News
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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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High command will address ED’s targeting of Karnataka govt: Siddaramaiah
Bengaluru: Karnataka Chief Minister Siddaramaiah on Tuesday said that he has discussed the issue of the Enforcement Directorate (ED) targeting the Congress government with the party’s high command and they will address…
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UAE to soon provide health insurance with tourist visa
Abu Dhabi: In a significant move, the United Arab Emirates (UAE) Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has announced a health insurance for tourist visas as part of…
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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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Imran Khan, wife move court seeking jail amenities in line with ‘international standards’
Islamabad: Jailed Pakistan prime minister has moved a top court here to get jail amenities in line with international standards for him and his wife, according to a media report on Tuesday.…
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ED questions lodging of FIR against its officials in Karnataka HC
Bengaluru: In a major development, the Enforcement Directorate (ED) approached the Karnataka High Court on Tuesday questioning the filing of an FIR against its officials by the state police in connection with…
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Smita Sabharwal ready to accept challenge of differently-abled IAS mentor
Hyderabad: Senior IAS officer Smita Sabharwal is ready to accept the challenge thrown by differently-abled IAS mentor Bala Latha Mallavarapu to resign and write civil service exams with her and beat her…
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Iran urges Europe to adopt independent approach for improving bilateral ties
Tehran: Iran’s Foreign Ministry Spokesman Nasser Kanaani has said that should Europe adopt an independent approach to its foreign policy, its relations with Tehran would improve. He made the remarks on Monday…
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Syria, Russia join efforts to rebuild war-damaged historical landmark in Syria: Report
Damascus: Syrian Culture Minister Lubanah Mshaweh and Russian Ambassador Alexander Yefimov met to discuss the ongoing project to rebuild the war-damaged Arch of Triumph in Palmyra, according to state media. Mshaweh stressed…
