For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents.
Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries chairman and managing director Ambani's overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List. In 2023's report, Adani's wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore.
IMAGES from the second T20I in Gqeberha played between India and South Africa on Sunday
IMAGES from the Day 1 of the third Test played between India and New Zealand at the Wankhede Stadium in Mumbai on Friday
A dominant India ended England's title defence by handing them a 68-run thumping in the second semi-final of the T20 World Cup.
Kahan Shuru Kahan Khatam, with its retro-inspired title song and background score just tries too hard, both with the comedy and the message, feels Deepa Gahlot.
The new TDP government will have to mop up over Rs 10,000 crore to fulfill the financial requirements for July, a retired senior bureaucrat said.
"I'm amazed channels are bothering with exit polls especially after the fiasco of the recent general elections. I'm ignoring all the noise on channels, social media, WhatsApp etc. because the only numbers that matter will be revealed on the 8th of Oct. The rest is just time pass," Abdullah, a former chief minister, wrote on X.
Shobhaa De pays tribute to another legend who passed into the ages on August 23, publisher, producer and entrepreneur Nari Hira.
ndia will not get a better opponent than New Zealand, which is not a fancied side like its Trans-Tasman neighbour. But the two-time runners-up are as tough as nails.
The fiscal deficit, which is the difference between total expenditure and revenue, as percentage of GDP will come down from 6.9 per cent in the revised estimates for the current fiscal, he said unveiling the 2010-11 Budget in the Lok Sabha.
European champions Spain claimed a place in the Nations League quarter-finals with a 3-0 home win over Serbia.
'With passage of time, Kamal did move away from the humdrum of commercial cinema, using it only as a peg to launch a new concept or new technology, as no other actor/film-maker has done in Indian cinema.' N Sathiya Moorthy assesses the career and politics of movie legend Kamal Haasan on his 70th brthday.
It was a proper Test innings, it was of the highest class, and given the circumstances it came in, it was one of the best innings by an Indian batsman in recent memory, applauds Prem Panicker.
A day after 21 houses were set on fire in Bihar's Nawada district, a top state government official on Thursday said 15 people have been arrested in this connection.
The Indian men's hockey team dished out a dominant performance to launch its title defence with a commanding 3-0 win over hosts China in the Asian Champions Trophy in Hulunbuir, China on Sunday.
In calendar year 2024, the stock price of Trent has zoomed 160% As compared to the 18% rally in the BSE Sensex during the same period. It has outperformed the market in the past 10 consecutive years.
When you are defending to save a game, a loose delivery comes along and you suddenly opt to play an attacking shot, you are unlikely to hit as well as if you were playing your naturally aggressive game all along. First Pant, then Jaiswal, found that out the costly way, observes Prem Panicker.
Images from the second T20 International between England and Australia, at Sophia Gardens Cricket Ground, Cardiff, Wales, on Friday.
Net direct tax collection grew 21 per cent to over Rs 4.62 lakh crore so far this fiscal, on higher advance tax payment by corporates.
Travis Head struck a remarkable 19-ball half century, including 30 off one over, as Australia beat England by 28 runs in the first match of their T20 series in Southampton on Wednesday.
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
Run by a former cricketer and son of India's military heroes, Mike's Forest Retreat is an ode to all that we hold dear.
The Ministry of Electronics and Information Technology (Meity) is looking at a proposal to generate 1.5-2 direct jobs for every Rs 1 crore invested by companies under the proposed electronic components production-linked incentive (PLI) scheme. If this plan fructifies, a Rs 10,000 crore investment under the proposed PLI scheme would bring with it the expectation of creating 15,000-20,000 direct jobs in electronic components sector.
The Railway Board in its initial statement said that the driver of the goods train violated the signal.
Rasikh shone with the ball in DC's narrow win on Wednesday, finishing with figures of 3/44 from four overs, taking the important wickets of B Sai Sudarshan, Shahrukh Khan and R Sai Kishore.
Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts fell short of the RE. Net direct tax collection stood at Rs 19.58 trillion in FY24, surpassing the RE of Rs 19.45 trillion by Rs 13,000 crore, or 0.7 per cent. The government had revised up FY24 projections for personal income tax by 13.5 per cent over the Budget estimates (BE) of Rs 9 trillion, at Rs 10.22 trillion.
'We crossed Rs 1.7 trillion in three months this financial year.'
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
Czech duo Siniakova and Machac win mixed doubles gold
In the fourth set, the German took two points with a 29-27 win but Deepika was already ahead by two points heading into the final set.
England's pacemen took four wickets between them to restrict Pakistan to 244 for six at close on the first day of the first Test.
In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with the allocation of Rs 2,068 crore.
Finance Minister Nirmala Sitharaman on Wednesday said the Union Budget strikes a fine balance between growth, employment, and fiscal consolidation, and promotes cooperative federalism. Replying to the discussion on the Union Budget 2024-25 and Union Territory of Jammu and Kashmir Budget in Rajya Sabha, the minister said the government is on track to achieve the pre-announced fiscal deficit target of 4.5 per cent by 2025-26. Sitharaman, also a former defence minister, said the Agniveer Scheme to recruit people in the age group of 17.5 to 21 years, is aimed at keeping the armed forces fit, young and battle-ready.
FY14 economic growth rate pegged at 4.8-5.3%, WPI inflation set to rise
All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy
The Indian women's hockey team continued its winless streak in the Belgium leg of the FIH Pro League, slumping to 0-3 defeat against Argentina in Antwerp on Sunday.
Chaudhary also said that 66 per cent of government-sponsored health insurance schemes in the country are being run by the central government. "When the COVID-19 pandemic started, a decision was made for sale of all medicines at the GST rate between 5 and 12 per cent and the GST rate for COVID-19 related medicines and instruments has been reduced to five per cent," he said during the Question Hour.
'With new projects and recently awarded projects kicking in, capital expenditure should only increase going forward.'
IT major HCL Technologies' Shiv Nadar has retained his position as the 'most generous Indian' in 2023 as well, with a 76 per cent jump in his donations at Rs 2,042 crore. Wipro's Azim Premji's donations zoomed by 267 per cent to Rs 1,774 crore during the same year, according to the Edelgive Hurun India Philanthropy List 2023 released on Thursday. Richest Indian Mukesh Ambani donated Rs 376 crore in the year, which is an 8 per cent decline.
