Connect with us

Business

New Zealand suggests tax cuts in Budget

Published

8 years ago

on

Wellington: New Zealand Finance Minister Steven Joyce on Wednesday has hinted at tax cuts in his first Budget, a media report said. Joyce, who was appointed Finance Minister in December last year, said the government was committed to reducing the tax burden on lower and middle income earners when it had “the room to do so”, Xinhua news agency reported. A key element of the Budget would involve investing in the public services and building infrastructure.

“New Zealand businesses have generated 328,000 new jobs since 2008, and average weekly wages have grown by 26.1 per cent, more than double the rate of inflation,” Joyce said in a statement. “Budget 2017 will seek to give businesses the confidence to keep investing and keep growing, to provide more opportunities for New Zealand families,” he added. “As the economy grows, we have a little more headroom to invest in better public services. However, as always, our focus will be on achieving better results, and not just tipping in more taxpayer’s money.”

Joyce said the Budget would “continue a relentless focus on reducing debt as a percentage of GDP (gross domestic product)”. “A key part of building a resilient economy is creating the necessary buffers to deal with the next economic shock. The government remains committed to its target of reducing net debt to 20 per cent of GDP by 2020-2021,” Joyce said.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending