India income tax collection up 17.7pc in 2023-24 to nearly $235bn
Fact: India’s income tax collection increased by 17.7% in the 2023-24 financial year, reaching nearly 5 billion.
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Oil ends week in negative territory, despite tensions
Fact: Despite escalating geopolitical tensions between Israel and Iran, oil prices closed the week lower and are still below recent highs.
Deputy migration minister to be appointed , ‘immediately’
A deputy minister for migration will be appointed immediately by President Nikos Christodoulides. During the latest EU Council session, Christodoulides requested a discussion to redesignate parts of Syria as safe. All new arrivals from Syria will have their asylum applications suspended and will be taken to camps without the ability to work.
Direct Tax Collections Grow 18 Per Cent To Rs 19.58 Lakh Crore In FY24, Beat Revised Estimates
Fact: The direct tax collections for the 2023-24 fiscal year increased almost 18 per cent against the funds collected in the previous fiscal year.
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.
The stakes and challenges of the European Parliament elections – The battle for first place and seats
The battle for the lead between DISY and AKEL in the European elections is not just about impressions but also about substance. The outcome of the ballot on 9 June will have significant implications for the political landscape. Additionally, the result of the election is crucial for DIKO and its chairman, Nicolas Papadopoulos, who has a personal stake in maintaining the party’s numbers and his role as its regulator. ELAM’s performance remains unpredictable, while EDEK and DIPA are vying for the 5th place and hoping for any losses by larger parties to secure their presence in the European Parliament. The Ecologists are aiming for a strong showing, and the new party Volt is also a factor in this election. Furthermore, three Turkish Cypriots are standing as candidates for the first time, which could impact voter turnout.
Israel: “Netanyahu resign, elections now” – Wave of anger and mass protests
Thousands of people in various Israeli cities protested for the dismissal of Prime Minister Benjamin Netanyahu and the release of hostages held by Hamas. Participants demanded early elections and showed support for the hostages, with some carrying Israeli flags and signs calling for their safe return. Opposition leaders like Yair Lapid and Dan Halutz joined the demonstrations, criticizing Netanyahu’s government and accusing him of prioritizing his rule over the hostages’ return.
Israeli PM Netanyahu says he will fight any sanctions on army battalions
Israeli Prime Minister Benjamin Netanyahu has stated he will oppose any sanctions imposed on Israeli military units for alleged rights violations. The United States is reportedly considering sanctions on Israel’s Netzah Yehuda battalion, which operates in the West Bank. The State Department has not confirmed these reports but has expressed concerns about human rights violations by Israeli military and police units. Netanyahu has vowed to fight against any sanctions on the IDF, while the Israeli military maintains that the battalion operates within the boundaries of international law.
Solving the affordable housing crisis in Cyprus
Fact: The European Investment Bank (EIB) has identified land use regulation as the most important determinant of housing supply with an adverse effect on housing affordability.