sustainable development

Budget 2024: All eyes are now on the Finance Minister. From IT changes to corporate tax tweak, here are key things | Mint

by
Budget 2024: All eyes are now on the Finance Minister. From IT changes to corporate tax tweak, here are key things | Mint

Finance Minister Nirmala Sitharaman will unveil the Union Budget for the financial year 2024-25 at 11 a.m. on Tuesday. This critical document will outline the government’s revenue and expenditure plans, influencing economic growth and stability across the nation. Understanding the budget’s implications for individuals and businesses alike is essential for informed financial decision-making.Also Read | … Read more

Exemption on corporate taxes on income

by
Exemption on corporate taxes on income

The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax, offering exemption on corporate taxes on income from green bond interest and carbon credits.The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax, offering exemption on corporate taxes on income from green bond interest and carbon credits.These … Read more

Ministry proposes exemption on corporate taxes on income from green bond interest and carbon credits

by
Ministry proposes exemption on corporate taxes on income from green bond interest and carbon credits

The proposal aims to protect the environment and promote sustainable development in line with the global trend of using tax policies to incentivise environmentally friendly practices. (Photo courtesy of pace.edu.vn) Hanoi (VNS/VNA) – The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax to encourage environmental protection and sustainable development. These … Read more

Caribbean unionists address corporate tax justice at capacity-building workshop

by
Caribbean unionists address corporate tax justice at capacity-building workshop

On June 6-7, 2024, over 20 union representatives from the Caribbean region convened at the historic headquarters of the Antiguan Workers’ Union for a workshop on corporate tax justice and sustainable development models. The event, part of the NUTJ’s global capacity-building efforts, featured insights on corporate tax avoidance, emphasising the necessity of analysing CIT policy … Read more

Two former officials under investigation over Akamas roadworks

by
Two former officials under investigation over Akamas roadworks

Possible disciplinary offences by state officials have been recorded in the investigation into illegal intervention in the Akamas, Agriculture Minister Maria Panayiotou said on Wednesday.An investigative officer is expected to be appointed to examine the potential offences. Speaking after the cabinet meeting at the presidential palace, Panayiotou told the press she briefed the ministers on … Read more

The OECD’s push for global taxes continues GIS Reports

by
The OECD’s push for global taxes continues GIS Reports

The OECD is developing ways to increase taxes on international businesses, cross-border investment and global levies on wealth and energy generation. Mathias Cormann, former finance minister of Australia, is the sixth secretary-general of the OECD, in office since June 2021, appointed by the member governments for a five-year term. On his watch, the organization continues its … Read more

Cyprus urged to avoid mediocrity in research

by
Cyprus urged to avoid mediocrity in research

Cyprus is excelling in the fields of research and innovation, according to Deputy Minister of Research, Innovation, and Digital Policy Nikodimos Damianou. Damianou this week visited the Cyprus Institute, where he met with its president Stavros Malas, as well as members of the administrative staff. Damianou expressed his delight at Cyprus’ leading position in research … Read more

The cost of government inadequacy and corruption

by
The cost of government inadequacy and corruption

The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.

Hermes Airports “Green” Lemonade joins forces and returns

by
Hermes Airports “Green” Lemonade joins forces and returns

Hermes Airports partners with KEAN and Foody for the “Green Lemonade” project, selling homemade lemonades to support the Cyprus Department of Forests. The project involves collecting lemons from airport trees, producing lemonade without preservatives, and using proceeds for environmental initiatives. The collaboration aims to promote sustainable development and circular economy practices, giving back to nature through green actions.

Lack of plan a , ‘danger to Akamas’

by
Lack of plan a , ‘danger to Akamas’

The lack of political will for a substantial revision of the sustainable development plan for the Akamas is putting the region in danger, according to the Federation of Environmental Organisations (Opok). They are not satisfied with the government’s intentions and are calling for a correction of mistakes made to avoid unfavorable results for the environment, communities, visitors, and nature lovers. Opok also calls for a ban on hunting in the park and the encouragement of sustainable development in surrounding communities.