Growth in India’s net direct tax collections slowed slightly to 19.54% by July 11, relative to a 21% rise recorded by June 17, with revenues hitting ₹5.74 lakh crore, the Income Tax department said on Friday.Personal income tax (PIT) receipts constituted 60.2% of the net collections at ₹3.46 lakh crore, rising 21.4% year-on-year, while corporate … Read more
Capital.com, a global trading platform and fintech group headquartered in Cyprus, announced that total client trading volumes exceeded .2 trillion in 2023, marking the first time volumes breached the trillion mark since the company’s establishment in 2016. The company was ranked as the number one fastest-growing technology company among 50 nominees in the 2023 Deloitte Tech Fast 50 rankings. Group CFO Ariel Segev praised Cyprus as a dynamic and thriving tech hub, stating that the country’s business-friendly ecosystem, deep talent pool, and facilitative legislation make it an ideal jurisdiction for tech scale-ups.