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.
government
Christodoulides: We cannot accept any more Syrian refugees
Cyprus cannot accept any more Syrian refugees.
Many prisoners go years without touching a smartphone
Prison populations are getting older worldwide for various reasons, including general population aging and trends towards people entering prison at an older age or staying in for longer.
Direct tax collections up 18% in FY24, top revised budget estimate
Government’s net direct tax collections for the financial year 2023-24 grew by 17.7% year-on-year to Rs 19.58 lakh crore, exceeding the revised estimate by 0.67%. Refunds for the year stood at Rs 3.79 lakh crore, an increase of 22.74% over the previous year.
Direct tax collections exceed revised estimates by ₹13,000 cr
The government received over ₹19.58 lakh crore through direct taxes in fiscal year 2023-24, exceeding both budget estimates and revised estimates.
India’s Direct Tax Collections Surge
India’s net direct tax mop-up surged by 17.7% year-on-year to Rs 19.58 crore in the fiscal year ended March 2024.
Direct tax collection increases by 17.7% to Rs 19.58 crore in FY24
India’s net direct tax collections increased by 17.7% year over year to Rs 19.58 crore in the fiscal year that ended in March 2024, surpassing revised projections and budget estimates.
House passes $95 billion Ukraine, Israel aid package, sends to Senate
The U.S. House of Representatives passed a billion legislative package providing security assistance to Ukraine, Israel, and Taiwan with bipartisan support. The bill now moves to the Senate, where it is expected to be considered next week. The legislation includes funding for conflict in Ukraine, humanitarian needs in Israel, and support for Taiwan. Ukrainian President Volodymyr Zelenskiy expressed gratitude for the aid, stating it will prevent the war from expanding and save lives. President Biden urged Congress to approve the aid, emphasizing the urgency of the situation. Despite some opposition, the bill passed with strong support.
UK fintechs ask government for help to ease capital shortages
Leaders of the UK’s financial technology industry are urging the British government to increase tax relief and help them raise more investment, as some executives warn a shortage of domestic investors is holding back the sector.
Our View: The sterile practice of using Cyprus, ’ EU membership to punish Turkey
President Nikos Christodoulides expressed his satisfaction that his objective of linking EU-Turkey relations with the Cyprus issue was achieved at the special meeting of the European Council.