The Ministry of Treasury determined that taxpayers underreported approximately 160 billion lira in tax base for the year 2024. As a result, it is anticipated that 80 billion lira in penalties will be imposed on thousands of businesses. The Tax Inspection Board of the Treasury and Ministry of Finance revealed last year that many businesses […]
The BIST 100 index on Borsa Istanbul increased by 1.34% in the first half of the day, reaching 10,578.32 points. Showing an upward trend in the first half of the day, the BIST 100 index rose by 139.99 points and 1.34% to 10,578.32 points as of 13.00. The total trading volume was 72.1 billion Turkish […]
Coming from the viewpoint of fiscal conservatism, it is evident that the Department of Government Efficiency (DOGE) has made significant strides. While DOGE does have its fair share of critics, this is to be expected for any entity uncovering inefficient government programs— the more waste it uncovers, the more detractors it will accumulate. A significant […]
Minister of Trade Bolat, Minister of Agriculture and Forestry Yumaklı, and 25 Turkish businesspeople will discuss the reconstruction process with Ukrainian President Zelenski. Minister of Trade Ömer Bolat, Minister of Agriculture and Forestry İbrahim Yumaklı, and 25 Turkish businesspeople have traveled to Ukraine. The delegation will meet with Ukrainian President Volodimir Zelenski tomorrow. Discussions during […]
Minister of Treasury and Finance, Mehmet Şimşek, stated that they will continue to reduce the need for external financing and improve the quality of financing. Evaluating the January balance of payments data in a post on his social media account, Minister of Treasury and Finance Mehmet Şimşek noted that the annual current account deficit was […]
Emlak Participation offered 149 billion lira of financial support to the Turkish economy in 2024. The bank’s net profit rose by 70% to 8.7 billion lira. Emlak Participation shared its financial results for the year 2024. By the end of 2024, the bank increased its total assets to 228 billion lira, funds collected to 167 […]
The European Union has announced that it will implement retaliatory measures worth 26 billion euros in response to the additional customs duties imposed by the United States. The European Union (EU) Commission stated that the new steel and aluminum tariffs imposed by the US were deemed unfair, leading to the initiation of “swift and proportionate” […]
Minister of Labor and Social Security, Vedat Işıkhan, announced that the 4,000 TL bonus will start to be transferred to accounts as soon as it passes through the Parliament. Speaking before the AK Party group meeting, Minister Işıkhan made a statement regarding the holiday bonuses for retirees. Following the Parliament’s regulation, the retirement holiday bonus […]
Microsoft is planning to introduce an image editor and file compression feature to the built-in sharing tool of Windows 11. As part of its continuous efforts to enhance the user experience of Windows 11, Microsoft is planning to add two significant features to the built-in sharing tool: an integrated image editor and file compression feature. […]
The price movements and key indicators of Bitcoin are providing signals that question whether the market is in a deep value zone or on the brink of a new bear market. An analysis released by CryptoQuant on March 11 highlighted that Bitcoin has reached one of the lowest levels in the current cycle. The Bitcoin […]
