NRIs: Are you filing income tax returns of 2023 in India? Know this!

NRIs: Are you filing income tax returns of 2023 in India? Know this!

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.

Averof urges restitution for 2013 bank , ‘haircut’ victims

Averof urges restitution for 2013 bank , ‘haircut’ victims

Disy MP Averof Neophytou proposed a legislative amendment to provide partial restitution to those who lost their bank savings in the 2013 ‘haircut’. The Solidarity Fund, which has cash reserves of about €200 million, could immediately pay out €8,000 for every €100,000 lost in the haircut. The Solidarity Fund was initially allocated €55 million in start-up funds and aims to provide relief to legacy Laiki depositors and bank bondholders affected by the 2013 bail-in.