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Relief for salaried class under new tax regime; 50 per cent hike in standard deduction
New Delhi: In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income…
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Mobile phones to get cheaper as Nirmala Sitharaman reduces basic customs duty
New Delhi: Finance Minister Nirmala Sitharaman announced a reduction of 15 per cent in the Basic Customs Duty (BCD) on mobile phones while presenting the Union Budget for the fiscal year 2024-25…
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Govt extends financial support for flood mitigation, irrigation projects
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive financial support plan of Rs 11,500 crore to enhance flood control measures and irrigation projects across several states. Presenting the Budget…
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Glad to know Hon’ble FM has read Congress manifesto: Chidambaram
New Delhi: After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance…
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FDI rules will be simplified, says Sitharaman in Budget speech
New Delhi: Seeking to attract more funds into the country, Finance Minister Nirmala Sitharaman on Tuesday said rules for Foreign Direct Investment (FDI) will be simplified. Presenting the Union Budget 2024-25, the…
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Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
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Budget speech more focused on posturing than action: Congress
New Delhi: The Congress on Tuesday claimed that the government seems to have finally come around to “tacitly admitting that mass unemployment is a national crisis” that requires urgent attention, as it…
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Govt cuts customs duty on gold, silver, mobile phones
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent. In her budget speech…
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Egypt is important, valued strategic partner of India: Jaishankar
New Delhi: External Affairs Minister S Jaishankar on Monday attended an event here marking the National Day celebrations of Egypt and said India is committed to take forward the strategic partnership between…
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Row over NEET-UG physics question: IIT-D experts say there is only one correct answer
New Delhi: A panel of three experts of IIT Delhi has told the Supreme Court that there was was only one right answer and not two to a controversial physics question that…
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PM Modi pays tributes to Azad, Tilak on their birth anniversary
New Delhi: Prime Minister Narendra Modi on Tuesday paid tributes to freedom fighters Chandra Shekhar Azad, a revolutionary, and Bal Gangadhar Tilak, a nationalist who advocated ‘swaraj’, on their birth anniversary. Modi…
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India among top 3 countries in forest area gains: FAO report
New Delhi: India gained 2,66,000 hectares of forest area annually from 2010 to 2020, securing the third spot among the top 10 countries with the most significant forest area gains during this…
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Union Budget 2024: Standard deduction hiked, income tax rates announced
Standard deduction have been hiked and rates of new income tax slabs have been announced by the Union Finance Minister Nirmala Sitharaman while presenting her seventh consecutive Union Budget on Tuesday, which…
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Indian Navy’s warship INS Brahmaputra severely damaged in fire, sailor missing
New Delh: Indian Navy’s frontline guided missile frigate INS Brahmaputra sustained severe damage and tilted heavily to one side following a fire onboard the ship while it was undergoing refit at the…
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SC stays Kanwar Yatra directives on eateries, oppn hails top court’s move
New Delhi: The Supreme Court on Monday imposed an interim stay on the controversial Kanwar Yatra directives in Uttar Pradesh and Uttarakhand related to eateries, prompting the opposition parties to ask Prime…
