Budget Highlights-11
* Services provided by EPFO exempted from service tax Limited tax compliance window from June 1 – September 30 for declaring undisclosed income at 45 percent including surcharge and penalties Clean energy cess increased from…
Articles by Raju Sagi
Bundesliga: Dortmund, Mainz take big wins
Berlin, Feb 29 (IANS) Borussia Dortmund came from behind to beat a 10-man Hoffenheim 3-1 while Yunus Malli’s brace moved FC Mainz 3-1 past Bayer Leverkusen in their respective Bundesliga matches. Dortmund extended their winning…
Former executives charged over Fukushima accident
Tokyo, Feb 29 (IANS) Japanese prosecutors on Monday charged three former directors of Tokyo Electric Power Company (TEPCO) — that operates the crippled Fukushima nuclear plant — in the first criminal trial linked to the…
China to fire 1.8 mn people in coal, steel sector
Beijing, Feb 29 (IANS) China is planning to lay off 1.8 million workers from the coal and steel sector owing to industrial overcapacity, Minister of Human Resource and Social Security Yin Weimin announced on Monday….
Rs.100 crore for birth centenary of Deendayal Upadhyay
New Delhi, Feb 29 (IANS) The government on Monday announced allocation of Rs.100 crore for the celebrations of the birth centenary of Pandit Deendayal Upadhyay, a leader of the Bharatiya Jana Sangh, the forerunner of…
‘Ek Bharat Shrestha Bharat’ scheme to be launched: Jaitley
New Delhi, Feb 29 (IANS) Finance Minister Arun Jaitley on Monday announced that ‘Ek Bharat Shrestha Bharat’ scheme will be launched with an aim to connect states and districts of the country. “The states and…
Sea levels rise behind high climatic damage costs: Study
London, Feb 29 (IANS) With the rise in sea levels, costs of climatic damages like floods are also increasing constantly at a higher rate, impacting the coastal regions of the world, says a study. “When…
Investment of Rs.97,000 crore in road sector: Jaitley
New Delhi, Feb 29 (IANS) In a major push on infrastructure, Finance Minister Arun Jaitley on Monday announced allocation of Rs.97,000 crore for the roads sector in the union budget for the next fiscal. This…
Barca take another step towards Spanish title
Madrid, Feb 29 (IANS) FC Barcelona took another step towards the title as they came back from a goal down to win 2-1 at home against Sevilla in a Primera Liga match at the Camp…
Budget Highlights-10
* Relief of Rs.3,000 per year to taxpayers with income below Rs.5 Lakh per year to benefit one crore taxpayers Surcharge on income tax for incomes exceeding Rs.1 crore per annum raised from 12 percent…
Union Budget announcements depress equity markets
Mumbai, Feb 29 (IANS) Union Budget announcements, combined with negative Asian cues, and a dip in the rupee value depressed the Indian equity markets during the afternoon trade session on Monday. Consequently, the barometer 30-scrip…
HC upholds TRAI’s call drop compensation order
New Delhi, Feb 29 (IANS) Delhi High Court on Monday upheld the order of the Telecom Regulatory Authority of India (TRAI) making it mandatory for cellular operators to compensate subscribers for call drops. A division…
Joe Biden, Lady Gaga get on Oscars stage for a cause
Los Angeles, Feb 29 (IANS) US Vice President Joe Biden and singer Lady Gaga took to the stage of the 88th Academy Awards here on Sunday to call for end of rape culture, urging artistes…
Will sing in Haryanvi as long as I work: Rapper Fazilpuria
New Delhi: Singer Fazilpuria during the launch of his new album `Party` in New Delhi, on Jan. 30, 2016. (Photo: IANS) New Delhi, Feb 29 (IANS) After creating waves with his Haryanvi song “Chull”, which…
Budget Highlights-9
* For income below Rs.5 lakh per annum, tax ceiling has been raised from Rs.2,000 to Rs.5,000 Relief to those in rented houses: Deduction raised from Rs.24,000 to Rs.60,000 under Section 88G Corporate income tax:…
Police deployed to demolish Jakarta’s red light district
Jakarta, Feb 29 (IANS) The Indonesian government on Monday deployed 5,000 police personnel to demolish hundreds of buildings in north Jakarta’s red light district of Kalijodo after residents were evicted from the area last week….
Trial operations at Kerala’s 4th international airport successful
Kannur (Kerala) Feb 29 (IANS) The first trial operations at Kerala’s fourth international airport Kannur on Monday were successful when an IAF aircraft landed at the airport that will open for commercial operations in September….
Health Insurance up to Rs.1 lakh per family: Jaitley
New Delhi, Feb 29 (IANS) Finance Minister Arun Jaitley on Monday announced that the government will provide health insurance of up to Rs.1 lakh per family. “The government will provide health insurance of up to…
Higher education financing agency to be set-up: Jaitley
New Delhi, Feb 29 (IANS) Finance Minister Arun Jaitley on Monday announced the setting up of a higher education financing agency, with a fund of Rs.1,000 crore. Presenting the 2016-2017 Budget in the Lok Sabha,…
100 percent foreign equity in retail of domestic food products: Jaitley
New Delhi, Feb 29 (IANS) In a major reforms push, Finance Minister Arun Jaitley on Monday said 100 percent foreign equity will be allowed in the retail of domestically-processed food to give a push to…