory and driven almost the entire population of 2.3 million people from their homes, leaving most dependent on aid to survive. Israel launched its war in Gaza after Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and abducting another 250 . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Here’s the Latest: WASHINGTON — The White House fundamentally rejects the International Criminal Court’s decision to issue arrest warrants for senior Israeli officials, press secretary Karine Jean-Pierre said Thursday. She said the Biden administration was “deeply concerned by the prosecutor’s rush to seek arrest warrants and the troubling process errors that led to this decision.” The Biden administration has increased its warnings and appeals to Israeli Prime Minister Benjamin Netanyahu to do more to spare civilians in airstrikes and other attacks, and to allow more aid to reach Gaza. However, a 30-day Biden administration deadline came and went earlier this month for Israel to meet specific U.S. targets to improve its treatment of Palestinian civilians in Gaza trapped in the war. U.S. demands included that Israel lift a near-total ban on delivery of aid to hard-hit north Gaza for starving civilians there. KHAN YOUNIS, Gaza Strip — The three children were playing outside a cluster of tents housing displaced people in the Gaza Strip when an Israeli airstrike killed them, along with six other people. It’s become a grim, near-daily ritual more than 13 months into the Israel-Hamas war, which local health authorities said Thursday has killed over 44,000 Palestinians. Israel carries out frequent strikes against what it says are militants hiding in civilian areas, and women and children are nearly always among the dead. Wednesday’s strike killed Hamza al-Qadi, 7, his brother Abdulaziz, 5, and their sister Laila, 4, in a tent camp in the southern city of Khan Younis. Areej al-Qadi, their mother, says they were playing outside when they were killed. “All that’s left of them are their notebooks, their books and a blood-stained jacket,” she said as she broke into tears. “They were children who did nothing.” The Israeli military did not respond to a request for comment on the strike. Gaza’s Health Ministry said Thursday that 44,056 Palestinians have been killed and 104,268 wounded since the start of the war, which was ignited by Hamas’ Oct. 7 attack into Israel. Palestinian militants killed some 1,200 people that day, mostly civilians, and abducted around 250 people. The Health Ministry does not say how many of those killed in Gaza were fighters but says women and children make up more than half the fatalities. Israel, which rarely comments on individual strikes, says it has killed over 17,000 militants, without providing evidence. Hours after the ministry announced the latest toll, the International Criminal Court issued arrest warrants against Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas military leader. Mahmoud bin Hassan, the children’s father, said he buried them on Thursday. He asked when the international community would take action to stop the war. “When the entire Palestinian population has been killed?” he said. NEW YORK — Human Rights Watch applauded the International Criminal Court's arrest warrants issued Thursday against both Israeli and Hamas officials. The warrants “break through the perception that certain individuals are beyond the reach of the law,” the associate international justice director at Human Rights Watch, Balkees Jarrah, said in a statement. The New York-based rights group earlier this month released a report saying Israel has committed war crimes and crimes against humanity in the Gaza Strip, including massive forced displacements that amount to ethnic cleansing. JERUSALEM — Israeli prosecutors have charged a former aide to Prime Minister Benjamin Netanyahu with leaking classified documents to international media, apparently to protect the Israeli leader from criticism as a hostage deal was collapsing. Eli Feldstein, a former media adviser to Netanyahu, was charged Thursday with leaking classified information with the intent of harming state security and obstruction of justice. The leaked documents are said to have formed the basis of a widely discredited article in the London-based Jewish Chronicle — which was later withdrawn — suggesting Hamas planned to spirit hostages out of Gaza through Egypt, and an article in Germany’s Bild newspaper that said Hamas was drawing out the hostage talks as a form of psychological warfare on Israel. Critics say the leaks were aimed at giving Netanyahu political cover as the case-fire talks ground to a halt. Some have accused Netanyahu of resisting a deal in to preserve his governing coalition, which includes hard-line members who have threatened to bring down the government if he makes concessions to Hamas. The leaks came at a time of public uproar over the deaths of six hostages who were killed by their Hamas captors as Israeli soldiers were closing in. The indictment said the leaks were meant “to create media influence on the public discourse in Israel in regards to the handling of the hostage situation, after the news of the murder of six hostages.” The indictment identified two other Netanyahu aides as being connected to the scheme, but only Feldstein and an unidentified reservist in Israeli military intelligence were charged. Netanyahu, who denies the accusations, has not been identified as a suspect in the burgeoning investigation. Israeli media say if convicted, Feldstein could potentially face life in prison. JERUSALEM -- The Israeli military has launched an investigation into the death of a 70-year-old Israeli man who entered Lebanon with Israeli forces and was killed in a Hezbollah ambush. Investigators are trying to determine, among other things, who allowed Zeev Erlich into the combat zone with the forces and why he was permitted to enter. According to Israeli media reports, Erlich was not on active duty when he was shot, but was wearing a military uniform and had a weapon. The army said he was a reservist with the rank of major and identified him as a “fallen soldier” when it announced his death. Erlich was a well-known West Bank settler and researcher of Jewish history. Media reports said Erlich was permitted to enter Lebanon to explore a local archaeological site. The army said a 20-year-old soldier was killed in the same incident, while an officer was badly wounded. The army announced Thursday that the chief of staff, Lt. Gen. Herzi Halevi, has appointed a team of experts “to examine and strengthen operational discipline and military culture” following the incident. It said its commander for northern Israel, Maj. Gen. Ori Gordin, would launch a separate “command inquiry,” while Israeli military police conduct a separate probe. Such investigations can lead to criminal charges. BEIRUT — At least 29 people were killed Thursday in Israeli strikes on different towns and villages across Lebanon, according to Lebanon’s Health Ministry and state-run media. In eastern Lebanon, Israeli airstrikes killed 26 people in six different towns in Baalbek province, the health ministry and the National News Agency said. In Tyre province, southern Lebanon, three people were killed in an Israeli strike, the health ministry said. The health ministry Wednesday said that over 3,550 people have been killed in the 13-month war between Hezbollah and Israel, the majority following Israel’s escalation in late September. The European Union's foreign policy chief has underlined that the arrest warrants issued by the International Criminal Court against Israeli Prime Minister Benjamin Netanyahu and Hamas officials are a legal and not political matter, and that they are binding on all 27 EU member countries and other signatories to the ICC to implement. “The tragedy in Gaza has to stop," Josep Borrell told reporters during a visit to Jordan. “It is not a political decision. It is the decision of an international court of justice, and the decision of the court has to be respected, and implemented.” “This decision is a binding decision on all state parties of the court, which include all members of the European Union," he added. ANKARA — Turkish President Recep Tayyip Erdogan’s ruling partyhas welcomed the decision by the International Criminal Court to issue arrest warrants against Israeli Prime Minister Benjamn Netanyahu and former Defense Minister Yoav Gallant, calling it a judgement made for the sake of “humanity.” Omer Celik, spokesman for the Erdogan’s party, said on the social media platform X that Netanyahu and Gallant would “eventually be held accountable for genocide.” Celik also criticised Israeli officials who described the ICC decision as antisemitic. Turkey is among the most vocal critics of Israel’s military actions in Gaza and has submitted a formal request to join a genocide case that South Africa has filed against Israel at the U.N.’s International Court of Justice. Dutch foreign minister Caspar Veldkamp, whose country hosts the International Criminal Court, has confirmed The Netherlands would arrest Israeli Prime Minister Benjamin Netanyahu if he arrived on Dutch soil. “The line from the government is clear. We are obliged to cooperate with the ICC ... we abide 100% by the Rome Statute,” he said in response to a question in parliament Thursday. Other European officials were more cautious. In France, a spokesman for the Foreign Ministry said he supported the International Criminal Court's prosecutor but declined to comment when asked more specifically if France would arrest Netanyahu if he were to step on French soil. “Today, combating impunity is our priority. We ratified the ICC Statute in 2000 and have consistently supported the court’s actions. Our response will align with these principles,” Christophe Lemoine told reporters at a press conference. Lemoine added that the warrants were “a complex legal issue ... It’s a situation that requires a lot of legal precautions.” In Italy, the foreign and justice ministries didn’t immediately respond to emails seeking comment about whether Italy, an ICC member which hosted the Rome conference that gave birth to the court, would honor the arrest warrant. Premier Giorgia Meloni hosted Prime Minister Benjamin Netanyahu in March 2023 and has strongly supported Israel since Oct. 7, while providing humanitarian aid for Palestinians in Gaza. JERUSALEM — Israel’s mostly ceremonial president, Isaac Herzog, has called the International Criminal Court's arrest warrants against Prime Minister Benjamin Netanyahu “a dark day for justice. A dark day for humanity.” In a post on X, he said the international court “has chosen the side of terror and evil over democracy and freedom, and turned the very system of justice into a human shield for Hamas’ crimes against humanity." Israel Katz, Israel’s new defense minister, said the decision was “a moral disgrace, entirely tainted by antisemitism, and drags the international judicial system to an unprecedented low.” He said it “serves Iran, the head of the snake, and its proxies.” Benny Gantz, a retired general and political rival to Netanyahu, also condemned the decision, saying it showed “moral blindness” and was a “shameful stain of historic proportion that will never be forgotten.” Hamas has welcomed the decision by the International Criminal Court to issue warrants against Israeli President Benjamin Netanyahu and his former defense minister Yoav Gallant, calling it an “important and historic precedent” after what it said was decades of injustice at the hands of a “fascist occupation.” The statement did not refer to the warrants issued for the militant group’s own leaders. Hamas called on all nations to “cooperate with the court in bringing the Zionist war criminals, Netanyahu and Gallant, to justice, and to work immediately to stop the crimes of genocide against innocent civilians in the Gaza Strip.” DEIR AL-BALAH, The Gaza Strip — Bakeries have reopened in the central Gaza Strip after being closed for several days because of flour shortages. The shortages appear to have been linked to the looting of nearly 100 truckloads of aid by armed men in southern Gaza last weekend. Associated Press footage showed a crowd of hundreds pushing and shouting outside a bakery in the central city of Deir al-Balah on Thursday. The day before the reopening, the price of a bag of 15 loaves of pita bread had climbed above $13. “In my house, there is not a morsel of bread, and the children are hungry,” said Sultan Abu Sultan, who was displaced from northern Gaza during the war. The amount of aid entering Gaza plunged in October as Israel launched a major offensive in the isolated north, where experts say famine may be underway . Hunger is widespread across the territory, even in central Gaza where aid groups have more access. Humanitarian organizations say Israeli restrictions, ongoing fighting and the breakdown of law and order make it difficult to deliver assistance. Israel’s offensive, launched after Hamas’ October 2023 attack, has displaced around 90% of Gaza’s population of 2.3 million people. Hundreds of thousands are crammed into tent camps with little in the way of public services and are reliant on international food aid. NICOSIA — The president of Cyprus says the European Union must play a bigger role in the Middle East as it can no longer stand by as an observer. President Nikos Christodoulides said the 27-member bloc needs to establish closer ties with countries that bolster regional stability like Egypt, Jordan and the Gulf states. “The conflict in the Middle East is taking place on the EU’s doorstep, in an area of vital interest to the bloc’s interests, where any escalation or regional spillover will have significant consequences on its security and stability,” Christodoulides told an Economist conference in the Cypriot capital. Christodoulides said EU member Cyprus for years has tried to get this message across to Brussels. The island nation earlier this year was the staging ground for a maritime corridor delivering some 20,000 tons of humanitarian aid to Gaza. The EU is wracked by members’ divisions over how peace should come about in the Middle East THE HAGUE — The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas officials, accusing them of war crimes and crimes against humanity over the war in Gaza and the October 2023 attacks that triggered Israel’s offensive in the Palestinian territory. The decision turns Netanyahu and the others into internationally wanted suspects and is likely to further isolate them and complicate efforts to negotiate a cease-fire to end the 13-month conflict. But its practical implications could be limited since Israel and its major ally, the United States, are not members of the court and several of the Hamas officials have been subsequently killed in the conflict. Netanyahu and other Israeli leaders have previously condemned ICC Chief Prosecutor Karim Khan’s request for the warrants as disgraceful and antisemitic. U.S. President Joe Biden also blasted the prosecutor and expressed support for Israel’s right to defend itself against Hamas. Hamas also slammed the request. The death toll in the Gaza Strip from the 13-month-old war between Israel and Hamas has surpassed 44,000, local health officials said Thursday. The Gaza Health Ministry does not distinguish between civilians and combatants in its count, but it has said that more than half of the fatalities are women and children. The Israeli military says it has killed over 17,000 militants, without providing evidence. The Health Ministry said 44,056 people have been killed and 104,268 wounded since the start of the war. It has said the real toll is higher because thousands of bodies are buried under rubble or in areas that medics cannot access. The war began when Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and abducting another 250 . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Most of the rest were released during a cease-fire last year. Around 90% of Gaza's population of 2.3 million people have been displaced, often multiple times, and hundreds of thousands are living in squalid tent camps with little food, water or basic services. Israel says it tries to avoid harming civilians and blames their deaths on Hamas because the militants operate in residential areas, where they have built tunnels, rocket launchers and other military infrastructure. JERUSALEM — A rocket fired from Lebanon killed a man and wounded two others in northern Israel on Thursday, according to the Magen David Adom rescue service. The service said paramedics found the body of the man in his 30s near a playground in the town of Nahariya, near the border with Lebanon, after a rocket attack on Thursday. Israel meanwhile struck targets in southern Lebanon and several buildings south of Beirut, the Lebanese capital, after warning people to evacuate.
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A judge on Monday rejected a request to block a women’s volleyball team member from playing in a conference tournament on grounds that she is transgender. Monday’s ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to continue competing in the Mountain West Conference women’s championship scheduled for later this week in Las Vegas. The ruling comes after a lawsuit was filed by nine current players who are suing the Mountain West Conference to challenge the league’s policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and neither San Jose State nor the forfeiting teams have confirmed the school has a trans women’s volleyball player. The Associated Press is withholding the player’s name because she has not publicly commented on her gender identity. School officials also have declined an interview request with the player. Judge Crews referred to the athlete as an “alleged transgender” player in his ruling and noted that no defendant disputed that San Jose State rosters a transgender woman volleyball player. He said the players who filed the complaint could have sought relief much earlier, noting that the individual universities had acknowledged that not playing their games against San Jose State this season would result in a forfeit in league standings. He also said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 – making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season’s awareness of her identity among some players, pundits, parents and politicians in a political campaign year. The tournament starts Wednesday and continues Friday and Saturday. San Jose State is seeded second. The judge’s order maintains the seedings and pairings for the tournament. Several teams refused to play against San Jose State during the season, earning losses in the official standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada’s players stated they “refuse to participate in any match that advances injustice against female athletes,” without providing further details. Crews served as a magistrate judge in Colorado’s U.S. District Court for more than five years before President Joe Biden appointed him to serve as a federal judge in January of this year. ____ Gruver reported from Cheyenne, Wyoming, and Hanson from Helena, Montana. Mead Gruver And Amy Beth Hanson (), The Associated Press
Black Friday red flags - how to avoid scams as fraudsters are ready to cash inAs former US President Donald Trump eventually prepares to take office for his second term in the year 2025, questions about his US Presidential salary have already resurfaced. GO Banking Rates reported that according to Article II, Section 1, Clause 7 of the US Constitution , US President- elect Donald Trump will receive an annual salary of $400,000, as determined by Congress. According to GO Banking Rates, in addition to this base salary, the US President is entitled to several allowances that enhance his financial package. These allowances include a $50,000 presidential expense account for personal and professional expenses, a $100,000 travel fund for official travel and an entertainment budget of $19,000 per year for hosting events. Also Read : Do Queen Camilla and Kate Middleton have a tense relationship? Her role in the monarchy may be re-evaluated when William becomes the king Adding on to that, there is a one-time redecorating allowance of $100,000 for the renovation of the White House, asserted GO Banking Rates. During his first term, Donald Trump pledged to donate his salary back to the government and reportedly contributed at least $1.4 million of his earnings to various federal agencies, noted GO Banking Rates. However, questions still remain regarding the donations for the last two quarters of the year 2020. 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According to Article II, Section 1, Clause 7 of the US Constitution, US President- elect Donald Trump will receive an annual salary of $400,000, as determined by Congress. What are allowances that are included in addition to the base salary for Donald trump as the US President? The allowances for Donald Trump as US President include a $50,000 presidential expense account for personal and professional expenses, a $100,000 travel fund for official travel and an entertainment budget of $19,000 per year for hosting events. (You can now subscribe to our Economic Times WhatsApp channel )
MINNEAPOLIS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Rally House, the fastest growing officially licensed sports apparel and merchandise retailer in the nation, announces they have opened their doors to the newest Rally House location in the Twin Cities area with Rally House Maple Grove. Rally House entered the Minnesota market this year with their first location of Rally House Tamarack Village in Woodbury. Now, the company proudly operates five storefront locations throughout the state. Find Rally House in the Maple Grove Crossing shopping mall, between Five Below and Old Navy. Rally House Maple Grove brings high-quality licensed sports gear to the city and surrounding areas just in time for the holiday shopping rush. The company is known for their outrageous product selection featuring well-known brands and exclusive styles. Fans, visitors, and residents of Maple Grove will enjoy shopping local teams including the Vikings, Wild, Timberwolves, United FC, Lynx, and Minnesota Golden Gophers, among others. Shoppers can expect to find top-tier brands such as Tommy Bahama, Cutter & Buck, Starter, Nike, New Era, WEAR by Erin Andrews, and many more. “You won’t find many retailers that are opening new storefront locations the day before Thanksgiving,” says VP of Marketing Strategy, Aaron Johnson. “But Rally House isn’t like other retailers. There was a void in the area for a premier sports merchandise location, and we wanted to make sure we filled that void just in time for the holidays,” added Johnson. Rally House Maple Grove will not only be the go-to location to shop officially licensed team gear, but the company also provides a great selection of locally inspired Minnesota merchandise. This merchandise includes apparel featuring beloved area landmarks and destinations, home décor to show off your love of Minnesota, and even locally sourced food, sauces, and snacks that are staples in the state. No matter who you are shopping for this holiday season, there’s something for everyone on your list at Rally House Maple Grove. The staff at Rally House Maple Grove is eager to assist customers and the company looks forward to further expanding their presence in the state of Minnesota. Customers are invited to visit Rally House Maple Grove store page and follow the company on Instagram ( @rally_house ) and Facebook ( @RallyHouse ) for updates and current store information. About Rally House Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 275+ locations across 23 states. CONTACT: Aaron Johnson, VP of Marketing Strategy media@rallyhouse.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86d7d521-81b0-4c50-94d6-b2db11953187
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Village level politics are believed to have forced an 86-year-old man to end his life, after the Gram Panchayat built a wall cutting off way to his house in Kondareddypally village. Interstingly, the deceased person P Sai Reddy, a former Sarpanch of the village, accused the brothers of Chief Minister A Revanth Reddy of harassing him by getting the wall constrcuted in front of his home to cut off passage to his house. Incidentally, Kondareddypally is the native village of the Chief Minister. The suicide of the octagenarian had political ripples as the letter written Telugu purportedy by Sai Reddy went viral on social media platforms. In the letter, Sai Reddy maintained that he contructed the house and was living in it for the last forty years. A small dried up well in front of the house was filled up and a passage was created to approach the house. “However, the Chief Minister’s brothers bore a grudge against me and got a veterinary hospital constructed in front of my house. Yet, I did not object as they assured (adsbygoogle = window.adsbygoogle || []).push({}); to leave some space next to the hospital for passage to my house,” Sai Reddy said in the note. “After accusing me of having political affiliations, they tried to get a wall constructed cutting off my house. I do not belong to any party and I belong to God’s party. I never thought that approach to my house would be denied like this. Hence, I am committing suicide,” Sai Reddy wrote in the letter which was titled by him as ‘Death Note”. The 86-year-old former sarpanch from Vangur mandal in the district is learnt to have consumed pesticide at Kalwakurthy and collapsed near auto stand around 5.30 p.m. After noticing him, passersby rushed him to the government hospital in Kalwakurthy where doctors declared that he was dead. After the incident, Kondareddypally residents were panicked. Despite media persons and others trying to enquire about the reasons behind Sai Reddy’s death, his family members, including his brother Madhava Reddy, did not share any details.
Syria latest: Syrians celebrate in the streets as Russian media says Assad has arrived in MoscowDaily Post Nigeria Tinubu’s tax reforms favourable to all states — Former FIRS Chairman Nami Home News Politics Metro Entertainment Sport News Tinubu’s tax reforms favourable to all states — Former FIRS Chairman Nami Published on November 25, 2024 By Ogaga Ariemu The former Executive Chairman of the Federal Inland Revenue Service FIRS, Muhammad Nami, has explained why President Bola Ahmed Tinubu’s tax reform bills are favourable to all states in Nigeria. Nami disclosed this on Monday through his official Facebook account, expressing his opinion on the bills. This comes as the tax reform bills are currently being considered by the National Assembly amid controversies. DAILY POST recalls that on October 3, 2024, President Tinubu passed four tax reform bills, including the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill to the National Assembly. However, the bills have faced stiff opposition from the Northern Governors Forum and the National Economic Council, among others, over the proposed value-added tax derivation model. Providing further clarity to the debate, Nami said the Tax Administration Bill emphasises fairness and more equitable distribution of VAT returns. According to him, the new rule will ensure that places where consumption took place get 60 per cent of the amounts reported for them. He said this means that the outcome of the proposed bills will be more favourable for most states when compared to the current regime that favours Lagos, Rivers, and the Federal Capital Territory. He therefore appealed to NEC, NGF, and other stakeholders to accept the bills on the basis that it would bring wealth redistribution in the country. “The present controversy is based on the VAT sharing formula proposed in Section 77 of the Nigeria Tax Administration Bill. I have come to appreciate that the myriad of criticisms against this well-intended bill may be as a result of the lack of clarity or understanding of Section 22 (12) of the bill, which provides for the attribution of VAT revenue, requiring companies to file their returns on the basis of derivation by location (place of consumption). “This provision, from my understanding, was included to cure an existing problem with our current VAT administration. As it stands today, in the existing system, VAT returns by companies are not filed on the basis of the place of consumption but reported based on the head office locations of these companies. This means that a whopping 20% of VAT returns are distributed back to states where these head offices are located—whether consumption took place there or not; it explains why Lagos, FCT, and Rivers always take the largest chunk of VAT under the current regime. “The proposed amendments of the Nigeria Tax Administration Bill offer a different position that emphasises fairness and more equitable distribution of VAT returns. It proposes that VAT will now be reported based on the place of consumption, which will ensure that most of the amounts currently reported for Lagos, FCT, and Rivers states will now be reported by where the consumption takes place. “The new rule will ensure that places where consumption took place get 60% of the amounts reported for them. For instance, if consumption happens in Niger State, the state would receive 60% of the VAT generated from its jurisdiction, while the balance would be put in a VAT sharing pool, which it (Niger State) would further benefit from. “In my view, this will result in a more favourable outcome for most states when compared to the current regime that favours Lagos, Rivers, and FCT. It will more or less redistribute most of the present allocation received by those three states.” DAILY POST reported earlier that Nigerian economists backed the bills on the ground that they will boost the country’s revenue generation and broaden the tax base. Related Topics: FIRS Nami Tinubu Don't Miss Madagali people of northern Adamawa seek first-class chiefdom You may like FIRS, Customs, NNPCL, other agencies exceed 2024 revenue target Tinubu didn’t seek NASS approval for N150m presidential jet — Abaribe ‘Releasing Nnamdi Kanu will make you hero’ – Ohanaeze chieftain writes Tinubu Improved funding for National Space Programme fundamental to economic wellbeing – Tinubu to NASS Umahi explains why President Tinubu prioritises legacy projects Tinubu: Northern youths give ACF 7 days to lift suspension on chairman, Osuman Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media LtdToby Fournier powers No. 8 Duke over Virginia Tech 81-59
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FORT WORTH, Texas (AP) — Wade Taylor IV scored 19 points, Zhuric Phelps hit a go-ahead 3-pointer during an 11-0 run and finished with 12 points, and 22nd-ranked Texas A&M beat Texas Tech 72-67 on Sunday in the first meeting of the former conference rivals since 2012. Phelps' 3 with 7 1/2 minutes left made it 54-52 and put the Aggies (8-2) ahead to stay. His step-back jumper after hard contact with Tech's Kevin Overton capped the game-turning spurt. Jace Carter scored 13 of his 16 points in the first half as Texas A&M won its fourth straight game. Chance McMillian had 23 points with five 3s for Tech (7-2). Overton scored 14 of his 17 points before halftime, when he hit four 3s. Texas Tech played its second game in a row without leading scorer and rebounder JT Toppin (18.6 ppg/11 rpg) because of what the school said is a lower-body injury for the 6-foot-9 forward. Texas A&M made all eight of its free throws in the final 27 seconds, four by Taylor, while Tech made three 3s in the final minute. Texas A&M led 23-12 in the first half on a 3-pointer by Carter, that opened a 45-second exchange of two 3s each by he and Overton. The second 3 by Overton started a 9-0 run that got the Red Raiders within 26-24. The Aggies and Red Raiders played at least twice annually between 1958-2012 while members of the old Southwest Conference and then the original Big 12 before Texas A&M went to the SEC. Their first non-conference meeting since 1953 was at Dickies Arena, a neutral site. Texas A&M plays No. 8 Purdue in Indianapolis on Sunday. Texas Tech hosts Oral Roberts on Dec. 16. Get poll alerts and updates on the AP Top 25 all season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball