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Here is a masonry blog layout with no sidebarBudget-22-23: 30 pc tax on income from cryptocurrency, virtual assets; 1 pc TDS on buy/sale
Meeting demands from large sections of industry, she said the RBI will launch a 'Digital Rupee' based on blockchain technology in 2022-23 Experts said the 30 per cent tax levied on income arising from the sale of cryptocurrency is similar to the tax rate on winnings...
New smartphone app developed for rapid, sensitive Covid detection
The app uses a smartphone’s camera to measure a chemical reaction and determines a diagnosis in 25 minutes, at a fraction of the cost of current diagnostic methods “As new COVID variants emerge globally, testing and detection remain essential to pandemic control...
Budget-22-23: FM proposes to issue sovereign green bonds to mobilise resources
International arbitration centre will also be set up in GIFT city to provide faster dispute resolution New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed to issue sovereign green bonds to mobilise resources as part of the government's borrowing...
India targets infrastructure spending in growth budget
Seven engines of the PM Gati Shakti initiative are roads, Railways, airports, ports, mass transport, waterways and logistics infra. Production Linked Incentive (PLI) Scheme for achieving Aatmanirbhar Bharat has received an excellent response, with the potential to...
Nobody losing jobs due to non-vaccination, Centre tells SC
"What is urgent is the vaccine mandate because people are losing their jobs. They are losing their rations," advocate Prashant Bhushan said, arguing that people are not able to move around freely due to these vaccine mandates Opposing this argument, Solicitor General...
Sensex surges 850 points ahead of Union Budget 2022-23
This is the second consecutive day of the rally in the Indian stock markets ahead of the presentation of the budget. The Sensex had rallied 813.94 points or 1.42 per cent on Monday. The broader Nifty 50 of the National Stock Exchange was trading 242.15 points or 1.4...
Economic Survey: More people now opt for a pension of Rs1000 per month
As on September 2021, around 78 per cent subscribers have opted for Rs 1000 per month pension amount, as compared to 38 per cent subscribers as on March 2016 The share of subscribers opting for Rs 2000/`Rs 3000/Rs 4000 per month pension is 8 per cent, while 14 per...
Economic Survey showcases development using satellite, geo-spatial images
A new chapter, 'Tracking Development through Satellite Images and Cartography', demonstrates the use of satellite and geo-spatial images to gauge various economic phenomenon such as urbanisation, infrastructure, environmental impact and farming practices, among...
Economic Survey: India lags behind global average in non-life penetration
As of 2020, the penetration for life insurance in India is 3.2 per cent and nonlife insurance penetration is 1 per cent New Delhi: Though, India is at par with international average in terms of insurance penetration for life insurance, the country lags behind in...
Budget 2022-23: Widening Health Covers
Satish Gidugu, CEO, Medi Assist Healthcare Services There is a need to reduce the GST rates on insurance premiums, allow input credit on GST paid towards employee health insurance and eliminate perquisite tax on employee medical reimbursements The COVID-19 pandemic...
MCA Secy Rajesh Verma gets addl charge of DFS
The government has given Rajesh Verma, secretary, ministry of corporate affairs the additional charge of department of financial services(DFS) after Debasish Panda retired as the secretary, DFS on Monday. Panda has been heading the DFS since March 2020.
LIC revises annuity rates for Jeevan Akshay and New Jeevan Shanti
Life Insurance Corporation(LIC) has revised its annuity rates for Jeevan Akshay and New Jeevan Shanti with effect from 1st Feb 2022.The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb .The annuity amount under both...
Investors’ wealth jumps over Rs 3.33 lakh cr as markets rally
Vinod Nair, head of research at Geojit Financial Services, said taking positive cues from global markets and favourable takeaways from the Economic Survey report, the market rallied ahead of the Budget day Mumbai: Investors' wealth on Monday gained over Rs 3.33 lakh...
Economic Survey: Climate finance will remain critical to successful climate action:
According to the survey, India's performance on the NITI Aayog SDG (Sustainable Development Goals) India Index has improved from an overall score of 60 in 2019-20 to 66 in 2020-21. It said the figures "show progress" in India's journey towards achieving the SDGs New...
Economic Survey:Health sector expenditure in 2021-22 projected to be 73 per cent higher than 2019-20
The latest NFHS-5 shows that Total Fertility Rate (TFR), an average number of children per women, has further come down to 2 in 2019-21 from 2.2 in 2015-16. Sex ratio, number of females per 1000 males, in the total population has risen from 991 females in 2015-16...
Economic Survey: India needs infra investment of $1.4 trn to reach $5 tlr GDP by FY25
The Public Private Partnership Appraisal Committee (PPPAC) which is responsible for the appraisal of PPP projects has cleared 66 projects with a total project cost of Rs 1,37,218 crore from 2014-15 to 2020-21 New Delhi: In order to achieve USD 5 trillion GDP by FY'25,...
Govt to spend Rs 64,000 crore under Pradhan Mantri Ayushman Bharat Health Infrastructure Mission: Prez
President Ram Nath Kovind The small farmers of the country have also benefited from the new changes in the crop insurance scheme. More than Rs one lakh crore have been given as compensation to about eight crore farmers since these changes were introduced President Ram...
Economic Survey projects growth at 8-8.5% in FY2022-23
Finance Minister Nirmala Sitharaman The gross domestic product (GDP) contracted by 7.3 per cent in 2020-21 New Delhi: Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey that details the state of the economy ahead of the government's Budget for...