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India removes tax benefit for $150b debt fund industry

BLOOMBERG India’s parliament removed a tax concession for debt funds, stirring concern in the mutual fund industry that the measure would turn away investors. Holders of some bond funds will no longer be able to apply a long-term capital gains tax rate, according to a finance bill amendment. Instead, they’ll have to pay based on their own income tax rate, ...

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Apple CEO stresses relations with China at Beijing event

BLOOMBERG Apple Inc Chief Executive Officer Tim Cook returned to China to attend the high-profile China Development Forum to celebrate the iPhonemaker’s ties to the region even as tensions grow between Beijing and Washington. Apple and China have grown together, Cook said during an onstage discussion on technology and education at the state-sponsored showcase. He highlighted the company’s concerns about ...

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Hale Education wraps up its most successful Early Admissions Cycle to date

DUBAI / GULF TIME For over a decade, Hale has helped over 1,500 UAE students achieve their fullest potential through acceptances to over 175 US and Canadian universities, including all eight Ivy League universities, and secure nearly $50 million in scholarships. The Class of 2023 began the academic year with a mixed bag of emotions brimming with anxiety, anticipation, and ...

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