Latest News for: Finance acts

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Call to withdraw changes to tax laws

The News International 22 Jun 2024
According to the LCCI, the Finance Bill 2024-25 proposes to revamp the definition of ‘tax fraud’ by significantly expanding its scope ... It is proposed that the original definition before the Finance Act 2024 be restored,’ he said.
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Explained: Bail in money laundering cases, and the ‘twin test’ under PMLA

Financial Express 22 Jun 2024
... the Prevention of Money Laundering Act (PMLA), the Delhi High Court stayed the order ... However, by a subsequent amendment, Parliament put these provisions back in the law through the Finance Act, 2018.
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Farmers, MSMEs urge finance minister for higher allocations for flagship schemes

Live Mint 21 Jun 2024
“We also requested the finance minister to give rankings to MSMEs based on the Delayed Payments Act for ease of doing business.”Representatives of the All India Association of Industries (AIAI), All ...
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Assessing the impact: A year since the revisions of the Trust Property Control Act

Independent online (SA) 21 Jun 2024
One major legislative change was the amendment of the Trust Property Control Act, aimed at combating, inter alia, terrorism financing and money laundering ... Specific amendments to the Act ... PERSONAL FINANCE .
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Small island developing states need finance to tackle climate crisis

Sierra Leone Telegraph 21 Jun 2024
Every commitment to climate action and finance made by world leaders is vital – but every failure to meet those commitments is an insult to the most vulnerable, and every example of inaction is an act ...
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SHC directs govt to release funds for special allowance to judicial employees

The News International 21 Jun 2024
They said the acting law secretary moved a summary on January 20, 2017, to the chief minister through the finance secretary, who sought a legal opinion of the advocate general, but despite the ...
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What climate-vulnerable developing countries need right now

Gulf-Times 21 Jun 2024
But these efforts all require financing.The Bridgetown Initiative’s proposals for reforming the global financial architecture can drive the kinds of changes we need ... Our collective stake in the planet’s future requires us to act both now and at scale.
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5 unlicensed cannabis shops busted in Rockland; 170 pounds of pot and $400K seized

Lohud 21 Jun 2024
... Rockland County District Attorney’s Office and the other agencies involved in shutting down these illegal smoke shops," state Department of Taxation and Finance Acting Commissioner Amanda Hiller said.
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Budget 2024: Will affordable housing finally receive the boost it needs? Key expectations from the real estate sector

Live Mint 21 Jun 2024
Puri also pointed out that to boost supply and incentivise developers to build more affordable housing, the government can re-introduce the ‘100 percent Tax Holiday’ benefit they previously enjoyed under section 80-IBA in the Finance Act, 2016 ... m ... m ... m.
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Pryde Teves posts P600,000-bail in terrorism financing case

The Philadelphia Inquirer 20 Jun 2024
... said Teves was arrested for supposedly violating Republic Act 10168 or the Terrorism Financing Prevention and Suppression Act of 2012.
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Pryde Teves arrested for financing terrorism, says DOJ

The Philadelphia Inquirer 20 Jun 2024
... Trial Court Branch 74 issued an arrest warrant on Teves for allegedly violating the Terrorism Financing Prevention and Suppression Act of 2012.
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Plus Power closes on $133 million loan | Solar Financing Spotlight

Solar Builder 20 Jun 2024
Plus Power secured $133 million in financing for the 150 MW / 300 MWh Cranberry Point Energy Storage project in Massachussetts ... The $133 million financing includes a construction-to-term loan, bridge loan and letter of credit facility.
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Portfolio strengthened as prominent city centre building acquired

The Business Desk 20 Jun 2024
Farooq Zar, partner at Schofield Sweeney, acted on both the purchase and the finance elements of the transaction and was assisted by Oliver Brooke, solicitor.
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Mining companies raise issues over unfavourable tax regime

Business Ghana 20 Jun 2024
Following the passage of the Act, Mr Akafia said the Chamber identified some concerns and raised them directly with the Minister of Finance ... In its current form, the Act raises several practical questions,” he pointed out.

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