Pakistan's popular hill station Murree was declared a calamity-hit area on Saturday after at least 21 people, including nine children, froze to death in their vehicles due to unprecedented snowfall and rush of tourists to the picturesque town in Punjab province.
The government must create a National Technology Acquisition Fund to increase technology infusion in micro, small and medium enterprises.
They want FSI to be in line with export benefits for the sale of residential properties to NRIs and foreigners.
The government announced several incentives in the five-year Foreign Trade Policy.
The study suggested tax rebates for high-end technology companies that set up research and development centres in India.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.
As an applicant, you must understand there is a difference between getting an offer letter from a university and receiving a study visa, explains Ajay Sharma, president, and founder, Abhinav Immigration Services.
The Resistance Front (TRF), which is believed to be a shadow group of LeT, claimed responsibility for the killings. IGP (Kashmir) Kumar said police have seized a vehicle used in the attack and that such killings were being executed at the behest of Pakistan.
Petroleum Minister Murli Deora is seeking to give a big push to domestic oil and gas hunt through a slew of fiscal incentives including infrastructure status to exploration and production business and exemption from service tax.
Pakistan are scheduled to play three Tests and as many T20Is in a bio-secure environment in England amid the COVID-19 pandemic.
The Individual tax payer exemption limit to be raised to Rs 200,000 from Rs 180,000.
Finance Minister Arun Jaitley on Friday hinted at not raising tax rates and providing incentives for manufacturing.
Union Budget 2009-10 has been mildly positive for the power sector.
Extension of 2% interest subvention for textile sector will reduce the interest burden on the P&L of textile companies this fiscal.
Hike import duty on finished products; Rationalize excise Duty on Molasses to 8% ad valorem or Rs. 375/PMT and on Naphtha to 8%, cut corporate tax to 25%, service tax to 5%.
Only Cement is assessed to retail selling price based excise duty but denied abatement; also seeks imposition of import duty due to emerging surplus supply situation in India
Seeks removal of commodity transaction tax, which was never notified amidst strong protests, reduction in securities transaction tax to cut transaction cost and boost volumes.
'It is quite natural for our farmers to go for rice and cane when both power and water are almost free.'
Banks have sought relaxation in norms for classifying loans to delayed infrastructure projects as sub-standard assets even as the Reserve Bank of India has indicated its unwillingness to ease the group exposure ceiling.
The interim Budget in May this year had extended the depreciation benefit on purchase of new commercial vehicles to September from March 2009. Industry executives said this should be extended as sales of large vehicles slumped 40 per cent in April and May this year. Sales of medium and heavy commercial vehicles had dipped 33 per cent in 2008-2009.
Congress leader and ex-finance minister P Chidambaram on Tuesday said the Union Budget was the "most capitalist" with nothing for the poor and farmers while sops were being provided to big industrialists turning India into a very "unequal country". At a press conference after Union Finance Minister Nirmala Sitharaman unveiled a Rs 39.45 lakh crore Budget, he said because of the ruling party's "brute majority" the Lok Sabha pass the Budget but people will reject it. He claimed the Bharatiya Janata Party was going to elections, scheduled in five states, not with their performance or with the promises and assurances to the people, but solely "with the agenda of dividing the country and bringing Hindutva back to power".
The Centre told the Bombay high court on Tuesday that a door-to-door COVID-19 vaccination programme for senior citizens, specially-abled, bed-ridden and wheelchair-bound people is currently not possible, but it has decided to start 'near-to-door' inoculation centres.
RCB batsman AB de Villiers can still sense the momentum which his side gained in the 13th edition of the IPL in UAE.
Wankhede is set to host 10 IPL games this season from April 10-25. The first match at the Mumbai stadium is slated to be played on April 10 between Delhi Capitals and Chennai Super Kings.
Mumbai recorded a 4x growth in property registrations on a yearly basis in June this year, as restrictions imposed by the state government ended. Mumbai and its suburbs recorded property registrations of 7,857 units in June, compared to 1,839 units registered in June 2020. The registrations for June were also 39 per cent higher, compared to the same month in the pre-pandemic period of June 2019, said a new report by Knight Frank India.
The video purportedly shows pigs roaming freely in the corridors of the hospital, undeterred by people walking nearby.
The government has broadened the ambit of services exempted from service tax for Special Economic Zones as services provided to these zones even from outside would not be taxable.
Finance Minister P Chidambaram on Thursday ruled out changes in tax laws for micro-finance institutions and allowing foreign equity in the sector, but kept options open for a separate fund for them.
However, he disappointed big time by not announcing any relief in taxes or change in the tax structure to bring relief to the common man.
Intensifying screening of international passengers at airports, asking educational institutions to postpone their public events, and limiting gatherings, meetings, conferences to 500 people, are among the other measures announced by the government.
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