The US on Friday announced 100,000 dollars for humanitarian relief for the victims of the flood in the wake of the heavy monsoon rains in Gujarat, Maharashtra and other affected states.\n\n
The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.
The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.
Only Mukesh Ambani and Gautam Adani are ahead of her.
Singh said that about 150 people including women and forest, revenue and other officials were present at the time of the incident, and if the officials were assaulted, "why are there no eyewitnesses".
This brings its tax treatment on par with the Prime Minister's National Relief Fund.
According to the police, the bus was speeding and filled with passengers due to which the driver lost control and the vehicle rammed into the wing wall of the flyover.
The compensation would be given from the Prime Minister's National Relief Fund, official sources said.
In an affidavit submitted before a division bench of Chief Justice Dipankar Datta and Justice M S Karnik, PMO Under Secretary Pradeep Srivastava said the PM's photograph, name and national emblem were also used in the Prime Minister's National Relief Fund (PMNRF).
The Union Budget 2025-26 on Saturday allocated Rs 2,33,210.68 crore to the Ministry of Home Affairs with the majority of the fund -- Rs 1,60,391.06 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF) and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding and security of vital installations.
'The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the hands of senior citizens.'
Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.
'If the government was serious about co-opting the corporate sector meaningfully in the fight against COVID-19, it could have specified activities beyond cheque-writing,' notes Kanika Datta.
Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
There is need for buyers to understand cancellation rules before entering into a purchase agreement with a developer.
The prime minister has announced an ex gratia of Rs 2 lakh from PMNRF (PM's National Relief Fund) for the next of kin of each deceased in the road accident in Mirzapur, UP. The injured would be given Rs 50,000, the Prime Minister's Office posted on X.
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund was established in March last year with the primary objective to deal with any kind of emergency situation like the one currently posed by the COVID-19 outbreak and provide relief to those affected.
Ramalingam Kalirajan dives into the specifics of NPS withdrawal rules to help you understand the conditions under which and when partial withdrawals are allowed.
Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
Several people are still feared trapped in the debris after a series of landslides that occurred in Chooralmala and Mundakkai of Wayanad.
Six-time world champion boxer M C Mary Kom, on Monday, said she will donate her one month's salary as Rajya Sabha MP, amounting to Rs 1 lakh, to the Prime Minister's Relief Fund to combat the COVID-19 pandemic in the country.
'We waded through the wet mud into the school, and what we saw were dead bodies strewn all over.' 'We could also see parts of human bodies buried under the wet mud.' 'It was a sight I will never forget in my life. Total devastation everywhere.'
The vehicle, a Tavera, was on its way to Jammu from Srinagar and it fell into a 300-foot gorge at the Battery Cheshma area of the district around 1.15 am, they said.
No limit exists on the number of electoral bonds that a person (including corporate entities) can purchase.
The accident took place near Badjhar Ghat at around 1.30 am when the vehicle's driver lost control over the wheels.
'This fund will enable micro-donations as a result of which a large number of people will be able to contribute with smallest of denominations,' a statement said. People can visit www.pmindia.gov.in to make contributions using credit and debit cards, UPI, net banking and RTGS or NEFT, it said.
BCCI donates 51 crore to Prime Minister's Relief Fund for disaster management in wake of COVID-19 pandemic while Suresh Raina donated 52 lakh.
The Delhi high court has refused to accept the apology of TMC MP Saket Gokhale in a sealed cover over a plea of former diplomat Lakshmi Murdeshwar Puri and said he has "tarried and procrastinated" but not complied with its verdict.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
Flood waters receded further in Kashmir Valley on Thursday enabling rescue teams to evacuate another 2000 stranded people and provide crucial supplies for people desperately waiting for help in submerged areas.
Prime Minister Manmohan Singh on Saturday announced an interim assistance of Rs 1,000 crore each for Andhra Pradesh and Odisha for relief and rehabilitation in the wake of destruction caused by cyclone Phailin.
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
A deadly collision involving a gas tanker and multiple vehicles turned a stretch of the Jaipur-Ajmer highway here into an inferno on Friday morning, killing seven people, injuring more than 35 and engulfing over 30 vehicles in flames as thick black smoke filled the sky.
Following his appeal, people from various walks of life including women and children had donated even their gold jewels and meagre savings to help the flood-affected people.
With the recovery of eight more bodies, the death toll in the Delhi-Gorakhpur train accident has climbed to 22 on Tuesday. "Eight more bodies have been recovered by the rescue teams since Monday night and 103 others have been injured," District Magistrate Bharat Lal said.
'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.'
The Supreme Court of India has dismissed a public interest litigation (PIL) seeking to make dowry harassment and maintenance provisions "gender neutral." The court stated that it cannot legislate law and it is the responsibility of Parliament to look into such matters. The PIL, filed by an NGO, argued that these provisions are often misused to harass husbands and their families. The court, however, emphasized that every case must be judged on its own merits, and that the provisions are intended to protect women and children. The court also noted that the allegation of misuse was vague and that such claims should be examined on a case-by-case basis.
Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.
Rohit Sharma, who is the vice-captain of the Indian ODI team, has donated Rs 45 lakh and Rs 25 lakh to the and CM's Relief Fund (Maharashtra) respectively. He has given Rs 5 lakh to 'Zomato Feeding India', which is helping families affected by the ongoing national lockdown, and another Rs 5 lakh to help aid the welfare of stray dogs.
By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.
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