Finance Minister Nirmala Sitharaman is reportedly mulling significant relief for India’s lower-income earners with tax cuts for the first time in seven years. The tax cuts are believed to be part of a consumption-boosting package worth nearly $6 billion in the upcoming Budget, a Bloomberg report has claimed. Related Articles The move will reportedly benefit … Read more
Experts say the proposals for reparations to black descendants of slaves in California, which include subsidized property taxes and expedited business licenses, may be unconstitutional due to violating guarantees of equal treatment of citizens regardless of race.
The board of directors of state-owned asset management company Kedipes decided to make a cash payment of €140 million to the state for the first quarter of 2024. The payment is part of repaying state aid received by the former Cooperative Cyprus Bank. The total amount of cash repayment against state aid now stands at €1.3 billion, and Kedipes maintains a cash reserve of €60 million for financing the ‘Mortgage to Rent’ scheme.