'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
The Rajya Sabha, India's upper house of parliament, witnessed its second-longest sitting in history on Thursday, lasting until 4:02 am the next day. The House convened to clear the Waqf (Amendment) Bill and approve the statutory resolution on the imposition of President's Rule in Manipur. The longest sitting in Rajya Sabha history occurred on September 17, 1981, when the House sat until 4:43 am to pass the Essential Services Maintenance Bill.
But increase in surcharge for DDT to impact debt funds.
FM hiked the limit for investors to invest in RGESS to Rs 12 lakh from Rs 10 lakh.
The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.
Should taxpayers invest in Rajiv Gandhi Equity Saving Scheme to save tax? How much tax will they actually save? And what are the pros and cons you should check out before going for this scheme? Salil Dhawan offers his take.
Announces inflation-indexed bonds and modified RGESS.
As direct tax rates are unchanged, the impact on individuals is fairly neutral.
The drop in the financial savings rate, for instance, has been addressed through an increase in the eligible income limit for the Rajiv Gandhi Equity Savings Scheme.
the limit for investors wanting to invest in RGESS has been raised to Rs 12 lakh from Rs 10 lakh earlier.
The scheme encourages retail investors to participate in capital markets.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
In order to increase retail participation in the capital market, Finance Minister Pranab Mukherjee on proposed a tax exemption scheme for new investors.
As a leader, he was ambitious, not for himself but for India and its people. His was not the short-term election cycle calculation of individual political gain. His was a practical vision of how to better the lives of his fellow citizens, asserts Ambassador Shivshankar Menon, who served as foreign secretary and national security advisor when Dr Singh was prime minister.
Senior equity research analyst Ramesh Bhojwani's biggest disappointments include no word on foreign direct investment, an absolute silence on reforms which is the need of the hour in several sectors like banking, realty, infrastructure and power. "Even the issue of divestment in PSUs has been given a passing reference," he adds.
The regulator has sought an increase in the investment limit for tax-saving equity mutual fund schemes to Rs 200,000 from the current Rs 150,000.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
On Tuesday, Modi will share his views with India Inc on 'Getting growth back'.
The government has also allowed individuals from the private sector to apply for the post
Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL.
It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
Did you know that you can get a tax benefit of up to Rs 50,000 under a health insurance policy?
To participate in an OFS, investors will have to open a trading A/C
A key demand is to reduce the dividend distribution tax on listed firms.
A tax plan is not only to save taxes, it should also assist you in achieving your other financial goals such as buying a home, a car, children's education, retirement to name a few. Here are some top ways in which you could plan for your tax savings
"The policy draft has been approved. The ministry has been renamed as education ministry," a senior HRD ministry official said. The existing NEP was framed in 1986 and revised in 1992. A new education policy was part of the Bharatiya Janata Party's manifesto ahead of the 2014 general election.
Gold, forex assets, IT sector, pharma. Devangshu Datta explains why each of these is a good hedge against market shocks at this time.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country.
'The urge to name the upcoming Navi Mumbai airport after well-known personalities and the equally strong urge to rally in large numbers supporting this name and that; all of this amidst COVID-19, felt deplorable,' asserts Shyam G Menon.
The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
The Union government is keen to ensure financial security for unorganised sector workers
MS Dhoni all set for new innings.
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
President Maithripala Sirisena's government in Colombo has clearly decided to restore some balance in its diplomatic outreach, which presents a great opportunity for India.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Surinder Kapur's relentless pursuit of quality made Kapur a highly efficient manufacturer of automobile components.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
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