Brazil: Annual income to be adjusted automatically by 4.5% for income tax assessment


The individual’s income will be automatically adjusted by 4.5% for one last time to provide for the inflation in Brazilian economy. The adjustment was first put in place in 2007 and was meant to be used until 2010 but it was further extended by the government till 2014 in the provisional measure 528. This taxContinue reading “Brazil: Annual income to be adjusted automatically by 4.5% for income tax assessment”

US regains top spot in confidence survey on FDI, beats China


US regain top spot as the top executive’s choice for FDI after a gap of 12 years. The reason behind this win for US is considered to have been its recourse towards sustainable and stable economic development in comparison to China. The United States was on fourth place in the same survey conducted in 2012. TheContinue reading “US regains top spot in confidence survey on FDI, beats China”

Millions of people come out in Brazil to protest against government


            (In Pic: People protesting against the spending undertaken by government on building World Cup stadiums instead of allocating it efficiently to areas where it was required more like Health, Education, Housing etc.) Thousands of demonstrators have gathered together in a square in Brazil’s economic hub, Sao Paulo, on Tuesday.Continue reading “Millions of people come out in Brazil to protest against government”

Lindsay Lohan averts wardrobe malfunction in Brazil


Lindsay Lohan barely managed to avoid another controversy concerning her by not letting her wardrobe malfunction to be disastrous. It was all about to hang out of her clothes while she was busy globetrotting. This could have been a second controversy after people saw her wacko hide-and-seek while hiding under the table in a Brazilian club.Continue reading “Lindsay Lohan averts wardrobe malfunction in Brazil”