BSE Sensex

July 2, 2013 - 3:10pm

NBAA has issued a new resource about the net investment income tax (NIIT), having now fully reviewed the U.S. Treasury Department and IRS regulations on this tax, which was enacted as part of the 2010 healthcare overhaul. Beginning this year, the law imposes a 3.8-percent tax on the investment income of certain individuals, and it will affect many common airplane leasing arrangements, NBAA said.

August 11, 2008 - 9:39am

In one of the highest death tolls from a civil helicopter crash in recent memory, 27 offshore oil workers as well as the crew of a Mil Mi-172 were killed August 11 when the rotorcraft crashed into the sea en route to an oil rig off the western Indian city of Bombay.

 
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