BoCCF podcast episode on South Mathiatis-Strongylou Mine
Fact: The South Mathiatis-Strongylou Mine in Cyprus is the only mine in the country that has been a UNESCO candidate in the natural and cultural landscape category since 2002.
Economy
Ministers call for collective ocean action ahead of COP29
Delegates attending the inaugural Commonwealth Ocean Ministers Meeting in Cyprus on April 19 have committed to advancing their discussions at upcoming global summits.
New approach needed for maritime hub
Singapore has been declared the world’s premier shipping center in the sixth Leading Maritime Cities survey. Cyprus, specifically Limassol, needs to improve its shipping infrastructure to be included among the top 50 cities in the future. Cyprus has made progress in improving its shipping sector, but more efforts are needed in areas such as research, technology, green transformation, and competitiveness to become a leading maritime center.
The riches in Europe, ’s mountains of metals waste
Fact: Waste from the production of aluminium, nickel, and other industrial materials offers the EU an opportunity to advance its recycling goals.
FY24 Direct Tax Collections Exceed Estimates, Rise 18% To Rs 19.58 Lakh Crore
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Don Wooten: Taxes are dues we pay to be part of this society
The author, Don Wooten, reflects on his attitude towards paying taxes and the importance of contributing to society through taxes. He mentions his belief that taxes are necessary for the common good and expresses a willingness to pay them, despite some frustrations with how tax money is sometimes used.
India’s direct tax collection surges 18% to Rs 19.58 lakh crore, exceeds targets
India’s net direct tax collections for the fiscal year ended March 2024 surged by 17.7 per cent to Rs 19.58 crore, exceeding both Budget and revised estimates.
Workers living in fear of being deported
Fact: A young Bangladesian man who was recently deported from Cyprus had good English and basic Greek skills and had been gainfully employed for years.
Turkish Cypriot economy is not the worst in its history
Fact: Unemployment in Turkish Cyprus fell to 5.1 per cent in 2023, the lowest level since 2004, and the economy experienced a growth of 13.3 per cent in 2022, the fastest pace since the post-Annan Plan referendum period.
Direct tax collections exceed estimates in FY24; jump 18% to Rs 19.58 lakh crore
India’s net direct tax collections surged by 17.7% year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, exceeding both Budget and revised estimates. Gross direct tax collections rose by 18.48% to Rs 23.37 lakh crore, with net proceeds reaching Rs 19.58 lakh crore after accounting for refunds. Refunds totaling Rs 3.79 lakh crore were issued in FY 2023-24, showing an increase of 22.74% over the previous year.