Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.
With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.
The 'Mahagathbandhan' alliance in Bihar is expected to finalize its seat-sharing arrangement and announce candidates along with a joint manifesto soon. Talks between RJD and Congress are ongoing, with potential meetings in Delhi. The Congress is aiming for a respectable number of seats and highlighting the desire for change in Bihar.
Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.
The Maharashtra government has transferred Rs 17,505.90 crore into the bank accounts of 2.38 crore women beneficiaries under its Ladki Bahin Yojana till December 2024, in the first five months after the scheme was launched. The scheme, launched in August 2024, provides financial assistance of Rs 1,500 per month to eligible women. The objective of the scheme is to promote employment and economic development by providing adequate facilities to women and girls in the age group 21 to 65 years. The scheme aims to promote the empowerment of women and girls and improve the health and nutritional status of women and children dependent on them.
'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'
'There is no retrospective changing of the law, only its simplification.'
'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'
The direct cash transfer scheme is not a "jaadu ki chhadi" (magic wand) to reform a "broken down" delivery system and problems are there in its implementation, Union Minister Jairam Ramesh said on Sunday.
The story of Bihar's educational reform is a lesson for all reforms done halfway.
'...the electoral playing field is tilted significantly in its favour.'
The seeding of LPG database with Aadhar numbers is above 55 per cent and overall Aadhar penetration is 90 per cent in these districts.
'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'
'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'
Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.
Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN.
Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.
'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'
'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'
State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.
Debtor alleges evidence from OCI Ltd shows funds were "round-tripped" to Byju Raveendran despite his earlier sworn statements -- claims Byju's founders strongly reject.
'If the RJD loses it would be out of power for nearly 25 years. Meanwhile, the JD-U will have survival issues if it gets less number of seats.'
Maharashtra government to resume payments for most beneficiaries of the Ladki Bahin scheme after verification process found only a small percentage to be ineligible.
'Do exhaustive research and then select the one that best fits your budget and requirements.'
Gitanjali Angmo, wife of climate activist Sonam Wangchuk, has filed a plea in the Supreme Court seeking his release from detention under the National Security Act. Wangchuk was detained following protests in Ladakh. The plea challenges his detention and alleges violations of due process.
'Initiatives such as the Young Professionals Scheme also offer young graduates the chance to live and work in the UK after gaining experience.'
'No one can ignore PK's prediction about Nitish Kumar's party.'
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
We will roll out the scheme from January 1, says P Chidambaram.
The Supreme Court has sought responses from the Centre and Union Territory of Ladakh regarding the detention of climate activist Sonam Wangchuk under the National Security Act. Wangchuk's wife filed a plea seeking his release. The court has scheduled the next hearing for October 14.
'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'
Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.
President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.
Congress president Sonia Gandhi on Saturday strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA.
Prime Minister Narendra Modi inaugurates the Navi Mumbai International Airport and a portion of the Mumbai Metro Line, marking significant improvements to transportation infrastructure in Mumbai.
Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.
'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'
K Kavitha's suspension from BRS and subsequent departure have drawn comparisons to YS Sharmila's revolt against her brother, YS Jagan Mohan Reddy. The article explores the circumstances surrounding Kavitha's exit and its potential impact on the BRS.
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