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The transaction limit was enhanced from ₹100,000 to ₹200,000 in March 2020. From December 2021, RBI again increased the limit to ₹500,000 for Retail Direct Scheme and IPO applications. [26] To make UPI economically feasible for payment companies, RBI is considering a merchant discount rate (MDR) on future UPI transactions. [27]
Analysis has found that Reform UK's tax plans disproportionately benefit high earners. [137] Reform UK wants to raise the higher rate threshold of tax from £50,271 to £70,000, which would result in a tax cut of close to £6,000 for the top 10% of earners and far outweigh any benefit to the lowest earners. [137]
The 2024 Sri Lankan presidential election was the ninth presidential election in the country’s history and was held on 21 September 2024. [4] [5] Incumbent President Ranil Wickremesinghe ran for re-election as an independent candidate, making him the first sitting president to run for re-election since Mahinda Rajapaksa in 2015.
The direct participation of the royal and viceroyal figures in any of these areas of governance is limited; in practice, their use of the executive powers is directed by the Executive Council, a committee of ministers of the Crown responsible to the unicameral, elected Legislative Assembly and chosen and headed by the Premier of Prince Edward ...
Mohamed Abdel Moneim Al-Fayed [a] (/ æ l ˈ f aɪ. ɛ d /; 27 January 1929 – 30 August 2023) was an Egyptian billionaire businessman whose residence and primary business interests were in the United Kingdom from the mid-1960s.
On 13 April 2017, the deal was completed and Rossoneri Sport Investment Lux became the new direct parent company of the club. [48] In order to finalise the deal, American hedge fund Elliott Management Corporation provided Li with a loan of €303 million (€180 million to complete the payment to Fininvest and €123 million issued directly to ...
In an effort to reach HIPC completion in 2004, the government drafted an austerity budget for 2004, freezing civil service salaries and increasing the number of taxes. The tax hike and public sector wage freeze prohibited salary increases and new hires. This sparked a nationwide strike in February 2004. [143]
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