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FM proposes to do away with tax exemptions on high value life insurance policies
New Delhi: Maturities of life insurance policies with an annual premium of Rs 5 lakh and above taken after April 2023 will now be taxed after Finance Minister Nirmala Sitharaman removed the…
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Morbi bridge collapse: Oreva group MD Jaysukh Patel sent to 7-day police custody
Morbi: A court in Gujarat’s Morbi town on Wednesday sent managing director of Oreva Group Jaysukh Patel in seven-day police custody in a case related to the Morbi suspension bridge collapse which…
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UK business and financial circles describe Indian Budget as very encouraging, stabilising
London: The Union Budget tabled by Finance Minister Nirmala Sitharaman on Wednesday has been widely welcomed in the UK business and financial circles as “very encouraging” for the bilateral partnership and also…
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Male student faints after finding himself among 500 girls in Bihar exam centre
Patna: A Class 12 student fell unconscious in the examination hall on Wednesday after finding himself the lone male among 500 girl students in Bihar’s Nalanda district, his family said. The student…
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Goa court directs to release rice, wheat seized during raids in Nov
Panaji: A Goa court in its three different orders has directed the Crime Branch of the police to release a large quantity of rice and wheat that were seized during raids conducted…
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Government refuses to comment on Adani Group crisis
New Delhi: The government on Wednesday refused to comment on the fraud allegations levelled by a US short seller on Adani Group, which triggered a massive USD 90-billion rout in the group…
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Union budget 2023-24 funds for Minority affairs ministry reduced by over 38%
New Delhi: The budgetary allocation for the Minority Affairs Ministry has been reduced by over 38 percent to Rs 3097.60 crore for 2023-24 as compared with the last fiscal, according to budget…
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Odisha CM expresses concern on reduction of MGNREGS, food security in Union Budget
Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Wednesday expressed concern over reduction of funds for MGNREGS and food security scheme in the Union Budget for 2023-24. Patnaik said the budget has some…
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Why can’t govt provide gender-neutral toilets? asks Madras HC
The Tamil Nadu government was asked by the Madras High Court to respond to a plea seeking the unavailability of gender-neutral toilets for transgender persons in the state. The court was hearing…
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‘Punjab completely ignored in the Union Budget,’ says Bhagwant Mann
Chandigarh: Ruling Aam Aadmi Party, opposition Congress, and Shiromani Akali Dal on Wednesday slammed the Union Budget, with Chief Minister Bhagwant Mann and State Finance Minister Harpal Singh Cheema saying the state…
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Huge disappointment for people of J&K: CPI(M) leader Tarigami on Union budget
Jammu: Senior CPI(M) leader MY Tarigami on Wednesday said the Union budget for 2023-24 was a “huge disappointment” for Jammu and Kashmir as the proposals contained in it failed to address the…
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Adani group stocks dip; Adani Enterprises tumble over 28%, Ports over 19%
New Delhi: Shares of Adani Group firms slumped on Wednesday and have lost more than Rs 7 lakh crore of their combined market capitalisation in the last five trading sessions amid concerns…
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Rs 5.94 lakh crore allocated to defence ministry in Union Budget
New Delhi: The defence budget was on Wednesday increased to Rs 5.94 lakh crore for 2023-24 in a modest hike of 13 percent from last year’s allocation of Rs 5.25 lakh crore…
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Retd HC judge to monitor crime branch probe into Odisha minister’s murder case: Official
Bhubaneswar: A former Orissa High Court judge will monitor the police crime branch investigation into the murder of health minister Naba Kishore Das, an official said on Wednesday. The home department had…
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Budget reduces surcharge on HNIs, brings down India’s highest income tax rate to 39 pc
New Delhi: The Budget 2023-24 proposes to lower India’s highest rate of income tax to 39 percent, from 42.74 per cent at present, by reducing the surcharge applicable on high net-worth individuals.…
