The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) while also joining nations like the UK in imposing a windfall tax on crude oil produced locally. A Rs 6 per litre tax on export of petrol and ATF and Rs 13 per litre tax on export of diesel is effective from July 1, finance ministry notifications showed. Additionally, a Rs 23,250 per tonne tax was levied on crude oil produced domestically.
'We have gone through more than what any company will go through.'
Even as India's internet base continues to widen, with the country set to have over 900 internet users by 2025, a parallel rise in cyber threats has become a matter of huge concern. Experts say that the sudden surge in digital adoption left little time to develop a cybersecurity backbone for the country. This has put large amounts of data at risk.
"For the next 25 years we need to focus on the five resolves - developed India, removing every trace of bondage from our mind, taking pride in our glorious heritage, unity, and fulfilling our duties," he said.
Indexation is a technique to adjust tax payments by employing a price index which adjusts for inflation
Chinese mobile manufacturer Vivo will return to sponsor the IPL this season after its attempts to transfer the rights to another company failed to materialise as offers were not upto its "expectations".
400 young Indians will make it to the prestigious National Defence Academy in Khadakvasla if they clear the NDA entrance exam on November 14.
General Naravane said that operational readiness and modernisation will be among the top priorities of the army under his leadership.
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
Roger Federer's proposal to merge the tours gets thumbs up from top players.
'Rahul inspired Indian industry with an ethos, an ethos of being more confident, more independent, more thorough, more competitive, more generous, more public-spirited, and more national and more international all at once,' remembers Naushad Forbes.
Terming as "serious" the promise of "irrational freebies" made by political parties during elections, the Supreme Court on Tuesday wondered why the Centre was hesitant about taking a stand on the issue.
He said Trump's closing argument was "What do you have to lose?' The answer is: Everything".
The impact of Shinzo Abe's towering personality is such that even in death, Abe remains a polarising figure, asserts Dr Rajaram Panda.
The insurance companies will use "green, orange, and red" colours to indicate the complexity of the products that are on offer.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In a note to customers, the country's largest lender State Bank of India said, 'Interest shall continue to accrue on the outstanding portion of the term Loan during the moratorium period'. The accrued interest will be collected by the lender in the form of additional EMIs from those borrowers who opt for the three-month moratorium.
Trust these Indian style sensations to pull the right chords at one of the world's greatest fashion galas.
The Spaniard, who turns 36 next week, will next meet Dutch 26th seed Botic van de Zandschulp with a potential quarter-final looming against world number one Novak Djokovic who defeated him in last year's semi-finals.
"Though we reiterate our commitment to peace, our defence forces -- the army, the air force and the navy -- are adequately mobilised in a well-coordinated move to thwart any attempt to undermine our security. Our national interest will be protected at all costs. We have also ensured a widespread understanding in the international community of India's firm and principled stand," the President said. India and China are locked in a nearly nine-month long military standoff in eastern Ladakh.
Any adverse electoral fallout in Thrikkakara by-poll may have an impact on Rahul Gandhi because this falls in the state he represents as a member of Parliament and KC Venugopal because it is his home state, reports Shine Jacob.
Summary of sports events and persons who made news on Saturday
While the likely intensity of the third wave is still a matter of debate, wisdom lies in being financially prepared for it, advises Bindisha Sarang.
If a couple is registered as joint owners of a property, the tax authorities expect both of them to show their income or capital gains from the house in their tax returns, says Arvind Rao, a chartered account and certified financial planner
Neeraj Das alias 'Kola Lora', the prime accused in the AASU leader lynching case, died on Wednesday after being hit by a police vehicle "as he was trying to escape police custody", a senior officer said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Is taxable amount above 1 Lac is also to be shown as income from other sources?'
The pandemic should force you to take a hard look at the downside risks that could jeopardise your finances.
The Congress alleged that the money-laundering law has been weaponised to target and humiliate people, and urged the Supreme Court to decide soon on the matter concerning the National Herald-Associated Journals Limited case.
'No matter how big the name, no one lives forever; like medicines, we come with an expiry date.' 'But, in the short time that we have, we try to make something that will stay on long after we are gone.'
Lack of sleep affects your mood, brain performance, and overall health besides increasing the risk of many diseases like heart disease, obesity, dementia, and stroke.
'The margin of victory or loss would make both camps rethink their strategies for the 2024 assembly election in Maharashtra.'
Kannada actress Parul Yadav talks about working with Yograj Bhat in Vaastu Prakaara and her forthcoming projects.
MSCHF, a Brooklyn-based group of artists and designers, painstakingly recreated three peoples' medical invoices as large scale paintings. The work is aptly called 3 Medical Bills.
Neuer sidelined for 'coming weeks' after knee surgery - Bayern
'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
A bench of Justices Manmohan and Sanjeev Narula said private unaided schools 'shall be entitled to claim reimbursement of reasonable cost for procurement of the equipment and internet package from the State under the Right to Education (RTE) Act, 2009, even though the State is not providing the same to its students'.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
