'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'
Vardhan said the ICMR is actively researching on reports of COVID-19 reinfection and although the number of such cases is negligible at this moment, the government is fully seized of the importance of the matter, the health ministry said in a statement.
Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.
We must resist the temptation to look at the absolute numbers being vaccinated, and focus instead on the percentage of the population vaccinated, he said in his letter.
'I would recommend two parts to fiscal support. One, support the lower end of the society by direct intervention through ways such as direct benefit cash transfer. Second, give fiscal support to the stressed sectors in line with the Rs 3-lakh crore (Rs 3 trillion) emergency credit line guarantee norms'
CPI-M veteran Pinarayi Vijayan was elected its Parliamentary party leader, paving the way for his successive stint as chief minister of Kerala.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Addressing a press briefing, Union Health Secretary Rajesh Bhushan said healthcare workers and frontline workers need not register themselves as their database has been populated on to the Co-WIN vaccine delivery management system in a bulk manner.
'The government has to take effective steps to strengthen democracy, rule of law, maintain communal harmony and safeguard the security of the country and its people.' 'The government has to carry all sections of the people with it irrespective of their race, caste, community, region or language,' and try to unite them by promoting fraternity among them,' says legendary Constitution expert P P Rao.
A top Home Ministry official said no note has been prepared yet to be placed before tomorrow's scheduled meeting of the Cabinet to be chaired by Prime Minister Manmohan Singh.
In the Nagpur Central Jail, a COVID-19 patient who has been complaining since the last 10 days of high fever, breathlessness, joint pain, cold and sore throat, is being treated in jail quarantine. The prisoner is Professor G N Saibaba, 90% handicapped, wheelchair-bound, with a damaged heart and pancreas; dependent on others even for his essential bodily functions.
India, Taiwan and countries with large numbers of Tibetans, Uyghurs and overseas Chinese will be prominent among those that witness elevated United Front activity, notes Jayadeva Ranade, the distinguished China expert and retired RAW officer.
'This virus came in December 2019 and how this virus is going to behave in October and November, we don't know yet.'
Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.
Wants another committee to review adverse report of experts against 6 dams
In 2020 India was compelled by China to change its national security strategy. From counter-insurgency, which the army has been focussed on for years, we shifted to conventional war, observes Aakar Patel.
'As a person who has seen the treasure, I am worried about its safety.'
The vaccine would be first made available to the vulnerable population and eventually, it would be available in the private market for all.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
The Chinese authorities have been rapidly building defence infrastructure along the Line of Actual Control, indicating that they are preparing for a long period of tension with India, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
However, students unable to appear in final-year exams in September will get another chance and universities will conduct special exams 'as and when feasible', according to a revised guidelines issued by the University Grants Commission (UGC).
Acharya was one of the youngest deputy governors in the central bank's history and was in charge of the critical monetary policy department which also made him a part of the rate-setting panel.
Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24x7 power supply amid discoms' outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation companies (gencos) have been a perennial issue affecting the entire value chain in the power sector and are also a hindrance for the ambitious goal of 24x7 power supply across the country even when the payment for coal is made in advance. The situation persists despite the fact that discoms' dues become overdue after 45 days of generating bills and they also have to pay penal interest on the overdue amount in most of the cases to gencos.
Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
The Supreme Court on Tuesday refused to give an urgent hearing to a plea of the Tamil Nadu government for setting up the Cauvery management board for implementation of the Cauvery water disputes tribunal award, saying there is "no urgency" for it.
Given the fiercely competitive political environment, observers naturally associated an element of appeasement with the Shinde government's move, Shyam G Menon points out.
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
'The size or economic potential of no event can be a valid excuse to break the law of the land.'
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
'Why isn't the BJP ready to give reservations to Muslims despite the high court telling it to do so?' 'A K Antony said the Congress lost the 2014 election because of Muslim appeasement. Antony should have gone to the jails of Maharashtra and found out how many Muslims were arrested during Congress rule. I don't know what kind of appeasement this is.' 'We reposed faith in so-called great secular leaders and they deceived us.'
The final and most significant reset in the relations between the government and the RBI is the manner in which the process of appointing the governor and deputy governors of the central bank has been changed.
The board deliberated on the governance framework of the RBI and it was decided that the matter needs further examination
Several opposition members, including from the Dravida Munnetra Kazagham and the Communist Party of India-Marxist, also pointed out that the government took almost two months to impose the lockdown after the first case came to light in January, and claimed the delay had proved costly.
Senior Supreme Court advocate Ranjit Kumar, considered an expert on constitutional laws, was appointed as the solicitor general on Saturday. The law ministry issued a notification appointing Kumar, who has defended Gujarat in a number of cases, as the next solicitor general of India.
The NTAGI has also stated that those having laboratory test proven SARS-CoV-2 illness should defer COVID-19 vaccination for six months after recovery, the sources said.
'Not one single, but multiple trials are there to quote. However, these will be published as scientific manuscripts.' 'This includes integrative as well as standalone approaches in Covid mitigation.'
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