"More than one or two jurisdictions have changed their stance...
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90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT Chairman
Ravi Agrawal,Chairman, CBDT As per current data, about 74-75 per...
Budget is by the people, for the people, says FM
Finance Minister Nirmala Sitharaman “We have heard the voice of...
Ukraine grain can be shipped and insurers after removal of Black Sea mines
“It’s not safe for ships to get in or get out at the moment. Until the mines are swept, that situation is not going to change,” said Guy Platten, secretary general of the International Chamber of Shipping, which is also working on opening up maritime channels As the...
India would become USD 5-trillion economy by 2026-27: CEA
''We are now USD 3.3 trillion, it is not such a difficult target to reach. Then if you simply assume 10 per cent nominal GDP growth in dollar terms, then you get to USD 10 trillion by 2033-34 and another doubling with the same rate, said Chief Economic Adviser (CEA) V...
Health scheme to be converted into DBT in Andhra Pradesh
Upon availing of treatment under Aarogya Sri, the cost (as fixed by the government) would be paid into the patient's account and thereafter credited into the hospital account in auto-debit mode, a release from the Chief Minister's Office said. "A consent form will be...
Gadkari summons IRDA and CEOs of general insurance cos to take stock of Surety Bonds
Nitin Gadkari, union minister for Road Transport & Highways Though, the government and the IRDA have allowed the general insurers to launch Surety bonds since April 1, no insurers have been able to do it as there are lot of technical and legal gaps needs to be...
Number of income tax returns touch 7.14 crore in FY22: CBDT chairman
For FY22, the tax collection is more than Rs 14 lakh crore, which is fairly good compared to the collection for FY20, as per the chairman New Delhi: The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman...
Beijing warns of ‘explosive’ COVID outbreak as Shanghai begins mass testing
While China’s infection rate is low by global standards, President Xi Jinping has doubled down on a zero-COVID policy that authorities say is needed to protect the elderly and the medical system, even as other countries try to live with the virus. So far the country...
Canada, in a world first, proposes health warnings on individual cigarettes
"Adding health warnings on individual tobacco products will help ensure that these essential messages reach people, including the youth, who often access cigarettes one at a time in social situations sidestepping the information printed on a package," Mental Health...
Russia’s state-owned RNRC to reinsure Russian oil shipments
The sources, who declined to be identified due to the sensitivity of the issue, said Russian central bank-controlled RNRC was now the main company providing state guarantees to Russian insurance firms that offered cover such as Ingosstrakh, which insures Russian...
Govt issues new guidelines to prevent misleading advertisements
Penalties for violating the guidelines are also clearly outlined. CCPA can impose a penalty of up to Rs 10 lakh on manufacturers, advertisers and endorsers for any misleading advertisements. For subsequent contraventions, CCPA may impose a penalty of up to Rs 50 lakh....
Govt likely to invite preliminary bids for IDBI Bank privatisation next month: Official
The official said while the quantum of stake dilution of both the government and LIC is yet to be decided, the management control in IDBI Bank will be transferred in the strategic sale New Delhi: The government is likely to invite preliminary bids for privatising IDBI...