With an intention of pinching the opposition, Prime Minister Narendra Modi on Sunday launched a verbal attack, saying the Congress, Samajwadi Party and Bahujan Samaj Party believe in 'kuch ka saath kuch ka vikas'.
'The BJP while being in government in Gujarat continues to campaign like an Opposition party whereas the Opposition does the opposite.'
The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain power for a record seventh straight term but was behind the Congress in Himachal Pradesh which could go with the trend of alternative governments in the hill state.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Dravida Munnetra Kazhagam legislator and the party's youth wing secretary Udhayanidhi Stalin was sworn in as minister in Chennai on Wednesday by Tamil Nadu Governor R N Ravi.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The Centre on Wednesday announced a raft of post-retirement employment possibilities for 'Agniveer' like priority in recruitment to the central armed police forces (CAPF) and Assam rifles but that failed to assuage the concerns of the opposition Congress which warned the 'transformative' 'Agnipath' scheme will reduce the operational effectiveness of the armed forces.
Union minister and former Army Chief General (retd) V K Singh on Wednesay said he has firm faith in Prime Minister Narendra Modi who had taken a pledge to implement the OROP scheme for ex-servicemen.
This will incentivise employers to recruit unemployed persons and also bring into books the informal employees.
Preparations are in full swing for Prime Minister Narendra Modi's in Uttar Pradesh's Mathura, which will mark beginning of the Bharatiya Janata Party's celebration of its first year in office.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
They were speaking at a function to mark the release of 'Defying the Paradigm,' a coffee table book on Srinivasan's 50-year journey with India Cements.
The most important institutions have been and are being undermined with almost no resistance, warns Aakar Patel.
There were concerns that simply opening a bank account wouldn't constitute meaningful financial inclusion, as the poor would rarely use these accounts. However, recent data submitted to Parliament attests to increased account usage, says Ishan Bakshi.
A railway station and a police vehicle were torched and several law enforcers injured in stone-pelting incidents on the fourth consecutive day of protests against Agnipath scheme on Saturday when a bandh was also called to press for the demand for rollback of the new scheme for recruitment in armed forces.
According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.
'How is the scheme running despite running such massive deficits?' 'This is because the number of new members are much more than earlier members who are drawing pension.' 'If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.
The government is also looking to earn 8 paise for every rupee from Union excise duty and 3 paise from customs duty. While, income tax will yield 14 paise to every rupee collection.
The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold chains, educational institutions, hospitals, and gas pipelines.
Defence Minister Manohar Parrkar ruled out the possibility of deploying the Indian Army in anti-Naxal operations.
The government on Saturday asked the ex-servicemen to end their 84-day agitation as their basic demand for 'One Rank and One Pension' has been accepted and asserted it was open to talks after the veterans voiced their dissatisfaction over key provisions.
Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.
The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.
Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation
Of the total cash outgo Rs 40,000 crore is towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program and Rs 33,771.48 crore have been sought for direct benefit transfer under Pradhan Mantri Jan Dhan Yojana and National Social Assistance Programme.
If the Congress comes to power in the state, it will not allow his government to work, Modi claimed.
Protests against 'Agnipath' left Bihar in flames on Friday when rampaging mobs set fire to dozens of railway coaches, engines and stations and torched Bharatiya Janata Party offices, vehicles and other property, prompting the police to suspend internet services in nearly a third of the state.
Minister of state for defence, Rao Inderjit Singh, on Thursday asked the armed forces to "prioritise" their requirements in the view of the limited budget and also spend the allocated money efficiently.
September 15 is the deadline for paying the second instalment of advance tax. This is income-tax (I-T) taxpayers need to pay every quarter, instead of a lump sum at the end of the year. Ashutosh K Srivastava, senior associate, SKV Law Offices, says, "The tax has to be usually paid when income is earned. "Nonetheless, according to the I-T Act, the taxpayer has to estimate his income for the entire financial year. Based on that, he/she pays tax at specific intervals."
The AG said that due to Aadhaar, government has saved over Rs 50,000 crore on the schemes to benefit the poor as well as the pension schemes.
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
The CMOAI had earlier called for a three-day strike that began on Thursday.
'We're hitting at the core strength of our armed forces.'
The government has set up a high-level committee.
MFs continue to find it difficult to attract and retain long-term money from investors
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
The government plans a mega launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) by Prime Minister Narendra Modi on August 28, which is likely to see opening of one crore bank accounts on the first day itself.