In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a view to boost consumption. She said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the Budget. The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.
ICICI Bank share price hits record high, ICICI Bank m-cap tops $100 billion: Shares of ICICI Bank have been on a steady uptrend, rising 30 per cent over the past one year; not far behind Axis Bank stock that surged over 34 per cent during the period. The BSE Sensex, meanwhile, is up 25 per cent, and the BSE BANKEX 22 per cent in the last one year, ACE Equity data shows. On Wednesday, June 26, ICICI Bank shares hit a fresh record high for the third consecutive day, rising 2 per cent on the BSE in the intraday trade.
The boy had sent the mail "just for fun" after being influenced by the news of another teenager who made a hoax bomb threat call a few days ago, deputy commissioner of police (IGI Airport) Usha Rangnani said.
An assistant animal keeper was injured after a lioness allegedly pounced on him at its enclosure in the Nehru Zoological Park in Hyderabad, officials said on Tuesday.
With an aim to provide a safe training environment for the Olympic-bound players, Hockey India has devised a detailed Standard Operating Procedure in the wake of the COVID-19 pandemic.
The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.
Indian National Developmental Inclusive Alliance (INDIA) MPs, including Congress president Mallikarjun Kharge, Congress Parliamentary Party chief Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi, staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget.
The Bombay high court on Wednesday said the probe into the killing of Badlapur sexual assault case accused Akshay Shinde in a shoot-out should be carried out in a fair and impartial manner.
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
If everything goes according to the plan, the exercise will begin after the Lok Sabha elections, the official said.
Passengers should undergo RT-PCR test and be isolated in a separate unit of an institutional facility if found positive
Releasing the 'Standard Operating Procedures', the ministry said that the period from October to December witnesses large gatherings for religious worship, fairs, cultural functions, processions, etc, and it is important that necessary preventive measures are followed for such events which may last a day, a week or more.
The SOP said the train schedule, protocols for entry and movement of passengers, services to be provided in coaches, and arrangements with states and UTs for booking of tickets shall be publicised by the MOR.
Due to the differences in circadian rhythms between the Northern and Southern Hemispheres, some cheetahs developed thick winter coats during the Indian summer and monsoon last year, anticipating the African winter (June to September).
Against the backdrop of a significant number of flights getting delayed and cancelled and passengers facing tough times, the regulator has come out with a set of Standard Operating Procedures (SOPs).
'The terrorists are using better technology to secure their communication.' 'It does appear that excessive reliance on technology led to a weakening of human intelligence.'
Those intending to undertake international travel for education purposes, joining employment and as part of the Indian contingent to the Tokyo Olympics will be allowed to take the second dose of Covid vaccine Covishield prior to the prescribed time interval of 84 days after the first dose.
Amid a row over irregularities in competitive exams National Eligibility cum Entrance Test (NEET) and National Eligibility Test (NET), the education ministry on Saturday notified a seven-member panel headed by former Indian Space Research Organisation (ISRO) chief K Radhakrishnan to ensure transparent, smooth and fair conduct of examinations through the National Testing Agency (NTA).
Legendary pistol marksman and Manu Bhaker's personal coach Jaspal Rana on Thursday claimed he was asked to leave the Karni Singh shooting range in New Delhi by India's high performance director Pierre Beauchamp, kicking off a controversy in which the national federation appeared to be siding with the Canadian.
The apex court has been holding hearings through video conferencing since March 25 due to the COVID-19-induced nationwide lockdown and even after the restrictions were relaxed; it has decided to continue with the practice.
The boy wanted to check whether it could be traced back to him or not, police said.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
Speaking to PTI, Rao said this kind of incident could have been avoided had the recommendations of a committee headed by then Deputy Speaker of the Lok Sabha, appointed after the 2001 Parliament attack incident, been implemented.
Another instance of bridge collapse came to the fore in Bihar on Thursday, making it the 10th such incident to have been reported from the state in just over a fortnight, an official said.
Besides, Rs 360 crore will be allocated for Chief Ministers' Special Development Programme and Minorities Colony Development Programme in the year, he said.
Support staff, officials and ground staff over 60 years of age and with individuals with underlying medical conditions are barred from attending training camps until "suitable guidelines are issued by the Government".
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
An accidental encounter between Maharashtra deputy CM Devendra Fadnavis and Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray in a lift in Vidhan Bhawan on Thursday caused ripples in state political circles.
The reopening of the Ratna Bhandar became a major political issue during the recently held assembly elections in the state.
The safety and security of citizens is primary for the government, he said.
Sri Lanka has decided to impose a one-year moratorium in allowing foreign vessels to conduct research in the island nation's territorial waters, Foreign Minister Ali Sabry has said, amidst frequent docking requests from Chinese surveillance ships.
Debt mutual funds are likely to be stripped of the long-term tax benefit if they invest less than 35 per cent of their assets in equities. Such mutual funds will attract short term capital gains tax. The government is likely to make such a proposal in the form of an amendment to the Finance Bill 2023 in the Parliament, sources said.
"After more than 12 hours of intense coercive tactical measures as per the SOPs, the pirates on board the hijacked fishing vessel were forced to surrender. The crew, comprising 23 Pakistani nationals, have been safely rescued," the Indian Navy added.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
The probe into the killing of Jammu and Kashmir Police inspector Masroor Ahmad Wani has been handed over to the National Investigation Agency (NIA), a senior police officer said in Srinagar on Friday.
Only a fifth of foreign portfolio investors (FPIs) in breach of the market regulator-specified thresholds may need to provide enhanced disclosure on ultimate beneficiaries, thanks to exemptions being provided, according to people in the know. The ultimate beneficial ownership (UBO) disclosures, for FPIs with over 50 per cent holding in a single corporate group or over Rs 25,000 crore exposure to Indian assets, will be required from February 1. But, depending on their category, FPIs will have 10-30 working days to submit these granular details.
Following Tamil Nadu Chief Minister Jayalalithaa's promise to extend sops given in her state tp all over India if she becomes prime minister, Rediff.com's Uttam Ghosh offers his perspective.
A host of IT players like HP, Wipro and HCL have set up their units in the state.
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