6 Things You Need To Know Today – April 23, 2014

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  1. New Bank Taxes Explained. For the financial year 2014-2015, the Government has proposed spending $540 billion. Taking inflation into consideration, the real total budget expenditure has not changed significantly relative to last year… Read more at Jamaica-Gleaner.com
  2. ‘Leave Our Money’ – Shaw Rips Into Gov’t Over Bank-Withdrawal Levy. Opposition Spokesman on Finance Audley Shaw has outlined a nine-point proposal for economic growth on the island that includes a suggestion that stamp duty and transfer tax be rolled back by one percentage point each… Read more at Jamaica-Gleaner.com
  3. Withdrawal Tax Targets Institutions – Phillips. Finance Minister Dr Peter Phillips said yesterday that the Government had taken into account the possibility that banks and other financial institutions might opt to pass on the cost of a levy on bank withdrawals to customers… Read more at Jamaica-Gleaner.com
  4. NEPA Serves Enforcement Notice On NSWMA Over Riverton Dump. The National Environment and Planning Agency (NEPA) has served an enforcement notice and a notice of intention to suspend permit on the National Solid Waste Management Authority (NSWMA) and a cessation order on the Jamaica North South Highway Company Limited for breaches of the National Resources Conservation Authority permit requirements… Read more at Jamaica-Gleaner.com
  5. More Casino Confusion – Fiesta Denies Bidding; Reveals Joint-Venture Talks With Amaterra. Fiesta Jamaica Limited and developers Amaterra Jamaica Limited are exploring a potential casino resort partnership amid confusion on whether the Spanish hotel group had, in fact, put in its own bid for a so-called Approved Integrated Resort Development order, or AIRD… Read more at Jamaica-Gleaner.com
  6. Edwin Allen Set For Relay Sweep At Penns. After winning their second National High schools title at ‘Champs’, Edwin Allen’s girls look set for some sizzling performances at the 120th staging of Penn Relays, which begins tomorrow and runs through to Saturday… Read more at Jamaica-Gleaner.com