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2024-01-28 00:30:05
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Category:
Economy
EP.175 | The value of the tax reduction measure “e-Receipt” | The Active
written by Alexandra Hartman Editor-in-Chief
2024-01-28 05:30:00
Last year, “shoppers” probably liked the Shop Dee Mee Khuen measures. That brings receipts to reduce personal income tax, while in 2024 the government has a new type of reduction measure, namely “Easy e-reciept” similar to Shop Dee Mee Khun. But this time, you must use an electronic receipt only.
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The reason is to incentivize large businesses and stores to transition to a more electronic tax system. In order to make tax collection more efficient as well. But many tax deductions There are more and more of them, which is another reason why the state Collect less taxes Meanwhile, the government also plans to spend money on various welfare matters.
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Invite you to talk with Assoc. Prof. Athipat Muthitacharoen, lecturer in the Faculty of Economics. Chulalongkorn University Author of academic work on “Strengthening the Thai tax system” in The Active Podcast EP.175 | The value of the tax reduction measure “e-Receipt”
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#EP.175 #tax #reduction #measure #eReceipt #Active
As many as 431 infrastructure projects show cost overrun of Rs 4.82 lakh crore in December
written by Alexandra Hartman Editor-in-Chief
2024-01-28 05:48:35
As many as 431 infrastructure projects, each entailing an investment of Rs 150 crore or more, were hit by cost overrun of more than Rs 4.82 lakh crore in December 2023, an official report stated. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, out of 1,820 projects, 431 reported cost overrun and 848 projects were delayed.
“Total original cost of implementation of the 1,820 projects was Rs 25,87,066.08 crore and their anticipated completion cost is likely to be Rs 30,69,595.88 crore, which reflects overall cost overruns of Rs 4,82,529.80 crore (18.65 per cent of original cost),” the ministry’s latest report for December 2023 said.
According to the report, the expenditure incurred on these projects till December 2023 is Rs 16,26,813.80 crore, which is 53 per cent of the anticipated cost of the projects.
However, it stated that the number of delayed projects decreased to 638, if delay is calculated on the basis of the latest schedule of completion.
Further, it said that for 298 projects neither the year of commissioning nor the tentative gestation period has been reported.
Out of the 848 delayed projects, 202 have overall delays in the range of 1-12 months, 200 have been delayed for 13-24 months, 323 projects for 25-60 months, and 123 projects have been delayed for more than 60 months. The average time overrun in these 848 delayed projects stood at 36.59 months. Reasons for time overrun, as reported by various project implementing agencies, include delay in land acquisition, in obtaining forest and environment clearances, and lack of infrastructure support and linkages.
Delays in tie-up for project financing, finalisation of detailed engineering, change in scope, tendering, ordering and equipment supply, and law and order problems were among the other reasons.
The report also cited state-wise lockdowns due to COVID-19 (imposed in 2020 and 2021) as a reason for the delay in implementation of these projects.
It has also been observed that project executing agencies are not reporting revised cost estimates and commissioning schedules for many projects, which suggests that time/cost overrun figures are under-reported, it added.
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#infrastructure #projects #show #cost #overrun #lakh #crore #December
Icon of the Seas: The World’s Largest Cruise Ship Sets Sail Despite Environmental Concerns
written by Alexandra Hartman Editor-in-Chief
2024-01-28 01:51:54
The world’s new largest cruise ship, the Icon of the Seas, cast off from the Port of Miami on Saturday for its maiden voyage, despite accusations of anti-ecological monstrosity. 365 meters long, it has 2,805 cabins and 40 restaurants.
This immense Royal Caribbean liner, the latest addition to a cruise sector in full recovery following the Covid-19 years, is heading to the Caribbean.
The Icon of the Seas is the first ship from the American cruise giant to be powered by liquefied natural gas (LNG), a fossil fuel that the industry presents as a cleaner alternative to heavy fuel oil, but which releases methane, a powerful greenhouse gas.
Five times the size of the Titanic
The ship is equipped with a system that converts waste into energy and another to recycle water on board, says Royal Caribbean, thus promising to reduce the environmental impact of this type of ship, one of the most common criticisms of the cruise industry.
During its maiden voyage to the Caribbean, it will visit Basseterre, capital of the state of Saint Kitts and Nevis, before heading to Charlotte Amélie, in the American Virgin Islands, then to the island private of Coco Cay, Bahamas, before returning to Miami, Florida.
The Icon of the Seas can accommodate 5,610 passengers and 2,350 crew members. Divided into eight different districts, it includes twenty bridges, seven swimming pools, nine jacuzzis and a 17 meter high waterfall. With a gross tonnage of 250,800 tonnes, five times the size of the Titanic, it left the Turku shipyard in Finland.
/ATS
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#largest #ocean #liner #world #sets #sail #Miami