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Millions of pensioners paying more income tax now than when Tories took power
8.5 million people over the age of 65 are now paying tax on their income. This is up from roughly 4.9 million in 2010, according to the IFS. A pensioner earning £25,000 a year now pays about £400 more in income tax.
'Difficult' UK government finance warning issued - and exact date it'll end Independent forecaster's health check says economy is proving resilient. But growth plan faces tougher tests over next five years. IFS’s director, Paul Johnson, said: ‘We already have public sector investment well below that in most comparable countries. That is not good for growth’
Monday evening news briefing: Sunak said 'just let people die', claimed Cummings Sunak said ‘just let people die’, Dominic Cummings claimed. Hunt will only have room for ‘tiny’ tax cuts, IFS boss says. Argentina has ‘non-negotiable’ sovereignty over the Falklands.
Inheritance tax cut would save families £180,000 Jeremy Hunt is understood to be planning a cut to the levy. A report in The Times suggests he could reduce the rate from 40pc to 20pc. The IFS, a think tank, said the 5pc of grieving families who pay the largest amount of inheritance tax would see their bills reduced by £180,000.
Inheritance tax cut would save families £180,000 Jeremy Hunt is understood to be planning a cut to the levy. A report in The Times suggested he could reduce the rate from 40pc to 20pc. The IFS said the 5pc of grieving families who pay the largest amount of inheritance tax would see their bills reduced by £180,000 if the rate were halved.
India To Open New Consulate In US' Seattle, Says Report. Details Here PM-Biden's joint statement in June said India's Seattle consulate will be operationalised later this year. 2002 batch Indian Foreign Service (IFS) officer Prakash Gupta will be the Consulate-General.
Early retirement is increasingly the preserve of the rich, IFS study shows One in four wealthy people manage to retire early, IFS report says. Becoming too ill to work is far more common among poorest fifth of population. Defined contribution pensions are stingier and savers bear investment risk.
Indian diplomat named secretary general of BIMSTEC Indra Mani Pandey will be the first Indian official to hold the post of secretary general of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. Pandey, an Indian Foreign Service (IFS) officer of the 1990 batch, is currently the country’s permanent representative to the United Nations.
Indian diplomat named secretary general of BIMSTEC Indra Mani Pandey will be the first Indian official to hold the post of secretary general of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. Pandey, an Indian Foreign Service (IFS) officer of the 1990 batch, is currently the country’s permanent representative to the United Nations and other international organisations in Geneva.
How Jeremy Hunt's 'stealth tax' is hitting hard-working Britons from savings to income Chancellor Jeremy Hunt's'stealth tax' is failing to raise tax thresholds. IFS said there was little room for tax cuts 'any time soon'
MEA spokesperson Arindam Bagchi appointed India's ambassador to UN in Geneva Arindam Bagchi, a 1995-batch Indian Foreign Service (IFS) official, took over as spokesperson of the Ministry of External Affairs in March 2021. Bagchi would succeed Indra Mani Pandey who is set to return to New Delhi.
UK economy 'heading for recession' as Chancellor faces 'horrible fiscal bind' The UK economy is in a "horrible fiscal bind" with no room for tax cuts or increased public spending, according to a report by the Institute for Fiscal Studies. The IFS's latest Green Budget warns that Britain will fall into a "moderate" recession in the first half of 2024. The report, funded by the Nuffield Foundation and using economic forecasting by Citi, analysed the challenges facing the Chancellor.
India's next ambassador to UN in Geneva is MEA spokesperson Arindam Bagchi | Mint The Ministry of External Affairs (MEA) on October 16 announced the appointment of career diplomat Arindam Bagchi. He would be succeeding Indra Mani Pandey, the incumbent Indian envoy to the UN in Geneva. Bagchi, notably, is an Indian Foreign Service (IFS) officer of the 1955-batch.
MEA spokesperson Arindam Bagchi appointed India's ambassador to UN in Geneva Arindam Bagchi, a 1995-batch Indian Foreign Service (IFS) official, took over as spokesperson of the Ministry of External Affairs in March 2021. Mr. Bagchi would succeed Indra Mani Pandey who is set to return to New Delhi.
IFS officer appears before ED in ‘Anee Bullion’ Scam probe The 2006 batch IFS officer was quizzed for several hours by the ED at its Ashok Marg office in Lucknow. She is scheduled to reappear before the ED on Tuesday. This was the fifth summon the ED had issued to the officer in the ongoing investigation into the scam.
Foreign Ministry Spokesperson Arindam Bagchi Appointed India's Ambassador To UN Arindam Bagchi, a 1995-batch Indian Foreign Service (IFS) official, took over as spokesperson of the Ministry of External Affairs in March 2020. He deftly handled a number of critical issues including the eastern Ladakh border row.
Forest Officer Shares Video Of Rare Persian Leopards Captured By Trap Camera Indian Forest Service (IFS) officer Parveen Kaswan, who regularly shares interesting facts and videos about wildlife, took to X to share incredible footage of a Persian leopard family. The footage was captured by a trap camera, set up by Naryn T Rosen, a conservationist from Turkmenistan.
HC holds 3 top Punjab officers of guilty of contempt of court Punjab and Haryana high court held three top officers -- two IAS and one IFS officer of Punjab guilty of contempt of court. The high court has given the trio has been given time till October 20 to “purge the contempt” If orders are not complied with by the given date, the HC would fix a date for pronouncing the quantum of sentence.
Labour could borrow more to fund new spending splurge, admits shadow chancellor Rachel Reeves - as... Labour could borrow more to fund new spending splurge, admits Rachel Reeves - as IFS warns taxes will have to rise whoever wins the election. Shadow chancellor suggested there is more scope for borrowing to invest in the economy. But she stressed debt will need to come down over the longer term.
Forest Officer Shares Video Of Baby Cobra Hiding Inside A Shoe, Asks People To Be Careful Indian Forest Service (IFS) Officer Susanta Nanda shared the short clip on X. In the video clip, a baby cobra can be seen seeking refuge in a woman's shoe.
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