Tourist investments and risks

Tourist investments and risks

A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important addressing the upgrading of staff, food and service. Previous years with the tourist arrivals have been increasing by approximately 8% p.a. and this, coupled with the planning relaxation given by the then Government, … Read more

New debate rules helped Trump, treat big nonprofits like business and other commentary

New debate rules helped Trump, treat big nonprofits like business and other commentary

Debate beat: New Rules Helped Trump “Staged by CNN in an audience-free soundstage in which even competing reporters were banned, the Biden-Trump debate had more ground rules than an Ultimate Fighting match,” grumbles Politico’s Jack Shafer. In advance of the debate, “many assumed that these new rules would hurt Trump” given that “he feeds off live … Read more

Sources of Personal Income, Tax Year 2021

Sources of Personal Income, Tax Year 2021

Sources of Personal Income Tax Returns Data | Tax Foundation Skip to content taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. returns. About 61 percent ($9.0 trillion) consisted of wages and salaries, and … Read more

Israeli forces strap wounded Palestinian to jeep during raid, Reuters confirms

 Israeli army forces strapped a wounded Palestinian man to the hood of a military jeep during an arrest raid in the occupied West Bank city of Jenin on Saturday. A video circulating on social media and verified by Reuters showed a Palestinian resident of Jenin, Mujahed Azmi, on the jeep that passes through two ambulances. … Read more

Sri Lanka: Major Tax Reforms Set to Boost Revenue, IMF Report Reveals

Sri Lanka: Major Tax Reforms Set to Boost Revenue, IMF Report Reveals

Sri Lanka is set to introduce a series of tax changes by next month aimed at increasing government revenue, according to a recent report by the International Monetary Fund (IMF). The report, which follows the IMF’s review of its program with Sri Lanka, outlines several key tax reforms. One of the major changes includes the … Read more

‘Brand-new’ 50-year-old cars decaying in buffer zone (Video)

‘Brand-new’ 50-year-old cars decaying in buffer zone (Video)

Just 39 miles on the clock, trashed cars remain in limbo Eight-year-old Dickran Ouzounian treasured visiting his father Stefan’s garage, located a few metres from the bustling Ledra street, to admire the latest Toyota cars.He was fascinated by the brand-new, gleaming Corollas, Coronas, Crowns and Celicas. Now, 50 years later, as the CEO of the … Read more

Finance minister proposes income tax exemption for freelancers

Finance minister proposes income tax exemption for freelancers

Finance Minister Abul Hasan Mahmood Ali proposed income tax exemption for freelancers in the proposed 2024-25 financial year budget. “As a supporter of building Smart Bangladesh, I propose to exempt from tax the income arising from any of the following business activities of a resident individual or a non-resident Bangladeshi natural person, for three years, on … Read more

Ukrainian Embassy denounces “Russian propaganda” over Zelenskyy casino story

Ukrainian Embassy denounces “Russian propaganda” over Zelenskyy casino story

The Embassy of Ukraine in Cyprus refuted claims that President Zelenskyy owns a casino resort in the occupied north, calling it a lie spread by Russian propaganda. The embassy emphasized that there is no evidence to support the allegations and warned against trusting unreliable sources and manipulations.

Impunity in IDF West Bank killings has “become commonplace,” UN rights office says

Impunity in IDF West Bank killings has “become commonplace,” UN rights office says

More than 500 Palestinians have been killed by Israeli security forces and Jewish settlers in the occupied West Bank since last year’s Israel-Hamas conflict. The United Nations human rights office condemned Israel’s use of force in the territory and the denial of medical aid. Israeli forces have cracked down in the West Bank, making thousands of arrests to prevent escalating violence. UN human rights monitors found violations of international law in the use of force by Israeli security forces, with some Palestinians killed not posing an imminent threat.

No evidence of Zelenskyy link to occupied north casino, President says

No evidence of Zelenskyy link to occupied north casino, President says

Cyprus has investigated allegations that Ukrainian President Volodymyr Zelenskyy was involved in purchasing a casino resort in the occupied north but found no evidence to support the claims. The reports linking Zelenskyy to the offshore firm and the purchase of the Vuni Palace Hotel and Casino in Kyrenia were dismissed as fake news by the Russian “GnidaProject” research institute. The Cyprus Investigative Reporting Network (CIReN) also pointed out that the website used as a source for the allegations was fake, created just days before the claims were made.