SIRC 26
Indian
Number of billionaires in India stands at 136 in FY21
The number of individuals disclosing a gross total income of more than Rs 100 crore (one billion rupees) in a year in his/her return of income filed with the Income Tax Department during 2018-19 stood at 77, Finance Minister Nirmala Sitharaman said in a reply to the Rajya Sabha.
”As per the information available with Central Board of Direct Taxes (CBDT), there is no legislative or administrative definition of the term billionaire under direct taxes. Wealth tax has been abolished with effect from 01.04.2016 and, therefore, CBDT does not any more capture information about complete wealth of an individual taxpayer,” she said.
High cost of containers to impact India’s exports: TPCI
Digital payments sees significant growth in tier II, III towns
The report said that on August 6, 2021 – which marks the completion of 500 days of pandemic-related restrictions — a new lifestyle for disruptors and disruptive businesses has emerged with digital payments as its financial backbone.
Not a single sector has shown negative growth during the last 250 days, reflecting their openness to innovation and acceptance of digital modes of payments, it said.
73% of Indian firms expect customer data breach in next 1 year
Nearly 57 per cent Indian organisation among those surveyed said it was somewhat to very likely that they’d suffer serious cyber-attacks in the next 12 months.
While 34 per cent suffered more than 7 cyber attacks that infiltrated networks/systems, 20 per cent had more than 7 breaches of information assets.
International
US agency probes 12th Tesla crash tied to possible Autopilot use.
While autonomous vehicles are an exciting development, the tech is simply not ready to be deployed safely. Congress must act to protect the public from these vehicles until their safety can be assured,” said Senator Richard Blumenthal of Connecticut, who is a member of the Senate’s Committee on Commerce, Science and Transportation.
Modi govt risks losing focus on economy as protests build: Analysts
COP25: Negotiators burn midnight oil to keep UN climate talks alive
Big victory for Johnson and Conservatives clears way for quick Brexit
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