When there is an enormous shortage of public hospitals, when state expenditure on health care is abysmally low by any international yardstick, tax money should be used to set up public hospitals, says T N Ninan.
Cricketer-turned-commentator Deep Dasgupta refused to call the IPL bubble porous but did admit to having anxieties of his own once cases began to rise in Delhi.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
IT major Infosys on Tuesday said it has seen no major impact on client deliverables due to the ongoing pandemic, and has been working proactively with clients to mitigate any potential impact. The Bengaluru-based company has also enabled vaccination for 14,150 employees and their family members through its centres, and is in the process of setting up additional facilities across its campuses in India. Besides, Infosys is providing financial support, exploring training and job opportunities for the next of kin and offering necessary assistance to support dependents of deceased staff members.
Confused about what the agents tell you about this investment product? Then you must read this
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
BCCI president Sourav Ganguly on Tuesday said he "doesn't have an answer" on the fate of this year's Indian Premier League amid a nationwide lockdown to combat the coronavirus pandemic. The Board of Control for Cricket in India suspended the 13th edition of IPL, originally scheduled from March 29, to April 15 after government suspended all visas, barring few categories like diplomatic and employment, making it impossible for foreign players to participate.
The expected interest rate hike in the US and the resultant volatility in the domestic secondary market could play a dampener to the over Rs 2-trillion initial public offering (IPO) pipeline in 2022. IPOs in 2022 look promising, with as many as 35 companies holding the Securities and Exchange Board of India's approval to raise roughly Rs 50,000 crore. Another 33 companies are waiting for the regulator's nod to raise around Rs 60,000 crore next year.
When the highest court gave a decision on the Navtej Singh Johar case, it held that LGBT citizens have a right to not be discriminated against on the basis of their sexual orientation. It was keeping this in mind that this same sex couple approached the Delhi high court.
While most universities and colleges are genuine about what they offer, applicants need to verify the claims to check for authenticity and red flags if any, alerts Piyush Kumar, regional director, (South Asia), IDP Education, an overseas education consultancy.
In his first of the two election speeches on the eve of the November 3 elections, Biden asserted that he has a plan to successfully fight against COVD-19 if voted to power.
If new goals have emerged, this is the time to make fresh investments.
With the wedding season already in full swing, a few things to keep in minutes financially when tying the knot, advises Bindisha Sarang.
British Prime Minister Boris Johnson led the tributes with UK Chancellor Rishi Sunak at 10 Downing Street for the National Health Service (NHS) and other key workers across care homes and public transport at 11 am local time. So far 82 NHS staff are known to have died after testing positive for the coronavirus, including many with their roots in India.
The number of centrally sponsored schemes have increased to 35 in FY22 from 30 in FY21 and central sector schemes have increased to 704 from 685 in the previous year, reports Dilasha Seth.
'The harmful side effects of what we call 'management toxicity' are affecting more and more Indians,' note Jeffrey Pfeffer and M Muneer.
This mindless medley of products does not create choice.
The World Bank report said India has done well in terms of mobility in adulthood, as greater levels of urbanisation have provided more employment opportunities.
'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
The differently-abled deserve a normal life. Nothing will stop Poonam Natarajan from ensuring that India, slowly but surely, gives it to them, discovers Shobha Warrier.
An impulsive decision to resign could eventually turn out to be a big career mistake, warns Srividya Kannan.
'The biggest gainers under this scheme would be insurance companies.' 'If the government is going to route the payments through the insurance companies, these companies will be making nearly 30 per cent of the money.' 'For instance, if the government is paying Rs 100, then Rs 30 will go to these insurance companies.' 'Only Rs 70 will be available for expenditure that will be incurred by the hospitals.'
'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
Modi said that violence, abuse and rude behaviour against frontline workers is not acceptable
Government officials have lodged FIRs and slapped fines to the tune of Rs 1 crore on hospitals involved in frauds.
For COVID-19 patients, there will be three rate slabs on per day basis -- Rs 4,000, Rs7,500 and Rs 9,000 -- based on the category of wards they have been admitted in.
There are some companies that provide just about everything.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
Physical advisors have been receiving tough competition from algorithm-based investment counselling and robo-advisories.
The one thing holding back the plucky youngster who has never hesitated to plunge into unknown territory, is funds
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
Efforts to end the US government shutdown and avoid a debt default before the October 17 deadline remained elusive.
Some of the proposals (for example trade margin calculation for imported medical devices) were not approved by the PMO and were sent back for revisions.
Let us take a look at some of the things that one should keep in mind.
Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.
Gloves, masks, vitamin C, wet wipes and sanitisers are the new essentials you have to move around with.
From reiterating his commitment to build the border wall to protecting the American way of life from terrorist threats, President Donald Trump outlined his vision for the United States of America
The abolition of wealth tax is again a welcome step.
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