“Unseasonal rain was not on the list of natural calamities in the...
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Study estimates only a quarter of Indian population can access stroke facility in an hour
Ischaemic stroke is the most common, accounting for about 70-80 per...
US surgeon general urges cancer warnings for alcoholic drinks
U.S. Surgeon General Vivek Murthy said alcohol consumption...
Subscribers joining NPS after 65 yrs of age can take up to 50 pc equity exposure
The Pension Fund Regulatory and Development Authority (PFRDA) has revised the guidelines on entry and exit following an increase in the maximum age for joining the NPS from 65 years to 70 years of age. The entry age for NPS has been revised to 18-70 years from 18-65 years.
Any Indian citizen and Overseas Citizen of India (OCI) in the age group of 65-70 years can also join NPS and continue up to the age of 75 years, according to a PFRDA circular on the revised guidelines.
Govt brings new ‘BH’ registration series for personal vehicles to ensure seamless transfer across states
”This vehicle registration facility under ‘Bharat series (BH-series)’ will be available on voluntary basis to defense personnel, employees of central government/ state government/ central/ state public sector undertakings and private sector companies/organisations, which have their offices in four or more states/union territories,” the Ministry of Road Transport and Highways (MoRTH) said in a statement. This scheme, it said, will facilitate free movement of personal vehicles across states/union territories of India upon relocation.
Govt extends deadlines for various I-T compliances, GST relief
While the income tax compliances, including filing of statement for equalisation levy and remittances, reporting by multinational enterprises etc, have been extended mainly due to difficulties in electronic filing on the new I-T portal, the deadline for GST amnesty scheme and also filing of GST return electronic verification code (EVC) have been extended until November 30 and October 31 respectively to assist taxpayers in the time of Covid-19 pandemic.
Vaccine inequity causes ‘dangerous divergence’ in COVID survival rates – UN agency heads
“These countries, the majority of which are in Africa, simply cannot access sufficient vaccine to meet even the global goals of 10 per cent coverage in all countries by September and 40 per cent by end 2021, let alone the African Union’s goal of 70 per cent in 2022”, the UN officials said.
HC to hear in Oct appeals of FB, WhatsApp in privacy policy matter
The case relates to the appeals of Facebook and WhatsApp against a single judge order dismissing their pleas against the probe CCI ordered into the instant messaging app’s new privacy policy.
CCI had contended that the new privacy policy of WhatsApp would lead to excessive data collection and “stalking” of consumers for targeted advertising to bring in more users and is therefore an alleged abuse of dominant position.
Climate Change: 80% of South Mumbai will be under water by 2050, Mumbai municipal commissioner
Mumbai municipal commissioner Iqbal Singh Chahal said that Mumbai is the first city in South Asia that is preparing its climate action plan and acting on it.
“Earlier, we used to hear about climate change events like melting glaciers, but not directly affecting us. But now it has come to our doorstep,” he added.
Chahal said that last year for the first time in 129 years, a cyclone (Nisarga) hit Mumbai and thereafter in the last 15 months, there have been three cyclones. After that, on August 5, 2020, about 5 to 5.5 feet water was accumulated at Nariman point.
FDI equity inflows up 168% to $17.57 bn during Q1FY22: Govt data
The data showed that the automobile industry has emerged as the top sector during the period under review with 27 per cent share of the total FDI equity inflows. It was followed by computer software and hardware (17 per cent) and services Sector (11 per cent).
Further, Karnataka is the top recipient state during April-June 2021, with 48 per cent share of the total FDI equity inflows. It was followed by Maharashtra (23 per cent) and Delhi (11 per cent).
India’s data centre industry capacity to double by 2023 to 1,008 MW: Report
New Delhi: The capacity of data centre industry is expected to double by 2023 to over 1,000 MW to meet the rising demand amid sharp growth in digitalisation, according to property consultant JLL. The industry's capacity is expected to double from 499 MW in...
Pharma industry to surpass $60 bn by FY24: Report
The report expects this faster growth to be driven by the ability of the domestic industry to leverage the opportunities arising from the expiry of the many patented drugs across the globe, ebbing of regulatory risks, adoption of various de-risk strategies from China dependency for key raw materials, increasing PE investments, and strong fundamentals of the industry.
Govt releases draft of declaration to be given by cos to enable withdrawal of retro tax demands
”The aim of the amendment made by the 2021 Act is to bring tax certainty and ensure that once specified conditions are fulfilled, the pending Income-tax proceedings shall be withdrawn, demand, if any, raised shall be nullified, and amount, if any, collected shall be refunded to the taxpayer without any interest,” the statement said.