The peak rate of 30% applies on annual income of individuals above Rs 10 lakhs.
"The President very much welcomes India's Look East approach. We believe that just as the United States, as a Pacific Ocean power, is going to be deeply engaged in the future of East Asia, so should India as an Indian Ocean power and as an Asian nation," Deputy National Security Advisor for Strategic Communication Ben Rhodes said.
'China feels India will be hard-pressed not to go after China because we are so badly dependent on them -- and that is the reality.'
A summary of sports events and sports persons, who made news on Saturday.
News of all that's transpired on and off the football field
'Women's voices are too high or too low, or they are seen as too short or too tall, or too fat or too thin, to be great leaders.' 'These judgments wear us down.'
News of all that's transpired on and off the football field
Three Union ministers came out in support of boxer Sarita Devi as sports minister Sarbananda Sonowal sought a report from the Indian Olympic Association (IOA) on pugilist's controversial loss against Korean boxer in the semi-final of the Asian Games in Incheon.
Leveraging Indo-Asean trade talks means a stronger Look East policy.
20 PHOTOS that prove that it's a mad, mad, mad, mad world out there!
Asian Games heptathlon gold medal changed her life as she became a star but Swapna Barman, on Friday, said she sometimes get nervous and scared of the people's high expectations.
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
Pradhan said a team of officials of state-run Indian Oil Corporation had visited Vietnam and explored some business ventures
Melting of Himalayan glaciers has doubled since the start of the 21st century due to rising temperatures, losing over a vertical foot and half of ice each year and potentially threatening water supply for hundreds of millions of people in countries, including India, according to a study published in 2019.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
India's largest airline has also told its crew members -- who are working on flights connecting India with East Asian countries like Thailand and Singapore -- to wear N95 masks at all times when they are on ground.
Top losers in the Sensex pack included M&M, SBI, Yes Bank, Asian Paints, HDFC, Tata Steel and L&T, shedding up to 2.55 per cent. The broader NSE Nifty settled 79.80 points, or 0.72 per cent, down at 10,996.10.
Ten photos that prove that it's a mad, mad, mad, mad world!
Official sources said withdrawal of tanks and other armoured elements from certain friction points is nearing completion while pulling back of troops from the North bank areas is being undertaken.
Indian paddlers Achanta Sharath Kamal and Neha Aggarwal have qualified for the Beijing Olympics' table tennis competition. Both made the grade via the men's and women's singles quota places from the South Asian region during the ongoing Olympic qualifying tournament for the Asian zone in Hong Kong, according to a Table Tennis Federation of India statement on Friday.
As per the agreement reached by the two sides, India and China will withdraw the forward deployment in a phased and coordinated manner, the defence minister said.
The next big destination for IS in South Asia could be India. In India, the SIMI-IM network can provide the logistics for an IS staging area, says Brigadier S K Chatterji (retd).
The challenge for politicians is that the continuous electoral cycle favours short-termism and the loan waiver type of policy, whereas prosperity requires hard decisions where commonly held perceptions must be disrupted and over-turned, says Dhiraj Nayyar.
As per TripIndex Breakfast 2015, a TripAdvisor cost comparison study, Mumbai ranks 11th among the best value destinations for an overnight stay with breakfast costing Rs 9,343.92.
On the Sensex chart, losses were mainly driven by Hero MotoCorp, Tata Motors, Axis Bank, Tata Steel, Maruti and SBI -- falling as much as 6.19 per cent.
Three naval ships of China's Nanhai Fleet left a naval port in Sanya, Hainan Province on Wednesday, kicking off an annual combat drill in the South China Sea, East Indian Ocean and West Pacific, state-run Xinhua news agency reported.
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
A summary of sports events and sports persons, who made news on Wednesday
Police confirmed the explosion, near a shrine at a major Bangkok road, was from a bomb but no one has yet claimed responsibility for the attack.
Prime Minister Manmohan Singh on Thursday embarked on a four-day visit to Indonesia and Singapore with an aim of bolstering partnership with East Asia at a time when the United States and Europe are going through economic crisis.
The World Anti-Doping Agency (WADA) has suspended the accreditation of NDTL for six months in a massive blow to the country's anti-doping programme, the cost of which will rise significantly now.
'It's about experience. My players were fit, in fact fitter than Oman, but they were more experienced.' Coach Stimac rues India's one-man attack after Oman agony
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
Tshering Dorji scored the only goal of the match in the 84th minute for the small Himalayan nation, ranked last of the 209 teams in FIFA's rankings, against Sri Lanka.
In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.
'It is time to allow the rupee to move towards its true value, as it is hurting Indian exports, investment and SMEs associated with export sectors that create jobs,' argues Pravakar Sahoo.
'The outlook for private investment, which has been such a weak link for India for so long, remains challenging.'
New Zealand football coach Fritz Schmid, on Tuesday, dubbed India lying somewhere between 'a sleeping giant and a rising competitor'.
The India-Japan joint naval exercises are a strategic signal for China, observes Dr Rajaram Panda.
Renault Kwid is a good entry-level car for Indian roads.