Corporate Tax Increases: How Business Owners Can Respond

Corporate Tax Increases: How Business Owners Can Respond

This is a guest column from Matt Silasiri, the Marketing & Business Development Manager at Sunbelt Business Advisors.President Biden bowed out of the 2024 Presidential race. But the clock is still ticking on the Trump-era tax cuts. And President Biden’s proposed budget, including substantial tax increases, is still in play.Business owners who are considering a business exit in the … Read more

Bank of Cyprus issues , €300 million green bond — 120 institutional investors express interest

Bank of Cyprus issues , €300 million green bond — 120 institutional investors express interest

The Bank of Cyprus successfully launched and priced €300 million in green senior preferred notes under its EMTN Programme. The notes were priced at par with a fixed coupon of 5% per annum, payable annually until the Optional Redemption Date of May 2, 2028. The notes are expected to comply with the Minimum Requirement for Own Funds and Eligible Liabilities (MREL) criteria, improving the bank’s MREL ratio to 28.36% of risk-weighted assets and 12.73% of Leverage Ratio Exposure.

India’s net direct tax kitty at Rs 19.58 lakh cr, exceeds revised estimates by Rs 13k cr

India's net direct tax kitty at Rs 19.58 lakh cr, exceeds revised estimates by Rs 13k cr

India’s net direct tax collections surged by 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, exceeding the revised estimates by Rs 13,000 crore.

Direct tax collections exceed estimates in FY24; jump 18 pc to Rs 19.58 lakh crore

Direct tax collections exceed estimates in FY24; jump 18 pc to Rs 19.58 lakh crore

India’s net direct tax collections for the fiscal year ended March 2024 surged by 17.7% to Rs 19.58 crore, exceeding both Budget and revised estimates.

Direct tax collections jump by 18 per cent to Rs 19.58 lakh crore, exceeds estimates in FY24

Direct tax collections jump by 18 per cent to Rs 19.58 lakh crore, exceeds estimates in FY24

The gross corporate tax collection (provisional) in FY 2023-24 was up 13.06 per cent to Rs 11.32 lakh crore.

Direct tax collections exceed estimates in FY24; jump 18% to ₹19.58 lakh crore

Direct tax collections exceed estimates in FY24; jump 18% to ₹19.58 lakh crore

The country’s net direct tax collections surged by 17.7% year-on-year to ₹19.58 crore in the fiscal year ended March 2024, exceeding both budget and revised estimates.

Direct tax collection jumps 17.7% in FY24

Direct tax collection jumps 17.7% in FY24

Fact: 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 Budget Estimates by 7.40%.

India’s direct tax collection surges 18% to Rs 19.58 lakh crore, exceeds targets

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.

Direct tax collections exceed estimates in FY24; jump 18% to Rs 19.58 lakh crore

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.