New Delhi: The Central government has so far this year collected ₹4.62 trillion in direct taxes after adjusting for refunds, marking a 20.99% growth annually, the Central Board of Direct Taxes (CBDT) said on Tuesday quoting provisional figures. This includes corporate taxes of ₹1.8 trillion and personal income tax of ₹2.81 trillion. The personal income tax … Read more
Unhedged podcast episode: ‘The billionaires’ tax’[MUSIC PLAYING]Robert ArmstrongThe G20 group, which represents the world’s largest economies, is discussing a billionaires’ tax for the first time. Today on the show, why are the very, very rich so very, very rich? Is it a problem and what should we do about it? This is Unhedged, the finance … Read more
The script was ripped up at Roland Garros on Wednesday as ailing second seed Aryna Sabalenka and off-colour fourth seed Elena Rybakina were sent tumbling out in the quarter-finals.Hampered by illness throughout her match, Sabalenka crashed to a 6-7(5) 6-4 6-4 defeat to Russian teenager Mirra Andreeva as the Australian Open champion’s 11-match Grand Slam winning streak ground to … Read more
Novak Djokovic withdrew from the French Open due to a knee injury sustained during his fourth-round match against Francisco Cerundolo. He was supposed to play Casper Ruud in the quarter-finals but had to pull out. Djokovic had been carrying the injury for a couple of weeks and it flared up when he slipped during the match against Cerundolo.
Recognizing the State of Palestine is fully in line with international law and UN resolutions, serving as an opportunity to revive the peace process between the two sides, according to Palestine’s Minister of Foreign Affairs and Expatriates, Dr Varsen Aghabekian Shahin. This recognition empowers the Palestinian government to fulfill its duties and address the daily needs of its citizens.
Countries mediating ceasefire negotiations, including Qatar, the USA, and Egypt, called on Israel and Hamas to finalize an agreement based on a plan presented by US President Joe Biden. The plan includes a three-phase approach to achieve a permanent ceasefire, with conditions such as the release of hostages and the withdrawal of troops. Israeli Prime Minister Benjamin Netanyahu stated his government’s conditions for a ceasefire, including the destruction of Hamas and the release of all hostages. Hamas responded cautiously, demanding the withdrawal of Israeli troops before agreeing to a ceasefire. Netanyahu faces pressure from both right-wing ministers and Israeli citizens demanding the return of hostages.
U.S. President Joe Biden declared that Hamas is no longer capable of carrying out a major terror attack on Israel and called for a permanent cease-fire in Gaza. Biden supported an Israeli proposal for a three-phase plan, including a six-week cease-fire, withdrawal of Israeli forces from populated areas of Gaza, and the exchange of hostages for Palestinian detainees. Biden also warned Israel of potential global isolation.
Police are gaining access to telecommunications data in the investigation into the death of Dimitris Andronikou, also known as “Dimitroui,” after the case was reclassified from attempted murder to murder. Court warrants have been acquired to examine phone and messaging data of suspects and others involved, with the goal of revealing communication patterns to strengthen the evidence against the accused. The suspects remain at large as the Law Office prepares to file indictments for premeditated murder, withdrawing the current attempted murder charges.
The Cyprus Securities and Exchange Commission (CySEC) has suspended the Cyprus Investment Firm (CIF) license of W.G. Wealth Guardian Ltd due to suspicions of violations of the Investment Services and Activities and Regulated Markets Law of 2017. The company is suspected of not consistently meeting the authorization conditions set out in the law, including initial capital requirements and safeguarding client financial instruments and funds. The company has one month to comply with the relevant provisions, and during the suspension period, it is prohibited from providing investment services, entering into business transactions, accepting new clients, and advertising itself as a provider of investment services.
Natalia Lappa from the Limassol Nautical Club has qualified for the Paris 2024 Olympic Games in Women’s Windsurfing (iQFOiL) after a redistribution of spots. This will be her second consecutive Olympic appearance, with the Cyprus Olympic team now comprising eight athletes in various sports. The spot became available after a Swiss sailor withdrew, and Lappa finished 10th in the ‘Last Chance Regatta’ to secure her place. She is ranked 44th in the World Sailing Olympic rankings and is set to compete against 24 athletes from different countries in the women’s iQFOiL event.