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New Markets Tax Credit Program Once Again Extended, Spurring Continued Economic Growth | Butler Snow LLP


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The New Markets Tax Credit (NMTC) program is a shining light for struggling communities, spurring economic development and producing job growth in low-income communities, many of which are areas that have been hit the hardest during the COVID-19 pandemic. Established by the Community Renewal and Tax Relief Act of 2000, the program has been extended several times since its establishment, with the longest extension in its history effective Dec. 27, 2020 through the Consolidated Appropriations Act. This act included a five-year, $25 billion extension of the NMTC program as defined by section 45D of the Internal Revenue Code. ....

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The future of India does not lie elsewhere


The National Education Policy (NEP) 2020 lays down the path to learning, practising, and building skills and careers that thrive within the country, instead of being lost to ‘brain drain’
Jawaharlal Nehru emphasised that freedom from ignorance was as essential as freedom from hunger. “Only through right education can a better order of society be built,” he said. A right education is one that favours rational thinking, love of learning, cultivation of a scientific temperament, and fostering the spirit of fraternal cooperation. This article will try to examine how the New Education Policy’s (NEP 2020) proposed revamp of the entire education system would tackle the pressing problem of “brain drain” from India. ....

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