ANI | Jun 18, 2024 07:58 PM IST Share Via Copy Link The increase in both personal income and corporate tax collections points towards a growing corporate sector and higher income levels among individuals. The Ministry of Finance has announced a robust growth in India’s direct tax collections for the financial year 2024-25, with net … Read more
New Delhi: The Central government has so far this year collected ₹4.62 trillion in direct taxes after adjusting for refunds, marking a 20.99% growth annually, the Central Board of Direct Taxes (CBDT) said on Tuesday quoting provisional figures. This includes corporate taxes of ₹1.8 trillion and personal income tax of ₹2.81 trillion. The personal income tax … Read more
Direct tax collections are off to a brisk start in the first quarter of this year, with net taxes rising 21% to almost ₹4.63 lakh crore by June 17, from ₹3.82 lakh crore over the same period a year ago, the Finance Ministry said on Tuesday.Personal Income Tax (PIT) and Securities Transaction Tax (STT) inflows … Read more
There are insinuations concerning the incidence of double taxation being experienced in some quarters by persons or groups within our economy. Those being affected by this menace are seriously lamenting as a result of the repetitive nature of taxes and levies that they have been forced to be exposed to or suffer more than once … Read more
Over the objections of the auditor-general and environmental groups, it was reported on Monday that the government is going ahead with the tenders’ process for the construction of fish farms in the area of Pentakomo.The €34 million project is being run by the Department of Fisheries and Marine Research. Both the auditor-general as well as … Read more
Invest Cyprus recently spotlighted Cyprus’ potential as a major business hub at the prestigious Island Conference and Reflect Festival held in Limassol, both of which took place on May 30-31, with the agency outlining its actions in an announcement released this week. Reflect Festival attracted a vibrant mix of digital marketers, startup enthusiasts, potential investors, … Read more
The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.
NRIs need to pay tax on income that arises in India for the financial year of 2023, which runs from April 1, 2022, to March 31, 2023.
Cyprus has rented six additional aircraft to help combat forest fires, with four planes coming from Australia and two from Latin America.
– A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust.
– The European Commission is ready to help find solutions if there are diverging views and concerns.
– The aid programme supported by the EU paves the way for reunification.
– The Commission would need to undertake a comprehensive assessment of alignment with EU standards.
– The Green Line trade has almost quadrupled in 20 years, reaching over €16 million in 2023.
– The biggest challenge faced by Mario Nava in Cyprus is often to start dialogue on various matters.